Mawani backs Jubail Commercial Port upgrade-
Arabian Chemical Terminals will build storage facilities for the handling and export of chemicals and petrochemicals at the Jubail Commercial Port, after securing a land lease contract worth over SAR 500 mn from the Saudi Ports Authority (Mawani). The development will take place on a 49k sqm plot and will deliver 70k cubic meters in total storage capacity, Mawani said in a statement yesterday.
The project will serve as a gateway for Saudi exports and imports to global markets, supporting King Abdulaziz Port in Dammam.
Riyadh doubles down on road expansion-
Riyadh pressing ahead with phase three of road expansion project: The Royal Commission for Riyadh City (RCRC) has announced the third phase of the Ring Roads and Main Roads Development Program at a budget of SAR 8 bn. The third phase is scheduled for completion in three to four years and involves six projects covering around 60 km.