Saudi Arabia reached a significant homeownership milestone in 2025, with the national rate rising to 66.24%, exceeding the annual target of 65% and moving closer to the Saudi Vision 2030 target of 70%. ...
Aseer Governor Prince Turki bin Talal laid the foundation stone for the “Westin Abha” project, spanning more than 153,000 square metres and featuring 330 hotel units, 52 villas and chalets, and 78 residential units, in a bid to strengthen the region’s tourism sector....
Saudi Arabia's National Center for Privatization & PPP (NCP) and Ashraq Development Company, a key unit of the kingdom's Eastern Province Municipality, has kicked off the Request for Qualification (RFQ) phase for the King Fahd Suburb Boulevard Project in the Eastern Province....
Saudi Arabia's Contractors Authority (SCA) is seeking to strengthen partnerships with leading French construction companies and gain access to advanced building technologies as part of its efforts to boost the competitiveness of the kingdom's contracting sector, said a report. ...
The International Code Council (ICC) will facilitate industry professionals better understand the regulatory landscape and navigate the practical requirements of the Saudi Building Code (SBC) during its participation as an exhibitor at Big 5 Construct Saudi 2026....
Saudi Arabian Refineries Company (SARCO) has announced that Raya Al-Tajdeed Contracting Company, 35%-owned by SARCO, has entered into a contract with a multinational education company to carry out construction works in the city of Riyadh....
Saudi Arabia’s booming real estate market is set to take centre stage in Riyadh this November as Cityscape Global 2026 brings developers, investors and policymakers from around the world together to explore opportunities emerging from the kingdom’s ambitious urban transformation....
Saudi Arabia will start implementing a 70% localisation in project management professions in the private sector starting from February next year, said a report. The move, aimed at boosting the locals' participation in the labour market, is in line with the objectives of Saudi Vision 2030. ...
Al Rajhi Capital and LogiPoint have entered into a deal to establish a dedicated investment fund for the development of the South Jeddah Logistics and Industrial Park, a landmark mixed-use logistics and industrial project in the Saudi port city, at a total investment of SAR5 billion ($1.3 billion). ...
Nine wind turbines have arrived at Saudi Arabia's King Fahad Industrial Port in Yanbu for the Starah and Shaqra wind power projects. The cargo included 27 wind turbine blades, together with various supplementary turbine components and equipment needed for power generation from wind energy. ...
Saudi retail and food and beverage market maintained strong momentum in H1 supported by resilient consumer spending - which hit SAR425 billion ($113 billion) - as well as low inflation and expansion of the non-oil economy, according to Knight Frank....
Saudi Arabia's Qiddiya Investment Company has announced PlayPath, a new mid-career recruitment and development initiative designed to attract, develop, and accelerate Saudi engineering talent supporting the delivery of Qiddiya City....
The Kingdom of Saudi Arabia remains one of the world's most active real estate development markets, supported by robust non-oil economic growth, regulatory reforms and a multi-billion-dollar pipeline of infrastructure and property developments, said a leading property expert. ...
MWG Enterprises, a US-based energy development company, said it has - in partnership with Patel Family Office and PWS, a company of Saudi Arabia’s AHQ Group - entered the final stage of site selection for its planned $5 billion integrated refinery and energy export corridor. ...
Saudi Arabia is stepping up efforts to drive sustainable development in the Jazan region, with authorities overseeing 38 strategic projects aimed at upgrading infrastructure, attracting investment and supporting long-term economic growth under the kingdom's Vision 2030 agenda....
The Cityscape brand is expanding to Saudi Arabia’s Western Region with the launch of Cityscape West KSA, sponsored by the Ministry of Municipalities and Housing (MOMAH), creating a dedicated platform for the region....
Mammoet, a global leader in engineered heavy lift and transport sector, has expanded its fleet in Saudi Arabia with the deployment of seven Mercedes-Benz trucks, 60 Goldhofer conventional axle lines, Azobé crane mats and all-terrain and crawler cranes as part of a major investment in the kingdom. ...
Saudi Arabia's real estate transaction volumes edged higher in the second quarter from the previous three months, although activity remained weak compared to Q1, said a report. The residential deal volumes fell 21% over last year led by declines in Riyadh, Jeddah and Madinah. ...
Saudi Arabia ranks first globally in the World Economic Forum's Road Connectivity Index, reflecting years of investment that have expanded the kingdom's road network to more than 73,000 km and improved connectivity across its cities and governorates. ...
Saudi Arabia's Safari Group has clinched a major contract from Matarat Holding to expand Hail Airport under the Airports Cluster II programme. On completion, the airport will have spacious departures and arrivals areas as well as a new 5,600-sq-m southern extension to the existing terminal. ...
