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SOUDAH: Soudah Development, a closed joint-stock real estate development company owned by the Public Investment Fund of Saudi Arabia, has become the main partner in one of the world’s toughest endurance motorsports event, the Dakar Saudi Arabia 2022. The sponsorship is part of SD’s plans to promote extreme sports and adventure sports under its vision to create a luxury
RIYADH: Public Investment Company-owned Soudah Development Co. has attracted SR11 billion ($3 billion) of investment for its development of Al Soudah in the Asir region of Saudi Arabia, said CEO Husameddin Al-Madani. Of that $3 billion, $800 million is only for infrastructure, including primary and secondary and tertiary roads, and some investment in energy and microgrids, he
It was announced at the Saudi Green Initiative Forum (SGI), which kicked off in Riyadh Saturday in the presence of government officials, business leaders, climate experts and key policymakers.
RIYADH: Soudah Development, a Public Investment Fund company, on Saturday announced a new environmental initiative to plant more than 1 million trees across Soudah and parts of Rijal Almaa by 2030. It was announced at the Green Saudi Initiative Forum. The landmark project will support the Saudi Green Initiative, which aims to plant 10 billion trees, reduce carbon emissions by
According to a statement from the Ministry of Health, 2 people died due to complications caused by the virus over the past 24 hours.