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...US engineering group Bechtel and Indian hotelier Oyo are among the companies that will establish regional headquarters, according to Fahd al-Rasheed, president of the Royal Commission for Riyadh City....
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...Guard from his father, the late King Abdullah....
...“Vision 2030 is calling for a post-oil era for the economy and at KAEC we like to think of ourselves as a model of the post-oil economy,” says Fahad al-Rasheed, chief executive officer of Emaar EC, the city...
...When completed, King Abdullah Economic City (KAEC) is projected to be home to 2m. The city will cover 70 square miles at a cost of $100bn....
...“Education is the fulcrum of Vision 2030,” says Rasheed Eltayeb, vice-president in Booz Allen’s Middle East public sector practice, referring to Saudi Arabia’s official blueprint for the future....
...“The prior election had a lot of tampering — it was a dishonest election,” said Mr Bani Rasheed....
...An obvious question arises: will the modest reforms initiated by the late King Abdullah come to be seen, like those of Louis XVI, as the beginning of the end?...
...Another project, King Abdullah Economic City, a special economic zone and port on the Red Sea coast, has already attracted companies such as Mars and Pfizer, and expects more demand, says Fahd al-Rasheed...
...Lt Gen Rasheed Fleih said in an interview on Iraqiya state television that the militants would be pushed out within “two or three” days....
...Mr Rasheed told Arabian Business that King Abdullah Economic City had created 12,000 jobs....
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...King Abdullah City’s port will be designed to cater for 300,000 Hajj pilgrims, and a new city on the edge of Medina will be seeking to attract Islamic investment, says Fahd al-Rasheed, deputy governor at...
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