Houses near Metro stations planned

Updated 04 April 2016

Houses near Metro stations planned

RIYADH: The Housing Ministry is expected to start building residential units near stations of the Riyadh Metro, according to an online newspaper.
Ali Al-Jabir, undersecretary for planning and studies at the ministry, said that this was part of the ministry’s tenth development plan, which would be carried out in cooperation with the Riyadh Development Authority. He said there has been a lack of a diverse range of housing products in the market for several years. The ministry has set up 22 programs to deal with the situation, he said.
This includes using land near populated areas in cities, diversifying the role of the Real Estate Development Fund, and setting up a national center for research.


Saudi Arabia’s first female CEO makes Forbes 100 most powerful women

Updated 8 min 24 sec ago

Saudi Arabia’s first female CEO makes Forbes 100 most powerful women

Saudi Arabia’s first female CEO is named in Forbes 100 most powerful women in the world for a second time.

Rania Nashar, Samba Financial Group CEO, was ranked 97th in the list that also included 16-year-old climate change activist Greta Thunberg.

The list also included the United Arab Emirates’ Raja Easa Al-Gurg ranked at 84. The Emirati, who is a Board Member of the Dubai Chamber of Commerce and Industry, was also featured in the list in 2017.

The top 10 in the list included German Chancellor Angela Merkel and Christine Lagarde, who was newly appointed president of the European Central Bank.