Construction & Real Estate

US-Saudi consortium Mera Oil shortlists three GCC sites for $5bn refinery

MWG Enterprises, a US-based energy development company, said it has - in partnership with Patel Family Office and PWS, a company of Saudi Arabia’s AHQ Group - entered the final ​stage of site selection for its planned $5 billion integrated refinery and energy export corridor. ...

Construction & Real Estate

Patel Family Office, AHQ launch $1bn Saudi hospitality platform

Patel Family Office, a US investment enterprise, and Abdel Hadi A Al-Qahtani & Sons (AHQ), a Saudi industrial conglomerate, have signed a $1 billion deal to establish AYARA, a vertically integrated hospitality platform that will develop a network of 50 international brand-name business hotels across Saudi Arabia by 2029....