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Tag: RIyadh

Construction & Real Estate

Ladun secures $637m Riyadh infrastructure development contracts

Ladun Investment Company has secured SAR2.39 billion ($637 million) contracts to carry out infrastructure development work at Al Qirawan and Al Narjis districts as well as the Namar real estate development - in the Saudi capital. They will be executed in consortium with Al Ayuni Investment and Contracting. ...

Construction & Real Estate

Riyadh begins major intersection upgrades in key districts

Work has begun on a series of intersection upgrades in Riyadh’s western and southern districts, including the one at Ali bin Shiban Street in Al Awali district, as well as the intersection at Ibn Majah Road, as authorities move to modernise infrastructure and ease congestion in the fast-growing capital. ...

Construction & Real Estate

Ladun, Al Ayuni win $87m project under Real Estate Balance Program

Ladun Investment Company, in consortium with Al Ayuni Investment and Contracting Company, has secured a major infrastructure development contract valued at SAR326.7 million ($87.08 million), according to a Saudi Stock Exchange (Tadawul) filing....

Construction & Real Estate

Taif Road extension project work 65pc completed

The Royal Commission for Riyadh City (RCRC) has announced steady progress on the Taif Road extension project, a strategic component of the first batch of the SAR13 billion ($3.4 billion) Main & Ring Road Axes Development Programme, with 65% of the work already completed. ...

Construction & Real Estate

Ladun in deal to develop mixed-use real estate project in Riyadh

Saudi-based Ladun Investment Company has announced that it has signed an agreement with Asbar Capital Company for the implementation of a mixed-use real estate development project on a plot of land owned by one of its key funds, located in Riyadh....

Construction & Real Estate

Asas Makeen in deal to develop 503-unit residential project in Riyadh

Saudi-based Asas Makeen Real Estate Development and Investment Company has announced that it has signed an agreement with Tawafuq Al Rimal Real Estate Fund for the development of an integrated residential compound in Al Rimal District, Riyadh, featuring a total of 503 homes. ...

Construction & Real Estate

Alkhorayef lands Riyadh sewage network maintenance contract

Alkhorayef Water and Power Technologies Company has announced that it has secured a contract from the Royal Commission for Riyadh City to provide operation and maintenance services for treated sewage effluent (TSE) networks and facilities in the Saudi capital. ...

Construction & Real Estate

Deal inked to develop prime archaeological, heritage site in Saudi Arabia

The Saudi Heritage Commission, Sadus Foundation and Riyadh Municipality have entered into an agreement to develop the Sadus Historic Village, a prominent archaeological and heritage site in Saudi Arabia. The deal is aimed at rehabilitation of heritage buildings and sites within Sadus. ...

Construction & Real Estate

Group Five Pipe snaps up key Saudi supply contract

Group Five Pipe Saudi Company has announced that it has secured a contract from Esnad Al Turuq Contracting Company for the manufacture and supply of its carbon steel HSAW water transmission system pipes for a project at Ras Al Khair in Riyadh. ...

Construction & Real Estate

Alramz buys prime plot in Riyadh for 135-unit residential project

Saudi-based Al Ramz Real Estate Company has announced that it has acquired a prime 8,600 sq m plot of land in Al Malqa district of the capital Riyadh for the development of a residential project comprising 135 apartments along with premium amenities. ...

Construction & Real Estate

King Abdullah Gardens Project enters fast-track

Construction on the King Abdullah Gardens (KAGA) is advancing rapidly, marking significant progress on one of Riyadh's most prominent environmental initiatives. Spanning more than 2 million sq m, KAGA ranks among the world's three largest covered botanical gardens. ...

Construction & Real Estate

Asas Makeen lands contract for Riyadh villa community project

Asas Makeen for Real Estate Development Company has announced that it has secured a major contract from Awa'id Al Hada for the development of a villa community project in Riyadh. The scope of work includes management and construction of key residential units over a 10,468 sq m area. ...

Construction & Real Estate

Elsewedy Electric delivers its first utility-scale solar plant in Riyadh

Elsewedy Electric for Power Transmission & Distribution has announced the successful completion and handover of the 386MWp El Saad Project, its first utility-scale solar PV plant in Riyadh. The landmark project has now officially entered its operations and maintenance phase. ...

Construction & Real Estate

Roshn inks deal with Miskan to develop prime land in Riyadh

Roshn Group, Saudi Arabia's leading multi-asset class developer powered by sovereign wealth fund PIF, has signed a strategic agreement with Miskan Real Estate Company, to develop more than 68,000 sq m of land within Warefa community in the capital Riyadh for a key residential project. ...

Construction & Real Estate

Major parking upgrade announced for key districts in Riyadh

Remat Al Riyadh, the development arm of the Riyadh Region Municipality, has signed two contracts with Arsann to develop and operate 11 parking facilities across key districts of the Saudi capital, aiming to regulate parking operations, boost capacity and enhance the capital’s urban landscape. ...

Construction & Real Estate

Roshn inks $146m deal to develop prime plot in Riyadh community

Roshn Group, Saudi Arabia's leading real estate developer powered by sovereign wealth fund PIF, has signed a strategic agreement with Sateaa Altameer to develop 108,000 sq m plot of land within the Warefa community in Riyadh at a total investment of SAR548 million ($146 million)....

Construction & Real Estate

ilmi Science Discovery and Innovation Centre at Misk topped off

The ilmi Science Discovery and Innovation Centre at Misk City in Riyadh has reached a major construction milestone with a topping-off ceremony, signalling steady progress on what is set to become one of Riyadh’s landmark developments....

Construction & Real Estate

Saudi PIF unit to build 4,000-bed staff accommodation in Riyadh

Smart Accommodation for Residential Complexes Company (sarcc), a unit of Saudi sovereign wealth fund PIF, has signed a Heads of Terms (HoT) agreement with Tamimi Global for the development of a 4,000-bed staff accommodation project in northern Riyadh. ...

Construction & Real Estate

Roshn awards integrated commercial facilities contract for Sedra

Roshn Group, Saudi Arabia's leading multi-asset class real estate developer powered by sovereign wealth fund PIF, has signed a strategic agreement with Tiraz Al Arabia, a leading real estate group in the kingdom, to develop integrated commercial facilities with its Sedra community in Riyadh. ...

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