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
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.
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
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.
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
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
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
Rak Petroleum, a leading oil and gas exploration firm based in the UAE, has announced plans to farm-out a 50 per cent stake in its block in Oman to expert Spanish group Repsol Exploracion.
The Ras Al Khaimah company said it
Spanish development company Layetana has pulled out of its management deal with Bahrain's Riffa Views residential resort.
The Barcelona-based firm was brought in under a management shake-up last April, to oversee the delayed completion
BetterLife, part of the Easa Saleh Al Gurg Group and a distributor of high-quality home appliances, recently launched Ufesa, one of Spain’s leading home appliance brands, in the UAE.
“The Ufesa brand represents a unique style where afforda