A huge real estate project on Saudi Arabia's Gulf coast should lure some SR60 billion (US$16 billion) in investments over the next 10 years, the developer said Sunday. The Khalid S Shobily Group spent SR7 billion to develop the 6 million square metre strip of coastline in the city of Khobar. Work commenced four years ago on developing Shobily Port, which covers a prime spot next to a causeway connecting ...