LEADING Saudi-based paint manufacturer Sigma Paints has launched two new ranges of decorative textures – one for exteriors and the other for interiors.
BOUYGUES Bâtiment International, a subsidiary of the French Bouygues Construction group, has won a contract to build a vast real estate project in Doha, Qatar. The project, totalling QR4.75 billion ($1.3 billion), was awarded by Barwa Financial District, a subsidiary of Barwa Real Estate, the largest semi-public property group in Qatar.
AKWAAN Properties’ Bilda Building and Design City was awarded ‘Project of the Year 2009’ at the Kingdom Excellence Awards, which were held alongside the Kingdom Project Expansion and Investment Summit in Riyadh, Saudi Arabia, last month. The summit and awards were organised by Naseaba, a business information company.
SAUDI Arabia has started work on an ambitious light-rail project exclusively for its capital Riyadh, where 36 stations will be built in the first phase. This project is aimed at reducing congestion in a city where 87 per cent of the population uses private cars as the primary mode of transport.
IN CONJUNCTION with its local partner Abdulla Fouad Holding Company, GE Sensing and Inspection Technologies opened a $1-million non-destructive testing (NDT) application centre in Dammam, Saudi Arabia.
HEMPEL Paints, a leading global decorative and protective paints company, has chosen Bahrain for inaugurating its first regional research and development (R&D) centre focused on the decorative segment.
THE GULF Co-operation Symbols Contracting Company (GCS) is currently busy constructing an embassy for Saudi Arabia’s Ministry of Foreign Affairs in Amman, Jordan.The turnkey project, which includes an employee camp, is to be built over an area of 30,000 sq m.
QATAR has signed a deal worth QR91 billion ($25 billion) for an integrated railway project with German rail and logistics giant Deutsche Bahn.Qatari Diar Real Estate Investment Company signed the venture with Deutsche Bahn (DB) to create the Qatar Railways Development Company (QRDC).
CONSTRUCTION of the world’s longest marine causeway that will link Bahrain and Qatar will begin in the first quarter next year, with completion due by 2015.
SAUDI Arabia’s Al Muhaidib Technical Supplies Group (MTSG) took advantage of a weak market in 2009 to consolidate its operations following recent acquisitions and position itself for a “strong 2010”.
Danieli to build Hadeed plantSaudi Basic Industries Corporation (Sabic) affiliate Saudi Iron and Steel Company (Hadeed) has signed an agreement with Italy’s Danieli for the construction of a steel plant and a production line for galvanising long products in Jubail, Saudi Arabia.
