24 Hrs
Source:
الاقتصادية
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Eastern Province invests 30B SAR locally and 7B abroad
The value of investments related to municipal contracts and assets managed by the Eastern Province Municipality has exceeded 30 billion riyals, including 7 billion riyals in foreign investments. During the first half of 2026, 470 investment opportunities were announced across various sectors such as tourism, entertainment, industry, and healthcare, generating revenues of 1.2 billion riyals. The municipality aims to diversify its investment portfolio and stimulate economic and tourism activity, with key projects such as the "Global City," "Bay Front," and "Dammam Port" expected to open by the end of 2026 and the beginning of 2027.
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