A royal decree calls for the Ministry of Municipal and Rural Affairs to turn over municipal land to the Ministry of Housing which will develop infrastructure such as roads on the properties before distributing them to citizens.
The streets of the Saudi Arabian capital Riyadh were inundated with water after a rare rainstorm dumped two hours of rain onto the desert city, leaving at least four dead, many more missing, and millions in damage.
The Council of Saudi Chambers of Commerce and Industry will host a new conference, the Private Sector in the Middle East (PSMEC) in Riyadh on Tuesday, December 3rd, 2013.
Pending approval from the Council of Ministers, Saudi Arabia could soon join its GCC neighbors in establishing a Friday-Saturday weekend. Oman will officially shift its weekend beginning this May leaving only Saudi Arabia to make the transition.
Mohammed al Mady said that it “plans to invest in companies in the U.S and elsewhere that have technology to turn shale gas into chemical products,” according to Bloomberg.
