Almar Water Solutions, through Abdul Latif Jameel and Rawafid Alhadarah, and its consortium partners Spanish infrastructure company Acciona and Japanese firm Marubeni Corporation have laid the foundation stone at the IWP Shuqaiq-3 desalination project in Saudi Arabia on the Red Sea coast.
Saudi Arabia has commenced construction on urban development projects, including the world’s largest park, with an investment of $23bn (£18.5bn) to transform the city of Riyadh into an attractive destination.
A consortium of Orascom Construction and Siemens has signed an agreement with Iraq’s Ministry of Electricity to rebuild Baiji 1 and Baiji 2 power plants in northern Iraq.
Abu Dhabi-based developer Imkan has selected Chinese construction company China Nantong Sanjian Construction Group (CNTC) as the main contractor for the Pixel, a 85,000m² mixed-use development in Abu Dhabi.
Dubai Electricity and Water Authority (DEWA) has selected a consortium of Strabag Dubai, Strabag, Andritz Hydro and Ozkar for the construction of the AED1.437bn (£316m) pumped storage hydroelectric power station in Hatta, Dubai.
The Red Sea Development Company (TRSDC) has commenced development of the Coastal Village, a residential and commercial area for the workers, staff and management of The Red Sea Project in Saudi Arabia.
Global hospitality firm Hilton has signed a master development agreement with international franchise operator Alshaya Group to develop 70 Hampton by Hilton hotels in nine countries.
The Asian Infrastructure Investment Bank (AIIB), the European Bank for Reconstruction and Development (EBRD) and the Black Sea Trade and Development Bank (BSTDB) are co-financing a financial package worth $350m (£280m) for three new units at EFELER, the largest geothermal power plant in Turk ...
Transportation technology company Virgin Hyperloop One is planning to build a long-range hyperloop test track in Saudi Arabia.
Greek construction company Archirodon has won a contract from The Red Sea Development Company (TRSDC) for enabling works at the 28,000km² The Red Sea Project luxury tourism development on Saudi Arabia’s west coast.
Projects overseen by the company include bridges, spanning roads, valleys and water; planning and constructing commercial and industrial zones; conveyance and storage systems for the water industry; roads; urban development and regeneration; architec ...