Tuesday, November 10, 2026
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Tag: SaudI

Construction & Real Estate

GCC eyes regional water interconnection project, power grid expansion

The Gulf states are studying the possibility of establishing a regional water interconnection network and expanding their existing electricity interconnection system to strengthen resource security and ensure the continuity of essential services, said a top official after a utility committee meeting....

Construction & Real Estate

Retal expands into Bahrain with 700-unit Bilaj Al Jazayer project

Saudi-listed Retal Urban Development Company has signed a partnership with Edamah, the real estate arm of Bahrain's sovereign wealth fund Mumtalakat to enter the kingdom’s real estate market through a mixed-use development at Bilaj Al Jazayer featuring more than 700 residential and retail units. ...

Construction & Real Estate

Enowa completes energisation of primary substation at Oxagon

Enowa, the energy, water and hydrogen subsidiary of mega Saudi futuristic city NEOM, said it has completed the energisation of the Primary Substation South-B (PSS-B), thus marking another major step in expanding Oxagon’s advanced power infrastructure. This comes following the successful operation of BSP South earlier this year. ...

Construction & Real Estate

QIC signs up Golf Saudi to manage its 18-hole Qiddiya City golf course

Qiddiya Investment Company, a subsidiary of Saudi Arabia's sovereign wealth fund PIF, has named its 18-hole championship golf course within its Qiddiya City development as the National Golf Club and appointed Golf Saudi to operate the facility under a five-year management agreement....

Construction & Real Estate

Riyadh awards contract for first alternative mobility network phase

Remat Al-Riyadh Development Company, the development arm of Riyadh Municipality, has signed a contract with International Modern Industries Company for the development and operation of the first phase of an alternative mobility network spanning about 22 km in the Saudi capital. ...

Construction & Real Estate

John Crane seals three-year deal with Saudi phosphate mining leader

John Crane, a global leader in flow-control technologies and an innovator in solutions for rotating equipment, and a business of Smiths Group, has secured a three-year managed reliability programme with a major phosphate mining and fertiliser producer in the Kingdom of Saudi Arabia. ...

Construction & Real Estate

Acwa Power signs $478m water purchase deal for Dubai desal project

Saudi utility major Acwa Power has sealed a SAR1.79 billion ($478 million) water purchase agreement with the Dubai Electricity and Water Authority for the Hassyan project with a capacity of 272,000 cu m of water per day. The scope of work includes development, funding, construction and operation of the SWRO plant....

Construction & Real Estate

Port of NEOM, Ceva Almajdouie to develop multimodal logistics corridor

Port of NEOM, a strategic deep-water maritime and logistics hub located at Oxagon within the mega Saudi futuristic city, haas signed an agreement with Ceva Almajdouie Logistics to explore integrated logistics solutions linking Europe, Egypt, Saudi Arabia, the GCC and Iraq through an emerging multimodal trade corridor....

Construction & Real Estate

Saudi, UAE win big at 2026 American Concrete Institute Awards

Saudi Arabia led Gulf winners at the 2026 American Concrete Institute Excellence in Concrete Construction Awards, with its projects (NovusCrete, King Salman International Complex and Aramco Stadium) securing first-place honours in three categories, while Dubai’s Wasl Tower won in the high-rise structures category. ...

Construction & Real Estate

Arada enters Saudi Arabia with $3.8bn residential masterplan

UAE developer Arada has launched Arada KSA, marking its entry into Saudi Arabia with a AED14 billion ($3.8 billion) residential development in Riyadh. Spanning 2.5 million sq m, it will boast 3,500 villas and townhouses surrounded by 100,000 trees, with top-class amenities including a school, retail and sporting facilities. ...

Construction & Real Estate

Alandalus Property unit buys prime warehouse plots in Riyadh

Saudi-based Alandalus Property has announced that its key subsidiary, Marafiq Alandalus Allujistiyah, has acquired a prime plot of land spanning 44,550 sq m within the Al Mashael District in Riyadh. This land will be used for the development of logistics warehouses and other associated facilities. ...

Construction & Real Estate

Armah inks land lease agreement to develop sports club in Riyadh

Saudi-based Armah Sports Company (Armah) has signed a land lease agreement with Fawaz Abdulmohsen Saad Bin Saeed to develop and operate a men's sports club in Riyadh. This 20-year deal comes as part of the group's strategy to expand through prime locations in the kingdom....

Construction & Real Estate

L&T in deal to develop Saudi renewable energy talent

Indian construction and engineering conglomerate Larsen & Toubro (L&T) has signed an agreement with Onaizah Colleges to prepare Saudi students for careers in renewable energy, supporting the kingdom’s energy transition and its Vision 2030 goal of developing a skilled national workforce. ...

Construction & Real Estate

Desert Tech, EnerVenue to launch 215 kWh energy storage pilot in Saudi Arabia

Desert Technologies, a leading Saudi clean energy and smart infrastructure company, has signed an agreement with US energy storage technology company EnerVenue to explore the deployment of advanced energy storage solutions in the kingdom, including a 215 kilowatt-hour (kWh) energy storage pilot planned for the first quarter of 2027. ...

Construction & Real Estate

MSGA signs residential units sale deal with Sakan

Saudi-based MSGA Investment Company has signed an agreement with the kingdom's Developmental Housing Foundation (Sakan) for the sale of residential units within its premium project - MSGA 30 project - at Al Safa district in Riyadh. ...

Construction & Real Estate

Sepco secures 500MW/2,000MWh Saudi BESS project contract

Shandong Electric Power Construction Corporation (Sepco) has secured the Saudi Arabia Group 1-KSB Independent Battery Energy Storage System (BESS) project, which forms part of the kingdom’s first wave of large-scale BESS projects, with a planned capacity of 500MW/2,000MWh. ...

Construction & Real Estate

Elsewedy Electric JV lands contract for $2.2bn Rabigh 2 IPP project

Elsewedy Electric said its joint venture with Sinohydro, a leading global contractor, has won a major contract from Al Mourjan Two for Electricity Company, to provide EPC services for the Rabigh 2 Independent Power Plant (IPP) Expansion Project, a gas-fired combined-cycle development with a total value of $2.2 billion. ...

Construction & Real Estate

Dalipal inks deal to set up manufacturing base in King Salman Energy Park

Dalipal Holdings, a leading Chinese manufacturer of pipes and equipment for the oil and gas sector, has signed a 25-year land lease deal with King Salman Energy Park to set up its manufacturing base at SPARK. The company is set to invest $600 million in the first phase of its major Saudi complex. ...

Construction & Real Estate

Saudi group Advanced Packaging to set up 25,500-sq-m factory in Oman

Saudi-based Advanced Packaging Company has signed an agreement for the establishment of a 25,500-sq-m factory within Oman's Salalah Free Zone, said a report. It is the company’s third factory in the GCC region, following two such facilities in Saudi Arabia. ...

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