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Tag: saudi

Construction & Real Estate

Arada enters Saudi Arabia with $3.8bn residential masterplan

UAE developer Arada has launched Arada KSA, marking its entry into Saudi Arabia with a AED14 billion ($3.8 billion) residential development in Riyadh. Spanning 2.5 million sq m, it will boast 3,500 villas and townhouses surrounded by 100,000 trees, with top-class amenities including a school, retail and sporting facilities. ...

Construction & Real Estate

Alandalus Property unit buys prime warehouse plots in Riyadh

Saudi-based Alandalus Property has announced that its key subsidiary, Marafiq Alandalus Allujistiyah, has acquired a prime plot of land spanning 44,550 sq m within the Al Mashael District in Riyadh. This land will be used for the development of logistics warehouses and other associated facilities. ...

Construction & Real Estate

Armah inks land lease agreement to develop sports club in Riyadh

Saudi-based Armah Sports Company (Armah) has signed a land lease agreement with Fawaz Abdulmohsen Saad Bin Saeed to develop and operate a men's sports club in Riyadh. This 20-year deal comes as part of the group's strategy to expand through prime locations in the kingdom....

Construction & Real Estate

L&T in deal to develop Saudi renewable energy talent

Indian construction and engineering conglomerate Larsen & Toubro (L&T) has signed an agreement with Onaizah Colleges to prepare Saudi students for careers in renewable energy, supporting the kingdom’s energy transition and its Vision 2030 goal of developing a skilled national workforce. ...

Construction & Real Estate

Desert Tech, EnerVenue to launch 215 kWh energy storage pilot in Saudi Arabia

Desert Technologies, a leading Saudi clean energy and smart infrastructure company, has signed an agreement with US energy storage technology company EnerVenue to explore the deployment of advanced energy storage solutions in the kingdom, including a 215 kilowatt-hour (kWh) energy storage pilot planned for the first quarter of 2027. ...

Construction & Real Estate

MSGA signs residential units sale deal with Sakan

Saudi-based MSGA Investment Company has signed an agreement with the kingdom's Developmental Housing Foundation (Sakan) for the sale of residential units within its premium project - MSGA 30 project - at Al Safa district in Riyadh. ...

Construction & Real Estate

Sepco secures 500MW/2,000MWh Saudi BESS project contract

Shandong Electric Power Construction Corporation (Sepco) has secured the Saudi Arabia Group 1-KSB Independent Battery Energy Storage System (BESS) project, which forms part of the kingdom’s first wave of large-scale BESS projects, with a planned capacity of 500MW/2,000MWh. ...

Construction & Real Estate

Elsewedy Electric JV lands contract for $2.2bn Rabigh 2 IPP project

Elsewedy Electric said its joint venture with Sinohydro, a leading global contractor, has won a major contract from Al Mourjan Two for Electricity Company, to provide EPC services for the Rabigh 2 Independent Power Plant (IPP) Expansion Project, a gas-fired combined-cycle development with a total value of $2.2 billion. ...

Construction & Real Estate

Dalipal inks deal to set up manufacturing base in King Salman Energy Park

Dalipal Holdings, a leading Chinese manufacturer of pipes and equipment for the oil and gas sector, has signed a 25-year land lease deal with King Salman Energy Park to set up its manufacturing base at SPARK. The company is set to invest $600 million in the first phase of its major Saudi complex. ...

Construction & Real Estate

Saudi group Advanced Packaging to set up 25,500-sq-m factory in Oman

Saudi-based Advanced Packaging Company has signed an agreement for the establishment of a 25,500-sq-m factory within Oman's Salalah Free Zone, said a report. It is the company’s third factory in the GCC region, following two such facilities in Saudi Arabia. ...

Construction & Real Estate

Saudi, UAE ink deal to boost power grid and rail links

Saudi Arabia and the UAE have signed an agreement to strengthen cooperation on electricity grid interconnection, power trading and rail connectivity, while exploring technical, economic and environmental studies and expanding regional energy links....

Construction & Real Estate

Geotechnical experts to tackle complex ground engineering challenges at Riyadh summit

Leading geotechnical experts, project owners, contractors, consultants and technology providers will be at the International Geotechnical Innovation Conference 2026 in Riyadh to address the increasingly complex ground engineering requirements behind Saudi Arabia and Mena’s ambitious infrastructure, mining and giga-projects. ...

Construction & Real Estate

Midal Cables highlights industrial growth at Made in GCC 2026

Midal Cables, a leading industrial group with a strong manufacturing presence in both Bahrain and Saudi Arabia, is showcasing its advanced industrial capabilities and products as the company’s continued progress in production efficiency at the Made in GCC 2026” event in Bahrain. ...

Construction & Real Estate

Saudi demand for liveable communities drives architecture agenda at Cityscape Global

Saudi buyers are prioritising cost-effective, amenity-rich communities that balance value with lifestyle, with quality-driven purchasing decisions increasingly across Riyadh, Jeddah, Makkah, Madinah and the Dammam Metropolitan Area, said a report released ahead of Cityscape Global 2026 expo in Riyadh. ...

Construction & Real Estate

Alramz launches 541-unit mixed-use tower at Masar destination

Saudi-based Alramz Real Estate Company has announced the official launch of its Masar Corner project in Makkah, featuring two towers with a total of 541 residential, commercial and service units and a gross built-up area of 125,000 sq m. The project, located within the Masar destination, is set for completion in 2029. ...

Construction & Real Estate

KBR secures 3,500MT Saudi ammonia project work

KBR has announced that Sabic Agri-Nutrients has selected its Purifier technology for a new 3,500 metric tons per day single-train ammonia plant at Jubail in the Kingdom of Saudi Arabia. It will be working alongside EPC contractor Samsung E&A to deliver the project. ...

Construction & Real Estate

Arabian Drilling seals $533m offshore contract with KJO

Arabian Drilling, a leading Saudi oil and gas drilling contractor, said it has signed a SAR2 billion ($528 million) deal with Khafji Joint Operations (KJO) to provide four high-specification offshore jack-up drilling rigs. This four-year contract is the largest single offshore drilling award KJO has made to Arabian Drilling....

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