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Saudi Binladin seeks second extension on loan
It is the second time SBG has sought more time to meet the payment, having
UAE's Nakheel seeks $5bn bank loan for projects
The state-owned developer has asked banks to provide it with prospective pricing if it borrowed
Saudi cuts builder contract advance payment by 15%
Construction firms working in Saudi Arabia were previously entitled to a 20% advance payment on
Saudi minister denies $22.5bn Riyadh Metro delay
Transport minister Abdullah Al-Muqbil reportedly said work on the 176.7km rail project is 25% complete
Oman's Renaissance to complete $18.5m Topaz sale
Renaissance is divesting Topaz Engineering as a part of its strategy to focus on offshore

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Construction Week - Issue 761
Mar 21, 2020