Arabian Centres Company to invest up to $346mn into new mall in Saudi’s Eastern Province

A 30-year lease agreement has been signed by lifestyle shopping developer Arabian Centres Company (ACC) for the development of the Jawharat Al-Khobar...

Consultant

Mace forecasts regional tender cost increase due to ongoing influences

In its Middle East & North Africa Market View report for H1, 2022, Mace has cautioned that in two of its key...

Construction

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...