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Tag: RIyadh

Construction & Real Estate

King Abdullah Financial District seals partnership with Osool Real Estate

King Abdullah Financial District Development and Management Company said it has signed an agreement with Osool Integrated Real Estate Company that will see the duo work together to identify and execute potential investment opportunities across its portfolio of development projects. ...

Construction & Real Estate

Riyadh's KAFD DMC secures $3.2bn finance facility

King Abdullah Financial District Development and Management Company (KAFD DMC), the developer and operator of Riyadh’s premier business and lifestyle destination, has secured a SAR12 billion ($3.2 billion), 15-year, senior-secured Murabaha facility, its first independently secured debt facility. ...

Construction & Real Estate

Georg Fischer opens new commercial office in Riyadh

Georg Fischer (GF), a Swiss company dedicated to the manufacture, supply and marketing of thermoplastic piping systems, has announced the opening of its commercial office in Riyadh. With this move, GF aims to bring its global Flow Solutions expertise closer to its customers in Saudi Arabia....

Construction & Real Estate

Al Ramz Real Estate to take full control of Riyadh mixed-use project

Saudi-listed Al Ramz Real Estate Company said it has signed agreements to acquire the remaining units in a private real estate investment fund that owns the Qurtuba 2 development in Riyadh, in a deal valued at SAR 133 million ($35.5 million)....

Construction & Real Estate

RCRC commences construction of seven bridges in Riyadh

The Royal Commission for Riyadh City (RCRC) has commenced work on the Othman Bin Affan Road and King Salman Road development project, which aims to improve traffic flow and enhance the overall mobility experience across the Saudi capital....

Construction & Real Estate

Cityscape Global returns to Riyadh as Saudi real estate push gains pace

Leading real estate expo Cityscape Global 2026 will be back in Riyadh this November, bringing together investors, developers, policymakers and industry leaders from across the globe as Saudi Arabia continues to expand investment in real estate and urban development under its economic transformation plans....

Construction & Real Estate

Ladun secures $637m Riyadh infrastructure development contracts

Ladun Investment Company has secured SAR2.39 billion ($637 million) contracts to carry out infrastructure development work at Al Qirawan and Al Narjis districts as well as the Namar real estate development - in the Saudi capital. They will be executed in consortium with Al Ayuni Investment and Contracting. ...

Construction & Real Estate

Riyadh begins major intersection upgrades in key districts

Work has begun on a series of intersection upgrades in Riyadh’s western and southern districts, including the one at Ali bin Shiban Street in Al Awali district, as well as the intersection at Ibn Majah Road, as authorities move to modernise infrastructure and ease congestion in the fast-growing capital. ...

Construction & Real Estate

Ladun, Al Ayuni win $87m project under Real Estate Balance Program

Ladun Investment Company, in consortium with Al Ayuni Investment and Contracting Company, has secured a major infrastructure development contract valued at SAR326.7 million ($87.08 million), according to a Saudi Stock Exchange (Tadawul) filing....

Construction & Real Estate

Taif Road extension project work 65pc completed

The Royal Commission for Riyadh City (RCRC) has announced steady progress on the Taif Road extension project, a strategic component of the first batch of the SAR13 billion ($3.4 billion) Main & Ring Road Axes Development Programme, with 65% of the work already completed. ...

Construction & Real Estate

Ladun in deal to develop mixed-use real estate project in Riyadh

Saudi-based Ladun Investment Company has announced that it has signed an agreement with Asbar Capital Company for the implementation of a mixed-use real estate development project on a plot of land owned by one of its key funds, located in Riyadh....

Construction & Real Estate

Asas Makeen in deal to develop 503-unit residential project in Riyadh

Saudi-based Asas Makeen Real Estate Development and Investment Company has announced that it has signed an agreement with Tawafuq Al Rimal Real Estate Fund for the development of an integrated residential compound in Al Rimal District, Riyadh, featuring a total of 503 homes. ...

Construction & Real Estate

Alkhorayef lands Riyadh sewage network maintenance contract

Alkhorayef Water and Power Technologies Company has announced that it has secured a contract from the Royal Commission for Riyadh City to provide operation and maintenance services for treated sewage effluent (TSE) networks and facilities in the Saudi capital. ...

Construction & Real Estate

Deal inked to develop prime archaeological, heritage site in Saudi Arabia

The Saudi Heritage Commission, Sadus Foundation and Riyadh Municipality have entered into an agreement to develop the Sadus Historic Village, a prominent archaeological and heritage site in Saudi Arabia. The deal is aimed at rehabilitation of heritage buildings and sites within Sadus. ...

Construction & Real Estate

Group Five Pipe snaps up key Saudi supply contract

Group Five Pipe Saudi Company has announced that it has secured a contract from Esnad Al Turuq Contracting Company for the manufacture and supply of its carbon steel HSAW water transmission system pipes for a project at Ras Al Khair in Riyadh. ...

Construction & Real Estate

Alramz buys prime plot in Riyadh for 135-unit residential project

Saudi-based Al Ramz Real Estate Company has announced that it has acquired a prime 8,600 sq m plot of land in Al Malqa district of the capital Riyadh for the development of a residential project comprising 135 apartments along with premium amenities. ...

Construction & Real Estate

King Abdullah Gardens Project enters fast-track

Construction on the King Abdullah Gardens (KAGA) is advancing rapidly, marking significant progress on one of Riyadh's most prominent environmental initiatives. Spanning more than 2 million sq m, KAGA ranks among the world's three largest covered botanical gardens. ...

Construction & Real Estate

Asas Makeen lands contract for Riyadh villa community project

Asas Makeen for Real Estate Development Company has announced that it has secured a major contract from Awa'id Al Hada for the development of a villa community project in Riyadh. The scope of work includes management and construction of key residential units over a 10,468 sq m area. ...

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