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Saudi Energy obtains US $4bn in Islamic credit to secure operations
The Islamic financing facility has a tenure of 7-years from the date of signing (27 July) and was secured from a consortium...
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CGC awarded contract for US $516mn water treatment project in Kuwait
The project is being implemented by Kuwait’s Ministry of Public Works as part of its efforts to boost Kuwait’s water infrastructure. Combined...
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Hassan Allam wins Waldorf Astoria Super Block project in Diriyah worth US $714mn
The mixed-use project spans approximately 241,000sqm and includes a 200-key Waldorf Astoria Hotel, 47 branded residences, and commercial and office buildings. Hassan...
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DEWA investments in transmission network exceed US $2.7bn
The projects are said to have required more than 9m working hours and were delivered in line with the highest standards of...
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Alkhorayef secures Riyadh city sewage contract
The project is aimed at ensuring efficient system performance, reliability and sustainability of water reuse infrastructure in Riyadh. Saudi-based Alkhorayef Water and...
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AVENEW and Marriott to bring Ritz-Carlton Residences to Dubai World Islands
The masterplan will introduce a curated collection of villas and 2- and 3-bedroom low-rise residences, designed as a private retreat. AVENEW Development...
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Saudi opens bidding process for third round of gas-fired power projects
Each project has a planned generation capacity of 1,800MW, significantly contributing to the Kingdom’s expanding power generation portfolio. Saudi Power Procurement Company...
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SBG begins redeveloping King Fahd Sports City Stadium
Upgrades to the infrastructure and facilities aim to improve operational efficiency and enhance fan, athlete and organiser experiences. Redevelopment works are underway...
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Burtville launches Bab Al Qasr Garden Residences 65
The development includes a 275m water canal, a 360m jogging track, sports facilities and open spaces designed to support residents' well-being. Burtville...
