Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi - Number of vacant plots blocking Haramain Rail Project rising  Join our daily free Newsletter

MENAFN - Arab News - 06/01/2014
No. of Ratings : 0
Add to Mixx!


(MENAFN - Arab News) The number of vacant plots blocking the Haramain High Speed Rail Project, joining Makkah and Madinah, has risen by 40.6 percent in the last two months, local media said quoting an official source at the Ministry of Transport.


The Jawhara Thuwal Plan in north Jeddah has the largest number of vacant plots whose owners have not yet finalized the expropriation procedures.


The rail plan calls for taking over 130 plots to carry out the project. The original number was 190 only two months ago which were to be distributed between Makkah and Bahra, the source told Al-Eqtisadiyah.
The source, who asked for anonymity, said the rail project will go ahead despite the existence of lands whose owners still have to finalize the expropriation procedures.


The ministry is set to address the Saudi Railways Organization (SRO) to invite the owners of the lands located at the Jawharah Thawl Plan in this regard.


He said the ministry willnot be held responsible for any price hikes of lands resulting from the delay of owners to consult the Land Assessment Committee and will deprive them from re-assessment claims after the expiry of the last announcement deadline.



The ministry has prerogatives to implement the project even if the owners fail to show up in accordance with the system of property expropriation for public interests.


On objections leveled by owners over the prices by the committee earlier, he said the ministry has re-assessed many lands based on decisions made by the Chamber of Grievances. However, a few lands are awaiting re-assessment after the approval of the representative of the Ministry of Finance, he said.


The Haramain High Speed Rail project, also known as the "Western Railway" is a 449.2 kilometers high speed inter-city rail transport system. It will link Madinah and Makkah via King Abdullah Economic City, Rabigh, Jeddah, and King Abdulaziz International Airport.

 


Arab News




  MENA News Headlines
 Mar 27 2017 - Twin Flame Poetry - Poetry collection about an eternal loveMENAFN Press
(MENAFN Editorial) "Twin Flame Poetry" by ISIS & OSIRIS In their second collection of poems, "Twin Flame Poetry", ISIS & OSIRIS continue the story of their unique love. It has only ...

 Mar 21 2017 - Global Agricultural Drones Market Size, Share, Trends, Growth, Regional Outlook and Forecast 2022 - Acute Market ReportsMENAFN Press
(MENAFN Editorial) "Acute Market Reports" AcuteMarketReports.com has Published New Research Report Title "Agricultural Drones Market Shares, Strategies, and Forecasts, Worldwide, 2016 to ...

 Mar 21 2017 - Clutch Sports Memorabilia Sympathizes with Michael Fioretti Recently Having 85K Worth of Chicago Sports Memorabilia StolenMENAFN Press
(MENAFN Editorial) Clutch Sports Memorabilia has sympathy for Mr. Michael Fioretti Michael Fioretti had spent the last few years trying to make a difference in the central Texas area. ...

 Mar 27 2017 - Kuwait-Alargan posts 37pct increase in revenuesMENAFN
(MENAFN) Alargan, a pioneering real estate firm in Kuwait has posted profits of USD88.4mn for 2016, marking an increase of 37 percent compared to USD64.3mn in 2015.Accordingly, the firm proclaimed ...

 Mar 27 2017 - Saudi Acwa, Apicorp ink deal for 8pct share in Shuqaiq projectMENAFN
(MENAFN) Acwa Power, a Saudi-based developer and Arab Petroleum Investments Corp (Apicorp) have inked a sale and purchase deal for an 8 percent share in Shuqaiq power project in KSA.The project, ...

 Mar 27 2017 - Invitation to a press conference on The Government of Japan contributes to UNMAS to support Sudan to meet its obligation under Ottawa TreatyMENAFN Press
(MENAFN Editorial) KHARTOUM, Sudan, March 27, 2017/APO/ -- United Nations Mine Action Service (UNMAS), Embassy of Japan, and the National Mine Action Center cordially invite you to attend and ...

 Mar 27 2017 - Humanitarian Coordinator condemns killing of six aid workersMENAFN Press
(MENAFN Editorial) JUBA, South Sudan, March 27, 2017/APO/ -- The Humanitarian Coordinator for South Sudan, Eugene Owusu, has strongly condemned the killing of six aid workers in an ambush on 25 ...

 Mar 27 2017 - Verizon and SES Trial Ultra HD DeliveryMENAFN Press
(MENAFN Editorial)LUXEMBOURG--(BUSINESS WIRE/ME NewsWire)-- SES S.A. (Euronext Paris:SESG) (LuxX:SESG) today announced a collaborative agreement with Verizon (NYSE: VZ) aimed at driving the overall ...

 Mar 27 2017 - Sharjah records up to 63pct of Chinese touristsMENAFN
(MENAFN) The Sharjah Commerce and Tourism Development Authority aims to increase visits from China as the emirate experienced tourism from the Asian nation jump up 63 percent in 2016.Meanwhile, the ...

 Mar 27 2017 - Arzan Wealth Advises on Acquisition of Global Pharmaceutical Testing Lab in Madison, Wisconsin, USAMENAFN Press
(MENAFN Editorial)Dubai, United Arab Emirates, March 27, 2017, (ME NewsWire): Arzan Wealth (DIFC) Limited (‘Arzan Wealth’), a Dubai-based advisory firm regulated by the Dubai Financial Services ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help