Tag: Saudi Arabia

Construction & Real Estate

Mott MacDonald named advisor for Saudi airport development plans

Mott MacDonald has been appointed as the Airports Masterplan Framework consultant to advise on airport development work across Saudi Arabia. In this role, Mott MacDonald will conduct comprehensive reviews to existing masterplans for 25 Saudi airports. ...

Construction & Real Estate

NHC signs $266m Makkah Gate development deal

Saudi Arabia's National Housing Company (NHC) has signed a sub-development agreement with Turkish company Emlak Konut to develop several allocated lands in the Makkah Gate Destination in the Saudi city at an investment value of over SAR1 billion ($266 million). ...

Construction & Real Estate

Samsung E&A’s Saudi Arabia APOC project wins award

Samsung E&A, a total solutions provider for the global energy industry, announced that its Saudi Arabia Advanced Polyolefin Company (APOC) Propane Dehydrogenation and Utilities & Offsite (PDH/UTOS) Project has been selected as the Energy Project of the Year at the 2025 MEED Projects Awards, presented in association with Mashreq....

Construction & Real Estate

Cheval Collection continues ME expansion with second property in KSA

Cheval Collection, the UK-based, award-winning luxury hospitality company specialising in top quality serviced apartments, has signed an agreement with KSA’s Ladun Investment Company to open a second site in Riyadh, Saudi Arabia, further strengthening the group’s presence in the Kingdom....

Construction & Real Estate

Gallagher forecasts key changes in construction insurance

Leading insurance broker, risk management services and consulting firm Gallagher has shared critical insights on the evolving trends in construction insurance at the Cityscape Global in Riyadh....

Construction & Real Estate

JLL sets up new real estate knowledge hub in Saudi Arabia

Leading real estate industry expert JLL has announced the launch of its Real Estate Knowledge Hub in Saudi Arabia, a pioneering initiative designed to cultivate a skilled workforce and advance professional expertise within the kingdom’s rapidly evolving real estate sector. ...

Construction & Real Estate

Al-Khobar set for transformation with $1.8bn tourism projects

Al-Khobar Governorate in Saudi Arabia has overseen the signing of several agreements and major projects valued at more than SAR 7 billion ($1.8 billion) for the development of integrated tourism destinations during the TOURISE 2025 Summit in Riyadh....

Construction & Real Estate

Midad, Kerzner in JV to bring iconic hospitality brands to Jeddah

Midad Real Estate Company has announced a landmark joint venture with Jeddah Central Development Company (JCDC), a PIF entity, and global hospitality leader Kerzner International, to introduce the first-ever Atlantis and One&Only destinations in Saudi Arabia....

Construction & Real Estate

Acciona commissions Shuqaiq 4 desalination plant in KSA

Acciona, a global company and a leader in providing renewable solutions, has completed the construction and commissioning of the Shuqaiq 4 desalination plant, located in the southwest of Saudi Arabia....

Construction & Real Estate

Saudi cement sales up 7.3% in October

Cement sales in Saudi Arabia increased by 7.3% year on year (y-o-y) and 8.1% month-on-month (m-o-m) to 5.24 mt in October. This is the highest monthly sales since March 2021, said an Al Rajhi Capital research note....

Construction & Real Estate

ROSHN Group launches new release of 'The Garden Collection' in SEDRA

ROSHN Group, Saudi Arabia’s leading multi-asset class real estate developer and a Public Investment Fund (PIF) company, has launched a new release of The Garden Collection villas in the fully integrated SEDRA community in North Riyadh. ...

Construction & Real Estate

L&T lands $569m Saudi grid infrastructure orders

India's top construction conglomerate Larsen & Toubro (L&T) has announced that one of its key units has secured a batch of grid infrastructure orders - worth nearly Rs50 billion ($569 million) - for construction of 380 kV substation and transmission lines in Saudi Arabia. ...

Construction & Real Estate

Red Sea Global secures $1.7bn funding for Amaala project

Red Sea Global (RSG), a leading developer powered by Saudi PIF, has secured a SAR6.5 billion ($1.73 billion) funding for its ultra-luxury wellness destination, Amaala, featuring more than 1,400 hotel rooms across eight different resorts. ...

Construction & Real Estate

Krank enters GCC market in landmark partnership with Dayim

Krank, a global heavy equipment trading technology firm, has made its Middle East debut through a strategic partnership with Saudi group Dayim, unveiling the Dayim Marketplace - a fully integrated heavy equipment trading platform for the region. ...