Daily Archives: 30 July 2013

Riyadh Metro on track: Contract worth USD8bn awarded

The Arriyadh Development Authority (ADA) has awarded the FCC-led consortium one of three contracts to build the Riyadh metro, the longest subway system under development in the world (176km). Infrastructure and environmental services group FCC said in a media statement today that it has been awarded one of the contracts to build the metro, which […]

Contracting projects worth more than USD900bn under way in GCC

Despite the economic and financial challenges the world over, the GCC contracting industry is projected to post a strong growth in the coming years due to the vast number of projects being planned and executed. This is highlighted in Kuwait Financial Centre ‘s ( Markaz ) recently published executive summary of a report on the GCC contracting industry. In […]