PM Narendra Modi Visits L&T’s Riyadh Metro Project site

Mr. Narendra Modi, the Prime Minister of India, visited L&T's Riyadh Metro Project site on April 02, 2016, as part of his first visit to Saudi Arabia and interacted with L&T's project personnel including blue-collared workmen.

DaVita offers jobs for Saudi youth as new dialysis center in Riyadh opens

RIYADH – DaVita Kidney Care, a division of DaVita Inc. and a leading global provider of kidney care services, has announced that its new...

KSA plans largest artificial oil canal

Saudi Arabia intends to establish a 1,000 km-long canal linking the Arabian Gulf with the Arabian Sea, passing by the Kingdom to facilitate transport of oil, avoiding the Strait of Hormuz.

How Saudi Arabia plans to shake up its economy

In late February, several hundred Saudi officials, company executives and foreign consultants gathered in a luxury Riyadh hotel to discuss how Saudi Arabia's economy could survive an era of cheap oil.

Saudi gov’t approves $24.5bn support for water, agriculture, environment

Saudi Arabia has approved financial support for the environment, water and agriculture sectors worth 92 billion riyals ($24.5 billion) to help them meet their...

Hot stock: L&T gains momentum on brokerage upgrade

Infrastructure and construction major LarsenBSE 2.23 % & Toubro has surged nearly 10 per cent so far in March 2013, after brokerages upgraded the stock to 'buy'. The stock was beaten down badly in the recent past on concerns of slowdown on global economic activity and margins concerns.

Saudi Arabia awards SR1.9bn transport project to Turkey’s Yuksel

RIYADH: Saudi Arabia has awarded Turkish construction giant Yuksel the SR1.9 billion ($506.6 million) Bus Rapid Transit (BRT) project, which includes construction of 34...

Construction update Jan. 2017

New LG Crane has been installed next to KACST, King Abdullah Road. By Muddaththir Khalid

Cigarettes disappear from shelves in Riyadh

Riyadh: Cigarettes disappeared from many shops in Riyadh today amid speculations that prices would soon be increased to SR40 per packet. Saudi authorities had already announced...

Four consortia prequalify for Riyadh metro contract

Four international consortia have prequalified for a contract to build a metro network in Riyadh, the High Commission for the Development of Arriyadh announced on August 1. Bids were submitted by a total of 38 consortia.
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