Construction KSA Edition
Latest News
A few months remaining before beginning of construction, says CEO of NEOM
NEOM Project working team is set within a few months to relocate to the project site and begin laying down the first bricks for construction
$71.2bln needed for suitable Saudi entertainment sector infrastructure
Saudis spend about $30bln annually on tourism and entertainment outside the Kingdom
Accor reveals dynamic roadmap for accelerating MEA growth
The group currently operates over 260 properties with over 60,000 rooms across 36 countries in the region
Dewan unveils 133-key Hilton hotel in Saudi industrial hub
The property is conveniently located between King Fahd Airport in Dammam and the Royal Commission of Jubail and its Industrial City
Hilton to open 100 hotels across MENA by 2023
A $9bln investment by Hilton’s development partners will see more hotels opening in UAE, Saudi Arabia, Kuwait, Bahrain, Morocco and Egypt
Construction activities in GCC seen improving in 2019
Despite a slightly more optimistic outlook, the region remains vulnerable to external economic shocks
Contractors in Saudi Arabia slapped with heavy fines; several projects withdrawn
The Transport Ministry is taking tough action against contractors for sloppiness in implementing road projects.
Saudi developer awards giant Red Sea nursery project
Spread over a sprawling 1-mln-sq-m area in the kingdom, the plants grown in the nursery will be predominantly native species
E-commerce rapidly transforming industrial and logistics real estate
Weekly Q&A: Gabriella De La Torre, Associate Director, Strategic Advisory at CBRE MENAT.
UAE-based Arada to open first overseas office in Riyadh as it expands operations in Saudi Arabia
Arada’s decision to start operation in Riyadh is part of a 2019 expansion strategy, which will also see the opening of an office in Abu Dhabi the first half of this year
Insights
Climate change targets are slipping out of reach: Kemp
If the concentration continues to rise, policymakers will have to plan for a world with significantly higher temperatures
How countries are getting tougher with mining companies?
In Africa, Democratic Republic of Congo, Tanzania and Zambia have been seeking more of the profits from copper, cobalt and gold.
Choose carefully off-plan payment plans or mortgage
Payment plans are a way to avoid the hassle of going through a bank and getting a mortgage