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FinancialNews
14-02-19
KSA begins development plans at USD88.8b
(MENAFN) Saudi Arabia announced the commencement of USD88.8 billion worth of initiatives on development in the capital of Riyadh.
Al Arabiya explained in a report the purpose of the projects to be boosting the lifestyle of people living in the capital, including the quality of their education.
Based on the report issued on Wednesday, Saudi Arabia launched 2,830 projects and already concluded 931 of them.
It further added that the plans come as part of economic reforms the Kingdom launched over the years in order to steer clear of oil dependence.
MENAFN1402201900450000ID1098117435
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