Construction & Real Estate

Sisco unit Tawzea lands Madinah water services contract

Saudi-based Sustainable Infrastructure Holding (Sisco Holding) has announced that its key unit Tawzea has secured a major contract from the kingdom's National Water Company to provide operation and maintenance services for the utility networks and wells in Madinah region for a three-year period. ...

Construction & Real Estate

Saudi Arabia officially opens real estate market to foreign buyers

Saudi Arabia’s Real Estate General Authority has announced that the new laws allowing foreign companies as well as expats to own a wider range of local real estate assets have officially come into effect. With this, all provisions are now enforceable under the national real estate framework. ...

Construction & Real Estate

Linxon completes work on major Saudi 380 kV substation

Linxon, a global engineering, procurement, and construction company, has completed the work on the Taibah 380 kV Bulk Supply Point (BSP) substation and handed it over to the Saudi Electricity Company (SEC), marking a significant milestone in boosting Madinah’s power grid capacity. ...

Construction & Real Estate

Saudi PIF company opens Alsirah Gardens in Madinah

Qsas Company, a major subsidiary of Saudi sovereign wealth fund PIF (Public Investment Fund), has announced the launch of its Alsirah Gardens project in Madinah. Spanning 70,000 sq m, it features seven enrichment zones offering interactive and creative experiences....

Construction & Real Estate

$53bn infrastructure development projects under way in Madinah

Saudi authorities have announced that SAR200 billion ($53 billion) worth of development projects are being implemented in Madinah across key sectors in a bid to boost infrastructure to accommodate the rising number of pilgrims, set to hit 30 million by 2030. ...