All posts tagged "saudi arabia"
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ConstructionMadinah Municipality calls for EOI for development of hospitals and retail assets
Madinah Municipality has invited expressions of interest from leading investors for the Central Area Plot Development Project in Al Naqaa neighbourhood within...
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ConstructionAcwa Power announces $2.5bn worth of power projects in Uzbekistan
ACWA Power has announced three major milestones related to the development of power projects in Uzbekistan, which include the Sirdarya CCGT plant;...
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ConstructionWinning developer/consortium will get to own a 60% stake in the Ras Al Khair company
Request for proposals (RFP) have been issued to seven prequalified bidders to participate in the potential privatisation of the Ras Al Khair...
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AnalysisAutomotive industry GCC update – COVID-19’s impact and forecast
The Middle East economy was in full-year recession for 2020, as per IMF data, with GDP growth falling in all four quarters....
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ConstructionSawafi Borets breaks ground on new 21,000 sqm HQ in Saudi Arabia
Saudi-based joint venture (JV) Sawafi Borets has broken ground on a 21,000 sqm. production facility in Saudi Arabia that will serve as...
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Construction$270mn company set up to develop Holy Sites at Makkah and Madinah
Saudi Arabia has announced plans to set up a new company, Kidana, which will be responsible for the development of holy sites...
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ConstructionEmaar EC sets up $479mn fund for Rixos Emerald Shores in KSA
The Saudi-based Emaar, the Economic City (Emaar EC), has signed a framework cooperation agreement with the Kingdom’s Tourism Development Fund, FTG Development...
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PropertyJohn Pagano replaces Nicholas Naples as CEO of AMAALA
The AMAALA board of directors have confirmed that Nicholas Naples has left his post as CEO of AMAALA as part of the...
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PropertySaudi Arabia disburses over 3,100 residential plots in December 2020
3,181 contracts for residential plots were issued in December 2020 by Saudi authorities under the Sakani Housing programme. The plots measured between 450...
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ConsultantSaudi’s Madinah Hospitals Complex to be transformed into medical city
The Madinah Hospitals Complex is to be expanded into a medical city, following a meeting of the Saudi cabinet that was chaired...