Wednesday, June 17, 2026
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Tag: Saudi

Construction & Real Estate

CMA seeks feedback on the draft controls for Saudi real estate ownership

Saudi Arabia’s The Capital Market Authority (CMA) has sought public feedback on the draft controls governing the real estate ownership by listed companies, investment funds and special purpose entities (SPEs) in the kingdom including the cities of Makkah and Madinah. ...

Construction & Real Estate

Alfanar Engineering to build key manufacturing facility in Yanbu

Alfanar Engineering Services has signed a land lease agreement with the Royal Commission for Jubail and Yanbu to set up a large-scale specialised facility in Yanbu Industrial City, dedicated to the manufacturing and maintenance of electric motors. ...

Construction & Real Estate

Alramz in deal to develop premium residential project in Riyadh

Saudi-based Alramz Real Estate has announced that it has signed an agreement to establish a SAR2.5 billion ($666 million) shariah-compliant real estate investment fund to develop its residential project - Rabwa Alramz - in Riyadh, with SNB Capital acting as the fund manager. ...

Construction & Real Estate

RMJM unveils 'Salmani design' mixed-use project in Riyadh

RMJM, one of the leading culturally diverse architecture firms in the world, has unveiled the design for a new mixed-use development coming up in Al Qairawan, Riyadh. The architecture adopts a facade-driven approach informed by Salmani design principles. ...

Construction & Real Estate

Wabag named as preferred EPC partner for Hadda ISTP Project

Leading Indian wastewater treatment specialist VA Tech Wabag has emerged as the preferred EPC partner for the Hadda ISTP project in Saudi Arabia. Wabag is part of the winning developer consortium comprising Metito Utilities, Etihad Water and Electricity and SkyBridge....

Construction & Real Estate

TMG, Al Muhaidib Group launch $5bn mixed-used projects in Oman

Talaat Moustafa Group (TMG) has partnered with leading Saudi conglomerate Al Muhaidib for the launch of its premier projects - Jood and Yamal - in Oman being set up at an investment of $5 billion. Spanning 4.9 million sq m, these projects will boast over 15,000 residential and tourism units....

Construction & Real Estate

EHAF Consulting Engineers wins prime Saudi project contract

EHAF Consulting Engineers has announced that it has been appointed as the project, programme and construction management (PMCM) services consultant for a premium residential community - Raseen - in Riyadh. The project is being developed by leading Saudi master developer AlOula. ...

Construction & Real Estate

KBR to deploy its innovative technology in Saudi biomethanol plant

KBR has announced that it has been awarded a major contract for its PureMSM green methanol technology by Fikrat Al Tadweer for a pioneering biomethanol plant project in Saudi Arabia. The project scope involves transforming landfill-gas into clean fuels....

Construction & Real Estate

Garbe Industrial, ARTAR to set up new Saudi logistics real estate JV

Garbe Industrial, a leading developer of logistics and light industrial real estate in Germany, has joined hands with Saudi group ARTAR to set up a landmark venture that will focus on delivering premium-grade warehouses and distribution centres across the kingdom. ...

Construction & Real Estate

Alkhorayef secures key Saudi wastewater network maintenance contract

Saudi-based Alkhorayef Water and Power Technologies Company has announced the signing of contracts with National Water Company (NWC) for operation and maintenance (O&M) of water and wastewater networks in the Hafer Al-Batin governorates. ...

Construction & Real Estate

Saudi–Bahrain energy ties boosted by ACWA Power–Bapco deal

ACWA Power and Bapco Energies signed a Joint Development Agreement to develop a multi-phase 2.8 GW solar plant with large battery storage in Saudi Arabia. Announced at the 2025 Saudi–Bahraini Coordination Council meeting, the project will supply Bahrain’s grid and support its renewable energy transition....

Construction & Real Estate

The Myriad to develop student living communities across Saudi Arabia

The Myriad, a top-tier student living brand, is looking at developing a series of student communities across Saudi Arabia as part of its regional expansion strategy. It is represented in KSA by the Dedicated Housing Company, a SAR2 billion ($533 million) fund JV. ...

Construction & Real Estate

Aramco stadium work in full swing; set for 2027 opening

Saudi-based Alhani Construction said work is in full swing on the landmark Aramco Stadium project in Khobar and will be completed in time for AFC Asia Cup 2027. It is being built in collaboration with Besix Construct-Albawani JV. ...

Construction & Real Estate

Saudi flour company MC4 starts work on new production facility

Leading Saudi flour production company Fourth Milling Company (MC4) said it has broken ground on its new production facility at Al Kharj region of the kingdom. This comes as part of its SAR265 million ($71 million) expansion project. ...

Construction & Real Estate

Diriyah signs up Knight Frank as consultant for premier Saudi project

Diriyah Company, a dynamic mixed-use developer transforming Saudi Arabia's historic birthplace into a vibrant new capital of culture, has appointed Knight Frank to provide consultancy, and tenant selection services for its Media and Innovation District. ...

Construction & Real Estate

New Murabba seals agreement with US Green Building Council

New Murabba, a major developer powered by Saudi sovereign wealth fund PIF, has signed an agreement with the US Green Building Council to advance sustainable design and next-generation green building practices across Riyadh’s new downtown.​ ...

Construction & Real Estate

Saudi Arabia invites bids for King Salman Stadium project

Saudi Ministry of Sports has invited bids from top contractors to carry out construction works for the King Salman Stadium project in Riyadh. One of the world's largest sports venues, it will boast a seating capacity of over 92,000 along with key amenities. ...

Construction & Real Estate

Retal in deal to build $1.39bn residential project in Riyadh

Saudi-based Retal Urban Development Company said it has signed an agreement with National Housing Company (NHC) to build a major residential project in the Al Fursan suburb of Riyadh at a total investment of SAR5.2 billion ($1.39 billion). ...

Construction & Real Estate

Tamear wins contract for Riyadh business park project

Saudi Real Estate Construction Company (Tamear) has announced that it has secured a major contract for a business park project in Al Narjis district in Riyadh. An integrated trading hub, it will feature office spaces, restaurants and landscaped green areas. ...

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