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Tag: CONSTRUCTION INDUSTRY

Companies

Colombia Sees Decline in Cement Production in January 2025

March 21, 2025March 21, 2025 - by Allegra Nguyen - Leave a Comment

In January 2025, grey cement production in Colombia fell by 5.9% to 0.95Mt, while domestic shipments decreased by 3.0%, reflecting lower demand in the construction industry. Cumulative production from February …

Colombia Sees Decline in Cement Production in January 2025 Read More
Business

Saudi Arabia Dominates Forbes’ 2025 List of MENA’s Most Valuable Banks

March 19, 2025March 19, 2025 - by Allegra Nguyen - Leave a Comment

Saudi Arabia leads Forbes’ “30 Most Valuable Banks 2025” list with ten banks valued at $269 billion, comprising nearly a third of the total market capitalization of $600.8 billion. The …

Saudi Arabia Dominates Forbes’ 2025 List of MENA’s Most Valuable Banks Read More
Business

Tadawul All Share Index Increases by 1.09% on Sunday

March 17, 2025March 17, 2025 - by Carmen Mendez - Leave a Comment

The Tadawul All Share Index rose by 1.09% to close at 11,853.78 points on March 17, 2025, with a trading value of SAR 4.675 billion and 213.782 million shares exchanged. …

Tadawul All Share Index Increases by 1.09% on Sunday Read More
Companies

Minister of State for Military Production Highlights Industry Advancement in Egypt

March 17, 2025March 17, 2025 - by Sofia Nawab - Leave a Comment

Minister Mohamed Salah El-Din Mostafa highlighted the significance of Abu Zaabal Engineering Industries and Factory 200 Military during recent inspections. He emphasized the roles of these facilities in supporting the …

Minister of State for Military Production Highlights Industry Advancement in Egypt Read More
Business / economics / Technology

Financial Challenges Hinder Saudi Arabia’s Mirror Line Skyscraper Project

March 14, 2025March 14, 2025 - by Carmen Mendez - Leave a Comment

Saudi Arabia’s Mirror Line skyscraper project is experiencing severe financial issues, with costs rising to $8.8 trillion, far surpassing the annual budget. An auditor’s report indicated attempts to falsify cost …

Financial Challenges Hinder Saudi Arabia’s Mirror Line Skyscraper Project Read More
Companies

Argentina’s Cement Production Surges 9% in February 2025

March 14, 2025March 14, 2025 - by Carmen Mendez - Leave a Comment

Argentina’s cement production in February 2025 reached 0.74 Mt, a 9% increase from the previous year, with exports up by 64% and domestic consumption rising by 8%, although imports fell …

Argentina’s Cement Production Surges 9% in February 2025 Read More
Companies

Iraq Enhances Gold Reserves, Ranks Fourth in Arab World According to WGC

March 5, 2025March 5, 2025 - by Liam Nguyen - Leave a Comment

Iraq has increased its gold reserves by 10 tons, totaling 162.7 tons, according to the World Gold Council. This amount comprises 13.6% of its total reserves, ranking Iraq 28th in …

Iraq Enhances Gold Reserves, Ranks Fourth in Arab World According to WGC Read More
Companies

Saudi Arabia’s Real Estate Market Experiences Growth Amid Price Pressures

March 5, 2025March 5, 2025 - by Allegra Nguyen - Leave a Comment

Saudi Arabia’s real estate loans surged to SR883.3 billion ($235.54 billion) by 2024, with significant growth in both corporate and individual sectors. This trend points to increased market confidence and …

Saudi Arabia’s Real Estate Market Experiences Growth Amid Price Pressures Read More
Business

Satellite Images Reveal Lavish Palace as Part of Saudi Arabia’s Neom Project

March 1, 2025March 1, 2025 - by Allegra Nguyen - Leave a Comment

Satellite images reveal a grand palace for Saudi Crown Prince Mohammed bin Salman within the Neom megacity project, featuring private beaches and extensive amenities. Neom aims to transition Saudi Arabia …

Satellite Images Reveal Lavish Palace as Part of Saudi Arabia’s Neom Project Read More
Companies

New Saudi Regulation on Close-out Netting Sparks Excitement at Conference

February 27, 2025February 27, 2025 - by Marcus Chen - Leave a Comment

On February 17, the Saudi Central Bank introduced regulations on Close-out Netting, aimed at ensuring enforceability of netting agreements. This regulation enhances financial stability and reduces credit risk, impacting cross-border …

New Saudi Regulation on Close-out Netting Sparks Excitement at Conference Read More

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