Riyadh
June 2016

Almarai, the Gulf’s largest dairy company, is leading the scramble for a majority stake in Abu Dhabi’s National Food Products Company (NFPC) with three other groups in contention.






June 2016

Dubai-based Emirates Building Systems (EBS) has been commissioned to supply steel structures for the Riyadh Metro Project’s second phase. The contract win was announced by Dubai Investments, parent company of EBS, which is an expert in steel structure fabrication and provides engineering design and detailing as well as erection services.






June 2016

Rabiah & Nassar Group has entered into a strategic partnership with Caparol, opening the German paint firm’s first flagship showroom in Saudi Arabia. Caparol is a leading provider of building paints in Germany and one of the largest paints suppliers in Europe.






June 2016

Women entrepreneurs have just got a big boost with the setting up of a business and technology park exclusively for them. The park project was opened by Saudi Aramco, Princess Nourah University (PNU) and Wipro Arabia, a subsidiary of India’s Wipro, a leading information technology, consulting and business process services company.






June 2016

Saudi Arabia is to transfer ownership of Riyadh’s floundering King Abdullah Financial District to the Public Investment Fund (PIF) from the Public Pension Agency (PPA), according to four sources aware of the matter, a Reuters report says.






June 2016

Bentley Systems, the US-based software company that produces solutions for the design, construction and operation of infrastructure, has successfully responded to challenging situations faced by several companies in the Saudi capital in the recent past.






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