Qiddiya Investment Company has announced the National Tennis Centre – a world-class sports and entertainment landmark -- will position Saudi Arabia as a future hub for international tennis, local grass roots participation and year-round community play....
King Abdullah Financial District Development and Management Company (KAFD DMC), the developer and operator of Riyadh’s premier business and lifestyle destination, has secured a SAR12 billion ($3.2 billion), 15-year, senior-secured Murabaha facility, its first independently secured debt facility. ...
Saudi Arabia's National Housing Company (NHC) has signed a memorandum of understanding (MoU) with China's Sinoma Chengdu Design and Research Institute of Building Materials Industry Co (Sinoma-CDI) to enhance cooperation in the field of construction and real estate....
Saudi Arabia has awarded new housing projects in Riyadh and Dammam worth more than SAR1.9 billion ($506 million) to Chinese firms, as part of efforts to strengthen the Saudi-Chinese partnership in the housing and construction sectors....
Saudi Arabia's residential market recorded a sharp slowdown in activity during Q1 2026, with transaction volumes falling by 50% year-on-year, according to an analysis by global property consultancy, Knight Frank....
Leading Saudi Arabian groups have signed six agreements with Chinese entities covering investment co-operation, construction technology, knowledge transfer, workforce development and public-private partnerships at a key industry event in Shenzhen, China. ...
Saudi Arabia has awarded licences to key industry players including Unigaz Arabia and Tazweed as well as a NGC-Zamil consortium for the establishment, development, operation and maintenance of strategic LPG infrastructure including filling and storage facilities across the kingdom. ...
The Kingdom of Saudi Arabia and Türkiye have signed two agreements to expand co-operation in the logistics and railway sectors following talks between their transport ministers in Riyadh. The first deal covers logistics services and operations, while the second focuses on the railway sector. ...
Saipem has announced that its joint venture with Nasser Saeed Al Hajri has secured a key engineering, procurement and construction services contract worth €900 million ($1.03 billion) for the Uthmaniyah Gas Compression Plant in the Kingdom of Saudi Arabia. The entire work will be completed within 42 months. ...
Saudi Arabia's Matarat Holding and the National Center for Privatisation & PPP (NCP) have issued request for proposals (RFP) to qualified bidders for the development of the new Taif International Airport project. A PPP project, it will be implemented under a Build-Transfer-Operate (BTO) model. ...
Canadian group Cority has announced a significant expansion of its presence in Saudi Arabia with the launch of its new regional headquarters. Its cloud-based architecture enables organisations to centralise EHS data, improve transparency, and give teams a clearer, faster view of risk across operations....
First Avenue for Real Estate Development has signed an agreement with SNB Capital, Dar Al Majed and Rekaz to set up an investment fund that will acquire and build educational facilities across Saudi Arabia. This comes as part of First Avenue's strategy to diversify its portfolio and income streams. ...
GFH, a leading Islamic investment bank, has announced that it has sealed a strategic agreement with Octo Management Consultancies to collaborate on the development of a $300 million logistics and industrial real estate platform across the UAE and the Kingdom of Saudi Arabia. ...
Red Sea Global (RSG), the developer behind regenerative tourism destinations The Red Sea and AMAALA, has completed the modernisation of AlWajh International Airport (EJH) located in northwest Saudi Arabia....
Saudi Arabia's sovereign wealth fund PIF has reached an agreement with Talaat Moustafa Group Saudi that will see the duo explore opportunities, boost co-operation and collaborate in mixed-use real estate projects with the premium developments owned by PIF across the kingdom. ...
Georg Fischer (GF), a Swiss company dedicated to the manufacture, supply and marketing of thermoplastic piping systems, has announced the opening of its commercial office in Riyadh. With this move, GF aims to bring its global Flow Solutions expertise closer to its customers in Saudi Arabia....
Royal Commission for Riyadh City (RCRC) is gearing up to launch a major urban cooling project in the Saudi capital that aims to reduce temperatures on roads, walls and other urban surfaces by up to 15°C, said a report. Top Greek consulting firm Planet has been signed up as the lead consultant for the project....
MYCRANE, the first global platform for crane rental and purchase, has further strengthened its commercial team in Saudi Arabia with the appointment of Shiraaj Shaleeh as Head of Sales and Aashish Mulye as Sales Manager, both based in Riyadh....
Jazeera Paints, a leading company in the paint, colour, and building solutions industry, is strengthening its presence across Gulf markets as part of its broader regional expansion strategy, by opening its first branch in Doha....
Saudi Arabia’s real estate market experienced strategic recalibration, steady structural demand drivers, and continued investor confidence despite a more complex regional economic backdrop in the first quarter of this year, a report said. ...
