Contractors sought for construction of Mukaab
Within days of announcing the piling works contract for its ambitious project Mukaab, the New Murabba Development Company, a key developer powered by Saudi sovereign wealth fund PIF (Public Investment Funds), has invited the world’s leading contractors to take part in bringing its groundbreaking project to reality.
More...Retal wins deal to build Roshn’s Dhahran residences
Saudi-based developer Retal Urban Development Company has announced that one of its key subsidiaries, Building Construction Company (BCC), has secured a SR2.89-billion ($770 million) contract from Roshn, the PIF-owned giga project developer, for Aldanah, a major residential project in Dhahran. Covering over 1.
More...Neom unveils another mega luxury project
NEOM, the developer of Saudi futuristic city, has unveiled plans for Jaumur – the largest cosmopolitan luxury community set on the coast of Gulf of Aqaba – as the latest addition to its evolving regional development in northwest Saudi Arabia.
More...NHC, Citic to set up building materials factories
National Housing Company (NHC) has announced that it has signed a co-operation agreement with China’s Citic Construction to establish an industrial city and logistics zones for building materials, comprising 12 factories in Saudi Arabia.
More...Construction begins on $12bn Banan City
Saudi Arabia’s National Housing Company (NHC) has joined hands with the Talaat Mostafa Group for the ground-breaking of its premium development – Banan City – being set up at a total investment of SR40 billion ($12 billion) in northeast Riyadh.
More...BEC breaks ground for advanced HVAC factory
Saudi-based Basic Electronics Company has joined hands with leading Chinese electric appliances group Gree to break ground on its new smart factory in Dammam that will manufacture HVAC (heating, ventilation and air-conditioning) products.
More...Qiddiya launches region’s biggest water theme park
Qiddiya Investment Company (QIC) has announced the launch of Aquarabia, the first water theme park of its kind in Saudi Arabia and the largest in the region. Located in Qiddiya City, close to capital Riyadh, Aquarabia will complement Six Flags Qiddiya City, the first Six Flags park to be designed and built outside of North America.
More...NWC embarks on $959m water, sanitation projects
Saudi Arabia’s National Water Company (NWC) began implementing new water and sanitation projects worth SR3.6 billion ($959 million) in Riyadh, Madinah and the Eastern Province last month.
More...India’s Kalpataru Projects lands $906m Aramco EPC work
India’s Kalpataru Projects International Limited (KPIL) has announced that it has secured a major contract worth SR3.4 billion ($906.
More...JCV unveils e-trucks for zero-emission haulage
Juffali Commercial Vehicles (JCV), the authorised distributor for Mercedes-Benz trucks in Saudi Arabia, has unveiled the eActros and eEconic electric trucks, marking a milestone in the country’s transition to emission-free transportation.
More...
June 2024 (Volume xlv Issue 6)