Saudi Electricity Company ( SEC ) is currently implementing huge electric projects at a total cost of more than SR100 billion, said its CEO Ali Al-Barrak. “They will be implemented in many phases, and they will be completed within 3 years,” he said. “We want to address and meet the increasing demand on power, in view of the […]
Gammon Group will begin work on a SR10.9 billion new mega city project in Rabigh, including an advanced hospital, a petrochemical plant and residential villas, soon after Ramadan, said Mohammed Rafik, chairman of the group. Rafik said the project would cover an area of 20 million square meters. “Our group will design, finance and build […]
The end of the road is in sight for fleecing cabbies as the government plans to implement fare meters in taxis to stabilize the rising cost of travel. The new regulation will make it mandatory for cabbies to install the meters and charge passengers as per the readings is to be discussed and implemented after […]
Per capita consumption of drinking water in Saudi Arabia has now reached 265 liters, which is double the amount of water used by an individual in a European country, said Water and Electricity Minister Abdullah Al-Hussayen. He said total water consumption in the Kingdom crossed eight million cubic meters for the first time. “This is […]
The Arriyadh Development Authority (ADA) has announced plans to set up world-class labor housing units in the capital city with advanced health and recreational facilities. The announcement follows a joint meeting of authority and the executive committee for projects and planning, chaired by Riyadh Gov. Prince Khaled bin Bandar and attended by Deputy Gov. Prince […]
JEDDAH – Saudi Arabia and the United Arab Emirates are seeking to add 1,000 megawatts of solar capacity enough to electrify 200,000 homes. However, the renewable energy drive of setting up solar-power plants will need more than $1.5 billion in financing by the end of 2014. The forecast expansion, which includes Jordan, will require loans […]
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 […]
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 […]
Royal HaskoningDHV in joint venture with Mshari Al-Shathri Engineering Consultant has been appointed by the Saudi Arabia Ministry of Transport to prepare a feasibility study and preliminary design for a first public transport system for Dammam to alleviate congestion and improve the living environment. n recent years, the Dammam and Khobar urban area has seen […]
The construction of the King Abdul Aziz Airport Project is on schedule and will be completed by the end of next year, Prince Fahd bin Abdullah bin Abdulaziz, chairman of the General Authority of Civil Aviation (GACA) announced Tuesday. Following a tour of the project site, he said schedules were being maintained despite fewer workers because of […]