Saturday, August 1, 2026
MEDIA SPONSORS
Facebook Instagram Twitter LinkedIn YouTube

Tag: Saudi

Construction & Real Estate

Mutlaq Al Ghuwairi inks deal with Alfanar for 380 kV Saudi substation

Saudi-based Mutlaq Al Ghowairi Contracting has announced that it has signed an agreement with Alfanar Projects to implement a 380 kV electrical substation unit within the scope of the works of the Jubail-Buraidah Independent Water Transmission Pipeline Project. ...

Construction & Real Estate

Saudi Arabia seeks bids for Quality Valley project in Riyadh

Saudi Arabia has announced the launch of the Expression of Interest (EoI) phase for the development of the Quality Valley project in Riyadh under a PPP model. The project scope includes the development of the HQ site of Saso in Riyadh and transforming it into a 191,000-sq-m integrated mixed-use masterplan. ...

Construction & Real Estate

Riyadh Development completes asset transfer for Al Deera project

Riyadh Development Company has announced that it has successfully completed the transfer of the Al Taamir Commercial Wholesale Centre to Deera Development and Real Estate Investment Company as part of plans to develop the Al Deera neighbourhood markets....

Construction & Real Estate

Rua Al Madinah awards $2bn contract for superblock five project

Rua Al Madinah, a leading Saudi developer and PIF unit, has awarded a SAR8 billion ($2.1 billion) contract for the construction of superblock five within the holy city’s mega tourism and cultural development, featuring 10 branded hotels including JW Marriott, Le Meridien, Sheraton, Fairmont and Hyatt. ...

Construction & Real Estate

Dammam gears up key Saudi real estate expo Seredo 2026

Leading real estate companies, developers, investors and financial institutions as well as government agencies will be in Saudi city of Dammam for the fourth edition of the Saudi Expo Real Estate Development & Ownership (Seredo 2026) which kicks off on May 4. ...

Construction & Real Estate

Saudi Arabia's cement sales in Q1 down 4.7pc

The cement sales volumes across the Kingdom of Saudi Arabia declined by 6.7% y-o-y and 21.3% m-o-m to hit 3.37 MT, reflecting the holiday effect and recent geopolitical developments, according to a new report. The sales volume for the first three months fell by 4.7% y-o-y to 12.76 MT. ...

Construction & Real Estate

Kingdom Holding acquires key stake in Breakthrough Energy Ventures

Saudi-based Kingdom Holding Company has announced that it has acquired a stake in US-based Breakthrough Energy Ventures (BEV), a key investor in innovative clean-energy and sustainability technologies, from Prince Alwaleed bin Talal bin Abdulaziz AlSaud for SAR255 million ($68 million). ...

Construction & Real Estate

Saudi Intermaint lands EPC contract for cement mill project

Saudi Intermaint, a leading contractor delivering construction, fabrication and maintenance services for heavy industry across the Gulf, has secured its first EPC contract for a cement mill project. The scope of work includes engineering and execution capabilities at the plant. ...

Construction & Real Estate

Juranah strategic water reservoir project achieves key construction milestone

Sharakat, a leading entity in the Saudi water sector, has announced that Juranah Independent Strategic Water Reservoir project has achieved a key milestone, clocking 4.9 million safe working hours without a Lost Time Injury (LTI). With work in full swing, the project is set for commercial operations in Q2 next year. ...

Construction & Real Estate

Jeddah shines in Saudi residential sector with record $9.7bn sales in 2025

Saudi Arabia’s three major residential markets – Riyadh, Jeddah and Dammam – delivered contrasting performances in 2025, said an expert. Jeddah emerged the top performer with record sales of SAR36.6 billion ($9.75 billion) followed by Dammam while in capital Riyadh, elevated financing costs led to a decline in buyer activity. ...

Construction & Real Estate

King Abdullah Gardens Project enters fast-track

Construction on the King Abdullah Gardens (KAGA) is advancing rapidly, marking significant progress on one of Riyadh's most prominent environmental initiatives. Spanning more than 2 million sq m, KAGA ranks among the world's three largest covered botanical gardens. ...

Construction & Real Estate

Saudi contractor Unimac seals partnership deal with ProGrowth Company

United Maintenance and Contracting Company (Unimac), a specialised heavy civil contracting company based in Saudi Arabia, has announced that it has officially signed a strategic agreement with ProGrowth Company for collaboration on leading projects in the kingdom. ...

Construction & Real Estate

Asas Makeen lands contract for Riyadh villa community project

Asas Makeen for Real Estate Development Company has announced that it has secured a major contract from Awa'id Al Hada for the development of a villa community project in Riyadh. The scope of work includes management and construction of key residential units over a 10,468 sq m area. ...

Construction & Real Estate

Retal eyes $151m capital hike for Ajdan stake acquisition

Saudi-based Retal Urban Development Company has announced plans to raise its capital to SAR555 million ($151 million) from SAR500 million ($136 million) in a bid to facilitate its planned acquisition of a stake in Ajdan Real Estate Development Company from AlFozan Holding....

Construction & Real Estate

Diriyah unveils 1.9km main spine within mega Saudi development

Diriyah Company, the developer of Saudi Arabia's premier historical, cultural, and lifestyle destination, has announced the launch of a 1.9-km-long main spine within its mega development in the kingdom's ancient city. The GrandAvenue will boast iconic landmarks, hotels, offices, retail spaces and residential units. ...

Construction & Real Estate

Retal secures $852m King Salman Park mixed-use project contract

Retal Urban Development Company said its consortium has secured a SAR3.2 billion ($852 million) contract to develop a mixed-use project within King Salman Park in Riyadh. It boasts an integrated urban district featuring over 600 residential units and 140 hotel properties in addition to 50,000 sq m of office space. ...

Construction & Real Estate

89 global firms in race for Qassim airport project contract

Saudi Arabia's Matarat Holding has announced that 89 leading players in airport construction sector including 55 Saudi companies are in the race to build the Prince Naif bin Abdulaziz International Airport in Qassim. The list includes 19 developers, 33 EPC contractors as well as 13 operators. ...

Construction & Real Estate

Umm Al Qura seals reservation agreements for sale of two Masar plots

Saudi-based Umm Al Qura for Development and Construction Company has announced the extension of two reservation agreements with Mousa Abdulaziz Al Mousa & Sons Real Estate Holding Group for the sale of two plots within its premium Masar Destination in Makkah. ...

Construction & Real Estate

First Avenue inks contract for key Saudi mixed-use project

Saudi developer First Avenue has signed an agreement with Jadwa Al Shorfa Real Estate Fund for a mixed-use project in the capital Riyadh featuring a mix of commercial, residential and office units. The project, Capital Avenue - Al Rayyan, will come up on a 38,950 sq m area at the intersection of the Eastern Ring-Makkah Khuris Road. ...

< 1 2 3 4 5 6 ... 8 >