ALUPCO, AAG in deal to build major downstream aluminium base
ALUMINIUM Products Company (ALUPCO), a leading aluminium extrusion producer in Saudi Arabia, and Asia Aluminum Group (AAG), a major Hong Kong aluminium extrusion manufacturer with a production base in Mainland China, have signed a Master Framework Agreement to build the largest integrated downstream aluminium industrial base in Saudi Arabia.
More...King Salman Gate project announced for Makkah
KING SALMAN GATE, a transformative multi-use development in Makkah city, has been announced by HRH Prince Mohammed bin Salman bin Abdulaziz Al Saud, Saudi Arabia’s Crown Prince, Prime Minister and Chairman of the Board of Directors of RUA AlHaram AlMakki Company.
More...JLL named leasing advisor for Riyadh Metro network
THE Royal Commission for Riyadh City (RCRC) has signed up global real estate advisory JLL as the leasing advisor for the entire commercial network of Riyadh Metro.
More...Dar Al Arkan gets masterplan approvals for Riyadh project
DAR AL ARKAN, a leading Saudi real estate developer, has announced that it has officially secured the masterplan approvals for its flagship project, Shams Ar Riyadh. With this key milestone now in place, the company has confirmed that the project is set for completion by 2026-end.
More...KONE vertical mobility partner for Jeddah Tower
KONE Corporation, a global leader in elevator and escalator industry, has been appointed as the vertical mobility partner for the world’s tallest-building-to-be, Jeddah Tower, in the Kingdom of Saudi Arabia.
More...ROSHN in deal to promote innovation in real estate
ROSHN Group, Saudi Arabia’s leading multi-asset real estate developer and a PIF company, has signed a wide-ranging memorandum of collaboration (MoC) with the Ministry of Municipalities and Housing (MOMAH), represented by the Ministry’s Agency for Housing Supply Stimulus and Real Estate Development, aimed at developing operational proces
More...Alkhorayef preferred bidder for Jazan project
TheSaudi Water Partnership Company (SWPC) has announced that Alkhorayef Water and Power Technologies has emerged as the preferred bidder for the Small Sewage Treatment Plants (SSTPs) Project in the Jazan region following the successful evaluation process for bids.
More...Acwa Power closes $2.9bn finance deal for CCGT plant
Leading global utility project developer Acwa Power has announced that one of its key affiliates – Hajar Two Electricity Company – has achieved a SAR10.8 billion ($2.9 billion) financial close for the Qurayyah CCGT IPP Expansion Project located in the Eastern Province of Saudi Arabia.
More...Riyad Capital, SAR eye $1.6bn real estate fund
Riyad capital, one of the kingdom’s largest asset managers and a leading company in real estate investment, has announced that it will join hands with the Saudi Railway Company (SAR) to establish a real estate fund aimed at developing a mixed-use project based on the Transit Oriented Development (TOD) model, a global concept focused on creati
More...KAFD to house Riyadh Creative District’s Phase One
The Royal Commission for Riyadh City (RCRC) has signed an agreement with King Abdullah Financial District Development and Management Company (KAFD DMC) to house Phase One of Riyadh Creative District (RCD) in KAFD.
More...Saudi giga project deal awards up 20pc to $196bn
The value of Saudi Giga projects contract awards has risen sharply to $196 billion this year, up 20 per cent from 2024, underscoring the pace at which projects are transitioning from vision to reality, said a Knight Frank report.
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November 2025 (Volume xlvi Issue 11)