Tag: Saudi

Construction & Real Estate

East Pipes secures key Saudi Aramco supply contract

Saudi-based East Pipes Integrated Company for Industry has announced that it sealed an agreement with global oil major Aramco for the manufacture and supply of steel pipes for use in its key projects in the region. The entire work will be completed within five months. ...

Construction & Real Estate

Al Ashghal Al Moysra wins Saudi warehouse services contract

Saudi-listed Al Ashghal Al Moysra Company has announced that it had been awarded a contract by the Royal Commission for Jubail and Yanbu to provide warehouse operations and management services at the authority’s facilities in Yanbu. The contract, which includes value-added tax, is expected to be signed on November 10, the company said in a statement to the Saudi Exchange. ...

Construction & Real Estate

Saudi Arabia spearheading $90bn GCC, North Africa hotel projects pipeline

The GCC and North Africa have about $90 billion worth of hotel and resort projects in the pipeline, adding nearly 200,000 rooms to the region’s existing supply, with the Kingdom of Saudi Arabia accounting for around half of this (110,000 rooms), said a report released ahead of a key industry event in Dubai. ...

Construction & Real Estate

Umm Al Qura, Numu sign deal to build 460-unit tower in Makkah

Saudi-based Umm Al Qura has signed an agreement with sustainable lifestyle real estate developer Numu for the construction of a SAR700 million ($185 million) serviced apartment tower within its Masar Destination in Makkah. The project will feature 460 hospitality units along with other amenities. ...

Construction & Real Estate

BEC Arabia secures $207m MEP contract for Saudi hospital project

Saudi-based Almoosa Health Company has awarded a major contract worth SAR781.7 million ($207 million) to BEC Arabia for the execution of mechanical and electrical works for a key hospital project in Al Khobar, in the kingdom's Eastern Province. The entire project is likely to be completed in two years....

Construction & Real Estate

Retal Urban wins Saudi CMA approval for 11pc capital hike

Saudi-based Retal Urban Development has announced that it has secured approval from Capital Market Authority for boosting its capital to SAR555 million ($146.7 million). This 11% capital hike is aimed at acquiring a strategic 47.5% stake in Ajdan Real Estate Development Company. ...

Construction & Real Estate

Global experts in Riyadh to advance project delivery practices

Leading project management executives and industry experts from around the world are in Riyadh for the fifth edition of the Global Project Management Forum (GPMF 2026) where they will get to share international best practices and exchange expertise aimed at improving project delivery....

Construction & Real Estate

Southern Province Cement nears completion of Jazan production line

Saudi-based Southern Province Cement Company has announced that it had partially accepted and handed over a new production line at its Jazan cement plant, thus marking another step toward completion of a project to replace the plant’s existing production lines....

Construction & Real Estate

Egis accredited as a Saudi civil defence approved consultant

Egis, a leading global architectural, consulting and construction company, said it has been officially registered as a Saudi Civil Defence approved consultant by the General Directorate of Civil Defence (Salamah). This accreditation authorises the firm to provide specialist fire and life safety services for public and private sector clients. ...

Construction & Real Estate

Umm Al Qura sells four premium land plots in Masar Destination for $160m

Saudi-based Umm Al Qura for Development and Construction Company and Alinma Development II, a special purpose vehicle of Alinma Makkah Real Estate Fund, have signed sales agreements with Arabian Dyar Company for four prime land plots located within the Masar Destination project in Makkah for SAR603.76 million ($160 milllion). ...

Construction & Real Estate

Asas Makeen awards contract for key residential, retail projects in Riyadh

Saudi-based Asas Makeen Real Estate Development and Investment Company has signed up Itihad Al Thabat Contracting to execute and complete the construction and finishing works required for a number of residential and commercial projects being developed by the company in Riyadh. ...

Construction & Real Estate

Roshn, Talaat Moustafa JV to develop 55,000-unit Riyadh project

Saudi developer Roshn has joined hands with Talaat Moustafa Group to set up a new venture that will be responsible for the development of a mixed-use community in Riyadh featuring more than 55,000 residential units along with key retail, hospitality, leisure and healthcare facilities. ...

Construction & Real Estate

East Pipes secures $203.3m Saudi Aramco supply contract

Saudi-based East Pipes Integrated Company for Industry has announced that it has secured a contract worth SAR771 million ($203.3 million) from Saudi energy giant Aramco for the manufacture and supply of steel pipes for key projects in the kingdom. ...

Construction & Real Estate

Unigaz Arabia in deal to develop integrated Saudi gas storage plant

Saudi authorities have announced the signing of a key investment contract with Unigaz Arabia for the development of an integrated gas storage, filling and distribution plant coming up on a 200,000-sq-m site in the kingdom's Hail region, said a report. ...

Construction & Real Estate

Al Akaria awards structural, PMC works contract for Porta Jeddah mixed-use project

Saudi Real Estate Company (Al Akaria), has awarded SAR479 million ($126 million) contracts to Mounes Mohamed Alshayeb and Partners for Civil Construction (MOBCO) and Saudi Arabian Parsons to carry out the structural and project management work for the first package of its Porta Jeddah mixed-use development....

Construction & Real Estate

Saudi Proptech gets funding to scale AI-enabled building materials procurement

BRKZ, a leading Saudi-based technology-enabled building materials procurement platform, has announced that it has secured $31 million in new capital to fuel its next phase of growth, including advancing its AI-powered pricing and fulfillment engine and rolling out embedded financing solutions for its network of contractors and suppliers. ...

Construction & Real Estate

Saudi design leaders, emerging talent set the agenda at Index expo

Index Saudi Arabia, the country's leading trade show for interiors, furniture and fit-out, kicks off today in Riyadh bringing together some of the top global architects, interior designers and design academics for the 2026 edition, who will explore the kingdom’s evolving design and fit-out landscape. ...

Construction & Real Estate

WSP lands design contract for King Fahd International Airport

Global engineering and professional services firm WSP has secured the design contract for the development of King Fahd International Airport in Dammam. The project scope includes expansion of passenger terminals, upgrading of facilities and improving airport entrances and access roads. ...

Construction & Real Estate

Top Jeddah building expo to draw 300 leading firms

The fourth edition of the Jeddah International Building Exhibition (Jibex) opens this week drawing more than 300 exhibitors from local and international companies representing investment, commercial, and industrial sectors. ...

Construction & Real Estate

Harbin Electric completes key Saudi gas turbine unit installation work

Chinese group Harbin Electric International is delivering the Rumah-2 Combined-Cycle Power Plant in Saudi Arabia as part of the kingdom's efforts to advance its energy transition under Vision 2030. The company recently hoisted the Gas Turbine Unit 1 into position, thus kicking off the project's installation work. ...