Saudi Focus

Saudi Focus

Jeddah Tower wins $959m funds

Saudi-based Jeddah Economic Company (JEC) has secured Shari’a-compliant financing of up to SR3.6 billion ($959.4 million) from Alinma Bank for Phase One of its...

Saudi Focus

Airports free zones eyed

Saudi Arabia’s General Authority of Civil Aviation (GACA) is in talks with government agencies to set up free zones at Jeddah and Riyadh airports as part of a long-...

Saudi Focus

Six vie for contract

PetroRabigh has received bids from up to six foreign engineering companies for the construction of new units at its petrochemical and refining complex...