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FINANCIAL NEWS
DSI wins $125m contract in Riyadh
08 Jul 2010
(MENAFN) Dubai-based Drake & Scull International said that it has won a $125.3 million contract in Riyadh, its second win in Saudi Arabia this week, as it taps huge demand for infrastructure and property there, Gulf News reported.
The contractor will be working in partnership with Saudi conglomerate Al Zamil Group on mechanical, engineering and plumbing (MEP) works for the Information Technology and Communications Centre (ITCC) in Riyadh, it said in a statement.
With a growing population of over 25 million, 70 per cent of which is under the age of 30, the world’s largest oil exporter will need to build one million new homes by 2014, HSBC said in a report last year.
More News
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BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
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BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
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HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
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