L&T consortium wins big Saudi Aramco projects deal
India's top engineering and construction firm Larsen & Toubro (L&T) said its hydrocarbon engineering unit, in consortium with Subsea 7, ...
Tag: Saudi Arabia
Saudi banks set for most growth in four years
Saudi banks may report double-digit earnings growth this year as rising interest rates and increased government spending offset the risk ...
Riyadh eyes future with leisure complex
Saudi Arabia announced plans Wednesday to build an entertainment complex in the capital Riyadh, the latest in a series of ...
Saudi Arabia to tender six water projects in 2019
Saudi Arabia plans to tender or award six water-related projects in 2019 as it pushes ahead with a privatization program ...
Red Sea unveils masterplan for mega tourism project
The Red Sea Development Company, a wholly-owned entity of Saudi Public Investment Fund (PIF), has unveiled the masterplan of its ...
Saudi 2019 budget boosts spending in bid to spur sluggish economy
Saudi Arabia plans to increase state spending by 7 percent next year in an effort to spur economic growth that ...
Saudi Arabia aims to attract over $18 billion-investments in transportation
Saudi Arabia plans to attract investments in the transportation sector worth more than SAR70 billion ($18.6 billion) by 2020. In ...
Saudi-Iraqi economic cooperation expected to improve
The Council of Saudi Chambers has expected the coming period to witness a surge in Saudi commodities and products into ...
Saudi Arabia plans $400bn spending on IKTVA program
Saudi Arabia plans to spend more than SR1.5 trillion ($400 billion) on its In Kingdom Total Value Add (IKTVA) program ...
Qatar, Kuwait to drive GCC growth in 2018 and 2019: IMF
Qatar’s FIFA 2022-linked infrastructure investments and Kuwait’s implementation of five-year development plans will be the GCC growth triggers in 2018 ...
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