Al Marasem Uncovers New Partnership System at Fifth Square Project

Al Marasem International for Development, affiliated to Saudi Binladin Group, has launched a new partnership system at its Fifth Square project in New Cairo, enabling clients to invest in a top-quality product wit ...

World’s Tallest Tower Due in Saudi Arabia, 2019

The first stage of the - one kilometer- high- Jeddah Tower, set to be the world’s tallest building, is due by 2019 after financial issues with contractor Saudi Binladin Group (SBG) were resolved, Saudi Gazette reports.

Dubai Construction Payment Delays Becoming Problematic -Report

The construction sector in Dubai is facing increasing problems with payment delays which reach six months as a norm.

Saudi Aims to Pay Dues Owed to Contractors by Year’s End

Saudi Arabia's Council of Economic, Development Affairs on Monday decided to immediately start paying back dues to private construction and development companies, aiming to finish payments by the end of the year.

Saudi Construction Sector a Risk for Banks -Moody’s

The current weakness of Saudi Arabia's construction sector poses a risk to Saudi banks with exposure to the sector, according to a statement by Moody's on the publication of a research note on Tuesday.

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