Arabian Vehicles & Trucks Industry (AVI), a joint venture between Zahid Tractor & Heavy Machinery and Volvo Truck Corporation, has commenced production at its new facility located in the Industrial Valley of King Abdullah Economic City (KAEC) in Saudi Arabia’s Western Province.
Dubai-based X-Architects has unveiled the winning masterplan for Makkah, which aims to cater to the requirements of the rising numbers of pilgrims each year. Islam’s holiest city is projected to host some 20 million Haj pilgrims by 2030.
Pilosio, a leading European player in the production of scaffolding systems for the construction industry, said it is working on a multi-million-dollar contract in Saudi Arabia to support the mammoth expansion project of Prophet’s Mosque in Madinah.
Multinational energy company Himoinsa has delivered 29 generator sets to provide standby power to various sections of the Haramain High-Speed Railway line that crosses the coastal and desert areas of Saudi Arabia, between Makkah and Madinah.
Saudi Arabia’s General Authority of Civil Aviation (GACA) has awarded a SR1.48-billion ($394 million) contract to Muhaidib Contracting Company for the expansion of Prince Naif Regional Airport in Al Qassim region of the kingdom, said a report.
Sedco Development, a key developer in Saudi Arabia, has been awarded a contract for the construction of Gardenia Residence, a project in Jeddah owned by the AlAhli Sedco Residential Development Fund in partnership with Ghoneim International Company.
About ninety-six per cent of the work on the Haramain High-Speed Rail Project connecting the Saudi cities of Jeddah and Makkah has been completed and the project is on track for operation by the end of 2016, said a report.
Saudi stadium plan scaled back Saudi Arabia’s plans to dramatically increase the size and scope of football stadiums around the country have “been shelved” because of the impact of falling oil prices, sources have told Reuters.