Friday 10 January 2025
 
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infrastructure development

How Saudi infrastructure development can match the tourism boom

With Saudi Arabia setting a new goal to attract 150 million visitors over the next six years, having achieved ahead of schedule the target of ‘100 million visitors by 2030’, there is a need to increase the pace of developing giga pro

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Bahrain's key infrastructure development projects on track

Bahrain has announced that work is in full swing on several of its key infrastructure development projects across the northern governorate and is progressing as per schedule.    These include the work relate

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IsDB seals $397m Uzbek infrastructure development projects

Saudi-based Islamic Development Bank (IsDB) said it has signed three financing agreements worth $396.7 million with Uzbekistan to support the development of critical infrastructure and social services in the Central Asian nation. These pacts a

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Roshn awards $2.1bn Saudi infrastructure project contracts

Roshn, a leading Saudi community developer powered by the kingdom's sovereign wealth fund PIF (Public Investment Fund), has signed agreements worth SR8 billion ($2.1 billion) with top construction firms for the development of modern infras

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Saudi Arabia to pump $186bn into key development projects

Saudi Arabia is investing more than SR200 billion ($53.2 billion) in various development projects in a bid to boost infrastruture for vital sectors such as transport, water and energy, said King Salman bin Abdulaziz Al Saud, while delivering t

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Sumou seals major Riyadh infrastructure development deal

Sumou Real Estate Company, a leading developer in Saudi Arabia, has announced that it has signed a key infrastructure development agreement with Adeer Asar Real Estate Company for a plot of land in capital Riyadh which is spread over a 3 milli

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Saudi Arabia inks $10.6bn city infrastructure deal

Saudi Ministry of Municipal and Rural Affairs and Housing (Momra) has signed an agreement worth more than SR40 billion ($10.6 billion) for the development of infrastructure in 11 cities across the kingdom, reported the Saudi Press Age

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Saudi Arabia signs $1.15bn infrastructure development projects

Saudi Arabia has announced plans to implement 11 major infrastructure development projects worth more than SR4.3 billion ($1.15 billion) covering key cities in the kingdom's Eastern Province. Of these majority are aimed at boosting water s

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Al Akaria awards key Saudi infrastructure development contract

Saudi Real Estate Company (Al Akaria) has signed up Al Ojaimi Contracting Group to execute the design and implementation of infrastructure works for its land plots in the capital Riyadh. As per the SR119.80 million ($31.9 million) con

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Sharjah infrastructure development authority renamed Mubadara

HH Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued a decree renaming Authority for Initiatives Implementation and Infrastructure Development (AIIID) as Mubadara.  

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