Construction KSA Edition
Latest News
UAQ, Alinma close real estate fund at $4.5bln for projects in Makkah
Funds are invested in seven hotel towers and two commercial complexes that will be developed within the King Abdul Aziz Road project
Saudi construction contracts in Q3 hit $12.7bln, says report
These awarded contracts during Q3’19 continued the trend seen thus far in 2019 as the oil and gas sector led all other sectors followed by the real estate sector
Saudi Umm Al Qura, Alinma Investment launch $4.5bln real estate fund focused on Mecca
The new Makkah Real Estate Development Fund is invested in seven hotel towers and two commercial complexes
Fitch rates Arabian Centres Company and Sukuk 'BB+
Fitch has assigned the sukuk trust certificates issued through Arabian Centres Sukuk Limited (ACSL) a final rating of 'BB+'
GCC construction sector expected to begin recovery from 2020
Saudi Arabia holds the greatest potential for the region's construction sector, according to Linesight's Ciaran McCorma
National Building profits up 47% in Q3
National Building and Marketing Company reported a 46.5% year-on-year (YoY) increase in profits for the third quarter (Q3)
AlFalah Ready Mix secures Red Sea project supply deal
Approximately 700,000 cu m of concrete will be required for the initial construction work at the destination
Riyadh’s governor to launch $906mln projects
Riyadh’s governor will also open the new headquarters of the Ministry of Environment, Water, and Agriculture in the city
Saudi awarded contracts value at $12.7bln in Q3 '19
The oil & gas sector led all other sectors followed by the real estate sector
Unbelievable, amazing, and spectacular – first aerial shots of Diriyah Arena
The 15,000-seat purpose-built outdoor arena’s construction kicked off on Oct. 7 and used almost 300 tons of steel to cover an area of 10,000 sqm at the center of historic UNESCO heritage site, Diriyah
Insights
ME industrial refrigeration market to grow 7.3% during 2018 to 2024
Upcoming large-scale projects
Future of affordable housing? It's home, 3D-printed home
Dubai is once again leading the way in rolling out 3D-printed infrastructure, and how
