Monday, November 9, 2026
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Tag: Saudi

Construction & Real Estate

Umm Al Qura sells four premium land plots in Masar Destination for $160m

Saudi-based Umm Al Qura for Development and Construction Company and Alinma Development II, a special purpose vehicle of Alinma Makkah Real Estate Fund, have signed sales agreements with Arabian Dyar Company for four prime land plots located within the Masar Destination project in Makkah for SAR603.76 million ($160 milllion). ...

Construction & Real Estate

Asas Makeen awards contract for key residential, retail projects in Riyadh

Saudi-based Asas Makeen Real Estate Development and Investment Company has signed up Itihad Al Thabat Contracting to execute and complete the construction and finishing works required for a number of residential and commercial projects being developed by the company in Riyadh. ...

Construction & Real Estate

Roshn, Talaat Moustafa JV to develop 55,000-unit Riyadh project

Saudi developer Roshn has joined hands with Talaat Moustafa Group to set up a new venture that will be responsible for the development of a mixed-use community in Riyadh featuring more than 55,000 residential units along with key retail, hospitality, leisure and healthcare facilities. ...

Construction & Real Estate

East Pipes secures $203.3m Saudi Aramco supply contract

Saudi-based East Pipes Integrated Company for Industry has announced that it has secured a contract worth SAR771 million ($203.3 million) from Saudi energy giant Aramco for the manufacture and supply of steel pipes for key projects in the kingdom. ...

Construction & Real Estate

Unigaz Arabia in deal to develop integrated Saudi gas storage plant

Saudi authorities have announced the signing of a key investment contract with Unigaz Arabia for the development of an integrated gas storage, filling and distribution plant coming up on a 200,000-sq-m site in the kingdom's Hail region, said a report. ...

Construction & Real Estate

Al Akaria awards structural, PMC works contract for Porta Jeddah mixed-use project

Saudi Real Estate Company (Al Akaria), has awarded SAR479 million ($126 million) contracts to Mounes Mohamed Alshayeb and Partners for Civil Construction (MOBCO) and Saudi Arabian Parsons to carry out the structural and project management work for the first package of its Porta Jeddah mixed-use development....

Construction & Real Estate

Saudi Proptech gets funding to scale AI-enabled building materials procurement

BRKZ, a leading Saudi-based technology-enabled building materials procurement platform, has announced that it has secured $31 million in new capital to fuel its next phase of growth, including advancing its AI-powered pricing and fulfillment engine and rolling out embedded financing solutions for its network of contractors and suppliers. ...

Construction & Real Estate

Saudi design leaders, emerging talent set the agenda at Index expo

Index Saudi Arabia, the country's leading trade show for interiors, furniture and fit-out, kicks off today in Riyadh bringing together some of the top global architects, interior designers and design academics for the 2026 edition, who will explore the kingdom’s evolving design and fit-out landscape. ...

Construction & Real Estate

WSP lands design contract for King Fahd International Airport

Global engineering and professional services firm WSP has secured the design contract for the development of King Fahd International Airport in Dammam. The project scope includes expansion of passenger terminals, upgrading of facilities and improving airport entrances and access roads. ...

Construction & Real Estate

Top Jeddah building expo to draw 300 leading firms

The fourth edition of the Jeddah International Building Exhibition (Jibex) opens this week drawing more than 300 exhibitors from local and international companies representing investment, commercial, and industrial sectors. ...

Construction & Real Estate

Harbin Electric completes key Saudi gas turbine unit installation work

Chinese group Harbin Electric International is delivering the Rumah-2 Combined-Cycle Power Plant in Saudi Arabia as part of the kingdom's efforts to advance its energy transition under Vision 2030. The company recently hoisted the Gas Turbine Unit 1 into position, thus kicking off the project's installation work. ...

Construction & Real Estate

Saudi construction activity gains pace as new orders strengthen

Saudi Arabia's construction activity accelerated in August, driven by a robust increase in residential building and stronger new orders. The seasonally adjusted index rose to 55.4 in August from 55.2 in July, according to the latest Alrajhi capital Saudi Construction Index compiled by S&P Global....

Construction & Real Estate

Saudi Arabia plans tender for 51 sewage treatment plants

Saudi Arabia's National Water Company plans to tender later this year 51 sewage treatment plants with a total treatment capacity of 888,000 cu m per day. These projects will see private-sector partners undertake the rehabilitation, operation and maintenance services for a 15-year period....

Construction & Real Estate

Saudi-Chinese consortium wins $348m sewage plants maintenance deal

A Saudi-Chinese consortium comprising Armada and Zhangzhou United Waters has secured a SAR1.3 billion ($348 million) contract from National Water Company for the rehabilitation, operation and maintenance of nine sewage treatment plants (STPs) across Saudi Arabia. ...

Construction & Real Estate

Safari Construction lands Hail airport expansion project deal

Saudi builder Safari Construction has secured the main contract for the expansion of Hail International Airport. The scope of work includes rehabilitation of the existing terminal, construction of new airport facilities as well as development of associated infrastructure. ...

Construction & Real Estate

SepcoIII starts full commercial operation of Saudi Red Sea utility project

SepcoIII, a Chinese construction and engineering company, has announced the full commercial operation of the Saudi Red Sea Utility Infrastructure Project, thus marking the completion of one of the kingdom’s major integrated clean energy and utility infrastructure developments. ...

Construction & Real Estate

Accor, Al Qimmah boost Saudi hotel pipeline with 850-key Makkah Novotel

Global hospitality group Accor has announced that it has sealed a partnership deal with Al Qimmah Hospitality, a subsidiary of Bin Dawood Investment Company, to develop a portfolio of more than 4,000 keys across Saudi Arabia, including an 850-room Novotel property in Makkah. ...

Construction & Real Estate

Amana in deal to set up $266m hospital at New Murabba development

New Murabba, a unit of sovereign wealth fund PIF and the master developer of Riyadh’s modern downtown, has signed an agreement with Almana Medical Group to develop a 200-bed general hospital within its mega Saudi destination at a total investment of SAR1 billion ($266 million). ...

Construction & Real Estate

Dar’s Saudi project named finalist for Bentley YII Awards

Saudi-based Dar International for Engineering Consultancy is one of the finalists for the Bentley Systems' 2026 Year in Infrastructure (YII) Awards (the only one from the Middle East region) in the Transmission and Distribution category for its Nariyah 380kV substation project in the kingdom. ...

Construction & Real Estate

Arabian Drilling expands GCC footprint with new offshore contract

Saudi-based Arabian Drilling has announced that it has signed a contract with a new client in the GCC, thus marking its entry into a new Gulf market. The deal follows the early completion of its first international offshore drilling contract and the redeployment of the jack-up rig to another GCC country. ...

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