GCC aluminium industry to grow 12%

[caption id="attachment_11443" align="aligncenter" width="465"] The GCC is seeing growth in the aluminium industry like never before, Al Mekdad says.[/caption] RELATED ARTICLES: ALBA boosts...

Saudi banks make profit from infrastructure investment

[caption id="attachment_11429" align="aligncenter" width="384"] The King Abdullah Financial District is likely to be a symbol of KSA's powerful banking sector[/caption] Developer borrowing...

$346bn Saudi investment for 2.4m homes

Saudi Arabia needs to investment approximately $346bn to construct 2.4 million new houses between 2011 and 2020, a study by the National...

Five Construction Mega-projects

Schneider signs largest ever deal with Saudi Binladin

Schneider Electric Saudi Arabia has signed the largest ever contract with the Saudi Binladin Group to provide power for the Haram expansion...

KSA to see $20bn contract falloff in 2012

Saudi Arabia will see a sharp drop off in the number of construction and infrastructure contracts awarded in the Kingdom in 2012,...

$178m deals awarded to Saudi JV

[caption id="attachment_11124" align="aligncenter" width="451"] The National Water Company has awarded a JV between Al Muhaidib Contracting Company and Vinci Construction UK contracts...

KFMC overshoots target budget

[caption id="attachment_11093" align="aligncenter" width="450"] The King Faisal Medical City is likely to overshoot its targeted budget of $1.1bn, officials say.[/caption] The first...

Four consortia qualify for Riyadh metro

[caption id="attachment_11056" align="aligncenter" width="450"] Four international consortia have qualified to build Riyadh's metro network project.[/caption] Saudi Arabia’s High Commission for the Development...