Saudi housing projects up 17 percent in Q1 despite coronavirus
Housing project activity in Saudi Arabia picked up by nearly 17 percent in the first quarter of 2020 despite business ...
Country: Kingdom of Saudi Arabia
Saudi group starts work on giant Diriyah Gate heritage project
Saudi-based Diriyah Gate Development Authority has kicked off work on Diriyah Gate, one of its most ambitious developments that will ...
Work in full swing at Qiddiya entertainment hub
Saudi Arabia-based Qiddiya Investment Company (QIC) said steady progress was being made on the kingdom's ambitious entertainment, sports and the ...
EU agri-food exports to GCC rise over focus on healthy, fresh produce
European Union (EU) farm exports to the GCC grew by 25 percent in Q1 2020 thanks to COVID-19, which has ...
Global utility giants in race for Madinah 3 sewage project
Saudi Water Partnership Company (SWPC) has announced that six leading international utility project developers have been prequalified to bid for ...
Saudis express interest in Iraq’s Ratawi gas hub
Saudi Arabia has expressed interest in investing in a gas hub at Ratawi in southern Iraq, former Iraqi electricity minister ...
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 ...
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 ...
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