TIMMINT MI Saudi Arabia (KSA) Construction & Real Estate Weekly Report

1. KSA CONSTRUCTION & REAL ESTATE
Weekly Report
Issue - 2014 Week 18
25 to 01 of May, 2014

2. TIMMINT Market Intelligence Weekly Report 25 to 01 May, 2014
2
From:
TIMMINT
Market Intelligence
To:
Whom it may concern
Subject:
Weekly Status Report,
Saudi Arabia Construction
and Real Estate Industry.
Issue Year 2014, Week 17
Report Sections Page
KSA CONSTRUCTION
& REAL ESTATE NEWS
2
TADAWUL INDEXES 5
MARKET
PERFORMANCE
6
WEEKLY TENDERS 9
Who We Are
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Disclaimer:
This report was prepared as an
account of work sponsored by the
Company. Certain information has
been obtained from published
sources and is given as of the dates
specified. All the information in this
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KSA CONSTRUCTION & REAL ESTATE NEWS
Jeddah metro project budget to be approved
he budget for the Jeddah metro project is in the final stages of development and will be
approved soon, director-general of roads in Makkah Mohammed Madani has said.
Speaking at a conference organised by the Gulf Research Center, Madani added that
contract awards for the project were still under discussion.
“We have yet to agree on the contractors who will begin implementing the project,” Arab News
reported Madani as saying.
The ministry has examined similar projects in developed countries, he said.
Speaking at the conference on the planned GCC rail project, director of the expansion projects at
the Saudi Railway Organisation Wasmi Farraj said that the rail system will begin operating by
2018.
Trains will start from Kuwait, travel through Saudi Arabia, Bahrain, Qatar and the UAE and
terminate in Oman. The track will span more than 2,000km, he said.
Farraj added that Saudi Arabia is committed to a sizeable investment in rail over the next two
decades.
“There is a three-stage strategic plan scheduled for the next 20 years that will see the
construction of tracks spanning 9,900km,” said Farraj.
“The plan involves five huge projects, including the Haramain electric train, which will
run at speeds of up to 300km/h, the north-south train, spanning 1,500km, which will
transport both phosphate and passengers, and the Gulf Train, which will be 2,177km
long,” he added.
Source: ArabianIndustry.com
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3. TIMMINT Market Intelligence Weekly Report 25 to 01 May, 2014
3
Developers urged to strictly follow construction
codes
ousing Minister Shuwaish Al-Dhuwaihi has warned developers against inflating the
price of land and housing units. The minister stressed the importance of providing
housing at affordable prices during the launching of the Real Estate, Housing and
Urban Development Exposition held at the Riyadh International Convention and Exhibition (RICE)
on Sunday night.
A large number of officials, developers and investors attended the event, the largest expo of its
kind in the Kingdom that saw a heavy turnout of both visitors and investors. He also urged
developers to stick to construction codes, specifications and standards in the implementation of
their real estate and housing projects.
The minister provided a short brief on real estate projects and housing on display before he left.
As many as 80 real estate and investment companies, besides banks, are taking part in this year's
expo, which will conclude on Wednesday. Participants at their pavilion are offering various
services, while banks will provide house loans and other services for the real estate and housing
sector.
Source: Arab News
SEC signs four contracts worth $613.2mn
audi Electricity Company (SEC) has signed four contracts worth
over $613.2mn (SAR 2.3bn) for various electricity projects
across the country.
The deals follow the announcement of 17 projects worth a total of
(SAR 7bn) which the company awarded two weeks ago. All of the
projects are aimed at developing the country’s electricity system in
order to provide a reliable service as demand continues to rise.
Chairman of the board of directors of the company Dr Saleh Hussein Al-Awaji, said one of the
four new project awards is to set up an electricity transformer station with a voltage of 115/380
kilovolts (kV) in Al-Oqair in the Eastern Province.
Awaji mentioned that the projects are to be set up for developing Al-Oqair Tourism. These two
plants will enter service within 29 months from the date of signing the contracts. Another project
will see a transformer station built near Tabarjal in the Northern Frontier Region with a voltage
of 33/132/380 kilovolts. It will have a capacity of 600 megawatts (MW) and will contribute to
providing electricity to Wa’d Al-Shimal city for mining industries.
A third contract is for the construction of a double line with a voltage of 380kV so as to link the
generating plants in Tabuk and Tabarjal. The aim is also to achieve ideal economic operation of
the electricity system by exchanging electricity between the Kingdom’s regions. The project will
be competed in 29 months.
The final project is for purchasing thermal exchanges for the setting up the 13th and 14th
generating plants in Riyadh region. The project will be carried out within 32 to 38 months from
the date of signing the contract.
H
S
Source: ConstructionWeekOnline.com

4. TIMMINT Market Intelligence Weekly Report 25 to 01 May, 2014
4
King Abdullah Economic City awards $11.6m
contract for development of Juman Park
ing Abdullah Economic City (KAEC) has awarded New Job Contractors Establishment a
contract worth $11.6m (SR43.5m) for the development and landscaping of Juman
Park.The contract also includes the construction of the adjacent canal promenade at
Bay La Sun.
"Juman Park is designed to be a special public
amenity and we are very pleased to place this
major project in the very capable hands of New
Job," stated Fahd Al-Rasheed, managing director
and CEO of KAEC.
"The park is designed to elevate the city
experience for residents and visitors alike, it adds
to the dynamic lifestyle in the Bay La Sun district
which offers the very best of the work, live and
relax model."
Juman Park and Promenade spans over 55,000m2with facilities including private recreational
areas, play zones for children, an amphitheatre, multi-sports courts.
In response, Fahad Almutawa, managing director of New Job contracting company, stated: "Our
Company is very pleased to be awarded the prestigious contract, which reflects KAEC's
confidence in our performance based on the long lasting partnership we have established with
King Abdullah Economic City."
Almutawa went on to affirm the company's commitment as contractor to deliver the high quality
project in the given time.
The project is scheduled for completion in 2015.
Source: ArabianInductry.com
Saudi-French alliance wins $2bn bus deal for Riyadh
Metro
audi Public Transport Co (Saptco) said on Thursday that its alliance with France's RATP
Dev has jointly secured a 7.855 billion Saudi riyal ($2.09 billion) contract to operate and
maintain buses in the kingdom's capital Riyadh.
The 10-year deal will be linked to the city's railway project - known as the King Abdulaziz Project
for Public Transport - and will handle the procurement, operation and maintenance of the buses,
Saptco said in a statement.Saptco had previously said that it has teamed up with France's Regie
Autonome des Transports Parisiens (RATP) to bid for public transport projects in Saudi.
The Saudi government had awarded $22.5 billion in contracts to three foreign-led consortia in
July last year for the design and construction of the first metro rail system in Riyadh.
K
S
Source: Reuters

5. TIMMINT Market Intelligence Weekly Report 25 to 01 May, 2014
5
TADAWUL INDEXES
Construction & Real Estate Sector Performance:
The following charts illustrate the global performance of the three sectors related to construction, real estate and cement
traded in the Saudi stock market (Tadawul). Starting with the cement sector (showing a yearly increase of 12.95%), followed by
the Building and constructions sector (yearly increase of 37.67%), followed by the real estate sector (yearly increase of 64.90%),
the fourth chart shows a comparison among the 3 sectors and Tadawul all share index (TASI).
Cement Index (One Year)
--- Volume --- Index
Current Index Begin Index Change % Change 52 Weeks High Date 52 Weeks Low Date
7,706.89 6,823.04 883.85 12.95% 7,739.99 18/11/2013 6,618.84 16/6/2013
Building & Construction Index (One Year)
--- Volume --- Index
Current Index Begin Index Change % Change 52 Weeks High Date 52 Weeks Low Date
4,356.00 3,164.07 1,191.93 37.67% 4,367.95 30/4/2014 3,069.17 15/6/2013

6. TIMMINT Market Intelligence Weekly Report 25 to 01 May, 2014
6
Real Estate Development Index (One Year)
--- Volume --- Index
Current Index Begin Index Change % Change 52 Weeks High Date 52 Weeks Low Date
6,557.35 3,976.46 2,580.89 64.90% 6,707.00 29/4/2014 3,922.79 12/5/2013
Tadawul All Share Index vs. 3 Sectors Indexes (One Year)
--- Tadawul All Share Index(TASI)
--- Real Estate Development Index
--- Building & Construction Index
--- Cement Index
Weekly Change Comparison (3 sectors)
Sector Current Index Last Week Index %Change
Cement 7,706.89 7,428.55 3.75%
Building & Construction 4,356.00 4,275.22 1.89%
Real estate development 6,557.35 6,314.45 3.85%

7. TIMMINT Market Intelligence Weekly Report 25 to 01 May, 2014
7
MARKET PERFORMANCE
The table hereunder reflects the performance of the listed companies during the last 6 days.
Company
PRICE CHANGE
Begin High Low End Value %
Cement Sector
Arab Cement 66.75 69.00 64.50 68.50 1.75 2.62
City Cement 24.35 26.30 23.95 25.50 1.15 4.72
EPCCO 61.50 62.00 59.75 61.25 (0.25) (0.41)
HCC 24.60 25.40 24.45 25.20 0.60 2.44
Jouf Cement 18.00 18.60 17.80 18.45 0.45 2.50
Najran Cement 26.10 27.50 25.00 27.40 1.30 4.98
Northern Cement 24.00 24.80 23.90 24.70 0.70 2.92
QACCO 90.50 91.50 90.00 91.00 0.50 0.55
Saudi Cement 109.75 111.00 107.75 109.50 (0.25) (0.23)
Southern Cement 112.50 113.00 111.75 112.25 (0.25) (0.22)
Tabuk Cement 29.30 29.80 29.10 29.60 0.30 1.02
YSCC 58.00 66.50 57.50 65.50 7.50 12.93
Yanbu Cement 69.50 73.00 69.25 71.50 2.00 2.88
Building & Construction Sector
MESC 15.85 16.05 15.55 15.80 (0.05) (0.32)
AL Babtain 38.10 38.60 37.30 37.80 (0.30) (0.79)
ALKHODARI 38.00 39.30 37.10 38.30 0.30 0.79
Amiantit 16.90 17.40 16.80 16.90 0.00 0.00
ASLAK 46.90 53.50 45.30 50.75 3.85 8.21
Cables 13.70 14.05 13.00 13.15 (0.55) (4.01)
Bawan 72.00 79.00 71.00 77.50 5.50 7.64
NGC 34.20 35.40 32.40 33.30 (0.90) (2.63)
MMG 12.55 12.90 11.80 12.55 0.00 0.00
Pipes 27.40 28.70 26.50 27.10 (0.30) (1.09)
Red Sea 59.00 66.50 58.00 64.50 5.50 9.32
Saudi Industrial 22.35 22.60 21.90 22.00 (0.35) (1.57)
SSP 37.30 38.10 37.20 37.40 0.10 0.27
Saudi Ceramics 136.00 136.50 133.75 134.50 (1.50) (1.10)
SVCP 103.00 104.50 97.75 100.50 (2.50) (2.43)
Real Estate Sector
Dar Al Arkan 13.00 13.10 12.80 12.85 (0.15) (1.15)
Arriyadh Development 24.20 24.70 24.10 24.60 0.40 1.65
Emaar E .C 16.45 16.90 16.40 16.60 0.15 0.91
Jabal Omar 42.30 51.00 42.00 46.30 4.00 9.46
KEC 21.15 22.85 20.95 21.40 0.25 1.18
Makkah 87.00 93.50 85.00 88.50 1.50 1.72
Real Estate 47.00 48.40 45.50 46.80 (0.20) (0.43)
Taiba 45.00 47.10 44.70 45.40 0.40 0.89

8. TIMMINT Market Intelligence Weekly Report 25 to 01 May, 2014
8
The tables below show the top 5 companies by volume in each sector and the top 3 companies having the highest and lowest
change in value and percentage throughout this week.
Cement Sector – Top 5 Most Active by Volume
Company Volume Value
Northern Cement 12,995,869 106,834,599
City Cement 12,091,105 117,746,828
Jouf Cement 11,947,836 50,040,298
Najran Cement 9,197,108 28,567,303
YSCC 5,727,275 157,339,782
*last 6 days
Building & Construction Sector – Top 5 Most Active by
Volume
Company Volume Value
Dar Al Arkan 121,668,589 221,267,015
Jabal Omar 53,373,829 169,717,943
KEC 24,391,079 44,783,293
Emaar E .C 18,564,963 52,272,628
Taiba 9,083,639 26,996,407
*last 6 days
Real Estate Sector – Top 5 Most Active by Volume
Company Volume Value
Cables 17,124,451 29,034,764
NGC 14,448,989 28,768,661
MESC 13,013,638 23,314,027
Pipes 10,266,209 32,430,933
Saudi Industrial 7,728,984 20,828,323
*last 6 days
Cement Sector - Top 3 Gainers/Losers
By Value By Percentage
Company
Change
Company
Value %
YSCC 7.5 12.93 YSCC
Yanbu Cement 2 4.98 Najran Cement
Arab Cement 1.75 4.72 City Cement
Company
Change
Company
Value %
Saudi Cement -0.25 -0.41 EPCCO
EPCCO -0.25 -0.23 Saudi Cement
Southern Cement -0.25 -0.22 Southern Cement
*last 6 days
Building & Construction Sector - Top 3 Gainers/Losers
By Value By Percentage
Company
Change
Company
Value %
Red Sea 5.5 9.32 Red Sea
Bawan 5.5 8.21 ASLAK
ASLAK 3.85 7.64 Bawan
Company
Change
Company
Value %
SVCP -2.5 -4.01 Cables
Saudi Ceramics -1.5 -2.63 NGC
NGC -0.9 -2.43 SVCP
*last 6 days
Real Estate Sector - Top 3 Gainers/Losers
By Value By Percentage
Company
Change
Company
Value %
Jabal Omar 4 9.46 Jabal Omar
Makkah 1.5 1.72 Makkah
Arriyadh Development 0.4 1.65 Arriyadh Development
Company
Change
Company
Value %
Real Estate -0.2 -1.15 Dar Al Arkan
Dar Al Arkan -0.15 -0.43 Real Estate
N/A N/A N/A N/A
*last 6 days

9. TIMMINT Market Intelligence Weekly Report 25 to 01 May, 2014
9
The chart below shows the positioning of the 3 sectors among the other sectors in the Tadawul exchange market by index value
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Banks & Financial Services
15%
Petrochemical Industries
6%
Cement
6%
Retail
12%
Energy & Utilities
4%
Agriculture & Food
Industries
8%
Telecommunication &
Information Technology
2%
Insurance
1%
Multi-Investment
4%
Industrial Investment
6%
Building &
Construction
3%
Real Estate
Development
5%
Transport
7%
Media and Publishing
4%
Hotel & Tourism
17%

10. TIMMINT Market Intelligence Weekly Report 25 to 01 May, 2014
10
WEEKLY TENDERS
Here is a list of the live tenders:
N: Issue Date Bid Due Date Title Issuer Sector
1 4/28/2014 5/5/2014 Maintenance of Pavements of Streets
Abu Arish Municipality
Associated with Secretariat of
Jazan Region
Governmental Institutions:
Ministries and Municipalities
2 4/28/2014 5/6/2014 Asphalting, Paving and Lighting Work Northern Border Municipality
Governmental Institutions:
Ministries and Municipalities
3 4/28/2014 5/27/2014
Excavation of Flood Hazards Prevention and Storm
Water Drainage
Al Ghat Governorate
Municipality Associated with
Secretariat of Al Riyadh
Region
Governmental Institutions:
Ministries and Municipalities
4 4/28/2014 5/27/2014 Asphalting, Pavement and Illumination Works
Al Ghat Governorate
Municipality Associated with
Secretariat of Al Riyadh
Region
Governmental Institutions:
Ministries and Municipalities
5 4/28/2014 5/27/2014 Construction of Market and Slaughterhouse
Al Ghat Governorate
Municipality Associated with
Secretariat of Al Riyadh
Region
Governmental Institutions:
Ministries and Municipalities
6 4/28/2014 5/6/2014 Asphalting, Pavement and Illumination Works
Turaif Municipality Associated
with Secretariat of Northern
Border Region
Construction: Construction
and Design
7 4/28/2014 5/6/2014
Asphalting, Pavement and Illumination Works for
Municipality
Turaif Municipality Associated
with Secretariat Ofnorthern
Border Region
Construction: Construction
and Design
8 4/28/2014 5/6/2014 Asphalting, Pavement and Illumination Works
Turaif Municipality Associated
with Secretariat Ofnorthern
Border Region
Construction: Construction
and Design
9 4/28/2014 5/6/2014 Asphalting, Pavement and Illumination Works
Turaif Municipality Associated
with Secretariat Ofnorthern
Border Region
Construction: Construction
and Design
10 4/28/2014 5/6/2014 Improvement and Beautification of Entrances
Turaif Municipality Associated
with Secretariat Ofnorthern
Border Region
Construction: Construction
and Design
11 4/28/2014 5/6/2014 Improvement and Beautification of Entrances
Turaif Municipality Associated
with Secretariat Ofnorthern
Border Region
Construction: Construction
and Design
12 4/28/2014 5/6/2014 Excavation of Flood Hazards Prevention
Turaif Municipality Associated
with Secretariat Ofnorthern
Border Region
Construction: Construction
and Design
13 4/28/2014 5/6/2014 Construction of Buildings and Attachments
Turaif Municipality Associated
with Secretariat Ofnorthern
Border Region
Real Estate
14 4/28/2014 5/6/2014
Construction of Garden, Courtyards and Pedestrian
Paths
Turaif Municipality Associated
with Secretariat Ofnorthern
Border Region
Construction: Construction
and Design
15 4/28/2014 5/6/2014
Improvement and Beautification of Entrances, Fields
and Communities
Turaif Municipality Associated
with Secretariat Ofnorthern
Border Region
Construction: Construction
and Design
16 4/28/2014 5/21/2014 Assay Settlement and Fencing the Land of the Office Ministry of Interior
Construction: Construction
and Design
17 4/28/2014 5/14/2014
Insurance and Installation Requirements of the New
Well
Ministry of Interior
Construction: Construction
and Design
18 4/28/2014 5/27/2014
Excavation of Flood Hazards Prevention in
Associated Villages
Al Ghat Governorate
Municipality Associated with
Secretariat of Al Riyadh
Region
Construction: Construction
and Design

11. TIMMINT Market Intelligence Weekly Report 25 to 01 May, 2014
11
19 4/28/2014 5/27/2014 Construction of Buildings and Attachments
Al Ghat Governorate
Municipality Associated with
Secretariat of Al Riyadh
Region
Real Estate
20 4/28/2014 5/27/2014 Asphalting Granted Schemes
Al Ghat Governorate
Municipality Associated with
Secretariat of Al Riyadh
Region
Construction: Construction
and Design
21 4/28/2014 5/6/2014
Asphalting, Paving and Lighting in Turayf
Municipality
Northern Border Municipality
Construction: Construction
and Design
22 4/28/2014 5/21/2014 Fencing of Cemeteries Tender and Sinks Dead
Ministry of Municipality and
Rural Affairs
Construction: Construction
and Design
23 4/28/2014 5/21/2014 Establishment of the Center of Civilized
Ministry of Municipality and
Rural Affairs
Real Estate
24 4/28/2014 5/20/2014 Maintenance of Sidewalks and New Jersey
Ministry of Municipality and
Rural Affairs
Construction: Construction
and Design
25 4/28/2014 5/20/2014 Maintenance of Sidewalks
Ministry of Municipality and
Rural Affairs
Construction: Construction
and Design
26 4/28/2014 5/21/2014
Process Maintenance Tile Interlock Curbs and
Sidewalks and Curbs Flowers
Ministry of Municipality and
Rural Affairs
Construction: Construction
and Design
27 4/28/2014 5/20/2014 Maintenance Break Municipal Mayor Triangulation
Ministry of Municipality and
Rural Affairs
Construction: Construction
and Design
28 4/28/2014 5/21/2014
Asphalt, Pavements and Lighting of the Secretariat
of Municipalities
Ministry of Municipality and
Rural Affairs
Construction: Construction
and Design
29 4/28/2014 5/6/2014
Development and Rehabilitation of Main and
Structural Roads
Turaif Municipality Associated
with Secretariat Ofnorthern
Border Region
Construction: Construction
and Design
30 4/28/2014 6/13/2014 Implementation Group Thirteenth Ministry of Islamic Affairs Real Estate
31 4/28/2014 6/13/2014 Implementation Group Fourteenth Ministry of Islamic Affairs Real Estate
32 4/28/2014 6/13/2014 Construction of Mnaqshalmjmuah and a Mosque Ministry of Islamic Affairs Real Estate
33 4/28/2014 6/13/2014 Implementation Group Eleventh Number Ministry of Islamic Affairs Real Estate
34 4/28/2014 6/13/2014 Implementation Group Twelfth Number Ministry of Islamic Affairs Real Estate
35 4/29/2014 5/28/2014
Asphalting, Paving and Lighting in Bareq
Municipality
Assir Municipality
Governmental Institutions:
Ministries and Municipalities
36 4/29/2014 6/1/2014 Asphalting, Pavement and Illumination Works
Khamis Mushayt Municipality
Associated with Secretariat of
Assir Region
Governmental Institutions:
Ministries and Municipalities
37 4/29/2014 6/1/2014 Asphalting, Pavement and Illumination Works
Khamis Mushayt Municipality
Associated with Secretariat of
Assir Region
Governmental Institutions:
Ministries and Municipalities
38 4/29/2014 6/1/2014 Asphalting, Pavement and Illumination Works
Khamis Mushayt Municipality
Associated with Secretariat of
Assir Region
Governmental Institutions:
Ministries and Municipalities
39 4/29/2014 6/1/2014
Construction of Garden, Parks, Courtyards and
Pedestrian Paths
Khamis Mushayt Municipality
Associated with Secretariat of
Assir Region
Governmental Institutions:
Ministries and Municipalities
40 4/29/2014 6/1/2014
Construction of Market and Slaughterhouse (Project
I)
Khamis Mushayt Municipality
Associated with Secretariat of
Assir Region
Governmental Institutions:
Ministries and Municipalities
41 4/29/2014 6/1/2014 Excavation of Flood Hazards Prevention
Khamis Mushayt Municipality
Associated with Secretariat of
Assir Region
Governmental Institutions:
Ministries and Municipalities
42 4/29/2014 6/1/2014 Excavation of Flood Hazards Prevention
Khamis Mushayt Municipality
Associated with Secretariat of
Assir Region
Governmental Institutions:
Ministries and Municipalities

12. TIMMINT Market Intelligence Weekly Report 25 to 01 May, 2014
12
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