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429 news items from Saudi Arabia. Show all
Built Industrial Company, a subsidiary of Saudi-listed Ladun Investment Company, has secured a USD 171.7 mln construction contract with the Real Estate Development Fund for the 'The Point Abha' project in Abha city, as…
Hyundai Engineering & Construction (Hyundai E&C) has secured a major contract to build an ultra-high-voltage transmission network in Saudi Arabia. The company signed a USD 725 mln agreement with Saudi Electricity Co…
Saudi Arabia's Zamil Steel, a subsidiary of Zamil Industrial, plans to establish a new heavy metal structures factory in Egypt, according to Zamil Steel Egypt General Manager Khaled Saad. The facility, to be located in…
China's Dalipal Holdings, led by Chairman Meng Fanyong, has signed a letter of intent to build a seamless steel pipe factory at Saudi Arabia's King Salman Energy Park (SPARK). The plant will cover more than 1,000,000 m2…
Saudi Arabia's Mayar Holding Co. announced that its subsidiary, Gulf Elevators & Escalators Co. Ltd., has signed a partnership agreement with China's Shenyang Yuanda Intellectual Industry Group Co. to manufacture…
Saudi Steel Pipe Co. (SSP) reported a substantial rise in net profit, reaching SAR 213 mln (USD 56.6 mln) in the first nine months of 2024, up 61pct YoY. This growth was driven by higher gross profit, fueled by an…
National Metal Manufacturing and Casting Co. (Maadaniyah) reported a wider net loss of SAR 28.12 mln (USD 7.48 mln) in the first nine months of 2024, up from a loss of SAR 18.42 mln in the same period last year. The…
Bahrain's GFH Financial Group (GFH) and Panattoni Saudi Arabia have partnered to develop 500,000 square meters (sqm) of logistics facilities in Saudi Arabia. The collaboration will focus on developing high-quality…
Al Yamamah Steel Industries announced the signing of a contract with Larsen & Toubro Saudi Arabia LLC (L&T Saudi Arabia) to supply steel towers for a 380 kV ultra-high voltage line project in the central region. The…
Saudi Iron and Steel Company (Hadeed) is raising its long steel prices for November deliveries. The company's rebar (12-32 mm) price will increase by SAR 50 (USD 13) per ton, bringing it to SAR 2,350 (USD 625) per ton…
KEC International, an Indian multinational company specialising in manufacture of electric power manufacturing towers, has announced that it has secured the contract to establish a new 380kV overhead transmission line…
SWPC has announced that a consortium led by Saudi utility developer Acwa Power with key partners Haji Abdullah Alireza & Partners Co. and AlKifah holding has emerged as the preferred bidder for Ras Mohaisen Independent…
Saudi Real Estate Company (Al Akaria) has announced that one of its key subsidiaries has been awarded a construction contract worth USD 176 mln by Royal Commission for Riyadh City for its TSE Network for Green Riyadh…
Vallourec, a global leader in seamless tubular solutions, has signed a Memorandum of Understanding (MoU) with Advanced Supply Management Operations (ASMO), a joint venture between DHL and Aramco's Saudi Aramco…
Saudi Arabia's Al Yamamah Steel Industries has signed a contract with Larsen & Toubro Saudi Arabia to supply steel towers for the construction of a 380 kV ultra-high voltage line connecting the Stara station to the Wadi…
Ladun Investment Company's subsidiary, Built Industrial Company, has won a project to develop a mixed-use project, The Point, in Abha, Aseer Province, at the cost of USD 172 mln. The contract was awarded by the Real…
Riyadh Steel Company has established a strategic planning committee, following a decision by its board of directors, the company announced in a stock exchange filing. The committee's primary focus will be to identify…
Watani Iron and Steel Company (Watani Steel) has announced that its board of directors has accepted the resignation of Yasser Zoman Saad Al-Zoman from both the board and his position as Chairman of the audit committee…
Jeddah Economic Company (JEC) will resume construction of the world's tallest tower in the Red Sea port city of Jeddah in Saudi Arabia, according to a bourse statement. The Saudi-listed Kingdom Holding Company (KHC)…
Retal Urban Development Company has announced in a stock exchange filing that it has signed a contract with Building Construction Company to build 263 residential units in Riyadh. Building Construction Company…
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