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Tag: Saudi Arabia

Construction & Real Estate

Al Arabia lands Saudi Cluster 2 Airports digital billboard contracts

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. ...

Construction & Real Estate

Big 5 Construct Saudi’s January edition targets the Kingdom’s fit-out and finishing boom

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. ...

Construction & Real Estate

Webuild-led consortium wins Riyadh Metro network extension contract

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. ...

Construction & Real Estate

Saipem announces restart of jack-up rig in Saudi Arabia

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. ...

Construction & Real Estate

CATL opens Mideast's largest new energy aftermarket facility in Riyadh

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. ...

Construction & Real Estate

Flowciti starts operations in Bahrain, Saudi Arabia and UAE

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. ...

Construction & Real Estate

Saudi Arabia tops globally in Road Network Connectivity Index

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. ...

Construction & Real Estate

Red Sea Global, Bunat VC launch fund to empower AI innovations

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. ...

Construction & Real Estate

Saudi NDMC arranges $13bn loan for utilities projects

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. ...

Construction & Real Estate

Saipem snaps up $600m Saudi Aramco offshore contracts

Saipem, a global leader in the engineering and construction of major projects, has secured $600 million offshore contracts from Saudi oil giant Aramco. The scope of work includes EPCI services for 34km of pipeline as well as 300m of onshore pipeline network in 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. ...

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