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Last Updated: Sat, Jul 23 2016 | 6:26 AM |
Saudi Arabia leads Middle East hotel construction drive
Travel & Hospitality»

Saudi Arabia leads Middle East hotel construction drive

Saturday, 23 July 2016 10:26 AM

STR data shows Gulf kingdom has more than 35,000 hotel rooms under construction, ahead of the UAE

Construction work starts at $2.1bn gas complex in Saudi Arabia
Energy»

Construction work starts at $2.1bn gas complex in Saudi Arabia

Friday, 22 July 2016 12:15 AM

Ground-breaking ceremony takes place to mark milestone for world's biggest industrial gas plant at Jazan

Former MMG board accuses Saudi Binladin Group of non-payment
Construction»

Former MMG board accuses Saudi Binladin Group of non-payment

Thursday, 21 July 2016 9:58 AM

Statement claimed that SBG refused to pay Mohammad Al-Mojil Group for work that it conducted on the King Abdullah University of Science & Technology

Saudi's Dar Al Arkan posts 38.7% slump in Q2 net profit
Construction»

Saudi's Dar Al Arkan posts 38.7% slump in Q2 net profit

Wednesday, 20 July 2016 5:33 PM

Property developer says it made a net profit of $11.5m in the three months to June 30

Are the troubles easing for Saudi construction giant Binladin?
Construction»

Are the troubles easing for Saudi construction giant Binladin?

Tuesday, 19 July 2016 4:22 PM

Gulf kingdom's biggest builder appears to have pulled back from the brink of a financial crisis that risked damaging the wider economy

Saudi mining giant sees plummeting Q2 net profit
Banking & Finance»

Saudi mining giant sees plummeting Q2 net profit

Monday, 18 July 2016 7:53 PM

Saudi Arabian Mining Co posts 51% slump as sales revenues declined on low commodity prices

Saudi Binladin seeks loan extension after Grand Mosque payment delay
Construction»

Saudi Binladin seeks loan extension after Grand Mosque payment delay

Monday, 18 July 2016 12:52 PM

Request to delay the payment was because the Saudi government had yet to reimburse the construction firm for works carried out on Islam's holiest location, according to sources

Embattled Saudi builder repays $266.7m Islamic bond
Banking & Finance»

Embattled Saudi builder repays $266.7m Islamic bond

Friday, 15 July 2016 12:25 AM

Banking sources say delayed payment is sign of modestly easing pressure on struggling contracting giant

Saudi regulator forms interim committee to oversee builder Mojil
Construction»

Saudi regulator forms interim committee to oversee builder Mojil

Wednesday, 29 June 2016 6:32 PM

Board quit last week when three people, including founder Mohammad Al-Mojil and his son Adel Al-Mojil, were jailed

Saudi contractor Khodari to suffer multi-million loss after passing up state contract
Construction»

Saudi contractor Khodari to suffer multi-million loss after passing up state contract

Tuesday, 28 June 2016 9:14 AM

Khodari said the reassignment was one of several measures it is undertaking in response to labour market reforms and current weakness in the construction sector

Embattled Saudi builder MMG to keep operating, says CEO
Construction»

Embattled Saudi builder MMG to keep operating, says CEO

Friday, 24 June 2016 12:24 AM

Indebted MMG's plight comes against the backdrop of wider turmoil in the Saudi construction industry

YBA Kanoo acquires 100% stake in Saudi contracting firm
Banking & Finance»

YBA Kanoo acquires 100% stake in Saudi contracting firm

Monday, 20 June 2016 1:13 PM

Technical Contracting Company (TCC) is a vendor to major firms in kingdom

Saudi regulator bars Deloitte from auditing listed companies for two years over MMG case
Construction»

Saudi regulator bars Deloitte from auditing listed companies for two years over MMG case

Sunday, 19 June 2016 2:53 PM

Deloitte & Touche Bakr Abulkhair & Co issued a statement to clarify that the judgement only applies to listed companies in the kingdom

1
Saudi market regulator jails two executives of contractor MMG
Construction»

Saudi market regulator jails two executives of contractor MMG

Saturday, 18 June 2016 2:06 PM

Capital Market Authority's committee for the Resolution of Securities Disputes fined Mohammed al-Mojil Group $427 million

Saudi's Cayan says $26m Riyadh tower nearing completion
Construction»

Saudi's Cayan says $26m Riyadh tower nearing completion

Friday, 17 June 2016 10:46 AM

CMC project will include luxury offices and facilities such as an advertising screen and a fitness centre


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