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Even with falling sales and higher costs, cement companies’ bottom lines grew in 1H
Plus: Petrochemicals firm Chemanol plans to start producing methyl diethanolamine in 4Q 2027
Al Bawani + Besix break ground on Aramco Stadium
The stadium is slated for delivery in 2026
Election uncertainty makes investment managers wary of pouring funds into infrastructure projects
Some asset managers expect a pick up in investment activity following election results in November
Fresh Saudi-US real estate agreements
Dhamanat inks two separate agreements with US firms BlackRock and Apollo
NDP appoints Northern Trust as custodian for its USD multi-bns portfolio
Madinah municipality awards rapid bus project management contract to Egis-Systra JV
Mawani + Maersk launch SAR 1.3 bn logistics park Jeddah Islamic Port
The logistics park spans an area of 225k sqm with the capacity to handle 200k TEU containers annually
Four firms contracted to develop King Salman International Airport
Al Modawat Specialized Medical is set to establish an investment arm in Egypt + Egypt-based Biogrand to set up a…
Another Saudi-Egyptian real estate project in the making
Flagship carrier Saudia is offering up to 50% discounts on select international flights.
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