{"id":102284,"date":"2025-11-10T00:00:00","date_gmt":"2025-11-10T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/11\/10\/dammam-global-citys-first-phase-to-take-off-by-late-november\/"},"modified":"2025-11-10T00:00:00","modified_gmt":"2025-11-10T00:00:00","slug":"dammam-global-citys-first-phase-to-take-off-by-late-november","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/11\/10\/dammam-global-citys-first-phase-to-take-off-by-late-november\/","title":{"rendered":"Dammam Global City\u2019s first phase to take off by late November"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, ladies and gents<\/strong>. We have a brisk issue for you this morning, led by Mabanee expanding financing for the Avenues Riyadh project to SAR 11.4 bn. Meanwhile, the upcoming visit by Crown Prince Mohammed bin Salman to Washington is set to see Riyadh push for a defense pact \u2014 and against closer ties with Israel.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">BUT FIRST- Introducing EnterpriseAM MENA &lt;&gt; India, our new briefing, published every Monday, Wednesday, and Friday, to track the transactions, trends, and market moves connecting these two dynamic regions. The flow of capital, talent, and trade between MENA and the Indian subcontinent is one of the most important economic stories in the world. And we\u2019re telling it the way only we can.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The very first edition will be sent out today at <\/strong><strong>8am KSA time<\/strong><strong> \/ 9am UAE time. <\/strong>If you\u2019re investing, trading, or scouting for your next big move in MENA or India, subscribe to EnterpriseAM MENA &lt;&gt; India by tapping <strong><a target=\"_blank\" href=\"https:\/\/sub.ent.news\/mena-india\" style=\"\" rel=\"noopener\">here<\/a><\/strong> to get the strategic intelligence you need.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a href=\"https:\/\/sub.ent.news\/mena-india\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/ads\/imgs\/412.jpg?ssl=1\"><\/a> <\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p class=\"tag-border-left\">HAPPENING TODAY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WEATHER-<\/strong> <strong>Misty skies are expected along parts of the Eastern Region and Dammam <\/strong><strong>today<\/strong>, with patches of dense fog reducing visibility at times, while light rain is expected to fall over Makkah, Al Baha, and Asir. The rest of the Kingdom is to have clearer skies. <\/p>\n<ul>\n<li><strong>Riyadh: <\/strong>29\u00b0C high \/ 14\u00b0C low.<\/li>\n<li><strong>Jeddah:<\/strong> 35\u00b0C high \/ 25\u00b0C low.<\/li>\n<li><strong>Makkah:<\/strong> 35\u00b0C high \/ 23\u00b0C low.<\/li>\n<li><strong>Dammam:<\/strong> 31\u00b0C high \/ 16\u00b0C low.<\/li>\n<\/ul>\n<p class=\"tag-border-left\">PSA- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Title deed<\/strong><strong> registration for 47.3k properties in Riyadh, Al Qassim, and the Eastern <\/strong><strong>Province kicks off today and runs until 12 February 2026<\/strong>, state news agency <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/N2439335\" style=\"\" rel=\"noopener\">SPA<\/a> reported yesterday. Owners can register through the <a target=\"_blank\" href=\"https:\/\/rer.sa\/en\/\" style=\"\" rel=\"noopener\">Real Estate Registry platform<\/a> or at service centers.<\/p>\n<p class=\"tag-border-left\"> WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a> The Eastern Province Mayoralty will launch the first phase of the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/ac933b98-3a4e-43b6-a24f-8a4b0125f6b8\/eastern-province-partners-with-thai-investors-for-a%253cmark%253e-global-city%253c%2Fmark%253e-in-dammam\" style=\"\" rel=\"noopener\">Dammam Global City<\/a><\/strong> <strong> project by the end of the month<\/strong>, <a target=\"_blank\" href=\"https:\/\/saudigazette.com.sa\/article\/656309\/SAUDI-ARABIA\/Dammam-Global-City-to-open-late-in-November\" style=\"\" rel=\"noopener\">Saudi Gazette<\/a> reported last week. This initial phase involves a SAR 200 mn investment of the project\u2019s total SAR 600 mn, said Faisal Al Zahrani, a spokesman of the mayoralty.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Project details: <\/strong>Spanning 600k sqm between Dammam and Qatif, the global village developed in partnership with unnamed Thai investors will feature 16 country-themed pavilions, a 240k-sqm artificial lake with a floating restaurant, a 10k-seat open-air amphitheater, a 17k-sqm amusement park, and an outdoor skating rink.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This is set to be one of two global villages in the Kingdom<\/strong>, along with the 2 mn sqm Expo 2030 site \u2014 located around Wadi Al Sulai, north of Riyadh \u2014 which <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/0211244d-5854-47e5-b8fc-fd662cf69c13\/riyadh-is-officially-the-host-of-expo-2030,-gearing-up-for-big-spending#:~:text=to%20key%20hubs.-,Following%20the%20Expo%2C,-the%20host%20site\" style=\"\" rel=\"noopener\">will be transformed<\/a> into a global village when the event wraps up.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a> <\/strong><strong>The K<\/strong><strong>ingdom aims to increas emid- and upper-mid-range hotel keys for Hajj and Umrah <\/strong><strong>performers<\/strong>, Tourism Minister Ahmed Al Khateeb told <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/after-luxury-push-saudi-arabia-targets-broader-tourist-market-minister-says-2025-11-08\/\" style=\"\" rel=\"noopener\">Reuters<\/a> on the sidelines of the annually-held <a target=\"_blank\" href=\"https:\/\/www.untourism.int\/unwto-general-assembly\" style=\"\" rel=\"noopener\">UN Tourism General Assembly<\/a>, hosted by Riyadh for the first time. \u201cWe started with building luxury destinations for luxury travellers. And we have already started building destinations for the middle class and upper middle class,\u201d Al Khateeb said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi plans to double the Two Holy Mosques visitors to 30 mn<\/strong>, amid wider plans to attract 150 mn visitors annually by 2030, with at least 50 mn from abroad. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- <\/strong>Ten new resorts are set to open in the upcoming months on the PIF-owned Red Sea Global\u2019s <a target=\"_blank\" href=\"https:\/\/www.redseaglobal.com\/en\/our-destinations\/the-red-sea\/sheybarah-island\/\" style=\"\" rel=\"noopener\">Sheybarah Island<\/a>, offering a \u201cmuch lower price point\" than other resorts, Al Kateeb added.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a> <\/strong><strong>The Gen<\/strong><strong>eral Directorate of Passports (Jawazat) will soon launch a digital self-deportation <\/strong><strong>platform for illegal residents<\/strong>, <a target=\"_blank\" href=\"https:\/\/saudigazette.com.sa\/article\/656337\/SAUDI-ARABIA\/Saudi-Arabia-to-launch-digital-platform-for-deportation-of-illegals-and-smart-track-to-streamline-travel-procedures\" style=\"\" rel=\"noopener\">Saudi Gazette<\/a> reported, citing Acting Director General Major General Saleh Al Murabba as saying during the Digital Government Forum. Jawazat will also introduce a smart tracking system for travelers to get their identities verified via smart cameras, with up to 35 identities verified simultaneously.<\/p>\n<p class=\"tag-border-left\">SPORTS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Kazakhstan\u2019s Elena Rybakina stole the spotlight at the WTA Finals in Riyadh<\/strong>, cruising past Belarus\u2019s Aryna Sabalenka in straight sets to <a target=\"_blank\" href=\"https:\/\/www.wtatennis.com\/news\/4398596\/even-in-defeat-aryna-sabalenka-leaves-riyadh-as-the-years-constant\" style=\"\" rel=\"noopener\">claim the singles crown<\/a>. Belgian Elise Mertens and Russian Veronika Kudermetova took the doubles trophy after a clean sweep over Brazil\u2019s Luisa Stefani and Hungary\u2019s T\u00edmea Babos. <\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"ksa\/en\/user\/NewsLetters\" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>***<\/strong><strong>You\u2019re reading EnterpriseAM Saudi<\/strong>, your essential daily roundup of business, economics, and must-read news about Saudi, delivered straight to your inbox. We\u2019re out Sunday through Thursday by 7am Riyadh time.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EnterpriseAM Saudi is available without charge <\/strong>thanks to the generous support of our friends at Tas\u2019heel and Hassan Allam Properties.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to send us a story idea<\/strong>, request coverage, ask for a correction, or otherwise get in touch? Reach out to us on <a target=\"_blank\" href=\"mailto:climate@enterprisemea.com\" style=\"\" rel=\"noopener\">saudi@enterpriseAM.com<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU KNOW <\/strong>that we also cover <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\" style=\"\" rel=\"noopener\">Egypt<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\" rel=\"noopener\">the UAE<\/a>, and the MENA <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\" style=\"\" rel=\"noopener\">logistics<\/a> industry?<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Were you forwarded this email? <\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Tap or click here<\/a> to get your own copy of EnterpriseAM Saudi delivered every weekday.<br \/><strong>***<\/strong><\/p>\n<p class=\"tag-border-left\">THE BIG STORY ABROAD- <\/p>\n<p style=\"padding: 0px; margin-right: 0px; margin-left: 0px; line-height: 1.15;\"><b>The US Senate voted to end the 40-day government shutdown<\/b>, after a group of Senate Democrats supported an agreement to fund some departments and agencies until 30 January, passing the Senate in a 60 to 40 vote. The amended federal funding package will have to go through the House of Representatives and land on President Trump's desk before the shutdown can officially end, which could take several days.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"background-color: transparent;\"><b>The longest shutdown on record heavily weighed down on the US economy<\/b>, putting federal workers on leave, delaying food aid and slashing airport trips, while also delaying the release of key economic figures on employment, inflation and oil trading.<\/span><span style=\"background-color: transparent;\">&nbsp;(<\/span><a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/11\/09\/government-shutdown-senate-democrats.html\" rel=\"noopener\">CNBC<\/a><span style=\"background-color: transparent;\"> | <\/span><a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/politics\/2025\/11\/09\/shutdown-senate-proposal\/\" rel=\"noopener\">Washington Post<\/a><span style=\"background-color: transparent;\"> | <\/span><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/healthcare-pharmaceuticals\/trump-takes-aim-obamacare-historic-federal-shutdown-hits-40th-day-2025-11-09\/\" rel=\"noopener\">Reuters<\/a><span style=\"background-color: transparent;\"> | <\/span><a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/66869481-4189-438b-9c16-94560861c08f\" rel=\"noopener\">Financial Times<\/a><span style=\"background-color: transparent;\">)<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- Head of the BBC and its top news executive both resigned yesterday<\/strong>, following criticism of the broadcaster\u2019s editing of a speech by President Trump on 6 January 2021. (<a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/bbc-director-resigns-trump-speech-editing-3aab83138d58c92db1bb00e77e568876\" style=\"\" rel=\"noopener\">Associated Press<\/a>)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PLUS: The Kingdom aims to increase mid- and upper-mid-range hotel keys for pilgrims<\/p>\n","protected":false},"author":1,"featured_media":102285,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2540],"tags":[4643,10,9],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-102284","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-dammam-global-city","tag-enterpriseam-ksa","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"c711c9ce-2ea4-491a-aee0-0f09d0bd5dd7","order":"2","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2025\/7\/1838.jpg","photo_position":"above","homepage_title":"","full_issue_title":"THIS MORNING: Dammam Global City\u2019s first phase to take off by late November","related_issue":[102282],"teaser":"PLUS: The Kingdom aims to increase mid- and upper-mid-range hotel keys for pilgrims","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.986715dc-cccd-4903-b78f-8d2e395c0f45.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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