Real estate outlook positive in Dubai and Saudi Arabia

The real estate markets of Dubai and Saudi Arabia are poised for further growth in 2023, mainly driven by the spurt in...

Property

Jeddah Historic District’s Waterfront Project launched

The Saudi Ministry of Culture's Jeddah Historical District Program (JHD) has announced the launch of its Jeddah Historic District’s Waterfront Project, which...

Financial

PIF raises US $5.5bn with second green bond

Saudi Arabia’s Public Investment Fund (PIF) has completed its second green bond issuance, which raised US $5.5bn to finance or refinance its...

Energy

ILF awarded consultancy contract for three solar PV projects in Saudi Arabia

A consultancy contract for pre-development studies of three multiple gigawatt solar PV parks has been awarded to ILF Consulting Engineers Saudi Arabia....

Construction

DAMAC Data Centres’ KSA facilities to go live before end of 2023

DAMAC Data Centres said that its facilities in Riyadh and Dammam will go live before the end of 2023. Speaking at LEAP...

Property

SEDCO to open new office in SOM-designed tower in Riyadh’s KAFD

Saudi-based investment company, SEDCO Holding, has announced plans to open a new office in the King Abdullah Financial District (KAFD) in Riyadh....

Consultant

People, clients, business diversification and sustainability are key focuses for Nicky Dobreanu at Omnium

Ahead of the new year, in December 2022, regional construction veteran Nicky Dobreanu joined Omnium International as Branch Director. In an exclusive...

Construction

Parsons win PMCM contract for Madinah mega-project

Parsons has secured a major contract from Rua Al Madinah Holding Company to provide construction project management consultancy and contract administration services...

Construction

PIF & AeroFarms sign deal to develop vertical farms across MENA

An agreement between Saudi Arabia’s Public Investment Fund (PIF) and AeroFarms has been inked. As per the terms of the deal, a...

Construction

Saudi-Korean JV breaks ground on $240mn stainless steel pipes production facility

SeAH GSI, a joint venture (JV) between the Saudi Arabian Industrial Investments Company (Dussur) and Korean steel manufacturer (SeAH CS), have broken...