MATARAT Holding, in collaboration with the National Center for Privatization & PPP, announced the list of 90 c ..Read More

MATARAT Holding, in collaboration with the National Center for Privatization & PPP, announced the list of 90 companies (46 local, 44 international) that submitted Expressions of Interest for the Taif International Airport project. The new airport, located 21 km southeast of the existing facility, will handle 2.5 million passengers by 2030. The project, aligned with Saudi Vision 2030 to boost the aviation sector, will follow a Build-Transfer-Operate (BTO) model with a 30-year contract duration.
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• Construction
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EMSTEEL, a leading steel and building materials manufacturer, has partnered with Hafeet Rail Infrastructure LL ..Read More

EMSTEEL, a leading steel and building materials manufacturer, has partnered with Hafeet Rail Infrastructure LLC and Minerals Development Oman (MDO) to optimize raw material transport and enhance cross-border rail connectivity between the UAE and Oman. The partnership secures the transport of 4.2 million tonnes of limestone and red shale annually for 15 years, with an option to extend. EMSTEEL will operate a Rail Transfer Facility in Al Ain, while MDO ensures compliance with quality standards. This initiative aligns with the UAE’s Operation 300bn and Oman’s Vision 2040, promoting sustainability, reducing emissions, and fostering regional economic collaboration.
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• Transport

Hafeet Rail, the Oman-UAE railway project, has awarded contracts to Larson & Toubro (L&T) and Power China for ..Read More

Hafeet Rail, the Oman-UAE railway project, has awarded contracts to Larson & Toubro (L&T) and Power China for constructing advanced railway logistics facilities in Al Buraimi and Sohar, and to China Railway Rolling Stock Corporation (CRRC) for supplying high-performance freight wagons. These facilities will enhance cargo efficiency, multimodal connectivity, and include provisions for locomotive and wagon maintenance. The project strengthens regional trade competitiveness, unlocks new trade routes, and positions Oman and the UAE as key logistics hubs, aligning with national economic priorities and ensuring long-term operational sustainability.
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• Construction
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Saudi Arabia Railways (SAR) and Italian luxury hospitality company Arsenale have unveiled the final designs fo ..Read More

Saudi Arabia Railways (SAR) and Italian luxury hospitality company Arsenale have unveiled the final designs for Dream of the Desert, the Middle East’s first five-star luxury train. Featuring 34 luxury suites across 14 carriages, the train blends modern opulence with Saudi heritage, offering an exclusive travel experience aligned with Saudi Vision 2030. Departing from Riyadh, it will traverse the Northern Railway network, integrating cultural programs, fine dining, and curated art to immerse passengers in Saudi traditions.
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• Tourism
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The UAE announced a high-speed train linking Abu Dhabi and Dubai, developed by Etihad Rail, enabling 30-minute ..Read More

The UAE announced a high-speed train linking Abu Dhabi and Dubai, developed by Etihad Rail, enabling 30-minute travel at speeds of 350 km/h. The project enhances smart transportation, aligns with the UAE Net Zero 2050 Strategy, and is expected to contribute AED 145 billion to GDP over five decades. Alongside, the first four passenger rail stations were unveiled, integrating with metro and bus networks to improve connectivity and boost economic growth.
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• Transport

MATARAT Holding has selected the Sener engineering and technology group to update the masterplans for five key ..Read More

MATARAT Holding has selected the Sener engineering and technology group to update the masterplans for five key Saudi airports: Yanbu, Tabuk, Al-Baha, Al Jouf, and Al Gurayat. This initiative aligns with Saudi Vision 2030, aiming to transform the nation's airport sector into a global benchmark for sustainability and efficiency. Sener will conduct detailed analyses of each airport's traffic patterns, tourism potential, facility requirements, capacity, and environmental impact to provide comprehensive frameworks for future development.
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Drydocks World has launched a $75 million South Yard expansion, increasing fabrication capacity by 40% and yar ..Read More

Drydocks World has launched a $75 million South Yard expansion, increasing fabrication capacity by 40% and yard capacity by 25%. The facility, equipped with advanced technologies, supports large-scale projects such as offshore wind energy infrastructure and FPSO conversions. It is powered by clean energy from the Sheikh Mohammed bin Rashid Al Maktoum Solar Park, aligning with Drydocks World’s sustainability goals. The expansion enhances the company’s ability to meet global energy transition demands and deliver complex marine and offshore solutions.
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• Transport

Dubai's Roads and Transport Authority (RTA) has awarded a AED20.5 billion contract for the Dubai Metro Blue Li ..Read More

Dubai's Roads and Transport Authority (RTA) has awarded a AED20.5 billion contract for the Dubai Metro Blue Line to a consortium of MAPA, LIMAK, and CRRC. The 30-kilometer line, featuring 14 stations, will improve connectivity and support the Dubai 2040 Urban Master Plan. With a focus on sustainability, the Blue Line will reduce traffic congestion, boost property values, and enhance public transport, serving up to 320,000 passengers daily by 2040. Construction will begin in April 2025, with operations expected to start in September 2029.
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• Transport