Diversifying beyond oil
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Two mega projects launched last year – The Rig., a ‘world-first’ adventure tourism destination to be built on an offshore platform in the Arabian Gulf, and a striking stadium that will be one of the venues for the Fifa World Cup 2034 – are setting the tone for real estate development in the Eastern Province.
More...Offshore haven
A key deal was signed by the Principality of the Eastern Region of Saudi Arabia with the Oil Park Development Company (OPDC), a subsidiary of Saudi sovereign wealth fund Public Investment Fund (PIF), to develop The Rig.project, the first tourist destination in the world inspired by offshore oil platforms.
More...World-class stadium taking shape
Work on Aramco’s stunning stadium is well in progress with precast slabs and beams currently being erected on site. This follows the award of a design-and-build contract to a joint venture of Belgian infrastructure major Besix and Saudi-based AlBawani.
More...Jubail’s first net-zero HQ surpasses expectations
Rising amidst an industrial landscape, the new Jubail headquarters of SABIC, one of the world’s largest petrochemical companies, has proved itself as a hub of innovation and sustainability during the past one year after its inauguration.
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January 2025 (Volume xlvi Issue 1)