Construction

Saudi Arabia is the cheapest country in the region for construction

Construction_Saudis

The annual International Construction Cost report by EC Harris has revealed that Saudi Arabia is the cheapest country and Bahrain is the most expensive country in the Middle East to build in.

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Qassim Cement announces preliminary Q2 2011 results

QCC_Q2_2011_1

Qassim Cement (QCC) recently announced its preliminary Q2 2011 results, which were in-line with analysts expectations but showed relatively weak Q2 2011 numbers, Saudi bank NCB Capital (NCBC) stated.

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OCI wins major infrastructure project in Saudi

OCI__infrastructure

Orascom Construction Industries (OCI) Saudi subsidiary, Saudi Limited Company (OSL), won an infrastructure contract in Saudi Arabia worth US$450mn.

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Mubadala to build aluminum smelter in Malaysia

Mubadala

Mubadala Development Co. and state-owned development company 1Malaysia Development Bhd. will form a joint-venture company to develop a US$4.2 billion aluminium smelter in east Malaysia.

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SAR to link Dammam and Jubail with 130-km rail line

Dammam_Jubail

Saudi Railway Co. (SAR) will construct a 120km railway to link the country's two industrial hubs of Dammam and Jubail.

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