Tuesday 24 May 2016
 
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Saudi Arabia

SAIIC, GE to roll out $3bn joint investments

Saudi Arabian Industrial Investments Company (SAIIC) and GE have signed a memorandum of understanding (MoU) to co-invest in strategic sectors that will help develop and localise industrial value chains in Saudi Arabia to serve the domestic marke

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SAIIC, GE to roll out $3bn joint investments

Saudi Arabian Industrial Investments Company (SAIIC) and GE have signed a memorandum of understanding (MoU) to co-invest in strategic sectors that will help develop and localise industrial value chains in Saudi Arabia to serve the domestic marke

More…

ACC wins Emaar's Saudi residential project

Leading property developer Emaar Properties said its Saudi subsidiary has signed up UAE-based Arabian Construction Company (ACC) to build three residential towers at its 413,000-sq-m master-planned community Jeddah Gate. Emaar Res

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Saudi construction contract value plunges 51pc in Q1

The total value of construction contracts awarded in Saudi Arabia hit SR27.9 billion ($7.4 billion) during the first quarter, down 51 per cent over SR57.3 billion ($15.2 billion) for the same period last year, said a report by the country's

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Saudi Arabia 'mulls bond-like tools to pay contractors'

Saudi Arabia is considering using IOUs (I-owe-you) model to pay outstanding bills with contractors and conserve cash, said a report, citing key sources. As payment from the state, contractors would receive bond-like instruments wh

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Saudi Arabia 'mulls bond-like tools to pay contractors'

Saudi Arabia is considering using IOUs (I-owe-you) model to pay outstanding bills with contractors and conserve cash, said a report, citing key sources. As payment from the state, contractors would receive bond-like instruments wh

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Five chemical projects to come up in Jubail

Saudi government has signed five new contracts to develop major chemical projects worth SR735 million ($196 million) at an industrial area in the Eastern Province of the kingdom. The contract, inked by Royal Commission for Jubail

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Five chemical projects to come up in Jubail

Saudi government has signed five new contracts to develop major chemical projects worth SR735 million ($196 million) at an industrial area in the Eastern Province of the kingdom. The contract, inked by Royal Commission for Jubail

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Famco to offer key trucking solutions in Saudi Arabia

UAE-based Al-Futtaim Auto & Machinery Company (Famco), a leading solution provider of commercial vehicles, construction and industrial equipment, has joined forces with leading truck manufacturer Iveco to boost its product portfolio in Saudi

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Famco to offer key trucking solutions in Saudi Arabia

UAE-based Al-Futtaim Auto & Machinery Company (Famco), a leading solution provider of commercial vehicles, construction and industrial equipment, has joined forces with leading truck manufacturer Iveco to boost its product portfolio in Saudi

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