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Tag: Saudi Arabia

Construction & Real Estate

Elsewedy Electric powers ahead with six HV substations in Saudi Arabia

Elsewedy Electric Power Systems Projects said it is implementing a portfolio of six high voltage power substations across various the kingdom in collaboration with Saudi Electricity Company and National Grid Company. These projects have a voltage levels ranging between 110 and 115 kilovolts. ...

Construction & Real Estate

Saudi Arabia opens the new Black Gold Museum in Riyadh ​

Saudi Arabia has announced the opening of The Black Gold Museum, a first-of-its-kind facility, housed at King Abdullah Petroleum Studies and Research Center (KAPSARC), Riyadh, in an iconic building designed by Zaha Hadid. The interiors have been done by DaeWha Kang Design. ...

Construction & Real Estate

Saudi Arabia seeks EOI for Municipal Food Safety Labs Operation Project

Saudi Arabia's Ministry of Municipalities and Housing (MOMAH) and the National Center for Privatization & PPP (NCP), have announced the launch of the Expression of Interest (EOI) for the Municipal Food Safety Labs Operation Project under a PPP framework (equip-operate-maintain-transfer)....

Construction & Real Estate

Patel Family Office, AHQ launch $1bn Saudi hospitality platform

Patel Family Office, a US investment enterprise, and Abdel Hadi A Al-Qahtani & Sons (AHQ), a Saudi industrial conglomerate, have signed a $1 billion deal to establish AYARA, a vertically integrated hospitality platform that will develop a network of 50 international brand-name business hotels across Saudi Arabia by 2029....

Construction & Real Estate

Webuild says NEOM terminates its contract for Trojena dams

Italian construction giant Webuild will exit a major contract on Saudi Arabia’s ambitious NEOM development after the client opted to terminate works on part of the Trojena mountain resort, highlighting ongoing adjustments within one of the world’s most closely watched infrastructure programmes....

Construction & Real Estate

SepcoIII achieves key milestone with 600MW Saudi wind project

Shandong Electric Power Construction Corporation III has achieved a key milestone with the successful connection of the first wind turbine at the 600MW Al Ghat Wind Power Project in Saudi Arabia to the grid. The project comprises 80 wind turbine units, each with a capacity of 7.7MW. ...

Construction & Real Estate

Saudi Arabia's Ras Tanura refinery shut after drone incident

A drone strike has forced the temporary closure of the Ras Tanura Refinery, one of the world’s largest oil processing facilities in Saudi Arabia, dealing a fresh blow to global energy markets already on edge over escalating regional tensions....

Construction & Real Estate

Saudi Arabia allows exemptions to Regional HQ rule for government contracts

In a major move, Saudi Arabia has allowed limited exemptions to its regional HQ rule, permitting government entities to sign contracts with international companies which do not have a base in the kingdom, said a report. This directive applies to all government agencies, funds and their affiliated bodies. ...

Construction & Real Estate

Saudi Arabia, UN working towards new national urban policy

Saudi housing ministry, in partnership with United Nations Development Programme and UN-Habitat, aims to set up the National Urban Policy that can serve as a cohesive framework linking economic diversification, housing, infrastructure and environmental sustainability across cities and regions in the kingdom. ...

Construction & Real Estate

Saudi Arabia spearheading regional green building sector growth

Saudi Arabia has emerged as a regional leader in green building sector, achieving the highest performance score of 76.3 points and clocking 1.03 million sq m of certified areas. This shift is backed by a robust network of 7,300 experts and a cumulative portfolio of 6,662 projects. ...

Construction & Real Estate

Saudi Arabia leads in green buildings with 1m sq m of certified areas

According to the Saudi Green Building Forum’s SAAF conformity and specifications system, Saudi Arabia emerged as a regional leader, achieving the highest performance score of 76.31 points and registering over 1.03 million sq m of certified areas....

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

Roshn inks $293m deal to develop Sedra community plot

Roshn Group, Saudi Arabia's leading developer powered by sovereign wealth fund PIF, has signed a SAR1.1 billion ($293 million) agreement with Arabian Dyar, a pioneering real estate group in the kingdom, for the development of a 55,000 sq m land plot within the Sedra community in Riyadh. ...

Construction & Real Estate

MYCRANE appoints new Director of Sales & Marketing for Saudi Arabia

MYCRANE, the first global platform for crane rental and purchase, has appointed Aziz Amri as Director of Sales and Marketing for Saudi Arabia, strengthening the company's commercial leadership as it expands operations across the Gulf region....

Construction & Real Estate

Saudi - Qatar high-speed rail link wins Cabinet approval

Saudi Arabia’s Cabinet has approved a landmark agreement with Qatar to establish a 785-kilometre electric high-speed railway linking Riyadh and Doha, paving the way for one of the Gulf’s most ambitious cross-border transport projects....

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