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Tag: Riyadh

Construction & Real Estate

Saudi RGA outlines key routes linking Riyadh to Hail heritage sites

The Roads General Authority (RGA) has outlined two main routes linking Riyadh to Hail as part of its efforts to improve access to one of the kingdom's major tourism destinations located in the northwestern region, known for its mountain landscapes and historical sites....

Construction & Real Estate

Saudi Binladin upgrades King Fahd Stadium for FIFA World Cup 2034

Saudi Binladin Group (SBG) has announced that it has begun redeveloping the King Fahd Sports City Stadium in Riyadh as the kingdom gears up for the 2034 FIFA World Cup. It involves the modernisation of the stadium as per global standards with a seating capacity for 70,200 spectators. ...

Construction & Real Estate

Roshn unveils curated collection of villas in Sedra community

Roshn Group has unveiled the first curated collection of villas within its Sedra community in Riyadh, with show villas introducing new and exclusive designs. These are available in four- and five-bedroom configurations, catering to the needs of a wide range of families....

Construction & Real Estate

Cityscape Global to highlight investment shift toward integrated developments

Saudi Arabia’s ambition to welcome 150 million annual visitors by 2030, alongside an estimated $6.3 billion in potential private global real estate investment, is accelerating demand for integrated destinations that combine hospitality, retail, leisure and residential development, says a report. ...

Construction & Real Estate

Alkhorayef inks Riyadh City sewage network maintenance contract

Saudi-based Alkhorayef Water and Power Technologies Company has signed an agreement with Royal Commission for Riyadh City (RCRC) for the provision of comprehensive operation and maintenance of treated sewage effluent (TSE) network and it facilities in the Saudi capital....

Construction & Real Estate

Top Saudi expo brings the ‘world of wood’ to Riyadh

Saudi Wood Expo, the largest and licensed wood exhibition in the kingdom, will be back for its third edition starting from August 30 in Riyadh bringing together international exhibitors and industry professionals from over 20 countries to explore opportunities in the kingdom's $4.1 billion wood sector. ...

Construction & Real Estate

KEC awards construction contract for Riyadh Schools Complex

Knowledge Economic City (KEC) has announced that it has awarded architectural and MEP works contract to Astra Construction for the Riyadh Schools Complex coming up within the key urban development project in Madinah. The entire work will be completed within 10 months. ...

Construction & Real Estate

Asas Makeen sets up new fund for Riyadh land development

Saudi-based Asas Makeen Real Estate Development has signed a framework agreement with two key entities - Middle East Financial Investment and Binaa Altharwat Company - to set up a real estate investment fund for the development of prime land owned by the company in Riyadh. ...

Construction & Real Estate

Alandalus buys prime plot in Riyadh to build educational complex

Saudi-based Alandalus Property Company said one of its key subsidiaries, Alandalus litashid Almabany Aldirasia Company, has acquired a prime plot of land within the Al Naseem District in Riyadh city designated for the development of an educational complex. ...

Construction & Real Estate

Banan wins contract to develop Riyadh hotel project

Banan Real Estate Company has announced that it has secured a contract from Saudi-based Afaq Al Qimma Al Rabiaa Al Mutatawera Company for the development and marketing of a hotel project within Al Rahmaniya neighbourhood in capital Riyadh....

Construction & Real Estate

JLL named leasing agent for Al Bustan Business Park in Riyadh

Global real estate expert JLL has been signed up as the exclusive leasing agent for Al Bustan Business Park, a new Grade A commercial development in Riyadh by Olayan Financing Company comprising six office buildings with one designated as Olayan’s new headquarters, alongside two dedicated F&B building. ...

Construction & Real Estate

Radisson ramps up Saudi expansion, eyes 100 properties by 2030

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....

Construction & Real Estate

Ladun JV lands $639m Riyadh infrastructure development works deal

Ladun Investment Company said its joint venture with Al Ayuni Investment has been awarded SAR2.4 billion ($639 million) contracts for the infrastructure development works on key Al Qirawan, Al Narjis and Namar plots under the Real Estate Balance Program – Phase One in 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....

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