- December 03, 2024
Sarooj Construction Company in Oman has been awarded two major road construction contracts by the Ministry of ..Read More
Sarooj Construction Company in Oman has been awarded two major road construction contracts by the Ministry of Transport, Communications, and Information Technology (MTCIT), valued at a total of RO 90.22 million. The first contract, worth RO 70.03 million, involves building a 120-kilometer dual carriageway linking Adam to Thumrait, enhancing regional connectivity. The second contract, valued at RO 20.19 million, focuses on road construction at Jabal Shams, aimed at improving accessibility in mountainous regions.
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- December 03, 2024
The Ministry of Health, Oman, has celebrated the groundbreaking of Al-Falah Hospital in the South Al Sharqiyah ..Read More
The Ministry of Health, Oman, has celebrated the groundbreaking of Al-Falah Hospital in the South Al Sharqiyah Governorate, with a project value of RO 51.86 million. The hospital, spanning 343,000 square meters, will feature 170 beds, 38 outpatient clinics, advanced medical departments, including radiology, nephrology, and surgery units, as well as a dedicated pediatric and obstetrics section. The facility will also include modern amenities such as a water treatment plant, backup generators, and 1,422 parking spaces.
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- December 02, 2024
MATARAT Holding, in partnership with the National Center for Privatization & PPP, has invited Expressions of I ..Read More
MATARAT Holding, in partnership with the National Center for Privatization & PPP, has invited Expressions of Interest for the new Taif International Airport project. Aligned with Saudi Arabia’s Vision 2030, the project aims to enhance the aviation sector, featuring a new airport with a capacity to handle 2.5 million passengers by 2030. The development includes a new runway, passenger terminal, and associated infrastructure, and will be awarded on a Build-Transfer-Operate (BTO) model with a 30-year contract duration.
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- November 30, 2024
The Roads General Authority (RGA), alongside the National Center for Privatization (NCP), has announced the li ..Read More
The Roads General Authority (RGA), alongside the National Center for Privatization (NCP), has announced the list of 42 companies (27 Saudi and 15 international) expressing interest in the operation, maintenance, and development of Motorway Service Areas (MSAs) on the Jeddah–Makkah Direct Highway. The project, involving a dual 4-lane 64 km highway with four MSAs, includes a 10-year contract covering design, build, finance, operation, and maintenance services, aligned with Saudi Arabia's Roads Strategy and National Transport and Logistics Strategy.
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- October 30, 2024
PIF and Brookfield Asset Management Ltd. signed a non-binding MoU at the FII 8th Edition in Riyadh, with PIF a ..Read More
PIF and Brookfield Asset Management Ltd. signed a non-binding MoU at the FII 8th Edition in Riyadh, with PIF as a strategic anchor investor for Brookfield Middle East Partners (BMEP). The platform aims to raise $2 billion for investments in sectors like industrials, technology, and healthcare, with at least 50% allocated to Saudi Arabia. The partnership also includes expanding Brookfield's Riyadh office and launching Brookfield Academy locally to support talent development and economic growth.
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- October 28, 2024
Retal Urban Development Company, Saudi Arabia, has signed two agreements with National Housing Company to purc ..Read More
Retal Urban Development Company, Saudi Arabia, has signed two agreements with National Housing Company to purchase developed lands for residential development in Al Khozam Suburb, Riyadh, valued at SAR 947.6 million. Under the contract, Retal will develop 947 residential units over a 55-month period.
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- October 27, 2024
The Roads and Transport Authority (RTA) of Dubai Awards AED 696.414 Million Contract for Trade Centre Roundabo ..Read More
The Roads and Transport Authority (RTA) of Dubai Awards AED 696.414 Million Contract for Trade Centre Roundabout Development Project, Enhancing Traffic Flow with Five Bridges, Upgraded Intersections, and Key Connectivity to Major Streets and Areas.
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- October 27, 2024
Galfar Engineering & Contracting SAOG Awarded OMR 46 Million Contract by the Ministry of Transport, Communicat ..Read More
Galfar Engineering & Contracting SAOG Awarded OMR 46 Million Contract by the Ministry of Transport, Communication and Information Technology, Oman for Dualization of Izki Nizwa Road, Expanding 30.2km with New Roundabouts and Traffic Signal Over 36 Months.
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