Dubai has announced plans to develop several landmark projects at a total investment of AED18 billion ($4.9 billion), covering infrastructure, culture, trade, investment and urban development, as the emirate seeks to support long-term economic growth and improve quality of life, said a report.
Indian construction and engineering conglomerate Larsen and Toubro (L&T) has secured a major contract worth KD303.5 million ($992 million) from Kuwait Oil Company for the construction of export crude storage facilities as well as providing key upgrades to its key energy infrastructure.
Saudi Arabia's National Water Company (NWC) has announced that it has completed 50 water and sanitation projects worth more than SAR2.4 billion ($640 million) in the first half of the year as the kingdom seeks to expand infrastructure and improve public services under its Vision 2030 programme.
Saudi Arabia’s Prince Mohammed bin Fahd University (PMU) has awarded a SAR994 million ($262 million) contract for the construction of a new specialty hospital within its premises at Al Khobar in the kingdom's Eastern Province. The 10-storey healthcare facility will come up on a 60,000 sqm area.
Acciona has developed a prototype pavement made up of 14 precast slabs with novel cement-free concrete, thus replacing clinkers with industrial by-products used as a binder. This key initiative aligns with the growing demand from Middle East for sustainable construction solutions.
The Royal Commission for Riyadh City (RCRC) has unveiled a new phase of its SAR9.8 billion ($2.6 billion) Main and Ring Road Axes Development Programme involving the upgrade of 40km of major road corridors as well as the construction of key intersections, bridges and tunnels.
Lenovo has signed an agreement with Saudi National Housing Company Innovation for potential collaboration backing the kingdom’s evolving residential and digital infrastructure landscape. The deal sets out a foundation to boost co-operation across advanced technologies such as AI and data science.
Vision Golfe 2026 brought together more than 1,200 participants, five ministers, senior government officials and business leaders in Paris this week, reinforcing its position as the leading platform for economic cooperation between France and the Gulf Cooperation Council (GCC).
The Wilo Group, a pioneer in sustainable and intelligent premium water solutions, and DP World have expanded their strategic partnership through a new agreement aimed at advancing sustainable infrastructure, smart logistics solutions and AI-based innovations in the global water sector.
Spanish infrastructure major Acciona has announced that its facility service unit has been awarded a three-year contract to provide technical train cleaning and housekeeping services for the Haramain High-Speed Railway, one of Saudi Arabia's most advanced transportation systems.
