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Last Updated: Thu, Mar 23 2017 | 5:06 AM |
Saudi Binladin creditors agree to $1.1bln financing extension
Construction»

Saudi Binladin creditors agree to $1.1bln financing extension

Thursday, 23 March 2017 9:06 AM

Company has been struggling because of delayed payments from the government

Creditors of struggling Saudi builder agree financing extension
Banking & Finance»

Creditors of struggling Saudi builder agree financing extension

Wednesday, 22 March 2017 4:33 PM

Banking sources say Saudi Binladin Group will be able to extend $1.1bn Islamic credit facility by two years

Railways are huge priority for the GCC
Construction»

Railways are huge priority for the GCC

Tuesday, 21 March 2017 9:28 AM

Rail has the potential to dramatically affect Gulf economies, but budget constraints are delaying projects

Construction»

In pictures: Top 10 Saudi projects of 2017

Thursday, 16 March 2017 11:33 AM

Religious facilities, entertainment venues and new housing developments all helping to spur growth in the market

Cayan to build $320m mixed-use project
Construction»

Cayan to build $320m mixed-use project

Thursday, 16 March 2017 10:42 AM

"The expansion of our brand to Jeddah will increase our brand awareness, and market share in Saudi Arabia"

UAE's newest developer unveils first Sharjah project
Construction»

UAE's newest developer unveils first Sharjah project

Monday, 13 March 2017 5:55 PM

ARADA says Nasma Residences to offer more than 800 homes, set for late-2018 completion

Finnish firm wins deal to give lift to Riyadh Metro project
Construction»

Finnish firm wins deal to give lift to Riyadh Metro project

Saturday, 11 March 2017 2:47 AM

Kone Corp says will supply 418 elevators and escalators for rail project's longest line

US oil services firm plans manufacturing hub in Saudi Arabia
Energy»

US oil services firm plans manufacturing hub in Saudi Arabia

Thursday, 9 March 2017 2:22 PM

McDermott International says it will build fabrication yard at shipbuilding complex being developed on east coast

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Saudi Arabia sets up first venture with private firm to build homes
Construction»

Saudi Arabia sets up first venture with private firm to build homes

Wednesday, 8 March 2017 2:01 PM

Ministry of Housing announces partnership to build 462 housing units in the east of Riyadh

$4.4bn to be invested in new Saudi city
Energy»

$4.4bn to be invested in new Saudi city

Wednesday, 8 March 2017 8:29 AM

Close to Abqaiq in eastern Saudi Arabia

Saudi Arabia pledges big projects to soften austerity hit
Politics & Economics»

Saudi Arabia pledges big projects to soften austerity hit

Tuesday, 7 March 2017 8:48 PM

Sources say Gulf kingdom will launch major development projects towards the end of 2017

Technology»

"He was my hero," Ayman Hariri on his late father

Sunday, 26 February 2017 9:34 AM

In a rare interview, Ayman Hariri reveals the raw grief he still experiences 12 years after the assassination of his father, former Lebanese prime minister Rafik Hariri, and the lessons he learnt that have inspired him to take on formidable social media giants.

Egyptian real estate developers suspend Saudi projects
Construction»

Egyptian real estate developers suspend Saudi projects

Thursday, 23 February 2017 2:00 PM

Four companies halt housing deals with Saudi gov't amid political tensions between the two countries

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


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