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              Oman’s Tourism Sector to Create Over 500,000 Jobs and Attract $49 Billion by 2040

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                MENA’s Processed Meat Market Set to Hit $62B and 17M Tons by 2035

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                      Driving Middle East Growth: Accelerating AI and Cloud Adoption for Smarter Governance

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                        Iraq Targets 38,000 MW Power Boost with Siemens and GE Deals to Tackle Energy Shortages

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                        Al Bilal Group Secures Licenses for 525 MW Solar Projects in Iraq

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                        Iraq’s Solar Energy Push Draws Interest from 150 Companies

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                          Baghdad Welcomes Major Hotel Opening Ahead of Arab Summit

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                          Unlocking Growth: Key Opportunities in the Middle East Hospitality Market

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                          Oman Charts a Visionary Course Toward Tourism-Driven Growth and Economic Diversification

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                          Qatar Set to Welcome Record 5.3 Million Tourists in 2025

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                          Business Travel in MENA Projected to Hit $270.8 Billion by 2030

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                          Qatar Ranks Second in UN Tourism Online Academy Participation

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                          Qatar’s Hotel Market Set for Strong Growth, Revenue to Near $537 Million in 2025

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                          Can Iraq Become the Region’s Next Tourism Success Story?

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                          Oman’s Tourism Sector to Create Over 500,000 Jobs and Attract $49 Billion by 2040

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                          Home Construction Infrastructure

                          GCC gearing up for regional rail network as trade volume soars

                          The Saudi Gazette

                          September 24, 2013
                          in Infrastructure
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                          The recently awarded multi-billion dollar contracts for two of the Gulf's biggest rail schemes signals a turn of fortune for the planned GCC rail network that hopes to address mounting urban mobility issues confronting the region.
                           
                          Qatar Railways Company awarded design and build contracts worth $8.2 billion for phase-one of its Doha Metro project, while Saudi Arabia's Arriyadh Development Authority (ADA) signed more than $22bn of contracts for the delivery of the Riyadh Metro.

                          According to MEED, these rail developments represent two of the region's biggest metro schemes. In Riyadh, contractors will build 176 kilometers of metro lines within five years – an undertaking that even seasoned metro builders say has never been taken on before. The Doha Metro also involves the construction of multiple tracks. Both schemes face a multitude of challenges ranging from land acquisition to traffic management and manpower to financing.

                          With these domestic projects now moving forward from concept to execution, experts say the GCC rail network is closer to forging ahead. Once completed, it will not only help address road congestion but also from a macro-economic perspective, boost economic growth, diversify economies, boost inter-regional trade and enhance the possibility of major Gulf cities becoming international trade hubs.

                          With such far-reaching implications, the region's rail network aspiration has become a priority development goal for GCC member countries and a matter of keen interest for international stakeholders.

                          The regional network could be operational as early as 2018 but experts say an operational GCC-wide network might take a few more years beyond 2018; chances of it becoming a reality are better as most GCC countries are striving ahead with implementing the domestic rail infrastructure needed to form the backbone of the integrated GCC rail network.

                          A feasibility study into the GCC rail project was concluded in 2009 and the scheme is expected to involve the construction of 2,177 kilometers of track and cost at least $15.5 billion to $20 billion. If all of the metropolitan rail schemes currently planned go ahead, then by 2030, almost every major city in the GCC will have some form of metro or light-rail network.
                          The Saudi Gazette
                          24 September

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