Riyadh metro megaproject reaches halfway mark
The Saudi capital is making rapid progress with its $US 23bn project to build six metro lines by the end of the decade, with construction reaching 50% completion in early 2017.
Keith Barrow looks at...
ACES on track with Riyadh Metro works
Arab Center for Engineering Studies (ACES) is currently on track with its part on the Riyadh Metro project, providing specialised services for all three consortia (FAST, ANM and BACS) and their respective subcontractors.
Geotechnical works...
Atkins and SNC Lavalin agree on acquisition terms
Canada's SNC-Lavalin will acquire UK-headquartered consultancy, Atkins, for $2.6bn (£2.1bn), it has been confirmed.
Atkins chief executive Uwe Kruger will step down from his role if the acquisition successfully completes.
SNC-Lavalin will pay £20.80 in cash for...
Finnish firm wins deal to give lift to Riyadh Metro project
Finnish stock exchange-listed Kone Corporation has won an order to supply 418 elevators and escalators for line 3 of the multi-billion dollar Riyadh Metro project.
Kone said in a statement that it will equip Riyadh...
Elevator firm Kone wins order for Riyadh Metro
Finnish elevator firm Kone has been awarded the order to supply 418 elevators and escalators for the Riyadh metro project, it revealed on Monday.
The value of the contract was not disclosed.
Under the deal, commissioned...
Riyadh governor inaugurates Al-Dawadmi projects worth SR2.65bn
RIYADH: Prince Faisal bin Bandar, governor of Riyadh, on Thursday inaugurated projects valued at SR2.65 billion during his visit to the province of Al-Dawadmi.
A number of additional ongoing projects are valued at SR7.35 billion.
The...
Riyadh Metro train car production showcased for journalists
RIYADH: French firm Alstom organized a visit for 40 international journalists to its Katowice plant in Poland to showcase Riyadh Metro’s train car production, the Riyadh Development Authority (RDA) said on its website.
The High...
Saudi Arabia to open a record 68 hotels in 2017
Saudi Arabia will see a record 68 new hotels and 29,033 hotel rooms open across its major cities in 2017, according to a new report.
Riyadh, Jeddah, Al Khobar and Makkah are set to be...