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MEED | Qiddiya prepares to award more infrastructure work

Saudi group Binyah secures key Diriyah Gate car park project

Saudi Real Estate Company has announced that one of its subsidiaries Binyah has secured a design-and-build contract worth SR544 million ($145 million) from Diriyah Gate for a car park project coming up on a 100,000-sq-m area within the mega development.

MENA Project Tracker — Iraq gas project receives 7 bids; TRSDC, AREIC form JV for $400m Red Sea resort

RIYADH: Iraqi oil and gas company Gulf Keystone Petroleum has received seven bids for its planned gas management project at the Shaikan Field, MEED reported citing the company’s chief executive Jon Harris. The $250 million gas management project involves developing a third production facility at the field as well as a gas gathering pipeline, it added. “Most of the third

Saudi Entertainment Ventures awards leisure complex work

Saudi Entertainment Ventures awards leisure complex work RIYADH, 27 days ago Saudi Real Estate Infrastructure Company (Binyah), a company owned by Saudi Real Estate Company (Al Akaria), has secured a preparatory work contract for the Entertainment Complex project, located near the Saudi capital.   The contract worth SR104.6 million ($28 million) was awarded by Saudi Entertainment Ventures Company (Seven), a unit of the kingdom s wealth fund, Public Investment Fund (PIF), said Al Akaria in its filing to the Saudi bourse Tadawul.   The scope of work includes site preparation, ground works including excavation, backfilling and levelling of the Entertainment Complex coming up at Riyadh exit 15, it stated.

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