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 […]
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, […]
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 […]
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 […]
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 […]
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 […]
$194 bn of main line and metro projects planned MUSCAT — A railway construction boom started this year in the GCC that is set to transform life and work in the region in the coming decade, says business intelligence service MEED. Launching the MENA Rail and Metro Summit 2013 in Abu Dhabi, MEED said that […]
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 […]
Over the past 16 years, the government has spent a total of SR25 billion on developing the holy sites, Dr. Habib Zain Al-Abideen, undersecretary in the Ministry of Municipal and Rural Affairs, has said. The implementation of all projects was smooth, he said. Mina has not seen any fire accidents for 16 years while the […]