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Top News In Madinah Gate Today - Breaking & Trending Today
Knowledge Economic City (KEC) has awarded EPC contracts worth $970 million for two of its key projects - Al Alya featuring residences, offices and hospitality units as well as Phase I of its ambitious mixed-use development Islamic World District (IWD). ....
RIYADH: Saudi developer Knowledge Economic City has seen its losses widen by a staggering 21,545 percent during the first half of 2022, driven by rising project expenses. The Madinah-based developer reported a net loss of SR15 million ($4 million), compared to SR71,000 in the prior-year period, according to a stock exchange filing. This was coupled with an 8 percent decline in ....
Saudi-based Knowledge Economic City (KEC) has awarded a contract for the construction of a bus station at its Madinah Gate development. The project comprises three key elements - a 4-star hotel, a mega mall and a bus station featuring large retail space. ....
RIYADH: Last week, Saudi Arabia’s stock market wrapped up a positive trading week amid heightened investor sentiment, with the main index, TASI, trading above the 12,000 level for the first time in over 15 years. At the latest session’s closing bell, TASI extended 4-day gains, up 1 percent to 12,079 points, and Nomu, the parallel market, edged up to 26,263 points. Tadawul’s ....
RIYADH: Saudi developer Knowledge Economic City has awarded a construction contract to build a bus station for its ongoing Madinah Gate development. The contract, which costs SR48.9 million ($13 million) was awarded to Mohammed Al-Rashed Trading and Contracting company to build the station that will include retail shops, a bourse filing showed. The station forms a major part ....