Strabag has announced that it has secured a €102 million ($118 million) transport infrastructure project in Muscat, Oman. The scope of work involves widening of a major street, building of a flyover and underpasses as well as redesigning roundabouts into intersections.
King Salman International Airport (KSIA), a Public Investment Fund (PIF) company, signed a memorandum of understanding (MoU) with the Saudi Tourism Authority (STA) to cooperate in the promotion of domestic tourism, develop air connectivity, and enhance the traveller and visitor experience.
Global logistics major DHL Group is set to invest more than €300 million ($348 million) in the Sub-Saharan Africa to help unlock opportunities for businesses across key sectors including e-commerce, perishables, energy, and life sciences and healthcare in Africa region.
Saudi national shipper Bahri has entered into an agreement with Saudi Iron & Steel (Hadeed) to explore potential co-operation in maritime transport sector to meet Hadeed’s operational and technical needs. The plan includes potential development and construction of new vessels tailored to Hadeed’s transport needs.
The Royal Commission for Riyadh City (RCRC) has awarded a contract for the design, implementation and completion of an extension to the Red Line of the Riyadh Metro network. On completion, the Red Line network will span 33.7km covering a total of 20 stations.
