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Companies & Projects

Breaking-Saudi's SAR to tender $10b Saudi Landbridge construction by mid-2015

The Saudi Landbridge, connecting RIyadh with Jeddah, will take seven years to complete, said the Saudi Railway Company.

Kuwait to award Al Zour package 1 by Q1 2015-source

Kuwait plans to award the main construction tender for its Al Zour oil refinery early next year, according to a source close to the project.

Iraq to hold auction for Nassiriya oil project by end 2014-official

Iraq’s oil ministry will hold a bidding round for the Nassiriya oil project before the end of 2014, a ministry spokesman told Zawya.

Egypt's Arab Investment Bank plans capital hike

Egypt’s Arab Investment Bank plans to increase its capital to meet expansion plans, the chairman told Zawya.

Breaking-India's AIPL seeks partners for designer villas project in Dubai

India’s AIPL is looking for joint venture partners to provide land for a real estate project in Dubai.

Algeria's $205m Ziban Gardens delayed due to bureaucratic hurdles - newspaper

The project, which would generate nearly 4,000 jobs, was scheduled for two-phased delivery in 2015 and 2016, says the main investor.

BREAKING: Dubai government revives 39 stalled projects worth $2.7bn

Tanmia initiative was launched in 2011 to restart on-hold projects in Dubai and so far has revived many projects worth billion dollars, says a senior official.

BREAKING: Jordan's ADC to award $350m Aqaba New Port-Phase 2 design contract in Nov 2014 - source

The project’s Phase 2 involves construction of two additional berths in the basin area, says the unnamed source.

BREAKING: Dubai's Al Barari - Phase 2 hotel project to be announced in Jan 2015

Dubai-based Al Barari Firm Management plans major investments in a new six-star resort boutique hotel and a floating market for Al Barari - Phase 2, a senior company official told Zawya Projects.

BREAKING-Dubai's JGE to tender $77m Redwood Park early next year

Dubai-based Jumeirah Golf Estates will tender the construction of thje $77 million (285 million dirhams) townhouse project Redwood Park by early next year, according to a senior company executive.