Saudi Arabia
Saudi Arabia news and analysis, tenders, contracts awarded, commentary and economic data.
News
Saudi private sector credit growth levels off
Rising deposits and slower credit growth will put banks under additional pressure to lend
Riyadh invites bids for Saudi Stock Exchange tower
Contractors have until 25 March to submit bids for main construction package
Saudi corporates plan debt restructurings in 2012
Two firms have already appointed advisers to lead restructuring talks
Assad Said submits low price for Jeddah hospital expansion project
A total of 13 groups submitted bids for the main construction package
Zain Saudi Arabia prepares for $2.7bn debt refinancing
Banks appointed for debt refinancing and rights issue planned for later this year
KJO set to award contracts to McDermott and Daewoo
Contractors to be awarded offshore and onshore packages for Neutral Zone upgrade work
Sipchem tells contractors to revise bids for $500m plant
Bidders requested to resubmit bids for polybutylene terephthalate plant at complex in Jubail
Analysis
Sheltering the masses in the Middle East
A year of regional unrest has made tackling the housing shortage a priority for governments
GCC countries spending $44bn on airport developments
Project plans in the region will push passenger footfall to over 260 million a year
Comment
In dire need of insolvency law in Saudi Arabia
To deal with rampant corporate defaults, the kingdom’s banks need a legislative framework that ensures restructuring is worked out quickly
Saudi Arabia Contacts
Jubarah bin Eid al-Suraiseri
Jubarah bin Eid al-Suraiseri is Transport Minister, Saudi Arabia
Abdulaziz Mohammed al-Hokail
Abdulaziz Mohammed al-Hokail is President, Saudi Railways Organisation
Ala Ghanem
Ala Ghanem is regional director, Middle East, North Africa & Turkey, Invensys Rail
Company Profiles
Conares Metal Supply
The steel pipe manufacturer hopes to hit revenues of $500m in 2012, despite weaker regional demand
Intigral
The content provider is targeting growth in the fixed-line broadband and mobile internet markets
Special Report
Saudi Arabia Special Report: Oil price breakeven point soars
Saudi Arabia has seen sporadic protests throughout the year, inspired by the uprisings elsewhere in the region
Tenders
Research Report
The GCC Infrastructure Guide
One of the most interesting trends to have emerged from the GCC projects boom over the past 10 years has been the development of public-private partnerships (PPPs), projects funded and operated through a partnership between the government and the private sector.
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