Saudi Arabia will invest $650 billion in infrastructure projects between 2006 and 2015. Projects include construction of highways, airports and ports. The plans were announced by Hussein Al Athel, secretary-general of the Riyadh Chamber of Commerce and Industry
In related news, the Saudi Ambassador to Tehran Osama bin Ahmad al-Sonosi, has said that Iran and Saudi Arabia, have a key role in the implementation of the plans of the Organization of the Islamic Conference (OIC).