Construction KSA Edition

Paid in cash

transport

Riyadh metro, under construction

When fully operational it will comprise six lines with a total length of 176 kilometers, plus 85 stations

logistics

Batic seeks capital raise

Al Jazira Capital has been appointed as the financial advisor for the offering

petrochemicals

Maire Tecnimont wins $500mln order in Saudi Arabia, shares rise

The contract was awarded to Maire's units Tecnimont SpA and Tecnimont Arabia Limited

construction

Saudi home completions rose 4% to reach almost 345,000 last year

Construction started on 350,580 housing units in 2020

real estate

Jadwa to merge two properties and develop new hotel tower

The two properties have a total land area of 261 square metres

construction

Saudi Red Sea Development builds town for 14,000 employees

The project will include the construction of roads, van lanes, pedestrian and cyclists’ paths, as well as the excavation and construction of central facilities

oil and gas

UAE's Mubadala may join $12bln Saudi Aramco oil pipelines deal

Bloomberg noted that a final agreement is yet to be reached between the two parties

construction

Renovation projects underway in Makkah

Sites included the Hudaybiyyah region where the Radwan Pledge took place in the sixth Hijri year

construction

Saudi builder Binladin appoints turnaround specialists to senior team

The regional construction sector has been hit hard by the weakening of oil prices since 2014

Construction KSA Edition

Saudi Binladin International carries out largest debt restructuring in the region

Binladin expects agreement on debt restructuring by Q4 - Al Arabiya

Samsung Engineering wins $650mln Saudi petchem plant contract

Jadwa to merge two properties and develop new hotel tower

Saudi home completions rose 4% to reach almost 345,000 last year

Saudi MoF launches financial claims platform for private sector

Maire Tecnimont wins $500mln order in Saudi Arabia, shares rise

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Latest News

Saudi Steel Pipe’s subsidiary to sell assets for $9.7mln

Riyadh metro, under construction

Batic seeks capital raise

Maire Tecnimont wins $500mln order in Saudi Arabia, shares rise

Saudi home completions rose 4% to reach almost 345,000 last year

Jadwa to merge two properties and develop new hotel tower

Saudi Red Sea Development builds town for 14,000 employees

UAE's Mubadala may join $12bln Saudi Aramco oil pipelines deal

Renovation projects underway in Makkah

Saudi builder Binladin appoints turnaround specialists to senior team

Multimedia

VideoSaudi Aramco declares $75 billion full-year dividend

GalleryDubai to get more green spaces and beaches

GalleryEditor’s Choice: July 30, 2020

GalleryConstructing temporary coronavirus hospitals

GalleryKuwait's Sheikh Jaber al-Ahmad Causeway leading to the Future Silk City