• Saudi Aramco plans to set up new construction unit

    NON-OIL SECTOR BOOST
    State oil giant Saudi Aramco plans to set up a new construction company with local and international partners to build non-oil infrastructure in Saudi Arabia, said a report citing senior industry sources.

  • Haven set for debut Bahrain property show


    Haven Real Estate is set to showcase some of its finest real projects in Bahrain - including the Sama Villa and Sama Views Residential Tower developments - during its debut appearance at Bipex property expo.

  • Saudi firms eyeing solar to blunt rising power price risk

    VISION 2030 MASTERPLAN
    More and more Saudi companies are turning to solar electricity to hedge the risk of rising power prices if energy subsidies are cut, said one of the top industry experts in the region.

  • Saudi fund launches real estate refinance company

    STIMULATING HOUSING SECTOR
    Saudi Arabia's Public Investment Fund (PIF) has launched a new real estate refinance company, in line with its Vision 2030 objectives of boosting the property market and raising the rate of home ownership among its citizens.

  • Jabal Omar inks deal for new Four Seasons hotel in Makkah


    Jabal Omar Development Company, one of the Middle East’s leading developers, has signed an agreement with hospitality chain Four Seasons Hotels for a new property in Makkah, Saudi Arabia.

  • Matic achieves key cleaning services milestone


    Matic, a leading marketplace for cleaning services in the GCC region, has announced that it has successfully completed two million hours of domestic part-time cleaning through bookings on its platform.

  • Rowan-Aramco JV kicks off drilling ops


    US-based Rowan Companies, a global provider of contract drilling services, has announced that ARO Drilling, a 50/50 joint venture with the Saudi Arabian Oil Company (Saudi Aramco), has commenced operations.

  • Qatar opens new E Ring Road underpass


    Qatar's Public Works Authority (Ashghal) has opened a new 700-m-long underpass on the Mesaimeer Interchange in Doha as part of its efforts to ease the traffic between the Industrial Area and the E Ring Road.

  • Saudi Aramco unveils new water conservation strategy


    State-run oil giant Saudi Aramco is introducing its water preservation and conservation solutions and initiatives at the fifth edition of the Water Arabia Conference and Exhibition being held in Al Khobar, Saudi Arabia.

  • UL to set up smart grid testing facility in Saudi Arabia

    WORLD-CLASS CERTIFICATION
    Global safety science company UL said it has joined hands with Saudi-based GCC Lab to develop a first-of-its-kind hi-tech renewables and smart grid testing facility in the Middle East and North Africa (Mena) region at Dammam, Saudi Arabia.

  • Petrofac wins Iraq project management contract


    Petrofac, a leading international service provider to the oil and gas industry, said it has been awarded a project management consultancy services contract for the Halfaya Contract Area in southern Iraq.

  • UK student property sector woos Gulf investors


    Select Property Group, a premium British property developer, retailer and operator, is offering GCC investors the last chance to invest in its award-winning purpose-built student accommodation (PBSA) portfolio, Vita Student.

Building & Construction Window


Construction News

Saudi Aramco plans to set up new construction unit

State oil giant Saudi Aramco plans to set up a new construction company with local and international partners to build non-oil infrastructure in Saudi Arabia, said a report citing senior industry sources....



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