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Last Updated: Tue, Feb 21 2017 | 10:27 AM |
Saudi Arabia hires Bechtel to run infrastructure projects office
Construction»

Saudi Arabia hires Bechtel to run infrastructure projects office

Tuesday, 21 February 2017 2:27 PM

US firm will run new office tasked with reducing inefficiencies and trimming costs on major projects

Saudi Binladin said to receive $825m in fresh gov't payments
Construction»

Saudi Binladin said to receive $825m in fresh gov't payments

Sunday, 19 February 2017 4:37 PM

Saudi building sector was hit hard last year as the government, its finances strained by low oil prices, delayed paying contractors for their work

New $136m Dubai mall set for 'soft opening' in May, say backers
Retail»

New $136m Dubai mall set for 'soft opening' in May, say backers

Saturday, 11 February 2017 2:55 AM

Building work is almost finished on First Avenue; fit-out of retail units will take another four months

Saudi Binladin said to get $2.7bn extension for Makkah mosque
Construction»

Saudi Binladin said to get $2.7bn extension for Makkah mosque

Thursday, 9 February 2017 8:04 PM

Sources say creditors have agreed in principle to troubled builder's request for a two-year extension

GCC said to be planning $240bn of rail investments
Construction»

GCC said to be planning $240bn of rail investments

Monday, 6 February 2017 1:58 PM

New report says Saudi Arabia and UAE account for highest proportion of the total

Payment delays set to ease in Saudi Arabia, says credit insurer Coface
Banking & Finance»

Payment delays set to ease in Saudi Arabia, says credit insurer Coface

Monday, 6 February 2017 9:14 AM

Companies in the kingdom and other Gulf states have sometimes had to wait months to be paid for projects

Italian firm says tunnels on line 3 of Riyadh Metro completed
Construction»

Italian firm says tunnels on line 3 of Riyadh Metro completed

Friday, 3 February 2017 1:28 AM

Salini Impregilo announces excavation of 41.5km Orange line which will have total of 22 stations

Saudi holy city leads MidEast on new hotel construction
Travel & Hospitality»

Saudi holy city leads MidEast on new hotel construction

Saturday, 28 January 2017 1:13 AM

Latest STR data shows Makkah has a total of 23,060 rooms in pipeline, ahead of Dubai with 20,451

Saudi court dismisses charges in Makkah crane collapse case
Culture & Society»

Saudi court dismisses charges in Makkah crane collapse case

Friday, 27 January 2017 11:14 AM

Makkah Criminal Court says it has no jurisdiction to rule on incident which left more than 100 people dead

Prince Khaled's KBW inks deal to develop projects in Sharjah
Construction»

Prince Khaled's KBW inks deal to develop projects in Sharjah

Monday, 23 January 2017 6:05 PM

Son of Saudi billionaire Prince Alwaleed targets emirate's property market with formation of ARADA

Saudi infrastructure freeze eases as Jeddah launches projects
Construction»

Saudi infrastructure freeze eases as Jeddah launches projects

Monday, 23 January 2017 1:50 PM

Saudi authorities announce three new public transport projects in the port city of Jeddah

Saudi's Dar Al Arkan sees 23.4% Q4 net profit slump
Construction»

Saudi's Dar Al Arkan sees 23.4% Q4 net profit slump

Thursday, 19 January 2017 3:28 PM

Construction giant blames lower property sales revenue and higher operating expenses for the fall in income

Saudi gov't 'could shelve' $13.3bn projects in 2017
Politics & Economics»

Saudi gov't 'could shelve' $13.3bn projects in 2017

Tuesday, 17 January 2017 8:32 PM

New report says projects are at risk of being cancelled this year due to fiscal pressures and changing priorities

Saudi Binladin seeks extension on $2.7bn Grand Mosque financing
Banking & Finance»

Saudi Binladin seeks extension on $2.7bn Grand Mosque financing

Tuesday, 17 January 2017 7:33 PM

Banking sources say construction firm has asked for extension until end of 2019 amid cashflow crunch

Saudi Arabia to launch $30-50bn renewable energy programme soon
Energy»

Saudi Arabia to launch $30-50bn renewable energy programme soon

Monday, 16 January 2017 3:50 PM

Saudi Energy Minister Khalid al-Falih says Riyadh will in the next few weeks start the first round of bidding for projects


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