Universal Building Materials Merchants Company (UBM), Saudi Arabia’s leading building materials company for the past 40 years, was recently honoured for its performance in the kingdom.

Saudi Arabia’s Water & Electricity Company (WEC) has invited expressions of interest (EOIs) for the development of an independent water and power project (IWPP) to be located at Jubail Industrial City on the Arabian Gulf coast.

Saudi Arabian crane rental company Arabian Consolidated Trading (ACT Crane & Heavy Equipment) is expanding its fleet with an order for four Demag AC 160-5, two AC 300-6 all-terrain cranes and four Terex RT 90 rough-terrain cranes. The new units help support ACT customers around its locations at Jubail Industrial City and Yanbu Al-Bahr.

Saudi Arabia and Egypt have jointly set up a $10-billion fund to develop a planned $500-billion mega-city and a business zone, with the latter committing over 1,000 sq km of land in the south Sinai region, said a report.

Saudi Railway Company (SAR) will soon float tenders for its Riyadh-Dammam and the Land Bridge railway projects, it was revealed at the recent Middle East Rail 2018 event in Dubai, UAE.

10 Genie XC booms delivered Saudi Arabian heavy equipment rental company Bin Quraya, a member of the Bin Quraya Group, recently invested in ten, 40-m (131 ft) Genie Xtra Capacity (XC) boom lifts to support the needs of Saudi Aramco, the company’s key customer.