Dubai Investments unit seals Riyadh Metro contract
Dubai Investments (DI), a leading, diversified investments conglomerate listed on the Dubai Financial Market, said one of its subsidiaries, Emirates Building Systems has been awarded a contract to provide steel structures for the second phase of the Riyadh Metro Project.
Riyadh metro: No pain, no gain
These problems are due to the ongoing work on the Riyadh Metro Project.
Movenpick Hotel Riyadh opens all-female spa
Mövenpick Hotel Riyadh, in a joint venture with Joelle Mardinian, has opened its all-female Aurora Spa by Joelle.
Saudi Arabia set to drive $900bn MENA energy projects spend
Total committed and planned energy investments in the MENA region, including Iran, will reach $900 billion over the next five years, according to a new report by the Arab Petroleum Investments Corporation (APICORP).
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.
Obstacles on the line for GCC rail projects
In recent years, the Gulf Cooperation Council countries were considered some of the most promising markets for the international rail industry.
Traffic chaos in Riyadh as Saudi Arabia is hit by flooding
Traffic was backed up and schools were closed in the Saudi capital on Wednesday after a severe storm triggered flooding.
Saudi’s Cayan to launch $266m mixed-use project
Saudi based developer Cayan Group is set to launch its Samaya project in Erga, north western Riyadh.
‘SBIE 2016’ kicks off amid bright construction outlook
Saudi Arabia is in the midst of rapid economic expansion as it looks to develop its non-oil sector. Infrastructure projects include Riyadh Metro, Makkah Metro, Jeddah Airport, Riyadh Airport, apart from power and water and healthcare projects to the tune of $400 billion.
