Saudi authorities announce new residential development in Riyadh

Sakani programme aims to continue launching more housing projects to meet the needs of Saudi families . Authorities in Saudi Arabia have...

Tabreed sees net profit increase by 13% in Q3 2020

Cooling provider says total revenue also increased by 12% YoY from last year’s results for the same timeframe . UAE-based National Central...

TRSDC awards highest-value contract to date for utilities infrastructure

Consortium led by ACWA Power will design, build, operate and transfer megaproject’s utilities infrastructure. The Red Sea Development Company (TRSDC), the developer...

3SixtyConsult and PMKConsult to merge and announce new firm in January 2021

Combined entity’s business model and servicing capacity will expand and enable the company to take on more large-scale work. Project management and...

Al Hejailan Group and Dow to build and operate new petrochemicals plant

Construction is set to start in 2021 and production is expected to come on-stream in 2023. The Al Hejailan Group has partnered...

Fujairah government completes work on $95 million shipping port

HH Sheikh Hamad visits Middle East’s first ‘green’ fuelling and shipping port. HH Sheikh Hamad bin Mohammed Al Sharqi, Fujairah’s Ruler and...

SWPC and consortium achieve financial closure on Saudi’s Taif plant

Pinsent Masons helps Spain’s Cobra Group and KSA-based Tawzea to achieve financial closure on SWPC's $85mn ISTP project. The Saudi Water Partnership...

ADNOC and ADQ launch JV to develop industrial projects at investment of over $2bn

Ta’Ziz aims to act as a driver and catalyst for the UAE’s industrial development and economic diversification. The Abu Dhabi National Oil...

CSCEC secures $2.2bn loan to finance work on CBD project in Egypt’s New Administrative Capital

HSBC Egypt-led lending consortium agrees to 13.5-year facility covered by China Export and Credit Insurance Corporation. China State Construction Engineering Corporation (CSCEC)...

Saudi Arabia moves ahead with privatisation of water sector with WTTCO launch

Water Transmission and Technologies Company to manage and maintain transmission, distribution and storage systems spanning over 8,400km . Saudi Arabia has announced...

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