Tuesday 28 July 2015
 
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Isolux Corsan JV preferred bidder for $2.6bn Makkah metro

Spanish group Isolux Corsan said its joint venture with Turkish group  Kolin İnsaat Turizm Sanayi ve Ticaret and Saudi Arabian company Haif has been named preferred bidder for the €2.3-billion ($2.59 billion) contract for the construct

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Dubai varsity in deal to promote Spanish studies

The American University in Dubai (AUD) and the Spanish Government represented by the Ministry of Foreign Affairs and Co-operation (MAEC) - Spanish Agency for International Co-operation and Development (AECID) recently signed a memorandum of unde

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Dubai group takes over Spanish solar developer

Dubai-based Abdul Latif Jameel Energy and Environmental Services has reached a deal to take over Spanish solar developer Fotowatio Renewable Ventures (FRV) and its global pipeline of 3.8GW for an undisclosed sum. FRV is a leading

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Spaniards win consultancy deal for Saudi high-speed rail line

A Spanish consortium has won a SR6 million ($1.5 million) consultancy contract from Saudi authorities to study options for a high-speed railway line between Riyadh and Dammam, said a report. The new line, which will have a design speed

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Top Spanish pharma makes Mideast foray

Cinfa, one of Spain’s leading pharmaceutical manufacturers, launched operations in the region via the burgeoning UAE market, at a ceremony in Dubai attended by the Spanish Ambassador to the UAE and health officials. “C

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Spanish-Saudi rail group gets $811m loan

A Spanish-Saudi consortium which will build a high-speed railway linking the holy cities of Makkah and Madina said on Monday it had obtained a SR3.04 billion ($811 million) loan facility needed to start the project. The loan was syndicated

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Sabic signs key petchem plant contract

Petrokemya, a subsidiary of Saudi Basic Industries Corporation (Sabic) has signed an initial deal with Spanish oil engineering company Tecnicas Reunidas to build a petrochemical plant in the Saudi industrial city of Jubail. The long-awaite

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Agility wins Spanish heavy-lift contract

Global logistics provider Agility has won a contract to transport 420 railway wagons from Spain to Kazakhstan for Talgo, a leading Spanish manufacturer of railway wagons and components. As per the contract, Agility will provide all logisti

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Gold surges on Spain bond sales, US data

Spot gold staged a strong rally on Friday, snapping four sessions of losses with possibly its biggest one-day gain this month, as a smooth Spanish bond auction and upbeat US jobs data supported sentiment. Gold, however, was headed for a we

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Saudi-Spanish group wins $9.4bn Saudi rail deal

The Saudi Railways Organisation has awarded a 6.74 billion euro ($9.4 billion) contract for the second phase of its high-speed Haramain railway project to the public-private Saudi-Spanish Al-Shoula consortium. The high-speed Haramain Rail

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