Doosan Heavy wins $708 million desal plant contract in KSA

South Korean engineering firm Doosan Heavy Industries and Construction Company has announced that it has been awarded a $708 million contract to...

Consultant

‘Stronger than ever’ Fenwick Elliott announces Qatar expansion

Construction and energy law specialists, Fenwick Elliott, says it has emerged "stronger than ever from a challenging 2020" and is actively pursuing...

Consultant

HAIF appoints Khatib & Alami as lead designer for healthcare project in Riyadh

The HAIF Development Company has appointed Khatib & Alami (K&A) as lead designer for its first healthcare project. The 300-bed hospital is...

Construction

Madinah Municipality calls for EOI for development of hospitals and retail assets

Madinah Municipality has invited expressions of interest from leading investors for the Central Area Plot Development Project in Al Naqaa neighbourhood within...

Construction

Acwa Power announces $2.5bn worth of power projects in Uzbekistan

ACWA Power has announced three major milestones related to the development of power projects in Uzbekistan, which include the Sirdarya CCGT plant;...

Construction

Winning developer/consortium will get to own a 60% stake in the Ras Al Khair company

Request for proposals (RFP) have been issued to seven prequalified bidders to participate in the potential privatisation of the Ras Al Khair...

Analysis

Automotive industry GCC update – COVID-19’s impact and forecast

The Middle East economy was in full-year recession for 2020, as per IMF data, with GDP growth falling in all four quarters....

Construction

Sawafi Borets breaks ground on new 21,000 sqm HQ in Saudi Arabia

Saudi-based joint venture (JV) Sawafi Borets has broken ground on a 21,000 sqm. production facility in Saudi Arabia that will serve as...

Construction

$270mn company set up to develop Holy Sites at Makkah and Madinah

Saudi Arabia has announced plans to set up a new company, Kidana, which will be responsible for the development of holy sites...

Construction

Emaar EC sets up $479mn fund for Rixos Emerald Shores in KSA

The Saudi-based Emaar, the Economic City (Emaar EC), has signed a framework cooperation agreement with the Kingdom’s Tourism Development Fund, FTG Development...