Projects

Saudi inks deal to start $1bn medical city

[Restricted to Subscribers] Saudi Arabia has signed an agreement to kick-start construction of a SR4bn ($1.06bn) medical city project in the kingdom. Saudi Arabian Health Minister Dr Abdullah Al-Rabeeah inked…

Saudi Steel invests to build polysilicon plant

The Saudi Steel Pipe Company Ltd has announced that it will enter as a partner and invest $16.25 million (SR 60.94 million) to construct a polysilicon plant in Jubail Industrial…

SR 52 million approved for new projects

The Holy Capital Municipality has allocated more than SR 52 million for new municipal projects such as maintenance of streets and roads, asphalt work, lighting and pavement work at different…

Mobily sees tower deal with STC by year end

Telecoms carrier Mobily  aims to conclude a tower-sharing deal with rival Saudi Telecom Company (STC) by the end of 2011, Mobily’s chief executive said. Such an agreement would be a…

Weekly Economic Briefing – Riyad Bank

Location : Qatar Details : Qatar’s Public Works Authority (Ashghal) has awarded a QR105 million ($ 27.5 million) contract to Al Srayia Trading and Contracting Company, for the Hamad Medical…

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