Saudi non-oil sector growth to hit 2.9 percent, real GDP may slow
Saudi Arabia's real non-oil growth is expected to strengthen to 2.9 percent in 2019 as government spending and confidence increase, ...
Country: Kingdom of Saudi Arabia
Saudi Arabia leads GCC with 5,000 projects worth $1.6trn
Saudi Arabia currently holds the greatest potential for the construction sector within the GCC, with more than 5,000 capital projects ...
Red Sea development seeks to raise $3.5bn
The firm that’s transforming an archipelago, desert, and mountains - an area about the size of Belgium - on Saudi ...
Saudi Arabia, UAE set to inject investments in 23 projects in Lebanon
Saudi Arabia and the UAE are set to inject investments in 23 projects as the Lebanese government seeks to raise ...
MEA hotel construction remains steady: STR
The July hotel pipeline data released by marketplace insights provider STR showed a total of 427 projects accounting for 123,742 ...
Saudi Arabia launches water projects worth $825mn
Saudi Arabia has launched a number of water developments worth over SR3.1 billion ($825 million) in Makkah and other holy ...
The Middle East’s top construction contracts of July 2019
Middle East’s construction industry witnessed some of the biggest contract wins in July 2019, and contractors from across the globe ...
Saudi economy expands at moderate pace in Q1
Saudi Arabia’s economy expanded at a moderate pace of 1.7 per cent year-on-year (y-o-y) in the first quarter (Q1) of ...
World’s first long-range Hyperloop test track to be built in Saudi Arabia
A study will be conducted to build the world’s longest test and certification hyperloop track in Saudi Arabia, American transportation ...
GCC looks to add 7GW renewable power by early 2020
The GCC region is expected to witness a drastic rise in renewable energy deployment. Nearly 7GW of new renewable power ...
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