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. ...
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). ...
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. ...
Al Tahaluf, a Saudi-US joint venture comprising a subsidiary of Hovnanian Enterprises and Hamad bin Saedan Real Estate Company, has unveiled its SAR1.07 billion ($291 million) residential community project - Soleya - within the King Abdullah Economic City (KAEC). ...
Land Sterling, a key property management company, and Yardi, a global provider of cloud-based real estate technology, have signed an agreement to collaborate on advancing digital transformation and elevating service delivery within Saudi real estate market. ...
Saudi-based Efsim Facilities Management is set to proceed with its initial public offering (IPO) and the listing of its ordinary shares on the Main Market of the Saudi Exchange. It will be listing 16.8 million shares (equal to 30% stake share capital). ...
PLP Architecture, a London-based specialist in architecture and urban design, has unveiled its landmark new development - Rikaz Towers - at Al Khobar along Saudi Arabia’s east coast, creating a destination of homes, hotel and public spaces with views across the Gulf. ...
Saudi-based Alkhorayef Water and Power Technologies Company has announced that it has secured a key contract from the National Water Company for the construction of sanitary sewer networks as well as laying of manholes in Hafar Al Batin and Al Qaismah governorates. ...
Riyad Capital, a leading company in Saudi real estate investment sector, has announced the launch of a new residential development fund valued at SAR 1.7 billion ($453 million), in partnership with Mountain View KSA. It is aimed at developing ONE Mountain View, a semi-gated residential community in Al Rimal District. ...
Saudi-based Umm Al Qura for Development and Construction Company has entered into a deal with Arabian Dyar Real Estate for the sale of a 3,061 sq m plot of land within Masar Destination in Makkah. This prime plot will be used for development of residential units. ...
Saudi-based Retal Urban Development Company has announced that it has secured a SAR5.2 billion ($1.38 billion) from the National Housing Company (NHC) for the construction of 4,839 residential units in the Al Fursan suburb of Riyadh City. ...
Cityscape Global 2025 continued in Riyadh with a series of real estate deals and policy discussions around how foreign direct investment is helping the real estate industry in Saudi Arabia. ...
NMDC Energy has signed a strategic MoU with Baker Hughes in Saudi Arabia to explore opportunities for localising key products and solutions. This collaboration aims to enhance service delivery in energy markets across the Middle East, North Africa, Türkiye, and India....
Abunayyan Holding, a major player in the Saudi utility sector, has joined hands with NEXTracker, a leading provider of intelligent solar tracker solutions, to set up a new venture, Nextracker Arabia, aimed at accelerating energy transition in the Mena region. ...
Merak Capital, a Saudi-based investment firm focused on opportunities across multiple industries, has announced a SAR100 million ($26.7 million) strategic investment in Arsann, the kingdom’s leading operator of smart parking and mobility infrastructure. ...
