INSEAD Day 4 - 728x90

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Makkah governor launches $4bn projects in the region

Prince Khaled Al-Faisal, the governor of Makkar, on Sunday launches several projects as Saudi Minister of Environment, Water, and Agriculture Abdul Rahman Al-Fadli looks on. Twitter
  • The total cost of the 72 projects is said to be more than SAR15 billion ($4 billion)
  • They are said to spread across several sectors, including water and the environment

Prince Khaled Al-Faisal, the governor of Makkar, on Sunday launched several projects in the region.

The total cost of the projects is said to be more than SAR15 billion ($4 billion), local reports have said.

The total number of projects is 72. They are said to spread across several sectors, including water and the environment.

Saudi Minister of Environment, Water, and Agriculture Abdul Rahman Al-Fadli attended the event.

The new initiatives are expected to support environmental and water sustainability in accordance with the objectives of the country’s Vision 2030 reform plan.

The projects include developing water resources, desalinated water transmission, production and storage of desalinated water, and environmental services, said the local reports.

The new projects, which aim at sustainability, come a day after the agriculture minister announced that Saudi Arabia has enough food stocks to not worry about the Russian invasion of Ukraine and the resulting in disruption of food supply.