Tag Archives : projects

Saudi infrastructure projects changing property market landscape

With the Kingdom’s massive $80 billion investment in infrastructure initiatives including new seaports, airports, railways and train stations, metro systems, and bus and road systems new real estate opportunities have been created in the market promising to change the property market landscape in the Kingdom. To gain better understanding of the changing requirements and new […]

GCC industrial water treatment chemicals market revenue to soar

JEDDAH – The water and wastewater treatment chemicals market in the Gulf Corporation Council (GCC) is making considerable headway as the dire water shortage has lent momentum to water treatment activities. Industrial water reuse schemes and stringent desalination requirements are further necessitating the deployment of high-quality treatment chemicals as a means to boost operational efficiency, […]

Makkah-Riyadh link road to be ready in a year

The contractor responsible for implementing the Taif-Makkah-Riyadh road link has said that the project would take a year to complete. Ahmad Abdul Ghafoor, the engineer in charge of the project, said: “We are still in the early stages. The first part of the work involves laying down an 8-km section of the road. We have […]

Kingdom’s real estate market stands at SAR1.5 trn

Real estate circles are waiting for a decision from the Council of Ministers regarding the allocation and prioritization of the lands available to the citizens through the scheme of “A land and a loan.” The parties involved in the scheme are mainly the Ministry of Housing, the Ministry of Justice, the Ministry of Municipal and […]

SAR189m water and sanitation projects signed

The Minister of Water and Electricity, Eng. Abdullah bin Abdulrahman Al-Hossein, has signed a number of contracts to implement several water and sanitation projects in various parts of the Kingdom of Saudi Arabia at a total cost of more than SR 189 million. The implementation of these projects by the Ministry of Water and Electricity […]

Kingdom plans to expand ports capacity by 29m tons

JEDDAH – Saudi Arabia is planning to expand its ports handling capacity by around 29 million tons to face a steady rise in demand, the head of the ports authority in the kingdom was reported as saying. “The projects include the construction of 20new quays which will be ready for operation within two years to […]

GCC moves closer to railway project implementation

Plans are under way for the construction of a second causeway between Saudi Arabia and Bahrain, parallel to the King Fahd Causeway, a senior Bahraini official told Asharq Al-Awsat. The new causeway, he added, will serve as a railway link between the two countries, part of a larger regional Gulf railway network project. In his […]