Nesma and Partners, a leading provider of integrated project solutions, has secured the main utilities and civil works package for Expo 2030 Riyadh. The scope of work includes construction of roads within the Expo site and installation of essential utilities.
The Royal Commission for Riyadh City (RCRC) has announced Package 3 of the Riyadh Main and Ring Road Axes Development Programme, comprising six major projects with a total budget of over SAR8 billion ($2 billion). This package is scheduled for completion within 4 years.
Kuwait has awarded an infrastructure contract worth KD77.7 million ($253 million) to Khalid Ali Al Kharafi & Brothers for its Shuwaikh Water Distribution Complex. The scope of work includes the construction, maintenance, and development of the existing facility.
Bahrain’s leading telecom company Batelco by Beyon has signed up Cisco to modernise its IP Backbone infrastructure. Under this, Cisco will provide cutting edge networking capabilities with advanced routing, automation and intelligent assurance tools.
KKR, a leading global investment firm, has announced a strategic infrastructure financing transaction with Acwa Power, a global utility major. As part of the deal, KKR will serve as the anchor lender in a long-duration financing solution for the Rabigh 3 desalination facility in the Makkah region.
Tabreed, a leading district cooling company, has announced a sustainability partnership with Sparklo, a UAE-based cleantech company building smart recycling infrastructure. The collaboration will see the installation of 16 reverse vending machines – called Sparklomats – across the UAE.
Bahrain authorities said that steady progress is being made on the East Sitra Social Housing Project with more than 20% work in the third phase completed. Infrastructure works stand at 29%, while 16% of the 1,269 housing units have been built.
Bahrain's Works Ministry has signed an agreement with Project Management Institute (PMI) as part of efforts to implement its strategic plans aimed at developing national infrastructure and promoting innovation in line with the kingdom's Economic Vision 2030.
The Middle East logistics market is set to double this year compared with 2020, reflecting the scale of investment now flowing into infrastructure, technology, and supply chain modernization, according to a new report.
Buro Happold has announced that it has been signed up as the lead design consultant for the detailed master plan of the mega Expo 2030 Riyadh as well as for the design of public realm, landscape, infrastructure and its utilities and the Expo legacy.
