ENGIE, a global leader in low-carbon energy and services, today announced the appointment of Turki Al Shehri as Country Manager for Saudi Arabia, effective January 1, 2026. ...
Global engineering and professional services firm WSP has announced that it has signed an agreement with Saudi Authority for Industrial Cities and Technology Zones (Modon) to develop its carbon neutrality strategy, a defining step towards achieving net-zero across its industrial cities, in alignment with Saudi Arabia’s national climate ambitions. ...
Saudi Arabia has launched a new National Privatization Strategy to significantly expand the role of public-private partnerships (PPPs) in delivering and operating large-scale projects and advancing economic diversification in line with Saudi Vision 2030....
ShaikhTech, a Middle East-based technology company involved in proptech, has announced the beta launch of AmanaVest, its global investment access platform designed to enable global investors to explore curated real estate and other investment opportunities in Saudi Arabia. ...
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....
Saudi Arabia’s Real Estate General Authority has announced that the new laws allowing foreign companies as well as expats to own a wider range of local real estate assets have officially come into effect. With this, all provisions are now enforceable under the national real estate framework. ...
Saudi Arabia has issued preliminary design consultancy tenders for the Jeddah Metro project’s Blue Line network, said a report. A 35-km-long network, the Blue Line will run from King Abdulaziz International Airport to the Haramain High-Speed Railway station covering 15 stations....
New Murabba, a Public Investment Fund company, has signed a memorandum of understanding (MoU) with Saudi Arabia's Ministry of Industry and Mineral Resources to explore the strengthening of local content, expand national supply chains, and enhance industrial collaboration across one of the Kingdom’s most ambitious urban developments....
ROSHN Group has launched two new typologies in its ALDANAH community in Dhahran, including villas with an area of 275 sq m and duplexes with an area of 246 sq m. This release caters to the aspirations of diverse customers, with a variety of home sizes and design options....
Arabian Contracting Services Company (Al Arabia) has announced that it has won Cluster 2 Airports Company's bid for setting up billboards (digital interactive and digital screen structures) at 18 airports across the kingdom in addition to its operation and maintenance for a 10-year period. ...
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. ...
KEC International, a global infrastructure engineering, procurement and construction major, has announced the successful completion and energisation of a 380 kV double circuit OHTL in Saudi Arabia. Spanning 103km with 239 towers, it was among the most challenging transmission line projects in the region. ...
Webuild, a global leader in the design and construction sector, has announced that its consortium - comprising Indian construction conglomerate L&T, Saudi Arabia's Nesma and French rail transport giant Alstom - has secured the contract for the extension of Riyadh Metro’s Red Line network. ...
Saipem, a global leader in the engineering and construction of major projects for energy and infrastructure sectors, has announced the restart of operations of the jack-up Perro Negro 7 in Saudi Arabia. The rig can operate in waters up to 375 ft deep and drill wells up to 9,100m. ...
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. ...
Flowciti has officially announced its launch in Bahrain, Saudi Arabia and UAE as a holding company specialising in smart cities solutions, bringing together technology, operational execution, and user experience within a fully integrated ecosystem. The group seeks to create sustainable value for the real estate sector, businesses and institutions. ...
The Kingdom of Saudi Arabia has ranked first worldwide in the Road Network Connectivity Index, and also ranked fourth among G20 countries in the Road Infrastructure Quality Index, thus reflecting the continuous development of the road sector, said a report. ...
Red Sea Global, the Saudi developer behind regenerative tourism destinations Amaala and The Red Sea, has joined hands with Bunat Ventures (Bunat VC) to launch an investment fund - a first of its kind in the kingdom - dedicated exclusively to empowering startups specialised in artificial-intelligence (AI) technologies. ...
Southern Province Cement has announced that steady progress is being made on its new cement plant in the Saudi city of Jazan with work on most phases of the clinker production line already completed. The commercial operations are set to begin later this year....
Saudi Arabia's National Debt Management Center (NDMC) has announced the successful arrangement of a seven-year syndicated loan amounting to $13 billion, aimed at supporting power, water, and public utilities projects. ...
