On the heels of last month’s viral photograph of the World’s Tallest Mountain, it looks like a similar project was done on top of Dubai's impressive Burj Khalifa tower, currently the world's tallest building.

Steel producers in Saudi Arabia are set for a busy few years, with growth in the industry driven by rising demand due to state-backed investments and increasing activity in the private sector.

adwa Investment’s recently released Saudi Charbook for the month of September 2012 found that the Saudi economic activity in July experienced a “modest slowdown of economic activity…with indicators of consumer spending and PMI slowing on the back of a seasonal trend.”

Railways have never been the preferred mode of transportation in the Gulf, neither for passengers nor for goods, for geographic reasons and, mostly, due to the affordable prices of fuel for road transportation.

The Saudi construction sector will further gather steam in the second half of 2012, the National Commercial Bank “Construction Contracts Index” for the second quarter of this year released Saturday indicated.

Saudi Arabia is spending more than $60 billion on a logistics hub, airport improvement and roads to reduce travel time in the Arab world’s biggest economy.

In 2010, the Government approved a five-year SAR 1.44 trillion (USD384 bn) development plan to develop human resources, education, housing and transportation infrastructure as the kingdom seeks faster economic growth, continued diversification of its economy away from hydrocarbons, and to create jobs