Saudi Arabia
Saudi Arabia news and analysis, tenders, contracts awarded, commentary and economic data.
Saudi Arabia News
Riyadh power plant to reach financial close next month
Independent power project will have a capacity of 2,000MW
Zain Saudi Arabia to launch $500m recapitalisation
Saudi mobile operator is in talks with Al-Rajhi and Banque Saudi Fransi
Saudi firm to complete $1bn loan deal
Mall operator ACCL Arabian Centres seeking local funds
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Construction to start on two King Abdullah Financial District schemes
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Deadline extended for Saudi Arabia power and water project
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Rio Tinto Alcan calls for Middle East co-operation
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Aramco considers location change for Ras Tanura petrochemicals scheme
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Sipchem selects HSBC as adviser for $1.1bn polymers plant
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Saudi Arabia approves first exchange-traded fund for foreigners
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Banks given more time for Yanbu financing
Saudi Arabia Analysis
Almabani General Contractors
The Saudi Arabian firm is focusing on its home market this year to increase revenues
Riyadh’s race to build homes
Saudi Arabia needs more housing, but its expanding population does not have the financing to buy them
Global trade slowdown hits maritime carriers
Middle East maritime industry finds its growth constrained by the financial crisis
Riyadh slashes wheat output
Saudi farmers are leaving wheat cultivation faster than anticipated under a plan to save water
Saudi Arabia Special Reports
Special Report: Metals & Mining - Gulf states target copper
The Middle East is well placed to take advantage of a anticipated surge in global copper prices. Saudi Arabia is leading the way in mining its copper deposits, with two new mines in the kingdom scheduled to start commercial production by the end of 2011, the largest of which, the Jabal Sayid project, will produce 57,000 tonnes a year of copper in concentrate.
Special Report: Power & Water - Region struggles to ensure access to scarce water supplies
The Middle East is struggling to cope with growing demand for fresh water. While the reasons for water shortages vary across the region, the issue that all governments around the Middle East are having to tackle is the same: how to guarantee access to shrinking supplies of fresh water.
Special Report: Transport & logistics - Gulf invests in new roads network
The Gulf’s road building schemes may not enjoy the high profile of the region’s rail and airport investment programmes, but the trend for Gulf states to spend millions of dollars on new highways is a sign that they are taking the business of building a better basic infrastructure seriously.
Special Report: Banking - Public sector projects raise hope
The Gulf’s governments are turning to new financing strategies to fund crucial infrastructure projects with public-private partnerships (PPPs) an increasingly popular model in the region
Special Report: Construction - Contract awards raise hope in the Gulf
The outlook for the region’s construction sector in 2010 looks mixed. The Gulf’s major economies, such as Saudi Arabia and Abu Dhabi, are surging out of the financial downturn, but $575bn worth of projects remain on hold across the GCC
Special Report: Saudi Arabia - Riyadh pushes peace talks
Riyadh is confident about its finances for 2010, having announced a 14 per cent rise in spending for the year ahead. It has allocated tens of billions of dollars to key sectors, including health, transport, telecoms and water
Saudi Arabia Data
Tapping the demand for copper
The region has huge potential for copper mining, with Saudi Arabia becoming the latest country to show growth in the market
Abu Dhabi and Saudi Arabia support drives projects market
The prospects for contract awards in the Gulf region look brighter this year as Abu Dhabi and Saudi Arabia drive major projects forward
Riyadh slashes wheat output
Saudi farmers are leaving wheat cultivation faster than anticipated under a plan to save water
Oil prices: Caution is the watchword
Oil price conservatism is likely to remain a key theme of Middle East states’ budget calculations
2009 Review: Trends - Gulf aluminium producers take advantage of low gas costs
With access to cheap gas feedstock, regional producers are boosting their capacity while rivals cut back.
Finance 2010: Reasons for cautious confidence
Banks in the region have fared well amid the global downturn but must start lending to boost business
Saudi Arabia Tenders
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Saudi Arabia: Network repair section buildings
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Saudi Arabia: Power plant boiler drain and waste piping
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Saudi Arabia: Ambulances
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Saudi Arabia: Medical equipment
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Saudi Arabia: Fire stations and housing construction
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Saudi Arabia: Power plant evaporator ponds
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Saudi Arabia: Power plant cathodic protection systems
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Saudi Arabia: Power plant boiler services
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Saudi Arabia: Hospital and medical centre O&M
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Saudi Arabia: Airport environmental and social impact assessment
Saudi Arabia Contracts Awarded
Middle East contracts awarded: February 2010
Almost $3.5bn worth of contracts have been awarded across the Middle East in February 2010, according to this selected checklist compiled from MEED reports
Daelim wins Jubail plastics plant contract
Deal is worth $425m
Baytur starts building Saudi teaching hospital
Contract covers construction of clinic with 800 beds and nine structures
