The Middle East’s top construction contracts of May 2020
May 2020 saw several countries across the region announce ease on restrictions surrounding COVID-19 pandemic. This move comes as most ...
Country: Kingdom of Saudi Arabia
GCC announces $5.5bn projects in April despite Covid
Projects worth $5.5 billion had been announced across the GCC in April primarily driven by Saudi Arabia which contributed 67% ...
Saudi central bank injects $13.333bn to support liquidity of banking system
The Saudi Arabian Monetary Authority (SAMA) is set to inject $13.333 billion in the banking system to enhance the liquidity ...
McDermott signs key tech contract in Saudi Arabia
US-based McDermott International said that it has been awarded a sizeable technology contract by Advanced Global Investment Company, a wholly ...
Accor sees UAE and Saudi Arabia leading hospitality sector recovery in the Middle East
French hospitality group Accor, one of the biggest hotels operator in the Middle East and Africa, expects the hospitality sector ...
Acciona, Marubeni vie for Saudi sewage treatment plant project
Saudi Water Partnership Company (SWPC) has announced that five international consortiums have been pre-qualified to bid for two new independent ...
Saudi’s National Water Company implements projects worth $77.44mn
Saudi Arabia’s National Water Company (NWC) has completed seven environmental and water projects worth $77.4m (SAR291m) in the governorate of ...
Saudi Arabia grants 348 foreign investor licenses in Q1
The Ministry of Investment of Saudi Arabia (MISA) has reported 348 new international companies were granted licenses to operate in ...
Saudi Arabia expands shipping lines to East Asia
The Saudi Ports Authority (MAWANI) announced it has started operating a new shipping line for container transportation between the Kingdom ...
Saudi Arabia boosts food spending at home and abroad to secure supply
Saudi Arabia is stepping up its investments in local agriculture and farming projects abroad at a time when the coronavirus ...
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