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UAE to pump Dh858b into tourism projects
Tourism-related projects will drive the construction industry in the coming decade with approximately Dh858 billion ($234 billion) to be pumped into the sector during the next eight years.
Manitowoc cranes help build large Saudi Arabian university
MANITOWOC — More than 180 Potain tower cranes, Grove mobile cranes and Manitowoc crawler cranes are helping build the world’s largest women-only university in Riyadh, Saudi Arabia, according to a news release.
Saudi Arabia Awards Airport Improvement Contracts
Saudi Company for Limited Services and Mohammed Bin Laden Company have received a SAR253m ($67m) contract for Prince Abdul-Mohsen Bin Abdul Aziz Airport in Yanbu, Al-Baha Airport, Rabegh Airport, Taif Airport and GACA headquarters in Jeddah.
Three Groups Bid to Build Four Mecca-Medina Train Stations, Awsat Reports
Three groups led by Saudi Binladin Group, Freyssinet Saudi Arabia and Saudi Oger bid for construction of four passenger stations on the rail line linking Mecca and Medina, Asharq al-Awsat reported, citing Saudi Railways Organization President Abdulaziz al-Hokail.
MMC’s Saudi port project to go on despite harbour being aborted
MMC announced yesterday that the tender for the harbour construction in JEC had been aborted in view of the impending change to the Jazan Oil Refinery’s location as requested by Saudi Aramco. In a filing with Bursa Malaysia, MMC said the port location would be changed accordingly and the details were being studied to finalise the changes.
Emirates’ success is good news for Dubai
Even as Flanagan was detailing some of Emirates’ expansion plans, Saudi Arabian budget carrier Sama Airlines discontinued its operations because of heavy losses. It is an indication of the strength of the business, its management and its workforce that the airline is able to thrive in difficult times for its industry.
Saudi’s Sama Airlines Says Temporarily Suspending Operations
Saudi Arabia-based low-cost carrier Sama Airlines said in a statement Sunday that it is temporarily suspending operations after it failed to obtain financing from investors or government support.
Maytas confirms Saudi BinLadin Group induction
Maytas Infra Limited (MIL) has clarified that the Company has negotiated the induction of SBG as its shareholder after due consultations with concerned Agencies, including Government of India.
