Ground was broken for the €840m Diriyah Square – Package 2 Super-Basement Works, a multi-level car park to be constructed by Webuild in Riyadh, Saudi Arabia.
The joint ventures of Spanish construction major FCC Construction and South Korea's Samsung C&T Corporation have secured drill and blast tunnelling contracts to accelerate work on Saudi Arabia's futuristic $500bn-new city Neom.
The government of Israel plans to boost construction of houses to stabilise increasing housing prices as demand outstrips supply, reported Reuters.
China Railway 18th Bureau Group has won a contract from Saudi Arabia-based Rua Al Madinah Holding Company to build a 5km-long tunnel in Madinah.
Mawani, also called the Saudi Ports Authority, has extended the deadline for submission of bids by a week to 14 June for the main works package at King Abdulaziz Port in Dammam city.
State-owned Qatar Energy (QE) has selected Exxon Mobil, TotalEnergies, Royal Dutch Shell and ConocoPhillips to serve as partners for expanding the North Field liquefied natural gas project, reported Reuters, citing people with knowledge of the matter.
Retal Urban Development, a Saudi Arabia property developer, has plans to raise $383.92m (SAR1440m) through the initial public offering (IPO).
Al Dhafra Pipeline & Contracting Company (APCC) has secured a $11m (AED40m) contract from UAE-based Jubail Island Investment Company (JIIC) to build a new 66-berth marina in Marfa Al Jubail community in Jubail Island, UAE.
Saudi Arabia has plans to construct the world's largest buildings in an unpopulated area as part of a new $500bn development, called NEOM, reported Bloomberg, citing people aware of the matter.
JGC Arabia, the Saudi subsidiary of Japanese engineering group JGC Holdings, has secured a contract from Aramco to perform engineering and construction work for Saudi oil major’s processing facilities within the Zuluf field.
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 ...