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Tag: Riyadh

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. ...

Construction & Real Estate

Taiba unit in deal to build 159-key hotel project in Riyadh

Saudi-based Taiba Investments has announced that one of its key subsidiaries, Smart Hotel Zone Company, had signed up Al Saad Contracting Company for the construction of a 159-key hotel project within the STC Square mixed-use development in Riyadh. ...

Construction & Real Estate

Dar Al Majd to build three premium residential projects in Riyadh

Leading Saudi group Dar Al Majd Real Estate Company has announced that it has signed an agreement with the Jadwa Al Manzel Real Estate Fund for the development of three premium residential projects in Riyadh under the Off-Plan Sales Program (Wafi). ...

Construction & Real Estate

PwC moves flagship office to Riyadh’s spacious Laysen Valley premises

PwC Middle East has relocated its office to Riyadh's Laysen Valley, providing an expanded space for its growing operations in the kingdom. Spanning 22,400 sq m, the new office stands 11storeys tall, providing a dedicated space for co-creation and innovative work. ...

Construction & Real Estate

QIC announces opening of PlayMaker Studios at Qiddiya City

Qiddiya Investment Company has announced the official unveiling of PlayMaker Studios at Qiddiya City, marking a strategic addition to Saudi Arabia’s film production infrastructure. It builds on the kingdom's growing success in the creative industries. ...

Construction & Real Estate

Salone del Mobile.Milano launches in Riyadh for first time

The first edition of “Salone del Mobile.Milano” in Riyadh, which opened on November 26 under the theme ‘Red in progress’, will conclude today (November 28) at King Abdullah Financial District (KAFD)....

Construction & Real Estate

Ezdihar unveils new residential community project in Riyadh

Ezdihar Real Estate Development has announced the launch of its new residential community - Mashael Al Fursan - located within the Al Fursan masterplan in northeast Riyadh. Spanning 159,000 sq m area, it features 26 residential buildings offering 1,150 units. ...

Construction & Real Estate

Qiddiya City to open Six Flags Qiddiya City on December 31

Qiddiya City, an ambitious entertainment, culture and sports megaproject being developed near Riyadh, is set to open its doors to visitors with the launch of Six Flags Qiddiya City, Saudi Arabia’s first-of-its-kind theme park and entertainment destination, on December 31, 2025....

Construction & Real Estate

RX to launch top real estate show MIPIM in Riyadh

RX, a global leader in events and exhibitions and the organiser of the industry flagship MIPIM, has announced it is debuting a new show, MIPIM Middle East, next year....

Construction & Real Estate

EIF to set up premium shooting sports complex in Qiddiya City

Events Investment Fund, the newly-launched unit of Saudi National Development Fund (NDF), has announced plans to set up the Riyadh Shooting Range & Entertainment Complex at an investment of over SAR491 million ($131 million) within Qiddiya City. ...

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