Jabal Omar Development Company (JODC), a leading real estate development company in the region, has signed up Emaar Hospitality Group’s premium luxury hotel brand Address Hotels + Resorts to manage its flagship hospitality project in Makkah, Saudi Arabia. This also marks the first expansion of Address Hotels + Resorts to Saudi Arabia.
Saudi Aramco has signed a joint venture deal with UAE-based engineering firm Lamprell, the National Shipping Company of Saudi Arabia (Bahri) and Hyundai Heavy Industries Company to establish, develop and operate a world-class maritime yard.
Italian firm Schiattarella Associati has been appointed to design the new Al Jabri Mosque complex in northwestern Saudi Arabia. The mosque, which will have a capacity to host about 3,000 worshippers, will be built over on an area of 22,500 sq m on King Abdul-Aziz Road at Hail city.
Emerson has signed an agreement with Saudi Aramco to collaborate on digital transformation of the global oil giant’s operations in the kingdom.
Juffali Industrial Products Company (Jipco) of Saudi Arabia is gearing up to begin delivery of a total of 539 new medium and heavy-duty Mercedes-Benz trucks to Al Khaldi Transport, its long-standing customer in Dammam.
Saudi Arabia has launched more than 100 projects worth SR4.9 billion ($1.3 billion) aimed at boosting the supply of drinking water and providing better sanitation services to its citizens across the kingdom.
Dussur, GE sign $1bn JV Dussur has signed a SR3.75-billion ($1 billion) agreement with General Electric (GE) to co-invest in strategic sectors that will help develop and localise industrial value chains in the kingdom to serve the domestic market and beyond. In addition, an aggregate potential investment of SR7.
A massive expansion of the Red Sea Mall in Jeddah is under way, adding hundreds of thousands sq m of gross leasable area (GLA) to the facility in what is said to be the largest such programmes in the kingdom’s retail sector. Red Sea Markets told Gulf Construction it is investing SR250 million ($66.
The King Abdulaziz Project for Public Transport in Riyadh is progressing as per schedule and on track for launch next year, said a report. It comprises a modern train network supported by a multiple feeder bus service to ease traffic congestion in the capital, the Saudi Gazette reported.
