JCDC announces award of design and engineering contracts for stadium at $20.4bn Jeddah Central project

The Jeddah Central Development Company (JCDC) has awarded the design and engineering contracts for a stadium at its $20.4bn Jeddah Central project...

Consultant

GFH reveals key role played in Dar Al Arkan’s $400mn sukuk sale

Bahrain’s GFH Financial Group has announced it acted as joint lead manager, alongside other parties, on the pricing and issuance of a...

Infrastructure

Saudi Arabia and Iraq move forward on electricity interconnection project

Following the signing of a memorandum of understanding (MoU) at the start of 2022 which outlined an electricity interconnection between Saudi Arabia...

Construction

Saudi German Health awards $59.5mn in contracts for expansion of Saudi German Hospital Riyadh

Saudi German Health (SGH) has awarded contracts worth $59.5mn for the construction of an outpatient tower with 14 clinics and a 207-bed...

Construction

First phase of $7bn Thakher Makkah project nearly complete

Master developer Thakher Development Company has announced that works on the first phase of its $7bn Thakher Makkah development is almost complete....

Construction

Group AMANA announces new brand identity

Regional design-build construction services provider Group AMANA has announced a new brand identity that it said to better reflects its capabilities. Organised...

Consultant

FM services contract for PPP schools project in KSA awarded to SNC-Lavalin

SNC-Lavalin has won a facilities management (FM) services contract by the Wave 2 Schools project of the Ministry of Education (MoE) in...

Construction

TRSDC inks first strategic partnership deal with Almutlaq Real Estate Investment

A US $400mn joint venture (JV) agreement has been signed by The Red Sea Development Company (TRSDC) and Almutlaq Real Estate Investment...

Construction

How Asite is ensuring data sovereignty for construction projects in the Middle East

Smart cities. Construction technology. Digital tools. Cloud computing. These are all revolutionising the way the construction industry operates in the Middle East....

Construction

BATIC Real Estate Company and Al Mqr Development Company launch residential neighbourhood community project

BATIC Investments and Logistics Company has announced that its subsidiary, BATIC Real Estate, has signed an agreement with Al Mqr Development Company,...