Riyadh
June 2013

Riyadh’s largest private hospital, Al Hammadi has received maximum protection from high sources of heat following Reichle & De-Massari (R&M)’s cable solutions, the company says.






June 2013

Alessa Industries Group, one of the leading integrated industrial conglomerates in Saudi Arabia, has announced its plan to expand into the Qatari market leveraging the huge potential offered by diverse sectors of the economy.






June 2013

Developments relating to the construction of a pharmaceutical plant and a hospital were announced recently. Malaysian firm Pharmaniaga Bhd has teamed up with Saudi Arabia-based Modern Healthcare Solutions Co Ltd to jointly construct and manage a pharmaceuticals manufacturing plant in Sudair Economic City, near Riyadh airport.






June 2013

Bathroom fittings specialist Hansgrohe has said a prestigious project it is implementing in the Saudi capital – the King Abdullah Financial District (KAFD) development – highlights the kingdom’s growing importance as a market for its products.






June 2013

Saudi Arabian dairy producer Almarai plans to raise at least $500 million from the sale of a debut international Islamic bond to help to finance ambitious growth plans, a senior executive was quoted by Reuters as saying.






June 2013

TAV Construction, one of the top three airport construction companies in the world, has won the design and construction tender for the King Khaled International Airport (KKIA) Terminal-5 at Riyadh, the company announced. The terminal building, which will be built with an investment of $400 million dollars, will be completed within 18 months.






June 2013

Saudi Paint Company (Paintco), which operates two plants in Riyadh, is making strong efforts to expand its presence beyond the home market, mainly the GCC states. It recently set up a distributorship in Bahrain and says it is encouraged by growing prospects there. It also plans to open similar representations in Qatar and the UAE before long.






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