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Saudi businesswoman Dana Alajlani joins The 966, the PIF eyes a new sports investment arm, perceptions of Saudi and much more
Saudi businesswoman Dana Alajlani, Head of Public Affairs for the GCC at Sanofi, the French multinational pharmaceutical and healthcare company headquartered in Paris, joins The 966 to share her professional journey and story. Dana is also Co-Chairwoman of the American Chamber of Commerce in Saudi Arabia (AmChamKSA) and is involved there with the Women in […]
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Non-Oil Business Activity in Saudi Arabia Surged in June 2023 as Tourism, Construction Sectors Lift Economy
Non-oil business activity in Saudi Arabia surged in June supported by strength in construction and tourism, a survey showed.
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Discovery Channel Documentary About The Line in Saudi Arabia features Interview with Crown Prince Mohammed bin Salman
Crown Prince Mohammed bin Salman gave an interview to the Discovery Channel for a new documentary about The Line, discussing some of the earliest ideas around the design and what the project means to the Kingdom and the world.
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Saudi’s SAMI Ink’s Deal with France’s Safran Helicopter Engines for Engine Maintenance – Reuters
State-owned Saudi Arabian Military Industries(SAMI) signed an agreement with France’s Safran Helicopter Engines for engine maintenance and repair, Reuters reports.
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Airbus, Saudi Company Scopa Group Agree to $6.7 Billion Helicopter Pact as Paris Air Show Kicks Off
Airbus SE has signed an investment agreement worth more than 25 billion riyals ($6.7 billion) to build military and civilian helicopters in Saudi Arabia with a local defense company called Scopa Group, Bloomberg reports.
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Saudi gigaprojects update: All you need to know
Writing for Construction Week, Angitha Pradeep provides an update on five (more if you separate Neom’s multiple builds) giga projects ongoing in Saudi Arabia.
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NEOM Secures $5.6 billion Investment for Workforce Housing
Saudi Arabia’s planned mega-city NEOM has secured 21 billion riyals ($5.60 billion) in financing and has finalized contracts to develop the first phase of housing expansion for its workforce, it said in a statement on Tuesday, Reuters reports.
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‘Salmani’ Architecture, VIA Riyadh opens, rainfall record shattered in Saudi Arabia and much more…
Episode 87! The hosts explore overlapping topics in Salmani architecture and an evolving Riyadh city under King Salman for decades. Kicking things off, Richard’s One Big Thing is the rise of Salmani Architecture – a term the hosts have come across in recent months that is important in understanding the current and new face of […]
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Contract Signed for $1.5 Billion for NEOM High-Speed Railway to Connect Port Development of Oxagon and The Line
Milan, Italy-based Webuild and its joint-venture partner Shibh Al Jazira Contracting Company (SAJCO) have signed a contract worth circa $1.5 billion to design and build 57 kilometers (35.4 miles) of a high-speed railway in NEOM, along the north Red Sea coast of Saudi Arabia which will connect Oxagon and The Line, according to reports.
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Saudi Arabia’s Rua Al-Madinah Giga-Project Signs Major Deal with Accor for 1,000 More Keys
Saudi Arabia’s in-development Rua Al-Madinah giga-project signed an agreement with France-based Accor group for three hotels, adding 1,056 keys to the area spread across three brands.
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MUST-READS
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Ma’aden awards SAR 105 Million construction contract to Darkstone Company
Ma’aden Gold and Base Metals Company (MGBM) awarded the Procurement and Construction contract of the stage 02 project to Darkstone Arabia Ltd company and the Engineering assigned to ATC Williams to aid in designing the tailings and water management system.
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Video reveals construction progress on The Red Sea tourist development
RSG has shared a video capturing the The Red Sea tourist development taking shape in Saudi Arabia.
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Saudi miner Amak’s plant in final stages of construction
Leading Saudi miner Al Masane Al Kobra Mining Company (Amak) has announced that its new plant - mainly aimed at production of copper and zinc concentrates - is in its final stages of construction. Preparatory works are currently under way to start the cold commissioning of the processing plant, said Amak in its filing to Saudi bourse Tadawul.
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ACWA Power signs deal with Chinese-Saudi consortium for desalination plant construction
A huge desalination plant on the Red Sea coast is a step closer to being built afer a Chinese-Saudi consortium was awarded the construction contract for the SR2.54 billion ($677 million) project. Saudi firm ACWA Power — the company leading the plant’s development — signed the deal with the group which includes Beijing-based Power China, Qingdao-headquarted SEPCOIII, and Riyadh-located Wetico, at a special ceremony in the Kingdom. The Rabigh 4 Independent Water Plant is set to be built in Saudi Arabia’s Western province, and will mainly serve the Makkah and Madinah regions.
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Tourism, construction boost Saudi Arabia’s non-oil sector in June -PMI
Non-oil business activity in Saudi Arabia surged in June, supported by strength in construction and tourism, a survey showed on Wednesday. The seasonally adjusted Riyad Bank Saudi Arabia Purchasing Managers' Index rose to 59.6 in June, from 58.5 in May, and was well above the 50 mark that signals growth in activity. The sub-index for output surged to 66.1, from 61.7 in May and the fastest pace of growth since March 2015.
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Saudi Arabia’s Hotel Construction Surge Triggers Supply Chain Concerns
Saudi Arabia has the largest hotel construction activity in the Middle East and Africa region, followed by United Arab Emirates, according to hotel research firm STR. Saudi Arabia topped the regional list with 42,033 hotel rooms in March, followed by United Arab Emirates with 22,324 rooms.
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Most influential Arabs of 2023 in the construction landscape
The Arab world has witnessed the emergence of numerous remarkable individuals who have made indelible impressions on the international stage. Whether in politics, business, arts, or sports, Arab personalities have played pivotal roles in society and garnered widespread acclaim for their remarkable accomplishments.
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China resumes construction of military base in UAE, defying US objections
According to the Washington Post, leaked US intelligence documents that it obtained reportedly show that Chinese plans to continue construction in its military base in the UAE have gone ahead. The suspected Chinese military facility at Khalifa port near Abu Dhabi is part of plans to create a global network of military facilities at ports across the Middle East, south-east Asia, and Africa by 2030, labelled 'project 141.'
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Uncovering the untold story: Rise of project management professionals in Saudi’s billion-dollar construction boom
For Saudis in particular, make sure to gain experience in the field, practice communication and delegation, and build a strong network of contacts. Additionally, it is important to acknowledge and appreciate the culture and traditions of Saudi Arabia in order to use these traditional principles of resourcefulness, wisdom, and leadership to manage projects. Combined with a strong foundation of experience in project management, these characteristics will help you make the greatest impact on the future of our country.
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Top 12 construction contracts in Q1 2023: ADNOC, Red Sea Global, AECOM, CSCEC, and more
LWK + Partners, Egis, Qiddiya, and SSH are among the firms involved with construction contracts in the Middle East last month
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