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Gulf Construction Online
  • Spanish group Ayesa wins PMC contract for big Aramco stadium

    47,000-SEAT SPORTING ARENA
    Spanish engineering group Ayesa has secured the project management consultancy (PMC) contract for the new 47,000-seat Aramco Stadium in Al Khobar. Set for completion in 2026, it will boast cutting-edge sports and leisure facilities as well as retail areas

  • Tarshid teams up with Irada for Saudi green hospital project


    Saudi national energy services company Tarshid has announced that it has partnered with Al Amal Mental Health Hospital (Irada) for an energy efficiency project targeting 19 of the buildings within its medical complex in AlQurayyat region of the kingdom.

  • Dubai Land Department launches Smart Rental Index 2025


    Dubai has announced the launch of Smart Rental Index, marking a transformative milestone in regulating and developing its real estate sector. This index represents a comprehensive system that integrates the latest technologies and real estate expertise.

  • EmiratesGBC in deal to advance UAE sustainable urban development


    The Emirates Green Building Council (EmiratesGBC) has signed an agreement with the Global Green Growth Institute (GGGI) for joint collaboration on promoting sustainable, climate-resilient, inclusive and green urban development in the UAE.

  • Bahrain developer Al Areen names new finance chief


    Al Areen Holding, a leading real estate developer in Bahrain, has appointed Noor Abdulla AlKooheji as its new Chief Financial Officer. She has 13 years experience in the sector with a proven track record in developing financial strategies and planning.

  • Dubai real estate market sets all time record in 2024


    A record-breaking year for Dubai’s real estate, with new milestones set throughout 2024, culminated in an all-time peak of 180,900 deals worth AED522 billion ($142 billion), said a report. The secondary market witnessed a 21% increase in re-sales.

  • Bahrain invites bids for key sewerage project


    Bahrain has invited bids from major utility project developers for a key sewerage project in Malkiya region. The scope of work includes construction and installation of a gravity sewer by open trench as well as setting up a new 180 LS pump station.

  • SRC in deal to boost liquidity in Saudi real estate finance


    Saudi Real Estate Refinance Company (SRC) said it has signed a deal with Hassana, the investment arm of General Organisation for Social Insurance, aimed at expanding the financial market and boosting liquidity in the kingdom's real estate finance sector.

  • Saudi group First Avenue to set up new real estate fund


    Saudi-based First Avenue for Real Estate Development has signed an agreement with Awj Real Estate to set up a new real estate fund that aims at acquiring and developing commercial, office and hospitality projects across the kingdom.

  • Batic unit lands Haramain Railway supply contract


    Saudi-based Batic Investments and Logistics Company said one of its key units has secured a major contract to provide equipment and tools for the Haramain High-Speed Railway network in addition to trained security guards for a three-year period.

  • City Cement to buy Umm Al Qura stake through capital hike


    Saudi-based City Cement Company has announced that it has reached an agreement with Umm Al Qura Cement Company to acquire its entire stake by increasing capital through issue of new shares in the company.

  • Jabal Omar announces sale of key Makkah plot for $359m


    Saudi-based Jabal Omar Development Company has anounced that it has signed an agreement with Durat Taibah Investment Company for the sale of a plot of land located within its project in Makkah city for a total value of SAR1.35 billion ($359 million).

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Spanish group Ayesa wins PMC contract for big Aramco stadium

Spanish engineering group Ayesa has secured the project management consultancy (PMC) contract for the new 47,000-seat Aramco Stadium in Al Khobar. Set for completion in 2026, it will boast cutting-edge sports and leisure facilities as well as retail areas...


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