Construction sector in Saudi Arabia: Outlook 2015-2016
Samir Kreidie, Managing Director of Rabya talks about construction sector in Saudi Arabia.
Rabya KSA: strategy and vision
Samir Kreidie, Managing Director of Rabya talks about strategy, vision and core competencies of the company.
The Prince Sultan Civilization Center project in Jeddah: $1.6bn project
Samir Kreidie, Managing Director of Rabya talks about Prince Sultan Center, a new mega projects worth billions.
Major infrastructure projects on the Red Sea
Michael Wuebbens, managing director of Huta Group talks about the major infrastructure projects on the Red Sea.
Huta Group: largest marine contractor in Saudi Arabia on the contracting outlook
Michael Wuebbens, managing director of Huta Group talks about the company and presents the group employing over 7,000 people. The group is the largest marine contracting company in Saudi Arabia.
Doing Business in KuwaitKuwait Construction & ContractingKuwait Family BusinessKuwait IndustryKuwait Interviews
Doing business in Kuwait: $150 billion worth of projects coming is a major opportunity
Most of the business is done in partnership with Kuwaitis. We have a law here that requires that for a business to be established here, it must have a 51% Kuwaiti partnership. But now there is a new department in the Ministry of Finance, the Foreign Investment Department. Under this, if a foreign direct investor wants to set up a new business, say to produce ethylene, or cement etc., they can own up to 100% stake in it.
Projects Worth $130bn in Kuwait says Largest Contractor in Kuwait
The sector is growing. I like to divide the construction sector into 5 branches. The first is civil construction which is large and mega buildings. In this country there are a lot of existing projects for all of the Ministries. These will be new constructions for the governmental bodies. We are now working on three mega projects for governmental buildings. Also there are housing projects which include about 50 thousand houses for Kuwaitis. These projects will be worth about 130 billion US dollars.
“Beit Binzagr”: Evolution of Family Business in Saudi Arabia
The term we use is “Beit Binzagr” as opposed to Binzagr Group. “Beit Binzagr” is a house, in Jeddah that means a trading house. A number of other merchant families would also refer to themselves as “Beits”.
Top Construction Companies | Top Contractors in Saudi Arabia
Marcopolis.net has compiled the ranking of the top contracting and construction companies in Saudi Arabia. View the latest list of the largest contractors in the kingdom. The largest construction company in the kingdom is Saudi Binladin Group, followed by Saudi Oger. These two companies are the largest contractors followed by many others.
Contracting in Saudi Arabia: Housing Projects a Priority
Rabya was established in 1974 by Sheikh Abdul Kader Alfadl. At the beginning, the goal of the company was to only do landscaping. At that time, the Arabic concept of landscaping was only ‘pure greenery’. The American consultants like Parsons, Vector and Corporate Engineer came in in 1976/77, the word landscaping came to be associated with every construction activity done outside the house.