2 of 4
BACK NEXT
Jazan Economic City
Jazan Economic City
Chalco, the Chinese aluminum company, and the Saudi Bin Laden Group plan a $3 billion smelter here to help create 500,000 jobs. Jazan will also attempt to build Saudi industries in silicon processing, agri-technology, textiles, food processing, and pharmaceuticals. However, it won't be all work and no play for the people of Jazan: A crescent-shaped colony of waterfront villas will line the city's western region.

NEXT: Prince Abdul Aziz bin Mousaed Economic City
Last updated August 12 2008: 10:14 AM ET
Forget oil. Prospectors are looking to strike it rich off of gold - the shiny kind. (more)
Oil cityReliance Industries is spending $6 billion to expand a massive refining hub in India that is one-third the area of Manhattan and will one day process 5% of the world's gasoline. (more)
5 hottest global job markets These five countries are hungry for more workers. (more)
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2012 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2012 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2012. All rights reserved. Most stock quote data provided by BATS.