India’s L&T scoops $161m Riyadh Metro deal

India’s Larsen & Toubro (L&T) Construction has bagged a $161.37 million order for the construction of the tracks for Lines 1 and...

Construction

Saudi Arabia’s Namariq to build $40m labour camp at KAEC

A SR150 million ($40m) residential camp for labourers is under construction at Saudi Arabia’s King Abdullah Economic City (KAEC) megaproject, it was...

Infrastructure

Dubai-based Altaaqa Global signs new CCO

The Dubai-based Altaaqa Global, a provider of temporary power services, has appointed Julian Ford as Chief Commercial Officer (CCO), effective July 1,...

Property

Saudi royals ‘tour Silvio Berlusconi’s $545m mansion in Italy’

Saudi royals are looking to buy a $545 million mansion in Sardinia owned by former Italian Prime Minister Silvio Berlusconi, according to...

Property

High-end, high-rise properties in demand in Saudi Arabia, says report

There is increasing demand for luxury high-rise property developments in key cities across Saudi Arabia, according to a report by Colliers International....

Property

JLL: Riyadh property prices decline, rents pick up in Q2

Riyadh apartment prices fell by 1% and villa sale-values were down by 0.5% in the second quarter, according to a report by JLL.New...

Infrastructure

Saudi Arabia approves 168 municipal projects worth $266m

Saudi Arabia has approved contracts worth $266 million to implement 168 municipal projects across 14 governorates, the state news agency reported. Projects...

Analysis

Locally produced Volvo Trucks to be a driving force in Saudi Arabia

As international OEMs look to capitalise on the lucrative GCC and Middle East markets, the need for strategically located manufacturing facilities in...

Features

Daewoo trucks in demand in Saudi Arabia

At this year’s Construction Machinery Show, held in Dammam, Saudi Arabia, one of the highlights was a new range of Daewoo trucks...

Property

UK property firm Chestertons launches in Saudi Arabia

UK property firm Chestertons has launched in Saudi Arabia through a joint venture with MEDAD Valuation International.The new JV, titled Chestertons Saudi...