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Companies & Projects

Construction logjam to ease as Saudi relaxes rules for foreign firms

Saudi Arabia’s decision to ease access for foreign contractors will speed up implementation of vital projects in the kingdom, experts said.

INTERVIEW-Saudi contractors eye lion's share of sport stadiums contracts

Saudi contractors could secure a significant number of contracts under a project to build 11 new sport stadiums in the kingdom if Saudi Aramco offers them in smaller parcels, said Fahd Al-Hammadi, chairman of the National Committee for Contractors at the Council of Saudi Chambers.

BREAKING: Egypt to tender Sohag river cargo port in 2015

Egypt plans to offer the Sohag river port project in partnership with the private sector in mid-2015, a GAFI official said.

BREAKING: Egypt to tender Sharm desalination plant in Q1 2015

Egypt is expected to issue the tender for a PPP desalination plant project in Sharm El Sheikh in early 2015, said a finance ministry official.

BREAKING: Mazaya Qatar to award Marina Mall contract in Aug-source

Mazaya Qatar Real Estate Development is due to award the contract for its Marina Mall project this month, a source said.

TDIC issues Saadiyat utilities pre-qualification invite

Abu Dhabi’s Tourism Development and Investment Company invited contractors to pre-qualify for the Marina District Deep Utilities Project, Saadiyat Island.

Saudi to receive 12 electric trains for railway by 2015-newspaper

A Spanish consortium will start delivery of electric trains for the Haramain railway at the end of the year, the president of Saudi Railways Organization said.

BREAKING: DAMAC to issue tender for Privé Hotel in August

Dubai-based DAMAC Properties is due to award the construction contract for its Privé Hotel project in October, a source said.

Abu Dhabi's Musanada invites bids for design of police buildings

State-owned Abu Dhabi General Services Company (Musanada) has invited companies to bid for the design tenders of buildings for Abu Dhabi police in the Abu Dhabi and Al Ain region.

Work on Iraq's Karbala refinery to start in Sept-media

A consortium led by Hyundai will start work on the USD 6 billion Karbala Refinery Project in early September, a governorate official said.