Following the establishment of its Saudi headquarters in Riyadh last year, ALEC said it has achieved 150% year-on-year growth in the Kingdom through 2023
Construction
Operations commence at carbon capture plant in Saudi Arabia

The new facility captures 300 metric tons of CO2 per day directly from the MEG plant. (Image source: Gulf Cryo)
Petro Rabigh and Gulf Cryo announced the inauguration of a new carbon capture and utilisation facility, located in the kingdom's western region
Report: 7 key trends shaping the built environment sector in 2024
Design firm Gensler has published its annual forecast report on global trends across the built environment
Volvo CE to divest ABG Paver business to the Ammann Group

The number of employees impacted as a result of this announcement is approximately 400. (Image source: Volvo CE)
Volvo Construction Equipment (Volvo CE) and the Ammann Group have reached an agreement whereby the Ammann Group will acquire Volvo CE’s global ABG Paver Business including ABG in Hameln, Germany
Middle East countries showed a strong construction growth in H1 2023, report says

The UAE, Saudi Arabia, and Egypt are witnessing the highest amount of construction in the region. (Image source: Pexels)
US$3 trillion worth of project pipelines were awarded to MENA countries in the first half of 2023, according to JLL Real Estate