Construction & Real Estate

RCRC awards $1.47bn contracts for 94 new Riyadh Metro train sets

The Royal Commission for Riyadh City (RCRC) has awarded contracts worth SAR5.5 billion ($1.47 billion) to German industrial giant Siemens and French rolling stock manufacturer Alstom for 94 new train sets for its Riyadh Metro network. Deliveries are set to begin in 2028, with the trains to be supplied in phases. ...

Construction & Real Estate

Saudi Arabia accelerates housing, rail and metro expansion

Saudi Arabia is accelerating its housing, transport and urban development programmes, with more than 63,000 Saudi families becoming first-time homeowners in the first half of 2026 and Riyadh advancing a wide range of infrastructure projects aimed at improving mobility, expanding residential options and supporting the capital’s long-term growth....

Construction & Real Estate

Hitachi Rail lands contract to revamp key Saudi metro project

Saudi Arabia Railways (SAR) has awarded a major contract to Hitachi Rail for the revamp of the Al Mashaaer Al Muqaddassah Metro Project, thus marking a significant milestone in the ongoing modernisation of railway infrastructure serving the holy sites in the kingdom. ...

Construction & Real Estate

Airport, metro plans move ahead in Makkah

The Saudi city of Makkah is moving closer to a major transformation of its transport network, with plans for a new airport and metro system advancing as part of a major infrastructure upgrade, said a report. Feasibility studies and preliminary designs for the metro have already been completed. ...

Construction & Real Estate

$100bn construction pipeline, metro project driving Riyadh’s transformative growth: JLL

Riyadh's real estate market is undergoing profound transformation, driven by strategic shifts and Vision 2030 acceleration buoyed by the $22 billion metro; the 2.7 GW data centre pipeline and the $100 billion construction market, according to leading property expert JLL. ...

Construction & Real Estate

Saudi Railways to launch hospitality-inspired residential community in Riyadh

Saudi Arabia Railways (SAR) is set to develop a hospitality-inspired residential community adjacent to the East Network station in Riyadh. Designed to cater to short- and long-term stays, it comprises more than 450 residential units and over 1,600 beds. ...

Construction & Real Estate

Siemens Mobility to showcase end-to-end portfolio at Saudi Rail 2025

Siemens Mobility, a leader in intelligent transport solutions, is showcasing its end-to-end portfolio at the Saudi Rail 2025 in Riyadh to help advance the Vision 2030 transport goals, backing the high-speed, metro and freight networks' expansion. ...