Makkah governor opens Jeddah’s new waterfront

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A scenic view of Jeddah’s new waterfront. (AN photo by Salman Marzouki)
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A scenic view of Jeddah’s new waterfront. (AN photo by Salman Marzouki)
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Prince Khalid Al Faisal inaugurates the new Corniche in Jeddah on Wednesday. (SPA)
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A statue on the corniche. (AN photo by Salman Marzouki)
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Prince Khalid Al Faisal at the inaugurates
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A scenic view of Jeddah’s new waterfront. (AN photo by Salman Marzouki)
Updated 30 November 2017
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Makkah governor opens Jeddah’s new waterfront

JEDDAH: Makkah Gov. Prince Khaled Al-Faisal on Wednesday inaugurated the Jeddah Waterfront Project.
The inauguration took place in the presence of Jeddah Gov. Prince Mishaal bin Majid and Deputy Gov. Prince Abdullah bin Bandar.
Prince Khaled said: “We congratulate the nation on this project. Such great projects are usually not available at the same time and in the same place, but they were available and synchronized in the city of Jeddah. On this occasion, I say congratulations to the Saudi population of this wonderful country and to its distinguished leader, King Salman bin Abdul Aziz and Crown Prince Mohammed bin Salman.”
He congratulated Prince Mishaal bin Majid and Jeddah Mayor Hani Abu Ras on the effort and creativity represented by the project.
He thanked the minister of municipal and rural affairs for his interest in the region and its projects.
Prince Khaled said: “My question to the people of Jeddah is: Will you safeguard it, or will we hear tomorrow that it is sabotaged?”
The new waterfront project is located along the Red Sea coast and has a total area of 730,000 square meters with a length of more than 4 km. It cost a total of SR800 million.
The new project, known as Jeddah Waterfront, opened its doors to residents and visitors using its logo inspired by the seagulls that live on the shores of Jeddah.
The logo is a swarm of seagulls and the project runs along the Jeddah seafront from north to south as gracefully as the flying gulls.
This development is the largest phase of development of the Jeddah marine interface and there are services and elements that have been added for the first time to the waterfront.
 


Saudi Arabia says deposits $250 million into Sudan's Central Bank: statement

Updated 30 min 32 sec ago
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Saudi Arabia says deposits $250 million into Sudan's Central Bank: statement

  • Saudi Arabia and UAE pledged to send $3 billion worth of aid to Sudan
  • The remaining amount will be allocated to meet the urgent needs of the Sudanese people

RIYADH: Saudi Arabia said on Sunday it deposited $250 million with the Sudanese central bank, according to a statement from the Kingdom’s ministry of finance.

Saudi Arabia and the UAE pledged to send $3 billion worth of aid to Sudan, after mass protests led to the ouster of president Omar al-Bashir last month.

The move will strengthen Sudan’s “financial position, alleviate pressure on the Sudanese pound and achieve more stability in the exchange rate," the statement said.

Saudi Arabia and the United Arab Emirates have deposited now $500 million into Sudan’s Central Bank, the first instalment of the joint package of aid.

The remaining amount will be allocated to meet the urgent needs of the Sudanese people, including food, medications and oil derivatives.

Mohammed Abdullah Al-Jadaan, Minister of Finance, confirmed that this deposit constitutes an extension of the Kingdom’s support to the Sudanese people.

He added that this support will strengthen the financial and economic situation in Sudan, especially the exchange rate of the Sudanese pound, which should reflect positively on the living conditions of the Sudanese citizens.