Construction
Saudi’s PIF Announces Investments in Four Leading Companies
The Public Investment Fund today announced an investment reaching USD 1.3 billion by way of subscribing to new shares as part of the capital increases …
Construction
Construction
Saudi’s Binyah awarded $145m Contract from Diriyah Gate Company
The Saudi Real Estate Company (Al Akaria) Announce awarding project to one of its subsidiaries Saudi Real Estate Infrastructure Company (Binyah) for Design and Build …
Construction
Agreement Signed to Develop Mandarin Oriental Project in Muscat
The Ministry of Heritage and Tourism, Oman signed an agreement with Eagle Hills Real Estate Company to develop the Mandarin Oriental project at Qurum Beach …
Construction
Kuwait’s Mabanee Signed PPA for Sabah Al-Ahmad Project (S3)
Mabanee Company, Kuwait announced in a statement that it has signed Public Private Partnership (PPA) Agreement for Sabah Al Ahmad Project (S3). Earlier, during November …
Construction
Firms Signed MOU to design and build 10,000 units of properties in Saudi Arabia
MGB Berhad (MGB), a construction and property development solutions provider and subsidiary of LBS Bina Group Berhad, Malaysia announced that it has entered into a …
Construction
UAE’s NMDC awarded $803.2m New Projects
National Marine Dredging Co. (NMDC), UAE announced in a statement that NMDC has recently been awarded new contracts. The value of the contract is AED …
Construction
UAE’s RAK Properties awards construction contract for Marbella Villas Phase 2
RAK Properties, the largest listed property developer in Ras Al Khaimah, has awarded the main contract to Gulf Contracting to begin construction on phase 2 …
Construction
Alfanar and Hewlett Packard announce intent to invest in high-tech production in Saudi Arabia
Hewlett Packard Enterprise (HPE) announced its intent to launch a new production site in Saudi Arabia to support the development of the Kingdom’s digital economy …
Construction
Singapore companies selected to develop smart city pilot projects in Abu Dhabi
Six Singapore companies have been matched with Abu Dhabi entities to develop and pilot innovative solutions following the Abu Dhabi – Singapore Smart Cities Open …
Construction
China State Construction awarded $241.2m Contract from UAE’s DAMAC Properties
DAMAC Properties, UAE announced in a statement that it has awarded China State Construction Engineering Corporation with the main works construction contract for its 71-storey …