Work begins on Sharaan resort at AlUla
The Royal Commission for AlUla (RCU) has announced that work has begun on its Sharaan Resort and International Summit Centre project, coming up in the Saudi mountain region.
More...SNC-Lavalin wins key Jeddah, Riyadh deals
SNC-Lavalin, a global leading engineering and construction group, said last month that it has been awarded contracts for two key projects, one in Jeddah – the Historic Jeddah development – and the other in Riyadh – King Salman Park.
More...Key progress made on Oxagon’s power projects
India's top engineering and construction firm Larsen & Toubro (L&T) has announced that one of its key units – Power Transmission and Distribution (T&D) – has achieved major milestones on the $2.
More...IGY to develop Sindalah island marina
IGY Marinas, a worldwide network of luxury marinas, said it is partnering with Neom to develop and operate the prestigious marina at Sindalah, the luxury island destination within the $500-billion city.
More...Neom secures $5.6bn residential investments
Neom has announced that it has finalised contracts with investors for the first phase of its residential communities’ expansion, a social infrastructure project that will house the region’s growing workforce. The agreement amounts to a total value of over SR21 billion ($5.
More...Minor Hotels to set up 270-key mountain resort
Minor Hotels, an international hotel owner, operator and investor, has reached an agreement to develop a new 270-key resort under its Anantara brand in Trojena, the year-round mountain destination within Neom.
More...Mawani, TACL to build Yanbu bunker station
Saudi Ports Authority (Mawani) has signed a deal with Alba Nova International and Taraf Alagar Company (TACL) to set up an integrated bunker station at Yanbu’s King Fahad Industrial Port in partnership with the Ministry of Energy.
More...Jubail 3A water desal plant starts operation
Acwa Power, a leading developer, investor, and operator of power generation, water desalination, and green hydrogen plants worldwide, along with its partners Gulf Investment Corporation (GIC) and AlBawani Water & Power Company (AWP), have inaugurated Jubail 3A independent water desalination plant (Jazlah Water Desalination Company).
More...JuffaliTrucks expands portfolio
JuffaliTrucks, a leading provider of pre-owned trucks in Saudi Arabia, has announced that it is expanding its product portfolio to include a variety of trailers and other associated equipment. JuffaliTrucks is a member of the Juffali Group, a leading conglomerate in Saudi Arabia.
More...RSG in deal for carbon negative concrete
Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, The Red Sea and Amaala, said it has reached an agreement with Partanna, the pioneer of the world’s first carbon negative concrete, for a pilot project that will see the installation of 11,000 paving slabs within its meg
More...Hassan Allam JV lands Red Sea project deal
Leading Egyptian group Hassan Allam Holding has announced that its joint venture with Saudi-based Rawabi Specialised Contracting, has secured a major construction contract from multi-project developer Red Sea Global (RSG) for The Six Senses Residence and Hotel project in Amaala, the ultra-luxury destination located along Saudi Arabia’s northw
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July 2023 (Volume xliv Issue 7)