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News from Middle East Kingdom of Saudi Arabia

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<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
Reuters   10 February 2017   Kingdom of Saudi Arabia   Middle East  
<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
<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
<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
<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
<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
<p>The tunnel excavation work along Line 3 of Riyadh Metro, the longest line of the massive project commissioned by the ArRiyadh Development Authority (ADA) and realized by Salini Impregilo, has been completed. The end of the work was celebrated in the presence ...
Filed under: Construction News
Zawya   18 January 2017   Kingdom of Saudi Arabia   Middle East  
<p>At least $13.3 billion of government projects are at risk of being cancelled in Saudi Arabia this year due to fiscal pressure and a realignment of government priorities, consultants Faithful+Gould said.</p> <p>The total value of project awards for 2017 ...
Filed under: Construction News
<p>Prince Khaled Al-Faisal, emir of Makkah and adviser to Custodian of the Two Holy Mosques, launched on Wednesday development projects worth a total of SR1.15 billion in the governorates of Kamil and Khulais in Makkah region.</p> <p>These included projects ...
Filed under: Construction News
<p>Custodian of the Two Holy Mosques King Salman arrived in the Eastern Province from Riyadh on Wednesday evening.</p> <p>During the visit, the King will meet citizens and launch several mega development projects, including those of Saudi Aramco and Royal ...
Filed under: Construction News