By continuing to use the site you agree to our Privacy & Cookies policy

Saudi Arabia News and Analysis

News

Middle East best performing region for Turner & Townsend

Turner & Townsend performs well in region Subscription Required

30 July 2014 | By Colin Foreman

Firm’s revenues up by 46 per cent

Dow Chemical to build reverse osmosis manufacturing plant in Saudi Arabia

Dow to build Saudi reverse osmosis plant Subscription Required

27 July 2014 | By Andrew Roscoe

Plant will manufacture component for desalination facilities

Aramco starts Fadhili gas plant prequalification

Aramco starts Fadhili plant prequalification Subscription Required

23 July 2014 | By Kevin Baxter

Oil major plans to award three packages at estimated $3bn gas scheme by March 2015

Desalination plant

Saudi Arabia invites bids for desalination plants Subscription Required

22 July 2014 | By Andrew Roscoe

Three plants will have a capacity of 2 million imperial gallons a day

Runway

Hochtief team selected for Riyadh airport expansion Subscription Required

22 July 2014 | By Colin Foreman

Consortium submitted the lowest bid for the project in May

Refinery

Saudi Aramco starts Ras Tanura prequalification Subscription Required

22 July 2014 | By Kevin Baxter

Revised expansion of Saudi Arabia’s largest oil refinery expected to retendered in third quarter

Tadawul performance and all share index

Tadawul could open to foreigners by 2015 Subscription Required

22 July 2014 | By Rebecca Spong

Move to open Saudi Stock Exchange to foreign investors will support growth of non-oil sector

Saudi Stock Exchange

Saudi Arabia set to open Tadawul to foreigners Subscription Required

22 July 2014 | By Rebecca Spong

Investors gain access to region’s biggest exchange

Business

Faithful+Gould to focus on programme management Subscription Required

22 July 2014 | By Colin Foreman

Consultant says clients increasingly want global services

Oil pipelines from Saudi Arabia in Bahrain

Saudi Aramco to tender $350m Bahrain pipeline Subscription Required

22 July 2014 | By Kevin Baxter

Pipeline deal to build new link with Bapco refinery expected by the end of July

Mecca light rail system and example for Jeddah Metro

Systra appointed for Jeddah Metro engineering work Subscription Required

20 July 2014 | By Colin Foreman

Jeddah’s urban rail network is one of three new metro systems planned in Saudi Arabia

Power sharing

Tender for Saudi-Egypt power link delayed Subscription Required

20 July 2014 | By Andrew Roscoe

Construction tenders for 3,000MW link between Egypt and Saudi Arabia were scheduled to be issued in first quarter

Steel

Sabic’s $4.2bn steel plants put on hold Subscription Required

20 July 2014 | By Kevin Baxter

Further studies regarding project feasibility for two steel mills to be carried out

Saudi banks' net profits and operation income growth

Revenue growth drives Saudi bank profits Subscription Required

16 July 2014 | By Rebecca Spong

Saudi Arabian banks eye new markets to beat competition

Hospital

Saudi Binladin Group submits low bid for military medical city Subscription Required

15 July 2014 | By Andrew Roscoe

Ten groups submitted prices for the first phase of the hospital project

Delivered sales/ethane gas and raw gas to gas plants

Saudi Aramco awards Foster Wheeler tight gas contract Subscription Required

14 July 2014 | By Kevin Baxter

Engineering consultancy to provide design services for unconventional gas initiative in Saudi Arabia

Concentrated solar power

Acwa’s Ouarzazate solar plant project to win new investment Subscription Required

14 July 2014 | By Rebecca Spong

World Bank’s IFC considers equity stake in Moroccan project

Saudi banks continue to post profits for second quarter

Saudi banks continue to post profits for second quarter Subscription Required

13 July 2014 | By Rebecca Spong

Al-Rajhi Bank breaks trend with 8 per cent decline in profit

Maaden signs $210m copper mine deal with Barrick Gold Subscription Required

13 July 2014 | By Kevin Baxter

Saudi mining company now has 50 per cent share in Jabal Sayid mine close to Medina

Austrian company wins Saudi wastewater contract Subscription Required

9 July 2014 | By Andrew Roscoe

Wastewater plant will be located in Al-Kharj industrial development

Analysis

Middle East rig count on the rise

Middle East rig count on the rise Subscription Required

30 July 2014 | By Kevin Baxter

The region is now the world’s second-biggest market for operating oil rigs

Investment grade bond debt maturities by country

The Middle East’s refinancing burden Subscription Required

23 July 2014 | By Rebecca Spong

Region’s investment grade companies need to refinance $91bn-worth of debt by 2018

Stock market

Market reacts to Saudi decision to open up stock market Subscription Required

23 July 2014 | By Rebecca Spong

The opening of the Tadawul to foreign investors is widely welcomed by market

Rescue: Aramco took over the development of Jizan Economic City to prevent its failure

Saudi Aramco’s mission creep Subscription Required

17 July 2014 | By Kevin Baxter

The oil major’s influence is spreading as it proves itself to be a reliable client for Riyadh

GCC overall awards

Growth continues in contract awards Subscription Required

17 July 2014 | By Colin Foreman

Building projects and the UAE dominated contract awards in the first half of 2014

Sami al-Louzi Subscription Required

12 July 2014

Sami al-Louzi is a leading equity capital markets and mergers and acquisitions partner at Latham & Watkins firm in Riyadh and Dubai

Construction equipment

Construction surge boosts Saudi Arabia's equipment sales Subscription Required

29 June 2014 | By Jeff Florian

Construction equipment suppliers respond to increase in demand as rising government expenditures bolster the kingdom’s construction market

Oil offshore

Oil exporters put the brakes on spending Subscription Required

12 June 2014 | By Dominc Dudley

Oil exporters are starting to trim spending to keep budgets more in line with oil prices

Oil prices and Middle East oil production

Stable oil prices expected in 2014 Subscription Required

11 June 2014 | By Kevin Baxter

Energy Information Administration forecasts average prices of almost $105 a barrel  

Comment

Riyadh

Tadawul access a positive sign

24 July 2014 | By Rebecca Spong

The region is set to become more appealing to international entities as Riyadh opens up its stock exchange to foreign investors

Riyadh

Foreign access to Tadawul positive for region

22 July 2014 | By Rebecca Spong

Gulf region will become more appealing to international investors

Banking

Saudi banks look to new markets

17 July 2014 | By Rebecca Spong

Strong competition and tight margins are driving the kingdom’s lenders to explore new markets

Drilling

Shale gas faces a tight fight

17 July 2014 | By Kevin Baxter

As Saudi Aramco further invests in exploiting tight gas reserves, shale gas is being put on the back burner

Aramco: Investing in future development

Saudi Aramco takes the lead in development

17 July 2014 | By Kevin Baxter

Since its formation, it has led development in the kingdom, stepping beyond the remit of its core business. Today, it shows no signs of slowing down

Refinery

Case grows for subsidy cuts in Saudi Arabia

10 July 2014 | By Kevin Baxter

If fuel subsidies are curbed and domestic consumption slows down, Aramco can use the new capacity it is building for exports

Renewable energy

Saudi Arabia renewables plans falter

10 July 2014 | By Andrew Roscoe

The future of King Abdullah City for Atomic and Renewable Energy is not clear

Mining

Maaden’s new funding source

3 July 2014 | By Rebecca Spong

The involvement of foreign banks in a $5bn financing for the phosphates city project opens up new funding options for the mining company

Construction

Contractors await market revival

19 June 2014 | By Andrew Roscoe

Construction contract awards for the first half of 2014 are 66 per cent down on the same period in 2013

Gasification

Aramco enjoys success at Jizan

12 June 2014

The firm has managed to trim $3bn off the Jizan plant’s tender prices, with construction now under way

Offshore oil

Saudi Aramco takes a breather

5 June 2014

Last year was comparatively quiet for the oil giant as it consolidated its position and made plans for the future

Aviation

Airport projects make progress Subscription Required

29 May 2014

Governments across the GCC are ramping up aviation infrastructure, with Saudi Arabia, Qatar and the UAE all making significant strides

Saudi Arabia

High government spending justified Subscription Required

22 May 2014

Riyadh’s budgeted spending in 2014 reaches new highs and will address the need for social infrastructure

Oil

Firms line up for offshore work Subscription Required

15 May 2014 | By Kevin Baxter

It is clear the next five years will be a busy time for offshore contractors, and a highly competitive bidding process is expected to follow

Riyadh

Saudi Arabia banks key to debt settlement Subscription Required

8 May 2014 | By Rebecca Spong

AH Al-Gosaibi’s plan to settle its debts will only bear fruit if Saudi and foreign lenders work together

Shale gas

Saudi shale ambitions take back seat Subscription Required

1 May 2014

The costs of producing shale gas are falling every year, which means Aramco can take its shale plans slowly until its planned date of 2020

integrated solar combined-cycle plant

SEC drives green energy efforts Subscription Required

1 May 2014

Saudi utility company comes to the rescue to bolster kingdom’s lacklustre renewables programme

Phosphates mining

Riyadh’s third pillar of success Subscription Required

1 May 2014

Maaden proves itself with project to build major phosphates development in the kingdom

Dubai: Infrastructure requires new sources of funding

Race for Mecca metro deals Subscription Required

17 April 2014

Competition for Mecca metro contracts heats up as Turkish firms dominate the field in the prequalification round

Prince Bandar bin Sultan

New policy heralds leadership change Subscription Required

17 April 2014

Saudi Arabia’s foreign policy change likely one of the main reasons for intelligence chief’s resignation

Newsletter Sign-up

More sector and country newsletters

Subscribe to MEED to receive your choice of premium newsletters

Find out more

Follow MEED on

Linkedin     Twitter     RSS Newsletter
-->