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Sotheby’s Diriyah auction is under the spotlight
One-third of the buyers at the auction were Saudi residents
Omrania lands USD 113.6 mn architecture + design contract from Diriyah
PLUS: Fipco secured a SAR 50 mn revolving loan from Al Rajhi
Diriyah inaugurates two power transmission stations worth SAR 682 mn
PLUS: Thimar Development is setting up a private equity fund to acquire 70% of Jiyad Al Ezz
World’s first graphene-enriched carbon fiber venture launched in Saudi
PLUS: The Kingdom plans to launch a commercial pilot program for lithium extraction at Aramco’s oil fields
PIF’s Dan Company set to launch high-end resort in Al Ahsa
PLUS: US chemical producer LyondellBasell sets up shop in the Kingdom
Diriyah breaks ground on seven hotels
PLUS: Saudi mills authorized to tap global flour markets
New real estate funds + SAR bns of agreements signed at Cityscape
NHC has so far logged SAR 5 bn in sales during the forum
Gigaprojects look at more prudent budget allocations
Please spend responsibly: Gigaprojects in the Kingdom are now shifting to a more “prudent” approach to spending as the government…
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