All posts tagged "saudi arabia"
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ConstructionSaudi strike: 1,000 workers ‘protest over unpaid wages’
More than 1,000 employees of a construction company based in Jeddah, Saudi Arabia have gone on strike over non-payment of their salaries,...
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ConsultantJLL in agreement to launch Jeddah housing index
Real estate advisory JLL says it has signed a memorandum of understanding with the Jeddah Chamber of Commerce & Industry (JCCI) to...
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ConstructionMajid Al Futtaim to invest $3.7bn in two Riyadh malls
Majid Al Futtaim plans to invest $3.73 billion in the construction and development of two shopping malls in Saudi Arabia’s capital, Riyadh.The Dubai-based...
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ConstructionSaudi, Indonesian construction firms in 10-year deal
Indonesian construction firm PT Wijaya Karya has signed a strategic partnership agreement which will pump millions of dollars in investments into projects...
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InfrastructureEnergy sector makes up 75% of Q3 Saudi contracts
The oil and gas sector accounted for 75% of all contracts awarded during the third quarter of 2015, despite the crash in crude...
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PropertySaudi house sales down 5%, rentals up
Saudi Arabia saw 5% fewer property sale transactions in the year to November, as the market shifts towards rentals, according to JLL.Lower...
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AnalysisTough times ahead: Gulf construction outlook for 2016
Last year was a challenging one by all accounts, globally and within the GCC. Perhaps the most significant factor driving uncertainty in...
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ConstructionArabian Centres outlines Saudi mall expansion plans
The retail giant Arabian Centres has outlined plans for its previously announced development of 12 shopping malls in Saudi Arabia. Simon Wilcock,...
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ConstructionLuLu to invest additional $186m in Saudi by 2017
The UAE-based LuLu Hypermarkets is planning an additional investment of SAR 700m ($186.5m) in Saudi Arabia by the end of 2017, with...
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Saudi ‘to invest over $100bn in renewable energy’
Saudi Arabia plans to spend over $100 billion in renewable energy projects to help meet its skyrocketing energy demand, experts said ahead...