Construction & Real Estate

Sarco unit in deal to buy 85pc stake in Advanced Industrial Supplies

Saudi Arabian Refineries Company (Sarco) has announced that its key subsidiary, Masafi Ventures, has reached an agreement with Adwaa Al Khalil Contracting Company to acquire an 85% stake in Advanced Industrial Supplies Company, a leading industrial parts and equipment provider. ...

Construction & Real Estate

Dubai Investments keeps glass, steel, building materials ops running smoothly

Dubai Investments has announced that its integrated manufacturing platform - spanning glass, steel, aluminium and a range of building materials and industrial manufacturing solutions, continues to operate with full operational continuity, supporting construction and infrastructure activity across the region. ...

Construction & Real Estate

Achenbach Buschhütten secures big Saudi aluminium foil plant contract

Leading German group Achenbach Buschhütten has announced that it has secured a major contract from Saudi-based Tahweel Metal Industry Corporation (TMIC) for a fully integrated aluminium foil production plant to be established in Dammam, Saudi Arabia. ...

Construction & Real Estate

PIF in deal to set up integrated aluminium complex in Saudi Arabia

Saudi sovereign wealth fund PIF has reached an agreement with Red Sea Aluminium Holdings (RSAH) to jointly develop an single integrated downstream aluminium complex in Yanbu. The duo aims to introduce advanced smelting and continuous-casting technologies to the Saudi market. ...