Monday 16 July 2018
 
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Saudi

Saudi Arabia awards 23 road contracts worth $453m

Saudi Arabia has signed contracts worth SR1.73 billion ($453 million) for 23 new road projects across the kingdom, reports said.   The contracts signed by the Transport Ministry are distributed into different are

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SEC starts Al Julla power station

Saudi Electricity Company (SEC) has started operating the 33/132/380 kV Al Julla power station, built at a cost of  SR590 million ($157.34 million).    The plant will serve a number of cities and villag

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SEC starts Al Julla power station

Saudi Electricity Company (SEC) has started operating the 33/132/380 kV Al Julla power station, built at a cost of  SR590 million ($157.34 million).    The plant will serve a number of cities and villag

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Saudi M&A deals ‘set to grow over next 2 years’

Merger and acquisition (M&A) activity in Saudi Arabia will increase in the coming two years, said KPMG Al Fozan & Partners, an audit, tax and advisory services provider in the kingdom. KPMG said that the Government’s

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Saudi Cabinet hails joint strategy with UAE

The Saudi Cabinet has praised the decision by Saudi Arabia and the UAE to adopt a joint strategy for integration between the two countries economically, developmentally and militarily through 44 projects named the "Resolve Strategy".

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Saudi economy recovers in Q1

Saudi Arabia’s gross domestic product (GDP), adjusted for inflation, grew 1.2 percent from a year earlier in the first three months of 2018, a report said.   The kingdom's economy began to recover in th

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Saudi Arabia begins work on new $2bn heritage project

Saudi Arabia has begun work on a massive $2 billion heritage and culture tourism project at Souq Okaz City in Taif that will have heritage centres, museums, recreational areas and a convention centre, a media report said. The new

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Millennium Madinah Airport hotel opens

Millennium Hotels and Resorts has furthered its expansion into Saudi Arabia with the opening of a new hotel in Madinah at Prince Mohammad Bin Abdulaziz Airport. Featuring 227 rooms, the Millennium Madinah Airport is designed to pr

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Mammoet opens new facility in Saudi Arabia

Mammoet, a global engineered heavy lifting and transport specialist, has moved to a new operational hub in the city of Jubail, Saudi Arabia, to strengthen its presence in the country and better serve its clients. The new facility,

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Mammoet opens new facility in Saudi Arabia

Mammoet, a global engineered heavy lifting and transport specialist, has moved to a new operational hub in the city of Jubail, Saudi Arabia, to strengthen its presence in the country and better serve its clients. The new facility,

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