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Tag: RIyadh

Construction & Real Estate

Saudi Arabia suspends work on Mukaab megaproject, says report

Saudi Arabia has suspended planned construction of a colossal cube-shaped skyscraper named Mukaab at the centre of a downtown development in Riyadh while it reassesses the project's financing and feasibility, Reuters said quoting four people familiar with the matter. ...

Construction & Real Estate

300,000 homes planned for Riyadh in next 3 years

Saudi Arabia plans to deliver more than 300,000 new housing units in Riyadh over the next three years, Minister of Municipalities and Housing Majed Al-Hogail said on Sunday, underscoring the Kingdom’s push to balance supply and demand in its real estate market....

Construction & Real Estate

Riyadh–Jeddah Land Bridge project set for 2034 completion

Saudi Arabia Railways (SAR) has announced that work is moving at a steady pace on the Land Bridge Project linking Riyadh and Jeddah and will be delivered 'through a new mechanism and in phases' with completion expected before 2034. ...

Construction & Real Estate

Big 5 Construct Saudi’s January edition targets the Kingdom’s fit-out and finishing boom

As Saudi construction sector moves at unprecedented scale and speed, Big 5 Construct Saudi has positioned its January edition as the first major industry touchpoint of the year. The four-day event focuses on fit-out, finishing and project delivery at a critical moment when project developments are rapidly moving from design into execution, said the event organisers. ...

Construction & Real Estate

Big 5 Construct Saudi draws over 1,100 exhibitors from 50 countries

Big 5 Construct Saudi has opened its doors for the January edition in Riyadh bringing together the industry that drives the kingdom’s $1.7 trillion construction project pipeline. More than 1,100 exhibitors from over 50 countries will be taking part in the four-day event. ...

Construction & Real Estate

ElKhereiji lands Knowledge Economic City residential towers contract

The Knowledge Economic City has signed up ElKhereiji Commerce & Contracting to deliver the construction and electromechanical works for four residential towers within the Phase I of Al Alya mixed-use project in Riyadh. Spanning 270,000 sq m, Al Alya is one of the anchor projects at KEC featuring 2,000 residential units and other key amenities. ...

Construction & Real Estate

Experts to discuss waste, water and circular economy at IFAT Saudi Arabia

Global industry leaders, senior policymakers and investors will be in Riyadh to discuss ways to strengthen waste and water systems, advance circular economy models and support long-term environmental resilience at the IFAT Saudi Arabia Summit which kicks off this month. ...

Construction & Real Estate

Mott MacDonald boosts Saudi presence with new Riyadh office

Mott MacDonald, a global engineering, management and development consultancy, has opened its new office in Riyadh as part of its commitment to long-term investment in Saudi Arabia. Through this move, it aims to deliver an expanding pipeline of high-value projects across the Middle East. ...

Construction & Real Estate

CATL opens Mideast's largest new energy aftermarket facility in Riyadh

Leading Chinese battery manufacturer CATL has opened its first new energy aftermarket facility in the Middle East at Riyadh. The launch of the Ning Service Experience Center comes as Saudi Arabia advances its ambitious electrification and decarbonisation goals under Vision 2030. ...

Construction & Real Estate

Alramz in deal to develop premium residential project in Riyadh

Saudi-based Alramz Real Estate has announced that it has signed an agreement to establish a SAR2.5 billion ($666 million) shariah-compliant real estate investment fund to develop its residential project - Rabwa Alramz - in Riyadh, with SNB Capital acting as the fund manager. ...

Construction & Real Estate

Asas Makeen signs up Tashyeed Hayat for key Riyadh projects

Saudi-based Asas Makeen Real Estate Development and Investment Company has announced that it has signed up Tashyeed Hayat Contracting Company for carrying out construction work on several of its prime projects across capital Riyadh. ...

Construction & Real Estate

Six Flags Qiddiya City opens

Six Flags Qiddiya City, a major new entertainment destination in Saudi Arabia, was officially opened on Monday evening under the patronage of Governor of Riyadh Region Prince Faisal bin Bandar bin Abdulaziz....

Construction & Real Estate

Riyadh announces $2bn main ring road axes development programme

The Royal Commission for Riyadh City (RCRC) has ‎announced Package 3 of the Riyadh Main and Ring Road Axes ‎Development Programme, comprising six major projects with a total ‎budget of over SAR8 billion ($2 billion). This package is scheduled for completion within 4 years. ...

Construction & Real Estate

RMJM unveils 'Salmani design' mixed-use project in Riyadh

RMJM, one of the leading culturally diverse architecture firms in the world, has unveiled the design for a new mixed-use development coming up in Al Qairawan, Riyadh. The architecture adopts a facade-driven approach informed by Salmani design principles. ...

Construction & Real Estate

EHAF Consulting Engineers wins prime Saudi project contract

EHAF Consulting Engineers has announced that it has been appointed as the project, programme and construction management (PMCM) services consultant for a premium residential community - Raseen - in Riyadh. The project is being developed by leading Saudi master developer AlOula. ...

Construction & Real Estate

57,000 new units in Riyadh’s 2026-27 residential pipeline, says report

Residential sales values in Riyadh hit SAR17.6 billion ($4.69 billion) in Q3 as the city prepares to deliver 57,000 new units in 2026-27, said a report. Property purchases across key cities will rise further in 2026 as new foreign ownership law takes effect. ...

Construction & Real Estate

New Murabba signs strategic deal with Saudi housing ministry

New Murabba, a unit of Saudi wealth fund PIF, has signed a strategic agreement with the Ministry of Municipalities and Housing to jointly work on streamlining development processes, implementation of smart city standards as well as enhancing the quality of life for residents. ...

Construction & Real Estate

Over 60 top developers prequalify for SWPC wastewater projects

Saudi Water Partnership Company (SWPC) has announced that more than 60 leading developers have prequalifed for the second edition of its upcoming Independent Water Projects (IWP) and Independent Sewage Treatment Plant (ISTP) projects in the kingdom. ...

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