Thursday 28 March 2024
 
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Saudi project

Sreco awards $293m contract for giant Saudi project

Saudi Real Estate for Infrastructure Company (Binyah) has won a SR1.1-billion ($293 million) infrastructure contract from the kingdom's leading developer Al Akaria Saudi Real Estate (Sreco) for its giant Al Widyan project near capital Riyadh

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Damac's Saudi towers topped out

Luxury real estate developer Damac Properties has announced that two of its iconic towers in the heart of Riyadh, Saudi Arabia, have been topped out less than two years after work began. The Esclusiva and Tower by Paramount projec

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Kepco wins $2.5bn Saudi plant project

Power giant Korea Electric Power Corporation said on Monday it has won a $2.5 billion project to build, own and operate a power plant in Saudi Arabia, in a consortium with a Saudi company, ACWA. The consortium will operate the oil-fueled p

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Palm Hills to invest $561m in Saudi

Egyptian developer Palm Hills plans to invest 3 billion Egyptian pounds ($561 million) with a local partner to develop land in Saudi Arabia, its first projects outside Eygpt. Palm Hills had purchased 6.7 million sq m of land for residentia

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