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Custodian of the Two Holy Mosques King Salman issued a royal decree approving the private sector stimulation plan and allocating SR72 billion for the plan.
The King’s approval came following the projections of Crown Prince Muhammad Bin Salman, deputy premier,...
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).
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 that a 100% tax would also be levied on tobacco and byproducts, as well as...
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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.
Riyadh metro lines on schedule to open in 2018-19
The Fast consortium, which is constructing lines 4, 5 and 6 of Riyadh's new 176.6km six-line metro, says it has completed 40% of the project and is on course to open the three lines at the end of 2018 or early in 2019.
Shell road safety drive underway in Riyadh
Shell has launched its road safety campaign ‘Safer Roads’ at the King Saud University in Riyadh targeting young adults with a message that complying with basic rules on the road saves lives - including theirs.
First test run on Saudi Arabia’s high speed Haramain railway
Saudi Arabia's Haramain high-speed railway project began its first test run on Tuesday with a train travelling from Jeddah to Makkah, according to an...
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With its $1.1tn project pipeline, Saudi Arabia is looking for qualified...
More contractors are needed in Saudi Arabia due to the sheer number of gigaprojects that are simultaneously coming on stream in the country, experts from Parsons, Hill...
Project update: Riyadh Metro’s KAFD station in Saudi Arabia
King Abdullah Financial District (KAFD) station is one of the four main stations of Riyadh Metro, an infrastructure megaproject set to transform the way people...
The Riyadh Metro Project update
ArRiyadh New Mobility Consortium (ANM) was selected to deliver the 41.8km Metro Line 3 for Riyadh, Saudi Arabia which will form part of the...
Hill Int’l wins two of King Salman-backed $23bn Riyadh projects
American construction consultancy Hill International has won contracts to work on two of the four $23bn (SAR86bn) megaprojects unveiled by the Custodian of Two Holy Mosques, King Salman bin Abdulaziz,...
Riyadh Metro project 82% complete
Riyadh Metro project is 82 percent complete, Riyadh Development Authority (RDA) said on its official Twitter account.
“Construction works reached an advanced stage as scheduled,”...
Riyadh Metro naming rights auction raises $278m
Riyadh Development Authority (RDA) has announced that it has raised over SR1 billion ($278 million) from its station naming rights auction for the Riyadh...
SAPTCO inks SAR 8 bln contract to operate Riyadh Metro
Saudi Public Transport Co. (SAPTCO) on Nov. 11 signed a contract with Arriyadh Development Authority (ADA) to operate and maintain Riyadh Metro’s first and second...
Riyadh Metro airport extension contract awarded
Arriyadh Development Authority (ADA) awarded Fast Consortium the contract on the extension of Riyadh Metro Line 4 to King Khalid International Airport (KKIA).
The extension...
The Middle East’s top 10 contract wins of September 2018
10. DWTC hands $13m Expo Village contract
Dubai World Trade Centre (DWTC) awarded fit-out and joinery firm Abanos a $13.4m (AED49.2m) contract to supply and install non-fire-rated and fire-rated doors, kitchen cabinets, and wardrobes...
Construction Week In Focus | S02E20: Riyadh Metro in 2018
How has construction progressed on Saudi Arabia's Riyadh Metro, and when is the project due for completion? Construction Week explains here.
The $23-billion Riyadh Metro...
