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Jeddah Central Development Company
Jeddah Central Development Company (JCDC; ) is an urban and real estate development company based in Jeddah, Saudi Arabia. The company was founded in December 2021 by Crown Prince Mohammed bin Salman as part of Saudi Vision 2030. JCDC is owned by the Public Investment Fund. The company is responsible for the development of the $20 billion Jeddah Central project. History JCDC was officially launched by Mohammed bin Salman on 17 December 2021 as part of Saudi Vision 2030 plan to diversify the Saudi Economy away from oil. Projects Jeddah Central In September 2023, Jeddah Central Development Company launched Jeddah Central, a $20 billion project to develop central Jeddah. The project spans over an area of 5.7 km2 and includes 4 main landmarks, which are: a stadium, museum, oceanarium and opera house. The stadium is expected to host both 2027 AFC Asian Cup and 2034 FIFA World Cup. See also * List of Saudi Vision 2030 Projects * Saudi Vision 2030 * Al Balad Development Compa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Saudi Arabia
The economy of Saudi Arabia is highly reliant on its petroleum sector. Oil accounts for approximately 30% of Saudi GDP and 55% of government revenue, with substantial fluctuations depending on oil prices each year. The kingdom has the second-largest proven petroleum reserves, and the fourth-largest measured natural gas reserves. Saudi Arabia is currently the largest exporter of petroleum in the world. Other major parts of the economy include refining and chemical manufacturing from the oil reserves, much of which is vertically integrated in the state-owned enterprise, Saudi Aramco. Saudi Arabia is a permanent and founding member of OPEC. In 2016, the Saudi government launched its Saudi Vision 2030 program to reduce its dependency on oil and diversify its economic resources. By 2022, Saudi Arabia had only modestly reduced its dependence on oil. Monetary policy in Saudi Arabia is anchored by the fixed exchange rate of the Saudi Riyal to the U.S. Dollar. Nearly every maj ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Al-Ula Development Company
Al-Ula Development Company (UDC; ) is a Hospitality industry, hospitality and real estate development company based in Al-Ula, Saudi Arabia. The company was founded in January 2023 by the Public Investment Fund as part of Saudi Vision 2030. The company aims to transform Al-Ula into a global tourist destination. History UDC was officially launched by the Public Investment Fund in January 30, 2021 as part of Saudi Vision 2030 plan to diversify the Economy of Saudi Arabia, Saudi Economy away from oil. UDC, in collaboration with the Royal Commission for Al-Ula, aim to turn Al-Ula into a global tourist destination. In September 13, 2023, signed an agreement with Marriott International to open a 250-key hotel in Al-Ula. The hotel is set to open in 2025. In October 30, 2023, UDC signed an agreement with Six Senses to open a hotel in Al-Ula. The hotel features 100 guest villas and 25 residences. The hotel is expected to be completed in 2027. Assets As of March 2024, there are 5 opera ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Soudah Development Company
Soudah Development Company (SDC; ) is a real estate development company based in Riyadh, Saudi Arabia. The company was founded in February 2021 by Crown Prince Mohammed bin Salman as part of Saudi Vision 2030. SDC is owned by the Public Investment Fund. The company is responsible for the development of the luxury mountain tourism destination of Soudah Peaks. History SDC was officially launched by Mohammed bin Salman in February 24, 2021, as part of Saudi Vision 2030 plan to diversify the Saudi Economy away from oil. Projects Soudah Peaks In September 2023, Soudah Development Company launched Soudah Peaks, a mountain tourism destination built on Jabal Soudah, Saudi Arabia's highest peak at a height of 3,015 m. The project consists of 6 different regions, including Rijal Almaa Heritage Village. See also * List of Saudi Vision 2030 Projects * Jabal Soudah * Al Balad Development Company * Jeddah Central Development Company * Al-Ula Development Company Al-Ula Development ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Al Balad Development Company
Al Balad Development Company (BDC; ) is a hospitality and tourism company based in Jeddah, Saudi Arabia. The company was founded in October 2023 by the Public Investment Fund as part of Saudi Vision 2030. BDC aims to transform Al Balad Historic District into a global tourist destination. History BDC was officially launched by the Public Investment Fund on 3 October 2023 as part of Saudi Vision 2030 plan to diversify the Saudi Economy away from oil. In May 2024, Jeddah Historic District Program announced the restoration of 3 historical houses, which are the Jokhdar House, Al-Rayyis House, and Kedwan House, and turning them into luxury hotels. The restoration was supervised by the ministry of culture, which assigned Al Balad Development Company to manage the hotels. See also * Saudi Vision 2030 * List of World Heritage Sites in Saudi Arabia * List of Saudi Vision 2030 Projects * Jeddah Central Development Company * Soudah Development Company * Al-Ula Development Company A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2034 FIFA World Cup
The 2034 FIFA World Cup will be the 25th FIFA World Cup, a quadrennial international Association football, football tournament contested by the List of men's national association football teams, men's national teams of the member associations of FIFA. In December 2024, Saudi Arabia was formally confirmed as the host nation by FIFA following an uncontested bidding process. It will be the third tournament hosted in Asia, after 2002 FIFA World Cup, Korea and Japan in 2002 and 2022 FIFA World Cup, Qatar in 2022. Saudi Arabia will be the second host nation from the Arabian Peninsula in the space of twelve years. It will also be the first time the tournament will be hosted by a single nation since 2022. FIFA restricted the hosting eligibility to Asia or Oceania after it made the decision to host the 2030 FIFA World Cup on three continents (Africa, Europe and South America). Observers characterized this as bending FIFA rules to pave the path for Saudi Arabia to host the 2034 edition by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2027 AFC Asian Cup
The 2027 AFC Asian Cup will be the 19th edition of the AFC Asian Cup, the quadrennial international men's association football, football championship of Asia organised by the Asian Football Confederation (AFC). The tournament involves 24 national teams after the expansion in 2019 AFC Asian Cup, 2019. It will be held in Saudi Arabia from 7 January to 5 February 2027. The tournament will return to its usual four-year cycle, after the 2023 AFC Asian Cup, 2023 edition was postponed to 2024 due to the removal of China as hosts, and high summer temperatures in Qatar. Qatar national football team, Qatar are the two-time defending champions. Host selection AFC confirmed the list of member associations expressed their interests to host 2027 Asian Cup before the 30 June 2020 deadline, and they gave their necessary letters of undertaking in November. On 17 October 2022, the AFC Executive Committee announced that the host of the 2027 AFC Asian Cup would be chosen by the AFC Congress at ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Opera House
An opera house is a theater building used for performances of opera. Like many theaters, it usually includes a stage, an orchestra pit, audience seating, backstage facilities for costumes and building sets, as well as offices for the institution's administration. While some venues are constructed specifically for operas, other opera houses are part of larger performing arts centers. Indeed, the term ''opera house'' is often used as a term of prestige for any large performing arts center. History Greco-Roman antiquity Based on Aristoxenus's musical system, and paying homage to the architects of ancient Greek theater, Vitruvius described, in the 1st century BC, in his treatise ''De architectura'', the ideal acoustics of theaters. He explained the use of brazen vases that Mummius had brought to Rome after having had the theater of Corinth demolished, and as they were probably used in the Theater of Pompey. As wooden theaters were naturally sonorous, these vases, placed betwe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oceanarium
An oceanarium can be either a marine mammal park, such as Marineland of Canada, or a large-scale Public aquarium, aquarium, such as the Lisbon Oceanarium, presenting an ocean habitat with marine (ocean), marine animals, especially large ocean dwellers such as sharks. First marine mammal parks Marineland of Florida, one of the first theme parks in Florida, United States, started in 1938, claims to be "the world's first oceanarium" Marineland of Florida was developed as ''Marine Studios'' near St. Augustine, Florida, St. Augustine in Marineland, Florida, which was followed in Florida by Miami Seaquarium, opened in 1955 and in California by Marineland of the Pacific, opened in 1954 near Los Angeles, and Six Flags Discovery Kingdom, Marine World, Africa USA, opened in 1968 near San Francisco. SeaWorld SeaWorld San Diego was opened in 1964, developed by four fraternity brothers Milt Shedd, Ken Norris, David DeMott and George Millay. SeaWorld Aurora opened in 1970 near Cleveland, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Museum
A museum is an institution dedicated to displaying or Preservation (library and archive), preserving culturally or scientifically significant objects. Many museums have exhibitions of these objects on public display, and some have private collections that are used by researchers and specialists. Museums host a much wider range of objects than a library, and they usually focus on a specific theme, such as the art museums, arts, science museums, science, natural history museums, natural history or Local museum, local history. Public museums that host exhibitions and interactive demonstrations are often tourist attractions, and many draw large numbers of visitors from outside of their host country, with the List of most-visited museums, most visited museums in the world attracting millions of visitors annually. Since the establishment of Ennigaldi-Nanna's museum, the earliest known museum in ancient history, ancient times, museums have been associated with academia and the preserva ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stadium
A stadium (: stadiums or stadia) is a place or venue for (mostly) outdoor sports, concerts, or other events and consists of a field or stage completely or partially surrounded by a tiered structure designed to allow spectators to stand or sit and view the event. Pausanias noted that for about half a century the only event at the ancient Greek Olympic festival was the race that comprised one length of the stadion at Olympia, where the word "stadium" originated. Most of the stadiums with a capacity of at least 10,000 are used for association football. Other popular stadium sports include gridiron football, baseball, cricket, the various codes of rugby, field lacrosse, bandy, and bullfighting. Many large sports venues are also used for concerts. Etymology "Stadium" is the Latin form of the Greek word " stadion" (''στάδιον''), a measure of length equalling the length of 600 human feet. As feet are of variable length the exact length of a stadion depends on the ex ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
