Construction & Real Estate

Gulf luxury homes need redesign to cope with extreme heat, says expert

Developers across the Gulf region need to fundamentally rethink how luxury homes are designed and built, as rising heat stress exposes the limitations of construction materials and methods that were never engineered for this climate, said a top industry expert. ...

Construction & Real Estate

Saudi group Abdulaziz Al Rashed & Sons sets IPO price range

Saleh Abdulaziz Al Rashed & Sons, a leading provider of construction materials, mining and industrial spare-parts solutions based in Saudi Arabia, has set a price range of up to SAR45 ($12) per share for its initial public offering (IPO) and launched the institutional book-building period. ...

Construction & Real Estate

Saleh Abdulaziz Al Rashed & Sons plans IPO

Saleh Abdulaziz Al Rashed & Sons Company (SAR), a key Saudi provider of integrated construction materials, mining, and industrial spare-parts solutions, has announced its intention to proceed with an initial public offering (IPO) and the listing of its ordinary shares on the Main Market of the Saudi Exchange....