Cayan Group has signed an architectural contract with Japan’s Nikken Sekkei for its upcoming SR1.2-billion ($320 million) mixed-use waterfront at Obhur in Jeddah. Cayan’s new project, which will sprawl over an area of 140,000 sq m, will boast two towers: one a five-star hotel and the other branded residences offering high-end living.

Germany’S Kärcher has opened its first showroom in Saudi Arabia in co-ordination with its exclusive dealer The Ebrahim A Juffali and Brothers Technical Equipment Company (JTECO).

Alstom, a French multinational company operating in the worldwide rail transport markets, has handed over the first of the 69 metro trainsets to Arriyadh Development Authority (ADA) for operation on lines 4, 5 and 6 of Riyadh Metro.

Kone, a global leader in the elevator and escalator industry, has won a major order to supply 418 elevators and escalators for Line 3 of the Riyadh Metro. Line 3 is the longest of the six lines in the project stretching along 41 km and spread across 22 stations.

Hempel Paints has opened a flagship showroom in Jubail as part of its strategic regional expansion plan. The showroom offers a complete solution for home exteriors and interiors in addition to floor coatings and protective paint.

Maaden International Industrial for Metal Company (MIM) has embarked on an expansion drive, having received the go-ahead from its board of directors at the end of last year to invest in boosting its production capacity to meet market requirements.

Design ready for Land Bridge Saudi Arabia has completed the detailed design of its 950-km Land Bridge which  will transform the existing rail network in the kingdom into a world-class freight and passenger rail link across the country.