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Al Shobily Group aims to transform coastal strip.
(From Gulf Construction)
Dammam A real estate project on Saudi Arabia's Gulf coast should attract around SR60 billion ($16 billion) in investments over the next 10 years, according to its developer the Khalid S Shobily Group, which has spent SR7 billion to develop the 6 million sq m strip of coastline in Al Khobar
"We aim to create a commercial, housing and leisure hub that's on par with the best in the world," Khalid Al Shobily, the firm's chairman and founder, said
Work began four years ago on developing Al Shobily Port, which covers a prime spot next to the causeway connecting Saudi Arabia to Bahrain. It has been split into sections and ...
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