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Riyadh Municipality Introduces Investment Opportunities for Private Sector

Riyadh Municipality Introduces Investment Opportunities for Private Sector
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Riyadh Municipality Introduces Investment Opportunities for Private Sector

Riyadh Municipality Introduces Investment Opportunities for Private Sector

The Riyadh Municipality has introduced a range of investment opportunities for 2025 through the electronic platform "FURAS," which serves as the primary source for all investors interested in real estate and municipal investments, aiming to create a conducive environment for investment and enhance economic and urban development in the city.

The opportunities encompass over 20 investment sites featuring a range of activities, with areas totaling more than 175,000 square meters. They include commercial ventures, multi-activity residential and commercial spaces, mobile sports clubs, sites designated for the construction of concrete and building materials factories, as well as a café and an ATM.

This step serves as an extension of the Riyadh Municipality's strategy aimed at strengthening the private sector's involvement in urban development.

It facilitates active participation in the development of facilities and services, fostering integration between government initiatives and investment efforts to address societal needs.

Additionally, it contributes to improving the quality of urban life and advancing the objectives of Vision 2030.

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UAE Sentences Killers of Israeli Rabbi to Death

The court unanimously sentenced the three defendants who carried out the murder and kidnapping to death, while the accomplice who aided them received a life sentence. (WAM)
The court unanimously sentenced the three defendants who carried out the murder and kidnapping to death, while the accomplice who aided them received a life sentence. (WAM)
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UAE Sentences Killers of Israeli Rabbi to Death

The court unanimously sentenced the three defendants who carried out the murder and kidnapping to death, while the accomplice who aided them received a life sentence. (WAM)
The court unanimously sentenced the three defendants who carried out the murder and kidnapping to death, while the accomplice who aided them received a life sentence. (WAM)

The United Arab Emirates on Monday sentenced three people to death for the murder of an Israeli-Moldovan rabbi who was killed in November in the Gulf country, state news agency WAM reported.

The Abu Dhabi Federal Appeal Court ruled the murder of Zvi Kogan, 28, was committed by the defendants in pursuance of a "terrorist purpose," according to WAM.

Attorney General Dr. Hamad Saif Al Shamsi had ordered the four defendants to be brought to a swift trial in January 2025, following investigations conducted by the State Security Prosecution, which revealed that the defendants had tracked and murdered the victim.

The evidence presented by the State Security Prosecution to the court included the defendants' detailed confessions to the crimes of murder and kidnapping, along with forensic reports, post-mortem examination findings, details of the instruments used in the crime, and witness testimonies.

The court unanimously sentenced the three defendants who carried out the murder and kidnapping to death, while the accomplice who aided them received a life sentence followed by deportation from the country after serving his sentence.

Under UAE law, sentences of capital punishment are automatically subject to appeal and are referred to the Criminal Division of the Federal Supreme Court for review and adjudication.

The Attorney General stressed that the verdict reflects the UAE’s unwavering commitment to combating terrorism in accordance with the highest standards of justice and the rule of law while ensuring fair trial guarantees. He stressed that the UAE judiciary resolutely confronts any attempts to undermine national security and stability.

Furthermore, the Attorney General added that the United Arab Emirates stands as a global model of coexistence and tolerance, where its laws protect all residents, regardless of religion or ethnicity, ensuring their safety and security.