Knowledge Economic City (KEC), a leading master developer, has partnered with global hospitality agency TGP International to develop a new Food Hall at Multaqa AlMadinah Mall. ...
On the sidelines of the Future Hospitality Summit (FHS) World, Munther Shaker, Financial Analyst – Investment at Knowledge Economic City (KEC), shared insights into how the integrated master-planned destination is redefining the hospitality landscape in Madinah....
Saudi Arabia’s Knowledge Economic City has signed an agreement with Almajdiah and Capital Hill for the development of a new residential project in Madinah at an estimated cost of SAR2.8 billion ($738 million). The project will boast around 2,700 residential apartments as well as 8,000 sqm net leasable commercial space....
Saudi Arabia's Knowledge Economic City (KEC) has announced that it had signed an agreement with Kaden Investment Company to develop a mixed-use project in Madinah with an estimated gross floor area of about 229,117 sq m. ...
In an exclusive interview with Gulf Construction, Knowledge Economic City’s CEO Dr Moath Al-Yahya outlines the accelerated delivery of KEC’s major destinations and its vision for an integrated city combining hospitality, residential, cultural and lifestyle offerings....
Madinah Regional Municipality has launched the pilot phase of the second stage of the Madinah Parking Project, covering several key areas as part of its efforts to enhance mobility, improve accessibility, and streamline transportation across the city....
Knowledge Economic City has announced a strategic partnership with UAE-based Apparel Group to bring 24 international retail and dining brands across 8,686 sq m to its Multaqa Al Madinah Mall, including 10 brands making their debut in Madinah....
Red Sea International, a specialist in modular construction and prefabricated buildings, has sought regulatory approval to raise SAR280 million ($73.7 million) through a rights issue of 28 million ordinary shares, which would boost its capital to SAR762.7 million ($201 million). ...
Masdar, a leading building and construction materials company in Saudi Arabia, has announced the opening of its fully integrated construction and building materials facility in Madinah. ...
Knowledge Economic City (KEC), together with its subsidiary Algharraa International Real Estate, has signed an agreement with BSF Capital to establish a private real estate fund for the development of Knowledge Gardens project, being set up within its premises in Madinah at an investment of SAR7.5 billion ($1.96 billion)....
Saudi Arabia's Knowledge Economic City has announced the sale of 17,624.85 sq m plots of land within its premises in Madinah to two key entities - Al Bawaba International Investment and Olu Real Estate Company. The duo will be using these plots for the development of a mixed-use project. ...
Road development activities in Saudi Arabia gathered pace during the first half of 2026 with the rollout of new projects and advanced technologies across the kingdom's transport network. A total of 40 new road projects covering Makkah, Madinah and Qassim region were inaugurated this year....
Saudi Arabia is looking for private investors to fund a $135 million ferris wheel in Madinah, as the kingdom pushes to expand attractions for pilgrims and domestic travellers beyond its holy sites, said a report. The project, Hijaz Eye, would be built on a 33,700 sq m plot, roughly the size of five football pitches. ...
Saudi Arabia's Red Sea International Company said it has completed regulatory approvals and taken possession of a 63,088-sq-m prime plot of land in Madinah, thus marking the start of its contractual obligations under a 50-year lease agreement with the municipality. ...
Radisson continues to expand in Saudi Arabia, with 50 hotels open and under development across the kingdom, as it targets 100 properties in operation by 2030. The group aims to open 1,000 more rooms in the country during the second half, said a top official....
Taiba Investment Company has signed a final partnership agreement with Osool Integrated Real Estate Company to develop, refurbish and operate three hotels in the central area of Madinah in a project valued at SAR2.4 billion ($640 million), strengthening the city’s hospitality infrastructure as Saudi Arabia expands accommodation capacity for pilgrims under Vision 2030....
Saudi Arabia's National Center for Privatisation & PPP (NCP) has invited bids from leading local and international investors, financial institutions and operators for a 84,657-sq-m mixed-use development project at Sikkah Al Hadid located west of Madinah city. ...
Saudi-based Najran Cement has awarded a key contract to Sinoma International Engineering for the implementation of an electric grid connection project at Sultanah in the Madinah province under the Liquid Fuel Displacement Program. The entire work will be completed within a eight-month period. ...
Indra, a Spanish aerospace, defence and mobility systems group, has announced that it has secured the renewal of its operation and maintenance contract for the Haramain High-Speed Line project from Saudi Arabia Railways (SAR) for another five-year term. ...
Talgo, a leading Spanish company specialising in the design and manufacture of high-speed lightweight trains, has secured a new order worth €1.3 billion ($1.53 billion) from the Saudi Arabia Railways for supply of 20 high-speed trains. This comes after Talgo's successful delivery of 35 trains to SAR in 2018. ...
