GCC market eyeing mergers and reduction in unit prices, says Saudi real estate company

Real estate developers in the GCC are mulling as much as a 25% reduction in unit prices along with company mergers to...

Construction

Linesight eyes bigger piece of data centre pie in Saudi Arabia

Riyadh-based Linesight is keen on tapping into the Kingdom’s growing data centre pipeline, as the country works to build an economy based...

Consultant

RICS and SCCA working together on KSA standards for dispute resolution in the built environment

The Royal Institution of Chartered Surveyors (RICS) and the Saudi Center for Commercial Arbitration (SCCA) have called their newly signed Memorandum of...

Consultant

RCU announces new eco-friendly resort in AlUla

The Royal Commission for AlUla (RCU) said that it has started construction of a new community-focused, eco-friendly resort in the desert canyons...

Construction

KSA’s PIF launches Roshn to develop ‘world-class, integrated urban communities’

Saudi Arabia’s Public Investment Fund (PIF) has announced the launch of Roshn, a national company that will develop ‘world-class integrated urban communities’...

Construction

Amaala awards marina services contract to Saudi startup

A contract has been awarded by Amaala for excavation, backfilling and earthworks to startup Hasco (Hasan Al-Harbi Corporation). The startup offers marine...

Construction

Swicorp announces opening of the first cinema in Hafr Al Batin city in Saudi Arabia

Swicorp has announced the opening of a new multi-screen cinema at REIT properties’ Al Makan Mall in the city of Hafr Al...

Machinery

Sany says Saudi forklift truck deal marks entry into region’s oil & gas sector

Chinese construction equipment major Sany’s Port Machinery division has delivered heavy-duty forklift trucks to an oil & gas company in Saudi Arabia,...