Saudi tourism authority to begin Riyadh’s National Museum expansion project

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The Saudi Commission for Tourism and National Heritage (SCTH) will implement the first phase of developing and expanding the National Museum of Saudi Arabia in Riyadh over the next two months. (SPA)
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The Saudi Commission for Tourism and National Heritage (SCTH) will implement the first phase of developing and expanding the National Museum of Saudi Arabia in Riyadh over the next two months. (SPA)
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The Saudi Commission for Tourism and National Heritage (SCTH) will implement the first phase of developing and expanding the National Museum of Saudi Arabia in Riyadh over the next two months. (SPA)
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The Saudi Commission for Tourism and National Heritage (SCTH) will implement the first phase of developing and expanding the National Museum of Saudi Arabia in Riyadh over the next two months. (SPA)
Updated 12 June 2018
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Saudi tourism authority to begin Riyadh’s National Museum expansion project

  • SCTH will start implementing the first phase of developing and expanding the National Museum of Saudi Arabia
  • The project will be among the biggest, and most modern and advanced museum projects regionally and worldwide.

JEDDAH: The Saudi Commission for Tourism and National Heritage (SCTH) will start implementing the first phase of developing and expanding the National Museum of Saudi Arabia in Riyadh over the next two months .
The latest project will be among the biggest, and most modern and advanced museum projects regionally and worldwide.
The museum will be seen in a new concept and its social and cultural roles will aim toward more activity in the community.
New services will also be offered on the museum’s premises, including galleries, theaters, restaurants and training rooms, in addition to installing the latest interactive technologies.
The development project also includes establishing a four-star hotel with an essence of Saudi Arabian heritage.
SCTH Chairman, Prince Sultan bin Salman, issued a decree to form a board of trustees of the National Museum in Riyadh in a bid to prepare for the museum’s transformation into an independent institution.
A committee to review the master plans and projects of the museum will also be created. Full supervision to ensure the museum’s development program will also be intact.
A plan will be submitted with a specific timeline for the development committee’s work, as well as attracting experts to assist the committee in developing the museum.


Mexican delegation visits Saudi Arabia to promote trade and discuss investment

The Mexican ambassador further declared that his country, like Saudi Arabia, is one of the top 20 economies in the world and is eager to strengthen mechanisms of collaboration in different areas. (SPA)
Updated 17 November 2018
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Mexican delegation visits Saudi Arabia to promote trade and discuss investment

  • The visiting team expressed their desire to benefit from and contribute to the projects presented by the Kingdom’s Vision 2030

RIYADH: A trade delegation from Mexico called on the Saudi business community to strengthen trade partnerships with their counterparts in Mexico and participate in promising opportunities and investment projects in various areas, especially in the construction and infrastructure sectors.
“A delegation from the National Bank for Services and Public Works (BANOBRAS), the most important development bank in Mexico, visited Saudi Arabia to promote investment opportunities that will bring the countries closer together,” Mexican Ambassador Alfredo Miranda told Arab News on Friday.
Miranda accompanied Alejandro Blasco, head of investor relations at BANOBRAS, and Luis Ampudia, deputy head of investor relations, during the meeting at the Council of Saudi Chambers (CSC).
The Saudi delegation was made up of CSC Secretary-General Saud Al-Meshari; Vice Chairman and Managing Director of the Saudi Fund for Development Khalid S. Alkhudairy; and head of stakeholder management of the Public Investment Fund (PIF) Saad A. Alkroud.
During the meetings, the Mexican delegation shared the opportunities available in Mexico for identifying possible public-private partnerships and financing social infrastructure projects, and they discussed the potential of investment opportunities in Mexico as part of the PIF’s international diversified pool, said the envoy.
The visiting team expressed their desire to benefit from and contribute to the projects presented by the Kingdom’s Vision 2030.
The Mexican ambassador further declared that his country, like Saudi Arabia, is one of the top 20 economies in the world and is eager to strengthen mechanisms of collaboration in different areas, taking into account that Mexico’s GDP is $1.1 trillion, has a population of 129 million inhabitants, an inflation rate of 4 percent and very low unemployment of just 4 percent.
“I am sure both countries will continue to work together in order to have more Mexicans in Saudi Arabia and more Saudis in Mexico,” said Ambassador Miranda.