Saudi Focus

Saudi Focus

$4.7bn deals for gas plant

Spain’s Tecnicas Reunidas and Britain’s Petrofac have been selected for contracts worth as much as $4.7 billion to build the Fadhili gas plant in Saudi Arabia...

Saudi Focus

Centres planned

Saudi Arabia has announced plans to construct nine buildings and various centres for Islamic organisations across the kingdom at an estimated cost of SR35 million ($9.32...

Saudi Focus

Tax plan on undeveloped land

Saudi authorities are considering imposing tax on undeveloped urban land across the board, even on small plots, to prevent landowners from evading the levy, the Okaz...

Saudi Focus

L&T wins Riyadh metro deal

Indian engineering and construction firm Larsen & Toubro (L&T) said it has won a contract worth Rs1,070 crore ($162 million) to construct key facilities for...

Saudi Focus

New body to cut project delays

Saudi Arabia has approved the establishment of a special body intended to speed up construction projects in the kingdom stalled by bureaucracy and lack of co-ordination...