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FINANCIAL NEWS
Arabian Construction, DSI unit awarded USD720m Saudi contract
13 Dec 2012
(MENAFN) Arabian Construction Company announced that it has won a USD720 million contract along with Drake & Scull Construction to establish the third phase of Jabal Omar development, reported Arabian Business.
The joint venture between the Saudi-based construction firm and the unit of Dubai-based Drake & Scull International would share 50 percent of the contract’s total value.
The phase three of the development, located in the holy city of Makkah, covers the establishment of 4 hotel towers with a total built up area of 400,000 sq m, in addition to 5-star and 3-star hotels
According to Jabal Omar Development Company’s executive general director, Sameer Al Quraishi, the firm will launch 10 hotels in Makkah.
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BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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