Tag: Saudi

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....

Construction & Real Estate

Umm Al Qura inks deal to develop $317m residential towers in Makkah

Saudi developer Umm Al Qura said it has signed an agreement with Abdulmohsen Al Rossais & Sons for the sale of two land plots in Zone Two within its mega Masar Destination for development of two boulevard-facing residential towers at a total investment of SAR1.2 billion ($317 million). ...

Construction & Real Estate

EDF, Kepco, Acwa in race for third round of Saudi CCGT power projects

The Saudi Power Procurement Company has prequalified 13 utility project developers including global players EDF, Kepco, Mitsubishi and Sumitomo as well as regional heavyweights Acwa and Taqa for the third round of Conventional Independent Power Producer (IPP) projects based on CCGT technology. ...

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. ...

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. ...