Law to classify hotels and to set room tariffs in Saudi Arabia
Come summer, and the citizens and the hospitality industry are at loggerheads on the issue of pricing of tourist accommodation ...
Country: Kingdom of Saudi Arabia
Huge opportunities in Saudi Arabia’s leasing market
Saudi Arabia, the largest economy in the GCC, has been attracting international investors like a "strong magnet," says David Hunt, ...
Saudi Arabia: Government intervenes in cement market
Major infrastructure projects and extensive plans to galvanize residential construction have fuelled demand for building materials in Saudi Arabia, prompting ...
Saudi SABIC awards $387 million contract for new plastic plant
Saudi Basic Industries Corp (SABIC) has awarded Spanish firm Dragados a $387 million contract to design and build a new ...
Saudi banks head for record 2013
A sharp recovery in domestic credit will ally with low funding costs to boost the net profits of Saudi Arabia's ...
$67.5 million Saudi deals for sanitation and water projects
Water and Electricity Minister Abdullah bin Abdulrahman Al-Hossein has signed 18 contracts for the implementation of water and sanitation projects ...
New Hilton hotel to rise in the Saudi city of Dhahran
Hilton Worldwide has signed an agreement with Al Hokair Group for its fourth hotel in the Eastern Province. The latest ...
$16.5 billion Makkah metro project to be launched in 2014
The SR 62 billion ($16.5 billion) new Makkah public transport system, including a metro with four lines and 88 stations ...
Saudi Kayan and Daelim sign $290 million construction deal for butanol plant
South Korea's Daelim Industrial Co has signed a 1.1 billion Saudi riyal ($290 million) contract to build a butanol plant ...
Saudi MODON to allocate lands for 600 factories
Saleh Al-Rasheed, director general of Saudi Industrial Property Authority (MODON ), says lands have been allocated to establish 300 factories ...
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