JEDDAH, 31 July 2005 — Tashilat real estate holding company is intending to launch one of the most important projects in Jeddah, Eqtisadiah reported. Ibraheem Al-Nahabi, chairman of the company, said that the project would take place in Salman Gulf north of Jeddah, which is an attractive area. He said that the project would be established on a total area of 350,000 square meters. The project, named City of the Sea, will be a comfortable residential area for families.