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Al Jouf Cement to supply cement to Webuild for NEOM projectsSaudi-based Al Jouf Cement Company has announced that it has secured a major supply contract worth SAR104 million ($27.7 million) from Webuild, a leading global player in the construction of large and complex projects. The cement will be used by Webu More… |
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Riyadh office market posts solid growth in Q2, says reportRiyadh’s office market, considered a key driver of the economy, continued its strong performance in Q2 2024, as per the latest Saudi commercial market report by Savills, reflecting the strength of the non-oil sector. The sector grew by a solid 3.4% More… |
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stc Group net profit up 7.7pc in H1; revenue hits $10.2bnLeading Saudi telecom group stc has recorded solid results for the first half of 2024 with data indicating a 4.79% increase in revenues compared to the same period of the previous year, reaching SAR38.25 billion ($10.2 billion). Announcing its preliminary fina More… |
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Saudi Red Sea launches training program to boost coastal tourismThe Saudi Red Sea Authority, in cooperation with the Ministry of Tourism, has launched the "Seas of Excellence" training programme to improve the quality of tourism services and adopt international best practices to deliver a luxurious coastal tourism experience, reported SPA More… |
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Ladun unit secures $167m Saudi ministry projectSaudi-based Ladun Investment Company said one of its key subsidiaries, Built Industrial Company has been awarded a SAR628 million ($167.3 million) contract by the Ministry of Municipalities and Housing for the expansion of the ministry’s headquarters in Riyadh. More… |
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RAK Properties achieves key milestones on Mina Al Arab projectsRAK Properties, the largest publicly listed property developer in Ras Al Khaimah, is marking significant milestones in its ongoing real estate development projects - Bay Residences; Bay Views; Cape Hayat and Marbella Villas - within the mega Mina Al Arab development. More… |
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Being minimalistic and sustainable with Ideal Standard's new rangeIdeal Standard, a leading innovator in bathroom design and manufacture, is broadening its brassware portfolio with slimmer, more sustainable variations of two hugely popular taps. Building upon the success of the Ceraline and Cerafine O fittings, the Nuovo ran More… |
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Aramco signs LoI for $2.2bn Jafurah gas plantSaudi oil giant Aramco has signed a non‐binding Letter of Intent (LoI) with a joint venture of Spanish group Técnicas Reunidas (60%) and China's Sinopec (40%), for the potential development of three gas compression plants at Jafurah, the largest unconventional gas field in the King More… |
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LMD launches key waterfront development in Dubai Maritime CityLMD, a strategic developer renowned for creating thriving communities in Dubai, has partnered with Devmark, the UAE’s leading real estate project sales and marketing consultancy, for the launch of The Pier Residence. Located in the vibrant heart of More… |
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Condor unveils 213-unit luxury residential project in JVTThe Condor Developers, a leading Dubai luxury property provider, has announced the launch of its fourth residential project - Condor Sonate Residences - in Jumeirah Village Triangle (JVT) as part of a portfolio expansion strategy aimed at boosting the group’s realty investment value to More… |
