Arab Today, arab today king abdullah economic city eyes 12000 jobs by 2015
Last Updated : GMT 07:55:03
Arab Today, arab today
Arab Today, arab today

King Abdullah Economic City eyes 12,000 jobs by 2015

Arab Today, arab today

Arab Today, arab today King Abdullah Economic City eyes 12,000 jobs by 2015

Riyadh - Arabstoday

Saudi Arabia\'s King Abdullah Economic City is on target to create 12,000 jobs by 2015, with 10,000 already in place, the project’s CEO said on Monday. “We estimate that we will have 12,000 jobs in three years,” Fahd Al Rasheed, CEO of King Abdullah Economic City (KAEC), said at the 6th Arabian Business Forum at the Armani Hotel in Dubai. KAEC, which is a US$100bn project being built by Dubai’s Emaar Properties - developer of the Burj Khalifa, the world’s tallest building - will be home to 2m residents when it is completed in 2025, Al Rasheed added. With 10,000 jobs already created, Al Rasheed reported Saudi Arabian Airlines will move 2,000 employees to KAEC as the project begins to take shape. The size of Washington DC when finished, the project’s key sectors will be tourism, logistics, energy, transportation and manufacturing and Al Rasheed is confident KAEC’s aim is to entice western companies to invest cash in the kingdom. \"Companies in Europe have US$1.5 trillion in cash,\" Al Rasheed said. \"Their difficulty is working out where to invest it - their biggest problem is entering new markets. This is something that Dubai and the Gulf needs to leverage in a big way.\" Al Rasheed said the aim was that every job created in industry or logistics, three more will be created downstream and another three or four will be created in the spin off retail, marketing a services spin-off sector. Going forward, KAEC’s port will open in 2013, the first school will open in September and a metro will need to come on stream in the next few decades, he added. By / Arabian Business

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today king abdullah economic city eyes 12000 jobs by 2015 Arab Today, arab today king abdullah economic city eyes 12000 jobs by 2015

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today king abdullah economic city eyes 12000 jobs by 2015 Arab Today, arab today king abdullah economic city eyes 12000 jobs by 2015

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today Italy regions back 'big bang' autonomy

GMT 07:10 2017 Monday ,23 October

Italy regions back 'big bang' autonomy
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Syrian children die of hunger

GMT 19:25 2017 Sunday ,22 October

Syrian children die of hunger
Arab Today, arab today Maltese demand justice for murdered

GMT 06:08 2017 Monday ,23 October

Maltese demand justice for murdered
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Tesla to build wholly-owned plant

GMT 07:55 2017 Monday ,23 October

Tesla to build wholly-owned plant
Arab Today, arab today EU raids automaker BMW

GMT 11:06 2017 Saturday ,21 October

EU raids automaker BMW
Arab Today, arab today Actress Mona Zaki praises husband’s role

GMT 08:15 2017 Thursday ,19 October

Actress Mona Zaki praises husband’s role
Arab Today, arab today Massacre fears spark race

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 08:57 2017 Wednesday ,18 October

Actress Shery Adel happy for Egypt’s qualification

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 06:07 2017 Sunday ,22 October

15,000 Under Fives Die

GMT 12:54 2017 Saturday ,21 October

Malaysia Airlines picks new CEO

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday