Saudi Arabia in ground-breaking national hyperloop study
Saudi Arabia has announced a major agreement with Virgin Hyperloop One (VHO), the world’s leading hyperloop company, for a groundbreaking ...
Country: Saudi Arabia
GCC project market riding high on $3.1 trillion projects
Its boom time for the GCC’s construction sector with several big-ticket projects and major infrastructure development plans underway such as ...
Qiddiya awards contract for Saudi entertainment city project
Qiddiya Investment Company (QIC) has kickstarted 2020 by awarding the first construction contract of the year to Abdul Ali Al ...
Riyadh’s residential market witnesses solid growth in 2019
The residential sector in the Saudi capital Riyadh has witnessed significant activity levels in 2019, according to new data released ...
Neom to build desalination plant with ‘solar dome’ technology
Saudi Arabia's futuristic $500-billion new city Neom has signed an agreement with the UK-based Solar Water Limited for the construction ...
Saudi Arabia sees record year for foreign investment
A total of 1,131 new international companies set up operations in Saudi Arabia last year, marking a 54 percent increase ...
Saudi Arabia issues RFQ for Round Three of National Renewable Energy Program
Saudi Arabia has issued a request for qualifications (RFQ) for Round Three of its National Renewable Energy Program (NREP). The ...
Saudi non-oil sector posts 4.3 percent growth in Q3
Saudi Arabia’s non-oil sector GDP reported a year-on-year (y-o-y) growth of 4.3 percent in the third quarter (Q3) of 2019 ...
Saudi Arabia unveils 2020 budget with $272bn spend
Saudi Arabia’s King Salman bin Abdulaziz Al Saud issued a royal decree today (December 9) on the general budget for ...
New airport terminal boosts hotel rates, occupancy in Jeddah
The opening of a new airport terminal in Jeddah helped hoteliers as demand for rooms rose by more than 30 ...
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