A round-up of this week's top stories
MEED | Middle East Economic Digest
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Neom begins early works on Siranna tourism project
Local contractor Mofarreh Al Harbi and Lebanese Batco Group are jointly undertaking the works, which include rock stabilisation, site clearing and scaling, and other associated works. Siranna will contain a 65-key hotel?as…read more
Saudi Giga Projects – May 2024 is a complete analysis of the Giga projects programme in Saudi Arabia. Covering more than 20 projects with a total value of more than $900bn, the report is an update to MEED’s best-selling giga projects report published last year…read more
What happens in Georgia matters to the Gulf
Widening political divide and unrest in Tbilisi give investors cause for wariness. The ongoing demonstration of tens of thousands of ordinary Georgians against the reintroduction of a so-called “foreign influence” bill is an…read more
Riyadh reins in spending
There has been a sharp decline in the value of contracts awarded on gigaprojects this year. On the surface, it feels like business as usual in Saudi Arabia as new projects continue to be launched. On 8 May, designs for another…read more
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Saudi Arabia sets Q2 deadline for stadiums
udi Arabia’s Sports?Ministry is expected to receive bids in the second quarter of this year for the construction of two stadiums as part of the kingdom’s plan?to build sports stadiums under its SR10.1bn ($2.7bn) capital projects…read more
The MENA Construction & Infrastructure Projects Market 2024 Report is a comprehensive analysis of sector trends, project opportunities, and challenges in the MENA region. It examines specific project opportunities and tenders in each country, historical, current and future contract awards, and highlights…read more
Contractors submit prices for Master Gas System
Saudi Aramco has received revised commercial bids from contractors for package 9 of the third expansion phase of?the Master Gas System network (MGS-3)?in Saudi Arabia. Contractors submitted revised prices for the…read more
Firms submit Saudi Ceer automotive supplier park bids
Ceer?has received bids from contractors for a contract?to build an automotive supplier park?next to its electric vehicle (EV) production facility in King Abdullah Economic City (KAEC). The tender for the contract was issued on…read more