Construction & Real Estate

Al Rajhi Capital, LogiPoint launch fund for $1.3bn Jeddah industrial park

Al Rajhi Capital and LogiPoint have entered into a deal to establish a dedicated investment fund for the development of the South Jeddah Logistics and Industrial Park, a landmark mixed-use logistics and industrial project in the Saudi port city, at a total investment of SAR5 billion ($1.3 billion). ...

Construction & Real Estate

Sohar Port breaks ground on its key zinc industrial park facility

Sohar Port and Freezone has announced the groundbreaking of its Zinc Recycling Industrial Park located on a 100,000 sq m site within its key development. Once operational, it is expected to produce 100,000 T of refined zinc ingots and 50,000 T of zinc oxide annually for customers across the region. ...

Construction & Real Estate

THi begins construction of Ras Al Khaimah Smart Manufacturing Industrial Park

THi Holding Management Corporation (THi) marked a major milestone with the groundbreaking of the THi Ras Al Khaimah Smart Manufacturing Industrial Park, officially commencing construction of its first industrial park project in the Middle East....