A joint venture (JV) between Alec Saudi Arabia Engineering and Contracting and El Seif Engineering Contracting has secured a $750m contract from Qiddiya Investment Company (QIC) to build a water theme park in Saudi Arabia.
UAE-based property development firm Arada has launched an upscale apartments complex, Nasaq District in Sharjah, UAE.
UAE-based property development firm Arada has awarded a contract worth $87.65m (AED322m) to Mohammed Abdulmohsen Al-Kharafi & Sons (Al-Kharafi) to construct eight premium apartment buildings in New Sharjah.
Spanish engineering and renewables group Abengoa has completed the construction of three 200MW parabolic trough plants that are part of Phase IV of the Mohammed bid Rashid Al Maktoum Solar Park (MBR), being developed in the Saih al Dahal area, around 50km south of Dubai, the UAE.
Italy’s Webuild Group, through its subsidiary Salini Saudi Arabia, has secured a $1.06bn contract to build a multi-storey car park in Riyadh, Saudi Arabia.
Saudi Arabian energy company ACWA Power has broken ground on a 240MW wind power project in Azerbaijan.
The Oman Tourism Development Company (OMRAN Group) has partnered with real estate development company Diamond Developers to deliver the first phase of the Yiti Integrated Tourism Development.
Real estate developer Select Group has awarded a construction contract worth $171m to China State Construction Engineering Corporation Middle East (CSCEC ME) for the first phase of its Peninsula development.
Knowledge Economic City Company (KEC) has reportedly secured $208.2m (SAR782m) long-term Murabaha financing facility to build the first phase of its key mixed-use district project in Madinah, Saudi Arabia.
McDermott Middle East has secured an engineering, procurement, construction, and installation (EPCI) contract from QatarEnergy for the offshore facilities of the North Field Expansion project.