Construction & Real Estate

Amana in deal to set up $266m hospital at New Murabba development

New Murabba, a unit of sovereign wealth fund PIF and the master developer of Riyadh’s modern downtown, has signed an agreement with Almana Medical Group to develop a 200-bed general hospital within its mega Saudi destination at a total investment of SAR1 billion ($266 million). ...

Construction & Real Estate

Saudi NCP launches tender for 391-bed Makkah university hospital

Saudi National Center for Privatization & PPP (NCP) has invited bids for the development of a 391-bed hospital in Umm Al Qura University, Makkah, as a public-private partnership venture. The project will be delivered under a 30-year design-build-finance-operate-maintain (DBFOM) contract. ...

Construction & Real Estate

Qatar announces tendering, awarding of 20 projects worth $3.16bn

Qatar's Public Works Authority (Ashghal) has announced progress on 20 new projects with a total estimated value of QR11.5 billion ($3.16 billion)....

Construction & Real Estate

Medcare launches its second hospital in Sharjah

Medcare, one of the leading providers of premium healthcare services in the UAE, has announced the opening of its new Medcare Hospital Sharjah, a purpose-built tertiary care hospital located on Shaikh Saqr Al Qasimi Street in the heart of the Sharjah emirate. ...

Construction & Real Estate

Red Sea International awards hospital construction contract

Red Sea International Company has announced that its key subsidiary, Fundamental Installation for Electric Work Company, has secured a construction contract from Al Arab Hospital Company for the construction of a premium healthcare facility in Jeddah. The entire work on the 19-storey hospital will be completed within 420 days. ...