Saudi Arabia to spend US $704mn to develop Darin and Tarout Island ...United Arab Emirates

His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince and Prime Minister of Saudi Arabia, and Chairman of the Council of Economic and Development Affairs, has announced the accrediting of a development approach for Darin and Tarout Island. The island is located off the coast of the Eastern Province of Saudi Arabia, in the Arabian Gulf, and is home to 120,000 people; the development approach will include the setting up of a new development cooperation for the island. Following a decision by the Council of Ministers, Prince Mohammed has allocated around US $704mn to be invested across the island, with the aim of improving the quality of life and developing its GDP. Accordin

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