The new JV will focus on construction projects in Saudi Arabia. (Image source: DamienDuToit/Flickr)
Saudi Arabia?s Public Investment Fund (PIF) has purchased a 38 per cent stake in South Korean steel manufacturer Posco?s subsidiary Posco E&C for US$1.1bn, and will form a joint venture company in the Kingdom of Saudi Arabia
Its a conscious decision by the company to expand its presence in sectors such as construction and infrastructure, in addition to power and energy. (Image source: Cramogroup/Flickr)
HIMA Middle East FZE, a provider in automated safety solutions, is looking to diversify its presence in non-hydrocarbon markets in addition to its existing business strategy
Officials from Castolin Eutectic and TACO sign the joint venture agreement. (Image source: Castolin Eutectic)
Through a new Saudi Arabian subsidiary, Castolin Eutectic will expand its presence in the country?s growing OilTec business and cater to the drilling demands put forth by local oil manufacturers
The UAE is one of the biggest growth markets for planning and construction companies. (Image source: BASF/Flickr)
Aurecon?s former UAE country manager has said the UAE is a ?blank canvas? for developers
Al-Khodari Sons and Company primarily engages in civil engineering projects and develops roads. (Image source: ShashiBellamkonda/Flickr)
Saudi Arabian company Al-Khodari Sons Company is set to make a foray into the Egyptian market and eventually double its US$453mn-strong investment with infrastructure projects
