Tag: Infrastructure

Construction & Real Estate

Salco Saudi lands Knowledge Economic City project work deal

Knowledge Economic City has announced that one of its key subsidiaries Algharraa International Real Estate has awarded an infrastructure works contract to Salco Saudi Contracting for the Southeastern District project coming up within its premises in Madinah. ...

Construction & Real Estate

RCRC readies 456-sq-km master plan for Northeast Riyadh

The Royal Commission for Riyadh City (RCRC) said it had completed the master plan for Northeast Riyadh, laying out the framework for the development of a 456-sq-km area earmarked for future infrastructure, housing and commercial investment. ...

Construction & Real Estate

Dewa unit explores global infrastructure opportunities with ING, Actis

Dewa International, the overseas investment arm of Dubai Electricity and Water Authority, is pursuing global growth through new tie-ups with international financial and infrastructure investors. Its senior leadership held a meeting with ING and Actis in London to explore opportunities in power and water projects. ...

Construction & Real Estate

Bahrain opens first phase of North Isa Town Interchange project

Bahrain has announced the opening of the first phase of North Isa Town Interchange project, allowing traffic onto a new flyover designed to ease congestion on one of the kingdom's busiest highways. It is part of Bahrain's wider infrastructure development programme linking Riffa, A'ali, Sanad, Salmabad and Isa Town. ...

Construction & Real Estate

Saudi PIF unit sets up sports infrastructure venture with Live Nation, Oak View

SURJ Sports Investment, a Saudi PIF company, together with Live Nation and Oak View Group (OVG), has announced the launch of radia, a joint venture to support the growth of the kingdom’s sports infrastructure - including venue management, operations, activations and commercialisation....

Construction & Real Estate

Oman pushes ahead with $273m road infrastructure programme

Oman has begun implementing RO105 million ($273 million) road projects in North A'Sharqiyah Governorate as it expands the country's transport infrastructure under its Vision 2040 strategy. These include building of new roads, expansion of existing network and the dualisation of key highways. ...

Construction & Real Estate

Dubai plans soft mobility upgrades in 25 residential areas by 2030

Dubai's Roads and Transport Authority (RTA) has approved a five-year plan to expand the emirate's soft mobility network through 2030. The plan encompasses infrastructure development across 25 residential areas and upgrades to the facilities at 63 public transport stations. ...

Construction & Real Estate

Bahrain pushes ahead with Muharraq city redevelopment plan

Bahrain is accelerating the redevelopment of Muharraq, rolling out infrastructure and public space upgrades as part of a wider strategy to revitalise one of the kingdom's most historic cities. The scope of work includes road development as well as upgrade of stormwater drainage and utility networks. ...

Construction & Real Estate

Saudi PIF, I Squared Capital sign $2bn infrastructure deal

Saudi sovereign wealth fund PIF said it has signed an agreement with infrastructure investor I Squared Capital to explore the deployment of up to $2 billion in real estate and infrastructure assets owned by the sovereign wealth fund and its portfolio companies. ...

Construction & Real Estate

Nemetschek launches AI-powered Bluebeam Max in Middle East

Nemetschek, a global leader in construction artificial intelligence, has launched its AI-powered Bluebeam Max software across the Middle East region, targeting growing demand for digital tools in the region's architecture, engineering, construction and operations (AEC/O) sector. ...

Construction & Real Estate

Qatar opens first smart mosque with solar power, water recycling

Qatar has inaugurated its first smart mosque, featuring renewable energy and water-saving technologies, as it seeks to modernise mosque infrastructure and promote sustainability. The complex has been built on a 4,015-sq-m site using a contemporary architectural design. ...

Construction & Real Estate

AtkinsRéalis snaps up major Riyadh Metro, road infrastructure projects

AtkinsRéalis has secured a major contract from the Royal Commission for Riyadh City (RCRC) to provide engineering services and supervision contracts to support the operation and expansion of the Riyadh Metro network and oversee key road infrastructure development projects across Riyadh. ...

Construction & Real Estate

King Salman airport set to tender two infrastructure contracts

Saudi Arabia's King Salman International Airport Development Company (KSIADC) is preparing to tender two new infrastructure contracts for King Salman airport in Riyadh after completing the contractor prequalification stage. It aims to accommodate up to 120 million passengers by 2030, said a report. ...

Construction & Real Estate

Parsons lands Lusail City construction management contract

Parsons Corporation said it has secured a three-year contract to provide construction management as well as construction supervision services for the Lusail City Infrastructure Program, a master-planned development north of Doha, Qatar. ...

Construction & Real Estate

Saudi residential, infrastructure projects drive construction growth in June

Business activity across the Saudi construction sector gained considerable momentum in June, supported by stronger performances across residential, non-residential structures (office/commercial, institutional, industrial) as well as infrastructure (transportation, energy/utilities), said a report. ...

Construction & Real Estate

Nesma lands King Abdullah Economic City infrastructure contract

Saudi developer Emaar, The Economic City has announced that it has awarded an infrastructure construction contract worth SAR547.4 million ($146 million) to Nesma & Partners for key projects within the Special Economic Zone in the Industrial Valley of King Abdullah Economic City (KAEC). ...

Construction & Real Estate

Abu Dhabi introduces cooling load standards for sustainable construction

Abu Dhabi has launched a Cooling Load Manual aimed at improving energy efficiency in buildings by enhancing the accuracy of cooling system design, a move expected to reduce equipment and infrastructure costs, electricity consumption and operating expenses. ...

Construction & Real Estate

Dubai announces $4.9bn infrastructure development projects

Dubai has announced plans to develop several landmark projects at a total investment of AED18 billion ($4.9 billion), covering infrastructure, culture, trade, investment and urban development, as the emirate seeks to support long-term economic growth and improve quality of life, said a report. ...

Construction & Real Estate

Saudi NWC completes $640m water infrastructure programme in H1

Saudi Arabia's National Water Company (NWC) has announced that it has completed 50 water and sanitation projects worth more than SAR2.4 billion ($640 million) in the first half of the year as the kingdom seeks to expand infrastructure and improve public services under its Vision 2030 programme. ...

Construction & Real Estate

Saudi PMU awards $262m contract for specialty hospital in Al Khobar

Saudi Arabia’s Prince Mohammed bin Fahd University (PMU) has awarded a SAR994 million ($262 million) contract for the construction of a new specialty hospital within its premises at Al Khobar in the kingdom's Eastern Province. The 10-storey healthcare facility will come up on a 60,000 sqm area. ...