Saudi Royal Commission receives over $13.3bn worth of investments in first quarter of 2020
Investment requests in Jubail and Yanbu have exceeded $13.3 billion in the first quarter of 2020, despite the effects of ...
Tag: Saudi Arabia
Saudi Arabia’s Social Development Bank allocates $2.39bn aid for small businesses
The Social Development Bank (SDB) in Saudi Arabia has recently launched new initiatives to support small businesses in the Kingdom, ...
GCC: over 23,000 active projects worth $2.4 trillion in Q1 2020
The GCC construction market is estimated at $2.4 trillion, with over 23,000 active projects by the end of the first ...
Saudi National Steel kicks off work on $500mn Oman plant
Saudi National Steel has started work on its new $500-million iron manufacturing plant located within the Salalah Free Zone (SFZ), ...
Saudi King approves $266 million coronavirus crisis aid for private sector
Saudi Arabia's King Salman has approved an additional package of measures to help the private sector deal with the economic ...
GCC to witness slow yet positive growth in 2020
All GCC countries, barring Bahrain, will see positive real GDP growth in 2020 despite a massive cut in growth rates ...
Construction to survive Covid-19 challenge
The GCC construction industry is confident of surviving the challenging environment that has emerged due to the coronavirus as it ...
G20 vows to inject $5 trillion to economies
The G20 nations today vowed to inject over $5 trillion into the global economy, as part of targeted fiscal policy, ...
Saudi awarded $52bn contracts in 2019, real estate tops list
Saudi Arabia said the total value of awarded contracts for full year 2019 surged to hit SR197.1 billion ($52.6 billion), ...
The Middle East’s hotel construction pipeline remains strong in 2020
Analysts at Lodging Econometrics (LE) state in the 2019 year-end report that the hotel construction pipeline in the Middle East ...
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