Tag: Jeddah

Construction & Real Estate

Radisson ramps up Saudi expansion, eyes 100 properties by 2030

Radisson continues to expand in Saudi Arabia, with 50 hotels open and under development across the kingdom, as it targets 100 properties in operation by 2030. The group aims to open 1,000 more rooms in the country during the second half, said a top official....

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

Alkhorayef wins Jeddah stormwater network maintenance project

Alkhorayef Water and Power Technologies Company has announced that it has secured a key contract from Jeddah Amana Municipality for the operation and maintenance of stormwater and surface water networks in the sub-municipalities of South and Al Malisa in the Saudi port city. ...

Construction & Real Estate

World Cup stadium seen among Saudi mega-projects under review

Saudi Arabia is starting to make tough cost-cutting decisions, ordering changes across mega-projects in Neom, Jeddah and Riyadh. The latest one to join the list is a planned 2034 World Cup stadium in Jeddah, according to a Bloomberg report....

Construction & Real Estate

Riyadh–Jeddah Land Bridge project set for 2034 completion

Saudi Arabia Railways (SAR) has announced that work is moving at a steady pace on the Land Bridge Project linking Riyadh and Jeddah and will be delivered 'through a new mechanism and in phases' with completion expected before 2034. ...

Construction & Real Estate

Dar Global, Trump expand Saudi portfolio with $1bn Jeddah luxury project

Dar Global, a major real estate developer, has announced the official launch of Trump Plaza Jeddah, thus marking its third collaboration with The Trump Organisation in Saudi Arabia. Valued at over $1 billion, this landmark development is set to redefine luxury urban living in the Saudi city. ...

Construction & Real Estate

Red Sea International awards hospital construction contract

Red Sea International Company has announced that its key subsidiary, Fundamental Installation for Electric Work Company, has secured a construction contract from Al Arab Hospital Company for the construction of a premium healthcare facility in Jeddah. The entire work on the 19-storey hospital will be completed within 420 days. ...

Construction & Real Estate

ROSHN inks $119m land sale agreements for prime Jeddah project

ROSHN Group has signed four land sale agreements within its large-scale integrated community - ALAROUS - in North Jeddah. Valued at over SAR448 million ($119 million), the deals span over 87,000 sqm set for new residential and mixed-use projects. ...

Construction & Real Estate

Agility announces opening of $163m logistics park in Jeddah

Agility Global, a leader in supply chain services and infrastructure sector, has announced the opening of its new logistics park in Jeddah at an investment of SAR611 million ($166 million). Strategically located 11 km from Jeddah port, it features six Grade-A warehouses. ...

Construction & Real Estate

Sumou, Diyar Real Estate ink Jeddah infrastructure works deal

Saudi-based Sumou Real Estate Company has signed an agreement with Diyar Real Estate Development Company to develop and execute infrastructure works on a project located in the North Obhur neighborhood in Jeddah city. ...

Construction & Real Estate

Arabian Dyar, Modon deal to develop 90 ready-made factories in Jeddah

Arabian Dyar Real Estate Development Company has signed a strategic partnership with the Saudi Authority for Industrial Cities and Technology Zones (Modon) to develop and construct ready-made factories in Jeddah, advancing its expansion into Saudi Arabia’s industrial and logistics sectors....