Al-Khobar Governorate in Saudi Arabia has overseen the signing of several agreements and major projects valued at more than SAR 7 billion ($1.8 billion) for the development of integrated tourism destinations during the TOURISE 2025 Summit in Riyadh....
Midad Real Estate Company has announced a landmark joint venture with Jeddah Central Development Company (JCDC), a PIF entity, and global hospitality leader Kerzner International, to introduce the first-ever Atlantis and One&Only destinations in Saudi Arabia....
The Special Integrated Logistics Zone Company (SILZ) is participating this week at Web Summit Lisbon 2025, as part of the Invest Saudi delegation, spotlighting the Kingdom’s $76 billion digital economy....
Acciona, a global company and a leader in providing renewable solutions, has completed the construction and commissioning of the Shuqaiq 4 desalination plant, located in the southwest of Saudi Arabia....
Saudi Arabia's construction and building sector topped the list as the most attractive field at the “Land of Opportunities” zone at the Biban Forum 2025, organised by the Small and Medium Enterprises General Authority (Monsha’at)....
Cement sales in Saudi Arabia increased by 7.3% year on year (y-o-y) and 8.1% month-on-month (m-o-m) to 5.24 mt in October. This is the highest monthly sales since March 2021, said an Al Rajhi Capital research note....
Saudi Arabia’s real estate market is soaring, fuelled by bold reforms and economic momentum, says a report by CBRE Middle East, a global leader in commercial real estate....
ROSHN Group, Saudi Arabia’s leading multi-asset class real estate developer and a Public Investment Fund (PIF) company, has launched a new release of The Garden Collection villas in the fully integrated SEDRA community in North Riyadh. ...
Parsons Corp has secured a key design and construction supervision contract from Diriyah Company for Phase II of its mega project in Riyadh. The scope of work includes the delivery of a series of neighbourhood parks and over 55km of streetscape....
India's top construction conglomerate Larsen & Toubro (L&T) has announced that one of its key units has secured a batch of grid infrastructure orders - worth nearly Rs50 billion ($569 million) - for construction of 380 kV substation and transmission lines in Saudi Arabia. ...
Red Sea Global (RSG), a leading developer powered by Saudi PIF, has secured a SAR6.5 billion ($1.73 billion) funding for its ultra-luxury wellness destination, Amaala, featuring more than 1,400 hotel rooms across eight different resorts. ...
Krank, a global heavy equipment trading technology firm, has made its Middle East debut through a strategic partnership with Saudi group Dayim, unveiling the Dayim Marketplace - a fully integrated heavy equipment trading platform for the region. ...
Saudi Arabian Mining Company (Maaden) has announced that it has awarded a major engineering, procurement and construction management (EPCM) contract worth SAR391 million ($104.3 million) to Bechtel for its Ar Rjum gold mine. ...
Saudi Arabia's Al Madinah Region Development Authority (MDA) has emerged as the only winner from the region at the Bentley Systems 2025 Going Digital Awards. MDA won the top honours for its Manarah Urban Data Platform. ...
Six road development projects worth SAR831 million ($221.58 million) are underway in Saudi Arabia's Qassim region...
Acwa Power has announced that its key affiliate - Hajar Two Electricity - has achieved a SAR10.8 billion ($2.9 billion) financial close for Qurayyah CCGT IPP Expansion Project in the Eastern Province of Saudi Arabia. Once operational, it will boast a 3,010MW capacity....
Raimondi Cranes has appointed Ahmad Shakkour as its new Branch Manager for Saudi Arabia. An industry veteran, Shakkour has two decades of experience in the tower crane sector and brings extensive technical expertise to his new position. ...
ROSHN Group, a PIF company, has signed a memorandum of cooperation with the Ministry of Municipalities and Housing to promote innovation in the Kingdom's real estate sector....
