GlobalData shares its forecasts for construction industries across the world in the midst of the coronavirus pandemic.
The revised and further-cut construction output growth forecast for the Middle East and North Africa (MENA) region for the year 2020 is -1.1%, down from the previous projection of -0.8% (as of mid-April) and 4.6% (Q4 2019 update) due to the soaring COVID-19 cases in the region, and the subsequent curfews and lockdown measures, according to GlobalData, a leading data and analytics company.
Yasmine Ghozzi, Economist at GlobalData, says: “The slump in oil prices will dent the sector’s growth. GlobalData expects cutbacks in spending and, in particular, cuts to capital spending on infrastructure, especially for oil and gas dependent countries given that investment plans were set on assumptions for oil at US$50 – US$80 per barrel. The IMF currently predicts that GDP growth in the MENA region will fall to – 3.3% in 2020 because of its exposure to lower oil prices and the extensive disruption in travel and tourism.”
Governments across the MENA region offered direct support to boost activity in construction and infrastructure. In the case of Egypt, for example, the government guided construction companies operating in public projects are set to resume work in full capacity by early April, following a period of two weeks of reduced business.
For Saudi Arabia, the biggest construction market in the region, the country’s finance minister announced plans to make deep cuts to public spending, so any further stimulus to the construction sector would rely on the amount of reserves the government is willing to draw upon, given the limit that lower oil prices have put on government revenues.
It remains to be seen whether governments in the region will lend direct support to companies facing acute financial pressure in the sector.
Ghozzi concludes: “In addition, construction, real estate, and oil and gas sectors are among the most exposed to the business risks created by COVID-19. Force majeure clauses in contracts are being more widely used by firms needing to scale back or rearrange their business plans amid the pandemic. The issue came under the spotlight when the Iraqi government announced the pandemic as an event of force majeure for all projects and contracts. Although construction sites are generally exempted from the lockdowns imposed in many countries in the MENA region, there is an expectation that legal claims, especially from contractors, will be filed citing the crisis as a justifiable reason for failure to deliver work on time.”
An article by Engidashet Bunare & Shiferaw Lulu dated May 19, 2020, carrying a title such as The Crocodile Tear of Egypt and The Grand Ethiopian Renaissance Dam (GERD) should be taken seriously for it is a point of view of an adjoining neighbour to one of the most prominent countries south of the MENA region. We all know that Egypt’s options were not that clear at the Nile talks some time ago. The first three sections are republished here for their obvious content.
The media and Egyptian professionals are trying to influence with one sided view and deceive the international community. The purpose of the propaganda and lies that are taking place internationally by the Egyptian politicians and professionals is to mislead the international community and countries about the GERD for getting biased support and to pressurize Ethiopia to sign an agreement that only satisfies Egypt’s interest at the expense of over 100 million people of Ethiopia. In addition Egypt is trying to use the GERD issue to shadow and divert political and diplomatic efforts from the CFA (Cooperative Framework Agreement) that requests reasonable and equitable share of the Nile water among the basin states.
In addition to its hoodwink, Egypt has been and is supporting political opponents, religious radicals and ethnic radicals to destabilize upstream countries in order not to have peace in their countries to develop their nation, which inevitably consider using of their water.
It has to be clear that the population of the basin countries is increasing and the demand for water supply, irrigation and power generation will definitely amplify. Whatever lies and deceptions are implemented, no one can stop the people and the countries that originate the Nile water from using the water from their backyard. It has to be clear that these countries will not continue under poverty and see their people starve while Egypt is enjoying prosperity.
We Ethiopians need to bring the facts to the light and try to stop Egyptian professionals, scientists, journalists and politicians from deceiving the international community.
II. The Nile Water and the GERD
It has to be clear to all the international community and the Ethiopians at large that there is no any significant contribution to the Nile water either from Egypt or the Sudan. However, these two countries have shared 100% of the water among themselves. Ethiopia is contributing 84.1% of the Nile water and has zero shares and the rest of the countries contribute 15.9% and have zero shares from the Nile water.
Egypt wants to keep this unreasonable share of water and keep the upstream countries to support Egypt’s prosperity, while living in poverty. Egypt has been using the World Bank and the other developed nations not to provide loans or grants towards development of the water from the Nile basin. As a result of this, the upstream countries obliged to live under poverty and famine.
Ethiopia contributes 84.1 % percent of the waters for the Nile river system (94.5 Bm3). The Blue Nile 57.1 % percent (54 Bm3), Baro-Akobo (Sobat) 14.3 % percent (13.5 Bm3), Tekezze (Atbara) 12.7 % percent (12 Bm3) – while the contribution from the Equatorial Lakes region is only 15.9 % percent (15 Bm3), but contribution from Ethiopia other than Blue Nile is a total of 27 % percent from Baro-Akobo (Sobat) 14.3 % and Tekezze (Atbara) 12.7 % respectively which is almost double of the contribution from White Nile or the Equatorial Lakes region.
The main water resources problem in Ethiopia is that the major rivers of the country have trans-boundary nature. 70% of Ethiopia’s water resources that are contributing to the 84.1% of the Nile River flow are found in the three sub-basins of the Ethiopian side of the Nile Basin namely; Abay (Blue Nile), Tekeze- Mereb and Baro-Akobo and whereas the population is no more than 40 percent of the country. On the other hand, the water resource available in the east and central river basins is only 30 percent whereas the population in these basins is over 60 percent.
Out of the total 84.1% Nile water contribution of Ethiopia, the GERD is being constructed on Blue Nile (Abbay) river which is contributing 57.1% of the Nile River flow. This Abbay River Basin covers 44% of the surface water source and 26% of the population of Ethiopia.
According to the 1959 agreement between Sudan and Egypt, the Nile water is divided as follows: 55.5 billion cubic meters to Egypt, 18.5 billion cubic meters to Sudan, and 10 billion cubic meters to account for evaporation and seepage. The Al-Jazeera documentary (The GERD, under the title “How big is Ethiopia’s new dam”?) clearly showed that based on the Colonial treaties the Nile’s water shared by Egypt 66%, by Sudan 22%, by Ethiopia 0%, and 12% lost to evaporation. We would like to make clear that the volume of High Aswan Dam 162 billion m3 is more than double of the GERD volume of 75 billion m3. Toshka and El-Salam huge projects of Egypt that have significant effect on the water rights of the upstream countries have estimated investment of about 100 Billion USD in 2017 which is about 20 times the estimated construction cost of the GERD. It has to be noted that Egypt has not consulted any of the upstream countries while developing these projects. In addition to the Nile water, Egypt has groundwater resources in the Nile Valley and Delta, the western desert, and Sinai. The largest groundwater deposit is the giant Nubian sandstone aquifer underneath the eastern part of the African Sahara, which is shared between Egypt and four other countries. It contains over 200,000 billion m3 of non- renewable water in total that can serve for thousands of years. The aquifer underlying the Nile Valley and Delta has a total capacity of 500 billion m3 (200 and 300 billion m3 respectively). Egypt has to learn a lesson from “The Libyan Great Man-made River (GMMR) Project, eighth wonder of the world” embarked by Muammar Qadhafi in 1983” which supplies 6,500,000 m3 of freshwater per day to the cities of Tripoli, Benghazi, Sirte and others.
In addition, Egypt because of its unique location has sea outlet both on Mediterranean and the Red-Sea that makes desalinated water available both from the east and north of Egypt. Egypt is well aware of the recent technological advances that have significantly decreased the production costs of desalinated water.
The GERD is located in Ethiopia; on the Blue Nile River about 20 Km upstream from the Ethiopia-Sudan Border. The GERD is for hydropower which is non-consumptive use and does not stop the flow of the river. The Dam is currently under construction; where totally about 73 % of the project both civil and electro- mechanical work is completed. The GERD has two power plants with capacities of 3750 MW and 2250 MW or total installed capacity of 6000 MW that could generate average energy of 15,692 GWh per year.
GERD is an additional storage dam both for Egypt and Sudan, and also that save water that is lost by evaporation in the desert from Aswan High Dam and the reservoirs in Sudan. It also serves as a silt trap for the dams in Sudan and Egypt. The GERD specifically saves Sudan from the annual flooding of thousands of irrigable area and help to reclaim its irrigable lands that optimize irrigation in Sudan. The GERD also helps to increase the rainfall in the Ethiopian highland as a result of the evaporation from the reservoir that will contribute to the Nile flow. Based on these facts, to build a dam on the Blue Nile in Ethiopia is not a new issue at all. It was already considered as an option in the 19th century by the British, mainly because of the lower levels of evaporation, sediment control, and regulated flow.
It is clear that GERD has no significant effect as compared to its remarkable benefits both for Egypt and Sudan. It has to be clear that the GERD is being constructed under zero percent water share of Ethiopia. Now what Ethiopia should negotiate is not about the GERD, it has to raise the issue of sharing the Nile water equitably among all the basin states.
III. Cooperation Efforts of the Basin Countries on Equitable Use of Nile Water
Based on the initiative of Ethiopia, a series of the ‘Nile 2002 conferences’ that started in 1993 continued up to 2002. This cooperation effort paved the way for the Nile Basin Initiative (NBI) established in 1999. A Shared Vision Programme (SVP) supported cooperation through promoting collaborative action, and trust intended to build a strong foundation for regional cooperation, of which the goal was the creation of an enabling environment for investments and action on the ground (NBI, 1999).
The NBI established a secretariat in Uganda and two subsidiary action programmes (SAPs) in the Eastern Nile (based in Addis Ababa) ENSAP (The Eastern Nile Subsidiary Action Program) currently includes Egypt, Ethiopia, and Sudan and the Nile Equatorial Lakes region (in Kigali). NELSAP (The Nile Equatorial Lakes Subsidiary Action Program): The Nile Equatorial Lakes region includes the six countries in the southern portion of the Nile Basin: Burundi, Democratic Republic of Congo, Kenya, Rwanda, Tanzania and Uganda, as well as the downstream riparian states Egypt and Sudan.
The Nile Basin Initiative (NBI) 1995-2011 resulted in the development of the Cooperative Framework (CFA) and the establishment of the UNDP D3 project which started the negotiations for a River Nile Cooperative Framework Agreement in 1997; The D3 project had main activities of which was major for the development of the Cooperative framework agreement (CFA). Accordingly, the Panel of Experts (POE) formulated cooperative framework and approved by Council of Ministers (COM). The CFA (2009) adopts the seven most relevant factors for determining equitable and reasonable utilization from Article 6(1) of the 1997 United Nations Watercourses Convention.
The Nile-COM with the exception of Egypt and Sudan absent, agreed and resolved that the CFA is a clean text ready for presentation to the riparian states for signature.
The CFA signing / “Entebbe Agreement”:- Ethiopia, Rwanda, Tanzania and Uganda signed the Entebbe Agreement on the day it was opened for signature on the May 14, 2010. Kenya signed on the May 19, 2010; Burundi signed on the February 28, 2011. After signing the Entebbe Agreement the four countries Ethiopia; Rwanda; Tanzania and Uganda have ratified the agreement.
Egypt has become stumbling block not to sign the CFA and yet without reached agreement on water allocation, it considers any reduction of the Nile water quantity level as a national security issue. Egypt did not want to sign the CFA which would have been a spring board for all basin states to reach to an agreement on how to share and manage the Nile water. It has to be clear that Egypt’s rigid position will let the Nile basin state countries to take their own unilateral action, which will ultimately be a nightmare for Egypt.
After four years Egypt’s position not to sign the CFA and the tensions between Cairo and Addis Ababa over the GERD project, the three Eastern Nile countries acceded to a Declaration of Principles on 6 March 2015 that lead them to agree on the guidelines of the filling and operation of the GERD. “Ethiopia as the owner of the GERD will commence first filling of the GERD in parallel with the construction of the Dam in accordance with the principles of equitable and reasonable utilization and the causing of no significant harm as provided on the Declaration of Principles (DoP).” In spite of the deception of Egypt, that is what Ethiopia is doing currently- “first filling of the GERD in parallel with the construction of the Dam”. Basically Egypt’s treachery is to use the DoP as scapegoat to gain time Ethiopia not to capitalize on the CFA and its diplomatic efforts to bring back Egypt and Sudan to the table of negotiation to sign the CFA.
ZAWYA‘s INVESTMENT on 13 May, 2020 reports that Egypt presses on with new capital in the desert amid virus outbreak. Officials see mega-projects as key source of jobs .
By Aidan Lewis and Mahmoud Mourad, Reuters News
CAIRO- While Egypt’s economy has stumbled due to the coronavirus outbreak, construction at a new capital taking shape east of Cairo is continuing at full throttle after a short pause to adjust working practices, officials say.
The level of activity at the desert site – where trucks rumble down newly built roads and cranes swing over unfinished apartment blocks – reflects the new city’s political importance even as the government grapples with the pandemic.
Known as the New Administrative Capital, it is the biggest of a series of mega-projects championed by President Abdel Fattah al-Sisi as a source of growth and jobs.
Soon after coronavirus began to spread, Sisi postponed moving the first civil servants to the new city and moved back the opening of a national museum adjoining the pyramids to next year.
Productivity dipped as companies adapted to health guidelines and some labourers stayed home.
But officials have sought to keep the mega-projects going to protect jobs, and after 10 days of slowdown construction had fully resumed at the new capital with a shift system, said Amr Khattab, spokesman for the Housing Ministry, which along with the military owns the company building the city.
“The proportion of the labour force that is present on site doesn’t exceed 70%, so that the workers don’t get too close,” he said as he showed off the R5 neighbourhood, which includes about 24,000 housing units. “We work less intensively, but we do two shifts.”
Sisi, who publicly quizzes officials responsible for infrastructure projects about timetables and costs, launched the new capital in 2015.
Designed as a high-tech smart city that will house 6.5 million people and relieve congestion in Cairo, it includes government and business districts, a giant park, and a diplomatic quarter as yet unbuilt.
One senior official said last year the cost of the whole project was about $58 billion. While some Egyptians see the new capital as a source of pride, others see it as extravagant and built to benefit a cocooned elite.
‘RUNNING ON TIME’
“We have clear instructions from his excellency the president that the postponement of the opening is not a delay to the project,” said Khattab. “The project is running on time.”
Disinfection and other protective measures were visible at the construction site 45km (30 miles) east of the Nile, though some workers were only ordered to don masks when journalists started filming and others drove by crammed into a minibus. Egypt has confirmed more than 10,000 coronavirus cases, but none at the new capital.
Delays in payments to contractors and to imported supplies were additional risks, said Shams Eldin Youssef, a member of Egypt’s union for construction contractors. Khattab said the government had contractors’ payments in hand.
The Housing Ministry expects to deliver two residential districts by late 2021, while the business district should be finished by early 2022, said Ahmed al-Araby, deputy head of the new capital’s development authority. Private developers and the army are building six other neighbourhoods.
In the government district, which Khattab said was 90% complete, ministry buildings fronted with vertical strips of white stone and darkened glass lead to an open area being planted with palm trees and mini obelisks in front of a domed parliament building.
To one side a large, low-rise presidential palace is under construction.
Sisi has urged people seeking work to head to new cities being built around the country, including the new capital, which Khattab said employs some 250,000 workers.
Critics have questioned the diversion of resources away from existing cities, including Cairo, parts of which are in slow decay.
“The question about how rational this is – whether it makes sense economically, whether it is doable, whether it’s the best course of action – this question is not even asked,” Ezzedine Fishere, an Egyptian writer and senior lecturer at Dartmouth College in the United States, said by phone.
On the other side of Cairo at the new museum next to the Giza pyramids, work has also been continuing at a slower pace.
In mid-April staffing levels sank to about 40%, with plans to recover gradually to 100%, said General Atef Muftah, who oversees the project.
The Saudi government’s drive to increase home ownership for nationals continued to gather momentum in the first quarter of this year, according to JLL, a specialist in real estate and investment management. This is what is reported by TradeArabia as Riyadh, Jeddah record delivery of over 9,000 homes in Q1. One cannot help but wonder if it is Saudi Arabia’s Vision 2030 that wants to break its “addiction” to oil . . . or something else?
With the kingdom’s leadership working on its ambitious plan to boost home ownership to 60 per cent by the year-end, the delivery of residential units for Saudi nationals in Riyadh and Jeddah remained active during the opening quarter.
The Sakani program is being delivered under Vision 2030 and was launched to provide more than 500,000 residential units across the kingdom, costing an estimated SR500 billion.
The aim is to achieve 70 percent home ownership for Saudi nationals by the end of the decade, said the JLL in its Q1 2020 KSA Real Estate Market Performance report.
In Riyadh, a total of 7,500 units had been delivered in the first three months, while in Jeddah, the number had reached 1,800, it added.
“In the short-to-mid term, demand remains supported by the Sakani program and the various mortgage products launched over the past couple of years,” remarked Dana Salbak, the head of research for MENA region at JLL.
“However, in light of the current conditions and with no specific stimulus package in support of the residential market, we can expect somewhat of a slowdown in demand over the coming period,” noted Sablak.
Meanwhile, in the office sector, the drop in oil prices combined with shifts in the work environment towards remote working practices has resulted in a slowdown in demand for office space.
According to JLL, this has reflected on the performance of office spaces in Riyadh and Jeddah, resulting in declines of between four – six percent across both Grade A and Grade B spaces.
The retail sector in the kingdom has enjoyed an improved performance over the past year, however, it is expected to see a prolonged period of lower consumer appetite due to the current global pandemic.
By contrast, demand for retail-driven warehousing will be active as restrictions on movement and trade have led to a shift in consumer behaviour, with online shopping (e-commerce) becoming more popular, it stated.
“This aligns with some of the strategic goals of Vision 2030, which aims to increase the proportion of online payments from a target of 28 per cent this year, to 70 per cent by 2030,” said Salbak.
As with other markets around the world, the hospitality industry in Saudi Arabia kicked off the year strongly, with occupancy rates in Riyadh and Jeddah, registering improvements in the year-to-February 2020 when compared to the same period last year, recording 74% and 58% respectively.
However the period which followed, saw hotel performance levels decline as travel restrictions took effect, pointed out Sablak.
With the suspension of the Umrah season and uncertainty around the Hajj pilgrimage, which begins in late July, the performance of the tourism and hospitality market in the kingdom is likely to remain sluggish for the remainder of this year, particularly in Jeddah, which is considered a transit city for pilgrimages to Makkah and Madinah. he added.-TradeArabia News Service
Construction is the well-known process for men of building houses with some unskilled labours. Thank you for reading the misconcepted sentence. Yes, It’s often seen with an eye of simplicity and frivolous job, which isn’t. We are in much of society’s mindset that a myth is more nurtured than a fact.
Call me old fashioned, but I believe there’s something to be said for doing good, honest work. Construction is sort of the unsung hero of our culture; vital to our infrastructure. Skilled tradesmen build the places we work in, the homes we live and play in, the roads we commute on, and more. Economy’s strength is tightly linked to the construction industry keeping country to move forward. A construction site is moreover different from a person sitting in front of laptop obeying a 9 to 5 cubicle job; it’s an area of daily new challenges to pass on to the next level. It requires a diversity of skills employing everyone deserving to choose as a career.
This is a technical journey of any structure or thoughts right from the foundation to finishing and external works. In building construction, we study how the civil works are carried out in the field after they have been planned by an architect and structurally designed by an engineer. A toddler whenever points his finger towards the swinging tower crane enjoying like the dance of a robot, it’s the duty of the project team to work successfully building block by block over heights.
As we are talking about the heights, so let me take you to the most heighted man-made structure! No required nominees, it’s Burj Khalifa, Dubai (or you can even argue with one of the most famous buildings because 830 metres is really a good number).
Heard about World One? A structure finding it’s place to be the tallest residential skyscraper, yet under construction of Lodha group, Mumbai.
I’ve my stomach full with all these heights as you will mostly get in my next blog; until then let’s see some amazing constructions. The great man-made river project in Libya has listed as the biggest irrigation project in the world. Underneath of the Sahara Desert, it consists of 2800 pipes carrying 6.5 million cubic metres of freshwater every day.
The most beautiful building in Jakarta, Regatta Hotel complex was designed by Atelier Enam. The project’s centrepiece is the aerodynamic hotel itself that overlooks the Java sea. Now wondered that struggle to be in top 10 beautiful buildings!
But, who knew that continuous endless building of structures would permit to cease for a no while. Because of the nature of his projects, all industries and companies are surged down to a force majeure. The workers are avoiding the work at construction sites due to fear of coronavirus infection. Threatening situations are discovered due to this pandemic endangering future of the construction world.
People are particularly trying to reach out finding alternatives as I mentioned in my previous blog (A virus outside the computer). Also, many cities have adopted a definition of essential construction that allows any work necessary to build, operate, maintain or manufacture essential infrastructure without limitation construction or the constructions required in response to this public health emergency, hospital constructions, etc.
According to the industry body, there are around 20,000 ongoing projects across the country and construction work is being undertaken in around 18,000 of them i.e. involvement of workforce of about 8.5 million in construction work alone! These numbers are breath-taking when health concerns. The scenario implies that the construction work will be slow, pushing costs upward given the interest and debt servicing needed for that extra period. Definitely it will have its own consequences but would be better far than doing nothing. Hoping the same as everyone to defeat this monster, hiding myself from the fact that I’m bored writing about it ; )
Once considered a farfetched possibility by skeptics, global warming and climate change are now surfacing as palpable realities of the day. From wildfires in Australia to melting glaciers in Iceland, the year 2020 bid farewell to the hottest ever decade recorded on the planet. Fortunately, though, measures are being taken across all industries to curb our modern world’s carbon footprint, and the case of building and construction sector is no different.
According to a recent UNEP-supported report titled 2019 Global Status Report for Buildings and Construction, construction sector in 2019 continued its notorious position as the largest contributor of greenhouse gas emissions, resulting in 39% of the energy and process-related carbon emissions recorded during the year. The report further states that whilst as many as 136 countries have expressed intentions to work towards sustainable buildings, only a few have elaborated on tangible actions strategized to achieve such plans.
The global building stock is forecasted to grow twofold by 2050 as a direct consequence of increasing urbanization. If left unchecked, GHG emissions resulting from the building industry can rise to 50% of the global carbon emissions in the next three decades. While technological innovations have given way to reduced energy consumption, increasing cooling demand emerging from hot regions have overshadowed a significant positive trajectory. That said, countries across the world are increasingly targeting the urban built environment as a part of their national strategy towards a low-carbon future.
Within the Middle East and North Africa (MENA) region, Qatar houses one of the highest collections of sustainable buildings. Concluding 2019, the country saw completion of more than 50 projects certified under the Global Sustainability Assessment System (GSAS) – MENA’s first performance-based assessment system for green buildings. Based on their overall sustainability credentials, projects registered under GSAS can achieve up to 5 Stars, representing the highest levels of sustainable features in terms of design and build. The award of final rating and certificates follows a comprehensive process whereby auditors from the Gulf Organisation for Research & Development (GORD) analyze several aspects of projects at multiple stages throughout the construction phase.
For the year 2019, here are some green projects successfully completed under GSAS.
During 2019, many recipients of outstanding sustainability ratings were linked with Qatar Rail’s Doha Metro project. With Mesheireb Station achieving the highest rating of 5 Stars, another 17 metro stations and 2 stabling yards at different locations within Doha received 4 Stars for their environmentally friendly design and build aspects. Doha Metro is by far the world’s first metro project with accredited sustainable certification specific to rating railway stations. This has been achieved through GSAS’ unique Railways Scheme that is used for rating the sustainability and ecological impacts of new main station buildings, including spaces that serve various functions of a metro station. According to Consolidated Contractors Company, sustainability of the project has been achieved through responsible site development, water saving, energy efficiency, materials selection, cultural and economic value support and innovation in design. Stations awarded GSAS accreditation during 2019 included those located in Msheireb Downtown, Ras Bu Abboud, Al Sadd, Al Sudan, Bin Mahmoud, Qatar University, Hamad International Airport Terminal 1, Al Doha Al Jadeda, Umm Ghuwailina, Ras Bu Fontas, Economic Zone, Al Wakrah, Al Bidda, Corniche, Hamad Hospital, Al Riffa, The White Palace and Education City.
Lusail City Projects:
A number of projects receiving green certifications during 2019 represented Lusail City – Qatar’s first smart city covering 38 square kilometers, that has mandated GSAS to ensure sustainability of all of its buildings. A flagship project of Qatari Diar, Lusail City has been dubbed as the “largest single sustainable development” ever undertaken in the State of Qatar. Use of native flora and water efficient landscaping mechanisms are some ways the city conserves water. Its integrated transport system reduces GHG emissions resulting from private vehicles. The city’s urban connectivity has been achieved through light rail, ample pedestrian walkways, bicycle tracks and park-and-ride facilities at the public transport stations. With a capacity to reduce up to 65 million tons of CO2 per annum, Lusail’s district cooling plant boasts of being one of the largest in the world. Other green credentials benefiting the entire city include a pneumatic waste collection system, sewage treatment plant and an interconnected natural gas network designed to cut down energy consumption.
Within Lusail, Marina Yacht Club Al Khaliji Tower received the highest sustainability rating of 4 Stars during 2019 followed by another 8 commercial, residential and mixed-use developments receiving 4, 3 and 2 stars. Once complete, the city will have the capacity to accommodate 200,000 residents, 170,000 employees and 80,000 visitors without significant impact on the environment.
Sustainable development is one of the four key pillars of Qatar National Vision 2030, a fact that has provided a natural impetus for public projects to be designed and constructed sustainably. Now, all government projects within Qatar are now mandated to pursue and achieve sustainability under GSAS certification system. To this end, health centers in Al Waab, Al Wajbah, Muaither and Qatar University were successfully completed with 3 Stars sustainability rating during 2019 under the supervision of Public Works Authority ‘Ashghal’. Interestingly, all projects undertaken by Ashghal have been designed and built following sustainability principles – a fact that has been reiterated by Ashghal’s President, Dr. Eng. Saad bin Ahmad Al Muhannadi, who recently emphasized that “Ashghal is implementing GSAS standards in all its public buildings in Qatar, specifically in educational and health buildings.” In the light of these comments, one can safely assume that the upcoming stock of health centers in Qatar will continue to have sustainability at the core of their design and construction.
Hamad Port Project Facilities:
Increasing Doha’s total port capacity, Hamad Port Project started operations in 2016. However, construction has been underway to develop new facilities aimed at enhancing the port’s functional efficiency. The year 2019 witnessed completion of multiple facilities inside the new port with sustainability certification. From accommodation and mosques to civil defense and business center buildings, 19 projects under the umbrella of Hamad Port received sustainability rating between 3 and 2 Stars. Development of the new port has followed comprehensive mechanisms aimed at preserving the environment. For instance, 39,117 mangroves, 14,252 sqm of sea grass and 11,595 hard corals were relocated prior to the construction phase. The relocated flora and fauna are being continuously monitored and have so far proven to be surviving.
Taking green sports infrastructure to another level, Al Janoub Stadium received GSAS 4 Stars during 2019, and rightly so. Soon to be a venue for FIFA 2022 World Cup games, the stadium consumes 30 percent less water in terms of international plumbing codes. More than 15% of its permanent building materials are made from recycled content and more than 85% of the waste generated during construction was processed to be reused or recycled, making it one of the most sustainable stadiums worldwide. Apart from Al Janoub, Qatar University’s Sports and Events Complex was another distinguishing project that received 4 Stars under GSAS Design & Build scheme.
Prior to the coronavirus (COVID-19) outbreak, leading data and analytics company GlobalData had predicted that there would be an acceleration in the pace of growth in the global construction industry, but given the severe disruption in China and other leading economies worldwide following the outbreak, the forecast for growth in 2020 has now been revised down to 0.5% (from 3.1 per cent previously).
The current forecast assumes that the outbreak is contained across all major markets by the end of the second quarter, following which, conditions would allow for a return to normalcy in terms of economic activity and freedom of movement in the second half of the year. However, there will be a lingering and potentially heavy impact on private investment owing to the financial toll that was inflicted upon businesses and investors across a wide range of sectors, stated the top analytics company in its ‘Global Construction Outlook to 2024 – COVID-19 Impact’ report.
While growth in 2021 will be marginally higher than previously expected owing to the projected rebound (and high year-on-year growth rate) in the first half of next year, in the event that the spread of the virus continues into the second half of 2020, further downward revisions to the growth outlook are likely, it added.
Danny Richards, the lead economist at GlobalData, said:
“With extreme quarantine measures including lockdowns of entire countries as well as international travel restrictions being imposed across many major economies, the supply shock is expected to dampen economic activity.”
“The direct impact on construction has been the halting of work with labour unable to get to sites or because of disruption in the delivery of key materials and equipment,” he noted.
“More generally, the construction industry will be heavily affected by the expected widespread disruption to economic activity and a likely drop in investment, with planned projects being delayed or cancelled,” he added.
GlobalData foresees particular struggles in the commercial and industrial sectors; businesses in these sectors are most at risk from the severe drop in economic activity, domestically and globally, and their immediate priorities will be on staying afloat and rebuilding their core operations, rather than expanding and investing in new premises or capacity.
The residential sector also will struggle as economic activity weakens and unemployment rises, despite low-interest rates and direct government support, revealed Richards. “There is a high risk that a considerable proportion of the early stage projects in these sectors will be cancelled or at least pushed back, with few new projects starting in the second quarter of 2020 as firms review their expansion plans,” he added.
According to Richards, the governments and public authorities would likely be aiming to advance spending on infrastructure projects as soon as normality returns so as to reinvigorate the industry.
“With interest rates falling to record lows, borrowing costs will be at a minimum, but the success of government efforts to spend heavily on infrastructure will be dependent in part on their current financial standing,” he explained.
“Moreover, with most governments prioritizing cash hand-outs, particularly to the economically weaker segment, their capability to invest in the infrastructure segment is likely to be constrained, especially in countries with high debts,” he added.
The recent pandemic is sparing no country around the world. It is confronted in a variety of ways that are fundamentally tied to each country’s specificities. Iran’s army sets up hospital in capital as virus toll climbs by Amir Vahdat and Joseph Krauss could be a solution that if generalised throughout could not only bring results. It could shorten the hardships of all current healthcare facilities efforts of the neighbouring countries.
TEHRAN, Iran (AP) — Iran announced another 144 deaths from the coronavirus on Friday and said thousands more were in critical condition as the military completed work on a 2,000-bed field hospital in an exhibition center in the capital.
In Yemen, meanwhile, the U.S. Agency for International Development began scaling back aid efforts in areas controlled by the Iran-backed Houthi rebels over their resistance to allowing measures that ensure aid goes to those who most need it. Yemen has yet to record any coronavirus cases, but an outbreak in the war-torn country could be catastrophic.
Iran’s military said the new facility, which includes three units and several isolation wards, was set up in just 48 hours. It will be used for patients who are recovering from the COVID-19 illness caused by the virus.
State TV on Thursday quoted Gen. Ali Jahanshahi as saying the hospital has been handed over to medical staff and will begin receiving patients next week.
Most people infected by the virus only experience mild symptoms, such as fever and cough, and recover within a few weeks. But the virus can cause severe illness and death, particularly in older patients or those with underlying health problems. It is highly contagious and can be spread by otherwise healthy people showing no visible symptoms.
The virus has infected more than half a million people worldwide and killed more than 24,000. More than 120,000 people have recovered, according to the Johns Hopkins University Center for Systems Science and Engineering.
Iran is battling the worst outbreak in the region. Health Ministry spokesman Kianoush Jahanpour announced the latest deaths on Friday, bringing the total number of fatalities to 2,378 amid 32,332 confirmed cases.
He said nearly all of the approximately 2,900 newly confirmed cases are in critical condition. More than 11,000 people have been released from hospitals, according to the ministry.
Authorities have urged people to stay home but have not imposed the sweeping lockdowns seen elsewhere in the region.
Iran has been under severe U.S. sanctions since President Donald Trump withdrew his country from Iran’s 2015 nuclear agreement with world powers. The U.S. has offered humanitarian aid to Iran but authorities have refused.
Lebanon, which has reported 391 infections and seven deaths, will impose a nighttime curfew starting Friday. The country of nearly 5 million has been under lockdown for two weeks, with only essential businesses allowed to remain open, a measure that will remain in place for at least another two weeks.
Israel, meanwhile, has seen a surge in infections in recent days. It has reported 3,035 cases and 10 fatalities, mainly older patients with pre-existing conditions. The Palestinian Authority, which governs parts of the Israeli-occupied West Bank, has reported 84 cases.
Authorities in the Gaza Strip, which has been under an Israeli and Egyptian blockade since the Hamas militant group seized power there in 2007, have reported nine cases.
Gaza’s health care infrastructure has been severely eroded by years of conflict and isolation. A major outbreak in the territory, which is home to more than 2 million Palestinians, could be extremely difficult to contain.
Another major areas of concern is Yemen, where the Houthis have been at war with a Saudi-led coalition for five years. The war has killed more than 100,000 people, displaced millions more and driven the Arab world’s poorest country to the brink of famine.
A USAID spokesperson said it was suspending nearly $73 million in aid “in the face of long-standing Houthi interference in humanitarian operations.” The Houthis control the capital, Sanaa, and much of northern Yemen, areas home to 70% of the country’s population.
The spokesperson said USAID will continue to provide life-saving assistance in areas at risk of famine. It will also support U.N. flights, water and sanitation programs which are essential to preventing the spread of the virus. It will also continue providing aid in southern Yemen.
The spokesperson spoke to The Associated Press on condition of anonymity in keeping with regulations.
The Houthis have long sought to divert aid to their fighters and supporters. Last year, the rebels blocked half of the U.N.’s aid programs and resisted efforts to expand biometric registration and other measures to ensure aid was delivered to civilians.
But Samah Hadid, director of advocacy for Oxfam Yemen, expressed concern that USAID’s pullback could leave the country even more vulnerable to the pandemic.
“With the start of the rainy season, we are projecting that Yemen could face over one million cases of cholera this year,” she said. “Coupled with coronavirus, this would spell a catastrophe for Yemen.”
Krauss reported from Jerusalem. Associated Press writers Isaac Scharf in Jerusalem, Maggie Michael in Cairo and Sarah El Deeb in Beirut contributed to this report.
Read more on the above-linked APNews original document and all the following related topics.
Nasser Saidi describes in a Project Syndicate article The Arab World’s Perfect COVID-19 Storm. The author holds that this recent pandemic analysed here impacts will be significant. It is perhaps the first time that these are equally shared not only throughout the MENA region but the world at large. Any differences will, however, be in the manner with which this pandemic is specifically confronted locally. Read on for a better perspective view of the GCC region’s future.
March 24, 2020
In the face of the COVID-19 pandemic, policymakers in the Gulf Cooperation Council states are rolling out stimulus measures to support businesses and the economy. But the camel in the room remains oil, especially the immediate impact on demand of the Chinese and global economic slowdown.
BEIRUT – Middle Eastern and Gulf Cooperation Council (GCC) economies are heading toward a recession in 2020 as a result of the COVID-19 pandemic, collapsing oil prices, and the unfolding global financial crisis.
The fast-spreading global pandemic – with Europe its new epicenter – is generating both supply and demand shocks. The supply shock results from output cuts, factory closures, disruptions to supply chains, trade, and transport, and higher prices for material supplies, along with a tightening of credit. And the aggregate-demand shock stems from lower consumer spending – owing to quarantines, “social distancing,” and the reduction in incomes caused by workplace disruptions and closures – and delayed investment spending.
The two largest Arab economies, Saudi Arabia and the United Arab Emirates, are proactively fighting the spread of COVID-19, for example by closing schools and universities and postponing large events such as the Art Dubai fair and the Dubai World Cup horse race. Likewise, Bahrain has postponed its Formula One Grand Prix.
Saudi Arabia has even announced a temporary ban on non-compulsory umrah pilgrimages to Mecca, and has closed mosques. Because religious tourism is one of the Kingdom’s main sources of non-oil revenue, the umrah ban and likely severe restrictions on the obligatory (for all Muslims) hajj pilgrimage will have a large negative impact on economic growth.
True, policymakers across the GCC are rolling out stimulus measures to support businesses and the economy. Central banks have focused on assisting small and medium-size enterprises by deferring loan repayments, extending concessional loans, and reducing point-of-sale and e-commerce fees. And GCC authorities have unveiled stimulus packages to support companies in the hard-hit tourism, retail, and trade sectors. The UAE has a consolidated package valued at AED126 billion ($34.3 billion), while Saudi Arabia’s is worth $32 billion and Qatar’s totals $23.3 billion. Moreover, policymakers are supporting money markets: Bahrain, for example, recently slashed its overnight lending rate from 4% to 2.45%.
But the camel in the room remains oil, especially the immediate impact on demand of the Chinese and global economic slowdown. The International Energy Agency optimistically estimates that global oil demand will fall to 99.9 million barrels per day (bpd) in 2020, about 90,000 bpd lower than in 2019 (in the IEA’s pessimistic scenario, demand could plunge by 730,000 bpd). Indeed, successive production cuts had already led to OPEC’s global market share falling from 40% in 2014 to about 34% in January 2020, to the benefit of US shale producers.
The weakening outlook for oil demand has been exacerbated by the Saudi Arabia-Russia oil-price war, with the Saudis not only deciding to ramp up production, but also announcing discounts of up to $8 per barrel for Northwest Europe and other large consumers of Russian oil. Although the Kingdom’s strategic aim is to weaken shale-oil producers and regain market share, the price war will also hit weaker oil-dependent economies (such as Algeria, Angola, Bahrain, Iraq, Nigeria, and Oman), and put other major oil producers and companies under severe pressure. Indeed, in the two years after oil prices’ last sharp fall, in 2014, OPEC member states lost a collective $450 billion in revenues.
That episode prompted GCC governments to pursue fiscal consolidation by phasing out fuel subsidies, implementing a 5% value-added tax (in the UAE, Saudi Arabia, and Bahrain), and rationalizing public spending. Nonetheless, GCC countries continue to rely on oil for government revenues, and their average fiscal break-even price of $64 per barrel is more than double the current Brent oil price of about $30 per barrel. The UAE and Saudi Arabia have estimated break-even prices of $70 and $83.60, respectively, while Oman ($88), Bahrain ($92), and Iran ($195) are even more vulnerable in this regard. More diversified Russia, by contrast, can balance its budget with oil at $42 per barrel.
The near-halving of oil prices since the start of 2020, the sharp fall in global growth, and the effects of the COVID-19 pandemic will put severe strains on both oil and non-oil revenue. As a result, GCC governments’ budget deficits are likely to soar to 10-12% of GDP in 2020, more than double earlier forecasts, while lower oil prices will also result in substantial current-account deficits.
Governments will respond by cutting (mostly capital) spending, magnifying the negative effect on the non-oil sector. Some countries (Kuwait, Qatar, and the UAE) can tap fiscal and international reserves, while others (Oman, Bahrain, and Saudi Arabia) will have to turn to international financial markets.
But will GCC governments be able to borrow their way out of this phase of lower oil prices? Global equity and debt markets currently are close to meltdown; with investors fleeing to safe government bonds, liquidity is drying up.
The GCC countries will suffer a negative wealth effect, owing to losses on their sovereign wealth funds’ portfolios and net foreign assets. And, given bulging deficits and the prospect of continued low oil prices, sovereign and corporate borrowers will find it harder and more expensive to access markets. The ongoing financial crisis will therefore exacerbate the effects of the oil-price shock and the pandemic.
The pandemic itself is still unfolding, and its eventual global impact will depend on its geographical spread, duration, and intensity. But it is already clear that in the coming weeks, there will be heightened uncertainty about global growth prospects, oil prices, and financial-market volatility. And as the pandemic continues its deadly march, the GCC economies – like many others – will be unable to avoid recession.
Coronavirus in the Middle East: updates for March 3 by Brian Whitaker cannot be wrong. Referring to the above-proposed BBC map dated a day earlier, it is not difficult to measure the extent of such pandemic. The MENA region located at the junction of three continents had known in the millennium past all sorts of passing winds. The latest of these blowing from and to all directions is not the first neither the last. In the meantime here is an account of the current drought.
Daily totals of new coronavirus cases in the Middle East (excluding Iran)
Iran reported a further huge increase in the number of coronavirus (COVID-19) cases on Monday. The official figure now stands at 1,501, with 66 deaths so far, though the official figures are disputed.
On Tuesday, local media reported that 23 members of Iran’s parliament are among those infected. On Monday it was reported that Mohammad Mirmohammadi, a member of the Expediency Council which advises the Supreme Leader, had died of the virus.
One indication of the scale of Iran’s outbreak is that the health ministry is assembling 300,000 “treatment and hygiene teams” which will carry out house-to-house checks.
Elsewhere in the Middle East, there are 23 new cases since yesterday’s update, bringing the cumulative total to 197. Jordan, Saudi Arabia and Tunisia joined the list for the first time, each reporting one case.
Algeria 5 (+2) Bahrain 49 (+2) Egypt 2 (-) Iraq 22 (+3) Israel 12 (+2) Jordan 1 (+1) Kuwait 56 (-) Lebanon 13 (+6) Oman 6 (-) Qatar 8 (+5) Saudi Arabia 1 (+1) Tunisia 1 (+1) UAE 21 (-)
New cases reported in the region during the past week show two distinct geographical patterns. In the Arab Gulf states, plus Lebanon and Iraq, almost all have been linked to people arriving from Iran. In most of these, the people involved have been quarantined on arrival.
Further west – in Algeria, Egypt, Israel, Jordan and Tunisia – new infections appear to be connected mainly with Italy and France.
● Algeria reported two new cases – a father and daughter who were living in France – bringing the total to five.
● Bahrain reported two new cases – a Bahraini woman and a Saudi man – bringing the total to 49.
● Egypt: A few details have emerged about Egypt’s second confirmed coronavirus case which was reported on Monday. He is described as a “foreign expert” working for an oil company in the north-west of the country. The Egyptian authorities have repeatedly denied allegations that they are concealing a number of other cases. On Monday the Egypt Watch website claimed that some are being treated in military hospitals which – since they don’t come under the aegis of the health ministry – are not being reported to the World Health Organisation. There is no independent confirmation of this claim.
● Iraq: The health ministry reported two new cases in Baghdad involving people who had returned from Iran. The Kurdistan Regional Government also reported that a relative of three people diagnosed earlier had tested positive.
● Israel reported two new cases, bringing the total to 12. The two people affected had returned from Italy towards the end of February.
● Jordan reported its first case on Monday – a Jordanian man who had arrived with a friend from Italy two weeks ago. The man’s family and friend (who has so far tested negative) are in quarantine. The health ministry says that if the number of coronavirus cases in Jordan reaches 20, schools will be closed and public gatherings will be banned.
● Lebanon: The total number of cases has risen to 13, with six new cases reported since Sunday. Arab News says most of those detected were either passengers or relatives of passengers on a flight that arrived in Beirut from the Iranian city of Qom a week ago.
● Qatar reported four new cases on Monday – two Qatari citizens and two domestic workers who had accompanied them on a private plane from Iran on February 27. On Tuesday morning a fifth person – who had been quarantined immediately after arriving from Iran (apparently on the same private flight) – was also diagnosed.
● Saudi Arabia reported its first case – a Saudi citizen who had arrived from Iran via Bahrain. The health ministry said that when the man arrived in Saudi Arabia he did not disclose to the authorities that he had recently been in Iran. Although this is the first case in the kingdom, reports from other Arab countries indicate that at least nine Saudis have been diagnosed with the virus outside the kingdom. The Saudi health ministry said on Sunday it has prepared 8,000 hospital beds for possible future cases.
● Tunisia reported its first case – a 40-year-old Tunisian man who had returned from Italy by boat on February 27.
Around 3,300 years ago, the port city of Ugarit was a vibrant urban centre, located strategically on the overland network linking Egypt with Asia Minor and on the route between Persia and India in the east and Greece and Cyprus in the west. The city’s origins date back to 3000BC and the first alphabet and alphabetic writing system are believed to have developed there in the 14th century BC.
Today Ugarit is a Bronze Age archaeological site in northwest Syria, first excavated in 1929. It can tell us a huge amount about the past, but Ugarit is also a place in its own right. The conservation of the site needs to help us understand the site’s history, as well as preserving and restoring what remains. Our work on virtual reality and reconstruction can meet both these goals.
Although only 30% of Ugarit has been excavated, the discovered areas give clues about the organisation of the city. The buildings include royal palaces, large houses, tombs, sanctuaries, public buildings and temples. Ugarit’s golden age was between the 14th and 12th century BC, and the excavated ruins show that interesting political, social and economic evolution took place in the city.
The royal area shows evidence of a developed political system, with complex defensive architecture and a well-structured palace. Domestic areas reveal important information about the Ugaritic people’s everyday life and their veneration of the dead. However, the structures are in a ruined condition and some are deteriorating, thanks to being exposed for more than 90 years with only minimal maintenance and repair work.
A shift toward using virtual technologies as preservation methods to document historic sites and provide educational opportunities has taken place in recent years. This prevents misguided architectural conservation, which can damage a site.
Augmented reality can project reconstructions onto archaeological ruins, such as at the medieval village of Ename in Belgium. Elsewhere, virtual reconstruction has produced 3D textured models, including of the “Sala dello Scrutinio” at the Doges’ Palace in Venice.
We have used computer-aided design modelling to test out conservation options for Ugarit and to investigate the effects of possible conservation interventions on the ruins. This led to changes in design concepts and materials to better fit the aims of the conservation.
Preserving a sacred route
Excavations have revealed a key sacred route that linked the Royal Palace with the main Temple of Baal and passed through public areas of Ugarit. Researchers believe that the king followed this sacred path to practice cult sacrifices at the temple.
The route contains important tangible elements, such as the remains of the palace, houses, and the temple, for example. But the conservation strategy also intends to reconstruct the intangible aspects of the route – the monumental fortifications, the scale of the temple, and the experience of walking the sacred path, all of which cannot be easily grasped from the remaining ruins.
Virtual reconstruction is an effective tool to assess these proposals and judge their ability to protect the ruins, as well as revealing intangible aspects, such as the atmosphere of a street, which are lost to time. We have developed virtual tours which create an opportunity for screen displays to be installed on the site before the actual proposal is implemented.
These virtual tours include an area of the site that historically featured a plaza and tavern. Here the conservation approach includes the creation of a social and entertaining hub. This will allow the urban environment of the plaza and the dim and cosy interior of the tavern to be restored.
The tours provide reliable evidence for the second stage of the conservation proposal, the design stage and community consultation. However, the political situation in Syria has put the consultation process on hold.
This political situation also means that it is not possible to visit Ugarit at the moment – a position shared by hundreds of archaeological sites around the world. So the virtual reconstructions serve another purpose: they allow those interested a glimpse of this fascinating city and provide an opportunity to raise awareness of the site’s cultural importance with an international audience.
The Saudi Entertainment Ventures Company (Seven), established by the Public Investment Fund (PIF) and mandated to invest, develop and operate entertainment destinations in Saudi Arabia, has announced the expansion of new entertainment complexes to prime locations across the kingdom.
RIYADH, These will delight residents and tourists alike and contribute to positioning Saudi Arabia as a hub for entertainment and leisure, said a statement from Seven.
The entertainment complexes will meet the fast-growing tourism sector and contribute to realising the goals outlined in Saudi Vision 2030, it stated.
These projects are being developed in key strategic geographic locations, providing large resident populations with innovative leisure choices that will appeal to all the family. Each complex will feature several entertainment and leisure choices including cinemas, play areas, rides, food and beverage (F&B) outlets, attractions and more, it added.
Chairman Abdullah Al Dawood said Seven is building the entertainment ecosystem of the kingdom, having already opened the first cinema in Saudi Arabia in 35 years.
“We have a clearly structured development plan to build 20 entertainment destinations, 50 cinemas and two large theme parks in prime locations across the kingdom,” stated Al Dawood.
In Jeddah, Seven will develop several entertainment complexes adding to the leisure choices for over four million residents and visitors.
With entertainment complexes coming up by the azure waters of the Red Sea as well as in areas that are popular among residents, the leisure ecosystem of Jeddah will witness a dramatic transformation.
In line with the vision of the leadership to offer more attractions that add to the quality of life of residents and visitors to the holy cities of Makkah and Madinah, Seven will open new entertainment complexes.
Another addition is in Taif, the fifth biggest city in Saudi Arabia and the unofficial ‘summer capital’, where the cool climes draw people to its location on the slopes of the Sarawat Mountains.
Known as the spring by the sea for its popularity among tourists as a scuba-diving destination with white sandy shores, Yanbu is another strategic location. With easy connectivity from Riyadh and Dammam, Al-Kharj will also feature a Seven entertainment complex.
Another area which will feature a project by Seven will be Buraydah, located in the centre of Saudi Arabia, said the statement from Seven.
Abha and Khamis, set in the Asir Mountains and known for equitable all-year weather, will also have new entertainment complexes by Seven, adding to their touristic value.
The port city of Jazan by the Red Sea, serving as a large agricultural heartland of the kingdom, features several ambitious infrastructure projects and is another natural choice for Seven – along with Tabuk, one of the historic sites, rich in rock art, archeological sites, castles and mosques.
Adding to the entertainment ecosystem of the capital city of Riyadh is the development of the entertainment complex at Al Hamra that will serve the densely populated neighbourhoods in the north-east of Riyadh.
At the intersection of King Abdullah Road and East Ring Road, the project will serve over 2.5 million people within a radius of a 30-minute drive. Another exciting upcoming addition to Riyadh is the entertainment complex at Al Nahda, with the Nahda Park Metro Station just a few metres away. Announced last year, work on these projects is progressing as per schedule.
Further adding to the communities of Dammam and Al Khobar, which serve as vital hubs for several key industries and global businesses, Seven is bringing waterfront attractions that will create unforgettable moments of joyful entertainment for everyone. Announced last year, these projects will also offer a range of entertainment choices for residents and visitors.
“We are committed to realising the goals of Saudi Vision 2030 to accelerate the creation of world-class entertainment assets in the Kingdom that support economic diversification, create new jobs, and contribute to socio-economic progress. Our complexes will position the kingdom as an entertainment, culture and tourism hub of the region,” he stated.
“At Seven, we believe in promoting and creating opportunities for the private sector to thrive in the fast-evolving entertainment landscape of the kingdom,” noted Al Dawood.
“We are inviting the most ambitious and creative business partners and vendors to join us in our remarkable step forward to shape the entertainment landscape of the Kingdom,” he added.
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