Magazines
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RTA completes road development in Nad Al Sheba 3
The plan includes road paving, the construction of traffic links, allocation of dedicated cycling and pedestrian tracks, and parking spaces. The RTA...
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TotalEnergies reports production disruptions amidst Middle East conflict
The barrels produced in the Middle East typically generate lower cash flow from operations compared to its global portfolio due to higher...
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Dar Al Majed seals credit facilities deal with Banque Saudi Fransi
The funding will primarily be utilised for Dar Al Majed’s expansion plans and the development of its real estate projects. Saudi-based Dar...
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Alba cuts 19% output as Hormuz closure disrupts trade
Alba safely shut down Reduction Lines 1, 2, and 3, collectively accounting for 19% of 1,623,000 metric tonnes per annum production capacity....
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Jindal Steel project enters installation phase in Duqm
The arrival of the 935t reactor signals the transition from heavy civil construction to the fitting of core process equipment at the...
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Authorities close several roads due to incident at Dubai International Airport
Several flights bound for the airport were rerouted to Al Maktoum International Airport. Dubai authorities closed several roads early on 16 March...
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Azizi signs over US $100mn in property sales every day
The developer also announced plans to develop 151 hotels, including 100 4-star hotels, 50 5-star hotels and a 7-star hotel. Farhad Azizi,...
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Umm Al Qura extends Reservation Agreements for the sale of plots in Masar Destination
The agreement was reached in collaboration with Al Inma First Development Company, the special purpose vehicle for the Al Inma Makkah Development...
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First Avenue signs Jadwa Al Shorfa for mixed-use project in Riyadh
Located at the intersection of the Eastern Ring-Makkah Khuris Road, the project, Capital Avenue - Al Rayyan, will come up on a...
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GCC energy infrastructure sees continuing attacks in second week of regional conflict
Critical facilities in Bahrain, Saudi Arabia and the UAE have come under attack by unmanned aerial vehicles. Saudi Arabia’s Ministry of Defense...
