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News from Middle East Kingdom of Saudi Arabia

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New Jacobs JV for Saudi Arabia
KSA flag (source: The construction index)
<p>Saudi Aramco and Jacobs have agreed to set up a joint venture for social infrastructure projects across Saudi Arabia and the surrounding region.</p> <p>The new Saudi Arabia-based joint venture company will offer professional program and construction management ...
Filed under: Construction News
Saudi Arabia awards desalination plant
Desalination plant (source: The construction index)
<p>A Spanish-Italian JV has won a US$255m (&pound;201m) contract for a desalination plant in Saudi Arabia.</p> <p>The joint venture of Abengoa and Salini Impregilo&rsquo;s Fisia Italimpianti unit will design and build the plant for ACWA Power on behalf of ...
Filed under: Construction News
Unipart Rail, Arabian Railway to form Saudi JV
Unipart Rail & Arabian Railway MoU signing off (source: ME Construction Index)
<p>Unipart Rail, a supplier to the global rail industry, and Arabian Railway Company, a Saudi Arabia-based services company, are set to form a joint venture focused on the kingdom.</p> <p>A memorandum of understanding was signed between the two companies at ...
Filed under: Construction News
Saudi Arabia readies design for 950-km railway project
Land Bridge railway project (source: GDN Online)
<p>Saudi Arabia has completed the detailed design of its 950-km Land Bridge railway project which will link the country's major cities Jeddah and Riyadh, said a report.</p> <p>To be developed on a build, operate and transfer (BOT) scheme, the Saudi Land Bridge ...
Filed under: Construction News
Saudi Arabia approves two airport locations
Airport photo (FILE PHOTO - SHUTTERSTOCK)
<p>Saudi Arabia has given the green light to the location for two domestic airports set to be built in the Riyadh region, according to media in the kingdom.</p><p>Riyadh Gov. Prince Faisal bin Bandar has endorsed recommendations regarding the locations for ...
Filed under: Construction News
Saudi Binladin to get $2.7 bln extension for Mecca mosque -sources
Reuters   10 February 2017   Kingdom of Saudi Arabia   Middle East  
Saudi Binladin Group’s (SBG) logo
<p>Creditors have agreed in principle to Saudi Binladin Group&rsquo;s (SBG) request for a two-year extension on a 10 billion riyal ($2.7 billion) Islamic credit facility used to pay for delayed building work at the Grand Mosque in Mecca, sources said.</p> <p>Reuters ...
Filed under: Construction News
Saudi Arabia’s KAEC awarded contracts worth $426m in 2016
KAEC perspective (source: ME Construction News)
<p>King Abdullah Economic City (KAEC), the world&rsquo;s largest privately-funded new city, said it had awarded contracts worth $426 million for its residential and industrial development projects in 2016.</p> <p>Located on the west coast of Saudi Arabia along ...
Filed under: Construction News
Riyadh Metro sees more than 3m safe work hours in 2016
Riyadh Metro Station (source: ME Construction News)
<p>The Riyadh Metro project completed more than three million safe work hours in 2016, the leader of the joint venture working on the massive infrastructure project has announced.</p> <p>Parsons, the global engineering, construction, technical and management ...
Filed under: Construction News
Saudi construction market to double to over SR360b by 2025
Projects such as Abdullah Arif Intersection Bridge in Makkah benefit from construction technology (source: Saudi Gazette)
<p>Advanced construction technology will be vital for delivering Saudi Vision 2030 mega-projects on time and on budget, experts announced ahead of The Big 5 Saudi Arabia.</p> <p>The Kingdom&rsquo;s construction market is set to more than double, reaching a ...
Filed under: Construction News
Foster wins Saudi design competition
Grand Mosque surroundings development perspective (source: The Construction Index)
<p>The competition-winning design by Foster + Partners for a new hotel and apartments in the Saudi city of Makkah has been unviled.</p> <p>The new mixed-use development will create a new gateway along the route to the Grand Mosque for pilgrims from the world ...
Filed under: Construction News