Construction & Real Estate

Saudi Arabia Railways orders 10 new Stadler trains for $360m

Saudi Arabia Railways (SAR) has announced that it has signed an agreement with top Swiss rolling-stock manufacturer Stadler to purchase 10 new passenger trains for over CHF300 million ($360 million). This doubles the fleet of vehicles specially developed for Saudi Arabia to 20 train sets. ...

Construction & Real Estate

DHG starts handover of $200m Helvetia Residences in JVC

DHG Properties, a part of Swiss real estate and construction group DHG, has officially begun the handover of its Helvetia Residences project in Jumeirah Village Circle (JVC). A $200 million residential project, it features 430 homes across 25 floors with a mix of studios and one- to three-bedroom apartments. ...

Construction & Real Estate

Swiss group CTS, Desert Tech ink 300MW Saudi AI data centre venture

Switzerland-based CTS Group, a specialist in the design and development of data centres, has announced that it has joined hands with Saudi clean energy and smart infrastructure company Desert Technologies to set up a new data centre facility with an annual capacity of 300MW in Saudi Arabia. ...

Construction & Real Estate

Georg Fischer opens new commercial office in Riyadh

Georg Fischer (GF), a Swiss company dedicated to the manufacture, supply and marketing of thermoplastic piping systems, has announced the opening of its commercial office in Riyadh. With this move, GF aims to bring its global Flow Solutions expertise closer to its customers in Saudi Arabia....

Construction & Real Estate

DHG Properties unveils third premium Helvetia property in Dubai

DHG Properties, a leading Swiss real estate developer with a major presence in the UAE, has launched its latest premium residential development - Helvetia Marine - on Dubai Islands. This marks DHG’s third project in Dubai under its Helvetia real estate brand. ...