Tag: Saudi Arabia

Construction & Real Estate

Linxon lands 380kV substation projects contract in Saudi Arabia

Linxon has announced that it has secured a series of turnkey orders for 380/110/13.8kV substation projects in Saudi Arabia. A global engineering, procurement and construction company, Linxon is a joint venture between AtkinsRéalis and Hitachi Energy. ...

Construction & Real Estate

Saudi construction costs rise 1% in November

The Construction Cost Index in Saudi Arabia rose 1% in November 2025 compared with the same month last year, driven by a 1% increase in both residential and non-residential construction costs, according to data released by the General Authority for Statistics (GASTAT)....

Construction & Real Estate

Maria Morris Global set to launch Saudi operations

Maria Morris Global (MMG), a Dubai-based real estate advisory company, has announced a strategic partnership with Alta Real Estate Advisory, a boutique Saudi advisory firm, in a move that paves the way for launch of MMG's operations in the kingdom next year. ...

Construction & Real Estate

Saudi Arabia opens new facilities at King Salman Air Base

Saudi Arabia has announced the opening of new facilities at the King Salman Air Base in the Central Sector. These include 115 buildings ( technical, administrative, and residential) covering 126,000 sq m area along with runways, aircraft parking aprons, helicopter pads and hangars. ...

Construction & Real Estate

Summit propels Saudi Arabia to the forefront of global water innovation

Saudi Arabia’s role as a driver of innovation for a safer, secure future for global water was amplified on day two of the 4th Innovation-Driven Water Sustainability Conference (IDWS) 2025 held in Jeddah, as the event’s focus shifted from announcements to practical delivery and real-world case studies. ...

Construction & Real Estate

Saudi real estate market posts Q3 growth on solid investor demand

A dynamic real estate landscape continued to unfold across the Kingdom of Saudi Arabia in Q3 catalysed by Vision 2030's transformative impact. Amidst this comes a new wave of regulatory changes that is set to significantly influence real estate dynamics, said an expert. ...

Construction & Real Estate

Saudi Arabia, Qatar sign deal to build high-speed rail link

Saudi Arabia and Qatar have signed a deal to build a high-speed rail link between the two countries. The 785-km network, which will connect King Salman International in Riyadh to Hamad International Airport in Doha, will carry trains with speeds above 300 kph. ...

Construction & Real Estate

NBB seals finance deal with Kanoo for premium residential projects

The National Bank of Bahrain (NBB) has signed an agreement with Kanoo Real Estate, a division of the Yusuf Bin Ahmed Kanoo Group, to provide financing for their premium residential developments coming up in the kingdoms of Bahrain and Saudi Arabia. ...

Construction & Real Estate

TBEA wins 380/132kV GIS substation project in Saudi Arabia

Chinese group TBEA has won the bid from Saudi Electricity Company (SEC) for the construction of a new 380/132kV substation in the kingdom's Namria region as well as expansion of two existing substations in the surrounding areas. ...

Construction & Real Estate

Mott MacDonald named advisor for Saudi airport development plans

Mott MacDonald has been appointed as the Airports Masterplan Framework consultant to advise on airport development work across Saudi Arabia. In this role, Mott MacDonald will conduct comprehensive reviews to existing masterplans for 25 Saudi airports. ...

Construction & Real Estate

NHC signs $266m Makkah Gate development deal

Saudi Arabia's National Housing Company (NHC) has signed a sub-development agreement with Turkish company Emlak Konut to develop several allocated lands in the Makkah Gate Destination in the Saudi city at an investment value of over SAR1 billion ($266 million). ...

Construction & Real Estate

Samsung E&A’s Saudi Arabia APOC project wins award

Samsung E&A, a total solutions provider for the global energy industry, announced that its Saudi Arabia Advanced Polyolefin Company (APOC) Propane Dehydrogenation and Utilities & Offsite (PDH/UTOS) Project has been selected as the Energy Project of the Year at the 2025 MEED Projects Awards, presented in association with Mashreq....

Construction & Real Estate

Cheval Collection continues ME expansion with second property in KSA

Cheval Collection, the UK-based, award-winning luxury hospitality company specialising in top quality serviced apartments, has signed an agreement with KSA’s Ladun Investment Company to open a second site in Riyadh, Saudi Arabia, further strengthening the group’s presence in the Kingdom....

Construction & Real Estate

Gallagher forecasts key changes in construction insurance

Leading insurance broker, risk management services and consulting firm Gallagher has shared critical insights on the evolving trends in construction insurance at the Cityscape Global in Riyadh....

Construction & Real Estate

JLL sets up new real estate knowledge hub in Saudi Arabia

Leading real estate industry expert JLL has announced the launch of its Real Estate Knowledge Hub in Saudi Arabia, a pioneering initiative designed to cultivate a skilled workforce and advance professional expertise within the kingdom’s rapidly evolving real estate sector. ...