Tuesday, June 18, 2019
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Saudi Launches $23bn Riyadh Beautification Program

(Bloomberg) -- Saudi Arabia plans to pour 86 billion riyals ($23 billion) into beautifying its capital, Riyadh, with projects expected to create tens of thousands...

Can Oil Reinvent Itself? Shell’s Power Push Divides Investors

(Bloomberg) -- When a few hundred Royal Dutch Shell Plc shareholders piled into a Methodist church in Westminster for their 2018 annual meeting, they...

Saudi Arabia Follows Abu Dhabi to Invest in India Infrastructure

Saudi Arabia is considering investing in India’s infrastructure fund as the kingdom’s crown prince plans his debut visit to the South Asian nation next...

Saudi Crown Prince to Launch $425 Billion Infrastructure Plan

Saudi Arabia is seeking 1.6 trillion riyals ($425 billion) in investment by 2030 for infrastructure as well as energy, mining and other industrial projects,...

Madayn Oman to Develop 2nd Phase Infrastructure in Raysut Industrial City

The Public Establishment for Industrial Estates (Madayn) signed an agreement with Al Hashemi and Al Rawas Trading and Contracting Company to implement the infrastructure development project for...

Saudi Arabia Plans Spate of Water Project Privatizations in 2019

Saudi Arabia plans to tender or award six water-related projects in 2019 as it pushes ahead with a privatization program that got off to...