Gulf Construction

Saudi Focus

Mega projects ‘to spur Riyadh realty sector’

The ongoing mega-project announcements and improvements to government regulations are expected to boost demand for, and enhance...

Saudi Focus

Two cinema majors plan nearly 1,000 screens

With the Saudi entertainment sector set to make investments worth SR267 billion ($71 billion) in building the necessary...

Saudi Focus

Global giants vie for Yanbu 4 IWP project

Saudi Arabia’s Water & Electricity Company (WEC) said a total of 71 developer consortiums have expressed interest in...

Saudi Focus

SRC eyes Fannie Mae-style $1.1bn sukuk

Saudi Real Estate Refinance Company (SRC) is planning to issue up to SR4 billion ($1.1 billion) of long-term sukuk which is...

Saudi Focus

Third Ascott to open in Al Khobar

Ascott, the world’s largest serviced residence owner-operator, continues to roll out its expansion portfolio in Saudi...

Saudi Focus

$213m water projects unveiled for Jazan

Saudi Arabia is set to develop a total of 27 water and environmental projects in Jazan, including a main sewage treatment plant...

Saudi Focus

TRSDC awards Red Sea nursery deal

Saudi-based Nesma Trading Company said its joint venture with UAE’s Professional Landscape Company has been awarded a design-and-build contract by The Red Sea...