Aramco awards $25bn contracts for gas expansion
Saudi oil giant Aramco has awarded contracts worth more than $25 billion to progress its strategic gas expansion, which targets sales gas production growth of more than 60 per cent by 2030, compared to 2021 levels.
More...Equinox to open luxury resort within Neom
Equinox Hotels, a leader in high-performance luxury hospitality, has entered into an agreement with Neom, the developer of Saudi futuristic city, for the opening of Equinox Resort Treyam, one of Magna’s 12 destinations, located on the coast of the Gulf of Aqaba, in northwest Saudi Arabia.
More...Designs unveiled for King Salman Stadium ...
The Royal Commission for Riyadh City and the Saudi Ministry of Sport have announced the unveiling of the designs and plans for the King Salman Stadium and its sporting facilities as one of the world’s largest sports arenas.
More...... and for the new Murabba Stadium
New Murabba Development Company – a unit of Saudi sovereign wealth fund Public Investment Fund (PIF) – has unveiled the design of New Murabba Stadium, an architectural marvel with a capacity of over 45,000 spectators. The stadium will be a central pillar of New Murabba, the transformative downtown destination in Riyadh City.
More...$4.13bn deals for Diriyah mixed-use district, hotels
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Diriyah Company awarded contracts worth more than $15 billion ($4.13 billion) last month for key developments within the ancient Saudi city, which is part of Riyadh. These include a SR8-billion deal for the construction of four luxury hotels and a clubhouse complex being developed as part of its Wadi Safar masterplan; and a SR7.
More...Designs approved for world’s tallest sports tower
HRH Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister, and Chairman of the Board of Directors of Sports Boulevard Foundation (SBF), has approved the designs of the Global Sports Tower, a prominent landmark within the Sports Boulevard project on Prince Mohammed bin Salman bin Abdulaziz Road in Riyadh.
More...NHC awards contract to build 20,000 homes
Saudi Arabia’s National Housing Company (NHC) has awarded a major contract to China State Construction Engineering Corporation (CSCEC) for building 20,000 residential units within the suburbs and communities being developed by the company across the kingdom.
More...Sumou in deal to design, build over 1,000 residences in Yanbu
Saudi-based Sumou Real Estate has reached an agreement with Jubail & Yanbu Services Company (Jabeen) for the design and construction of 1,104 residential units in Yanbu Industrial City at a total investment of SR1.3 billion ($346 million).
More...RFPs issued for Riyadh-Qassim water pipeline project
Saudi Water Partnership Company (SWPC) has announced that it has issued a request for proposals (RFPs) to qualified bidders for its Riyadh-Qassim Independent Water Transmission Pipeline (IWTP) project which, on completion, will boast a transmission capacity of 685,000 cu m per day.
More...Geberit opens office, showroom in Riyadh
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Geberit, a global leader in sanitary technology, has announced the opening of its new office – Geberit International for Services – in Riyadh, Saudi Arabia. Qazi ... strategic move.
More...Hassana, Kinan to develop major mixed-use project
Hassana, the investment manager of the General Organization for Social Insurance (GOSI), has announced a strategic collaboration with Kinan International Real Estate Development Company for investment in an innovative mixed-use real estate project in the Saudi capital Riyadh.
More...Trailers and applications redefine the vehicle market
JuffaliTrucks, a leading provider of new and pre-owned commercial vehicles in Saudi Arabia, has announced a significant expansion of its trailers and applications portfolio, solidifying its position as a one-stop shop for the kingdom’s transportation sector.
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August 2024 (Volume xlv Issue 8)