World’s tallest 3D printed building in Riyadh
Saudi real estate developer Dar Al Arkan has announced the successful completion of the world’s tallest 3D printed building – a three-storey smart home villa – in the capital Riyadh. The 9.9-m-tall building was 3D printed in just 26 days using a 3D construction printer from Denmark-based Cobod International.
More...IHG to open hotel in Saudi Nonprofit City
IHG Hotels & Resorts, one of the world’s leading hotel companies, has announced the signing of a management agreement with Mohammed Bin Salman Nonprofit City for a new Hotel Indigo within the city near the Irqah area along Wadi Hanifa in Riyadh.
More...AlUla set to develop equestrian hub, gallery
The Royal Commission for AlUla (RCU) has unveiled the designs of its ambitious equestrian village to be set up in AlUla. It also signed a deal to develop a landmark contemporary art gallery at the Unesco heritage site. The AlMuatadil Equestrian Village, spread over a 2.
More...Jayasom, RSG to set up 177-key health resort
Global destination wellness resort operator Jayasom has announced plans to launch its inaugural flagship property at Amaala, one of the world’s most ambitious tourism destinations being developed by Red Sea Global (RSG).
More...Egis wins key deals; inks major acquisition
Egis, a major international group in the consulting, construction engineering and mobility sectors, clinched two major deals in Saudi Arabia last month – the first to provide consulting services for 26 airports in the kingdom and the second for project management services for Saudi Entertainment Ventures’ (Seven) entertainment destinati
More...Acwa JV closes $8.5bn Neom hydrogen deal
Acwa Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide, has announced that its joint venture entity has closed a financing agreement worth $8.5 billion for a major green hydrogen project coming up at Saudi futuristic city Neom.
More...Marriott in deal to open eight Madinah properties
Global hospitality group Marriott International has signed a landmark agreement with Rua Al Madinah Holding Company to open eight new hotels in the Saudi city.
More...Four Seasons plans resort on Red Sea island
Four Seasons Hotels and Resorts and Red Sea Global (RSG), a closed joint stock company wholly owned by the Public Investment Fund (PIF) of Saudi Arabia, have announced plans to introduce a Four Seasons Resort as part of The Red Sea Project masterplan development.
More...Roshn unveils mega residential projects
Roshn, a leading Saudi community developer backed by the kingdom’s wealth fund PIF (Public Investment Fund), announced the launch of two major housing communities last month – one in the Eastern Province and the other in Riyadh. The company also signed agreements worth SR8 billion ($2.
More...Zamil Industrial unit lands Maersk contract
Zamil Steel Construction Company, a wholly-owned subsidiary of Saudi-based business conglomerate Zamil Industrial Investment Company (Zamil Industrial), has secured a contract worth SR719 million ($195 million) from Maersk Arabia Logistics Services for the construction of multi-purpose warehouses as well as a logistics yard at the Jeddah Islamic Po
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April 2023 (Volume xliv Issue 4)