The Dubai-based DP World Limitied, the international marine terminal operator, has signed a contract with Emaar Economic City to develop and manage what will be the largest port on the Red Sea at King Abdullah Economic city. "the port, set to extend over 14 square kilometres, would create 15,000 jobs and contribute an average of Dh9.8 billion (SR10 billion) to Saudi Arabia's annual gross domestic product upon completion of the all the work phases."
