City of Dammam
City of Dammam, Saudi Arabia
No area of the Middle East, or perhaps the world, has undergone such dramatic transformation in such a short period of time as has the Dammam City in Eastern Saudi Arabia. Dammam is the capital and the largest city in the Eastern Province.
The goal of Dammam city is to be the energy center in the Gulf area as it has the distinction of meeting 10% of all oil needs of the world, and to be a center of excellence in innovation and R&D in oil and gas related industry.
Dammam is a strategic city that offers excellent investment opportunities to oil and gas industry, and is also a centre of all commerce in the eastern parts of the kingdom. The city has big business potential and is growing fast with its unique population (60-70% young people). The Dammam municipality provides several services and encourages favorable business opportunities to investors. In addition to that, it manages and maintains public parks for recreation and 700 km of beautiful beaches that offer huge opportunity of tourism.
Dammam offers an excellent environment and expertise for instance:
- It is strategically placed to service the requirements of the oil industry and the continuous development of the major provincial cities in the Eastern and Central Provinces.
- It has one of the largest ports on the Arabian Gulf which is well connected by road, rail, and air with the rest of Saudi Arabia as well as with its neighboring countries.
- Links to Saudi Aramco, the world's largest oil company, which operates the Kingdom's gigantic oil and gas industry.
- Links to a conglomerate of petrochemical industry, SABIC, world’s leading manufacturer of chemicals, fertilizers, plastics, and metals.
- Links to several colleges at King Faisal University and one of the most modern universities in the Middle East, the King Fahd University of Petroleum & Minerals.
- The state-of-the-art Research Institute and Dhahran Techno-Valley at King Fahd University of Petroleum & Minerals provide outstanding R&D support to local and foreign industry working in Saudi Arabia.
In many ways, the Dammam City has evolved as the link between Saudi Arabia and the outside world, exporting oil and petrochemicals and importing its needs and thriving on the interaction between Saudi Arabia and other countries.