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Tag: saudi Arabia

Construction & Real Estate

Intersec Saudi Arabia back in November with its largest edition

Intersec Saudi Arabia, the kingdom’s leading platform for security, safety, and fire protection, will be back in November in capital Riyadh with its largest edition, increasing exhibition space by 40% to meet demand even as the Saudi security market is set to hit $3.4 billion by 2030....

Construction & Real Estate

ALEC Holdings posts $1.25bn Q1 revenue, up 87%; net profit doubles

ALEC Holdings, a market-leading diversified engineering and construction group with operations focused on large-scale, complex and iconic buildings and energy projects in the UAE and the KSA, reported a strong set of results for the first quarter ended March 31, 2026 (Q1 2026)....

Construction & Real Estate

Saudi Eastern Province real estate market worth $37bn

The real estate sector in Saudi Arabia's Eastern Province has a market size exceeding SAR140 billion ($37.16 billion), it was revealed at the fourth edition of Saudi Expo Real Estate Development and Ownership (SEREDO 2026)....

Construction & Real Estate

Key entertainment destination Al-Khobar Terrace opens

Saudi Arabia's Eastern Region Municipality has inaugurated Al-Khobar Terrace, a landmark waterfront development project, which aims to enhance Al-Khobar’s position as a leading tourism and entertainment destination....

Construction & Real Estate

Sumou seals lease agreement with Saudi Airlines Real Estate Development

Saudi Arabia’s Sumou Real Estate has signed a 35-year-long lease agreement with Saudi Airlines Real Estate Development Company (SARED) for a 78,374 sq m land plot in Jeddah. As per the deal, Sumou will develop an integrated mixed-use project on the land, located in the southwestern corner of a master-planned area. ...

Construction & Real Estate

Saudi Arabia unveils $2bn 'Jewel of the Bride' project in Jeddah

Saudi Arabia has announced the launch of its largest private sector residential development - Jawharat Al Arous (Arabic for Jewel of the Bride) - being developed at an investment of SAR8 billion ($2.1 billion). Spanning 107 million sq m, it boasts 18 residential neighbourhoods that will house over 700,000 citizens as well as more than 80,000 prime plots. ...

Construction & Real Estate

Construction sector eyes AI to tackle daily workload pressures, says study

Majority of construction professionals (58%) believe AI could help reduce workload across their two biggest challenges - keeping projects on schedule and managing mid-project changes - while 65% believe AI could streamline their biggest administrative time drains, according to a new study. ...

Construction & Real Estate

Saudi Arabia expands its public green spaces by 6m sq m

Saudi Arabia's Ministry of Municipalities and Housing has developed approximately 6 million sq m of public parks across the kingdom between 2023 and 2025 through private sector investment models, generating an estimated financial impact of SAR2.4 billion ($639 million). ...

Construction & Real Estate

Roshn, Dawiyat in deal to develop telecom infrastructure at Saudi community

Roshn Group, Saudi Arabia's leading multi-asset class real estate developer powered by sovereign wealth fund PIF, has signed an agreement with Dawiyat Integrated Telecom and IT Company, a unit of Saudi Energy, to develop fibre-optic telecommunications infrastructure within its Aldanah community in Dhahran. ...

Construction & Real Estate

Sener wins design contract for Saudi Landbridge rail project

Saudi Arabia has taken a significant step forward on its long-planned Landbridge railway, awarding Spanish engineering firm Sener the lead design contract for the multi-billion-dollar project linking the Red Sea to the Arabian Gulf, according to published reports....

Construction & Real Estate

Al Haier sewage plant set for commercial operations by year-end

Sharakat, a leading entity in the water sector in Saudi Arabia, has announced that work is in full swing on its Al Haer Independent Sewage Treatment Plant (ISTP), being set up at an investment of SAR1.8 billion ($479 million), in Riyadh, and is on track for commercial operations by the end of this year. ...

Construction & Real Estate

$24m Abha Walk project on track

The “Abha Walk” project on King Fahd Road in Abha, a key urban development supporting economic activity and tourism in the Aseer Region, is progressing through construction phases....

Construction & Real Estate

Musanadah appoints new Business Development Director

Saudi Arabia-based Musanadah Facilities Management has appointed Brad Robbins as its new Business Development Director, strengthening the company’s leadership team as it accelerates growth across the kingdom’s expanding integrated facilities management sector....

Construction & Real Estate

Why Saudi Arabia’s digital future demands more than bandwidth

For more than a decade, the telecommunications industry has been defined by a single metric: speed. In Saudi Arabia’s rapid digital transformation, speed served as the initial catalyst - connecting cities, enabling services, and laying the foundation for a modern, connected economy. ...

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