Amaala, the ultra-luxury destination located along Saudi Arabia’s northwestern coastline, has appointed masterplanners for its three key communities – The Island, Triple Bay and The Coastal Development.
Guardian Glass, a leading manufacturer of float, coated and fabricated glass products, has announced that Maraya Concert Hall has been declared as the world’s largest mirror-clad building by the Guinness World Records.
A consortium comprising French multinational utility group Engie and local water desalination company Mowah has been appointed as the developer of Yanbu 4 Independent Water Plant (IWP), a seawater desalination facility to be developed using reverse osmosis (RO) technology.
The Royal Commission for AlUla (RCU) has kicked off the first phase of the AlUla South urban development programme by opening up permits for residential and commercial buildings in AlUla South.
Kirby Building Systems, a leading manufacturer of custom-engineered metal building systems, said it has secured a major supply contract for a retail development, Hawiya Mall, coming up over a 10,224-sq-m area in the Taif region. Its scope of work includes the design, manufacturing and supply of the complete structure.
The Red Sea Development Company (TRSDC), the developer behind one of the world’s most ambitious tourism initiatives, has awarded a contract to Cundall, an international multi-disciplinary consultancy providing engineering, design and sustainable solutions, to develop its mega luxury tourism project as the largest certified Dark Sky Reserve in
Saudi Arabia’s newly established Ministry of Investment (formerly Sagia) has awarded a trade licence to Virgin Hyperloop One (VHO), thus marking a significant milestone for the California-based developer in its pursuit to commercialise the technology.
The total value of awarded contracts for the year 2019 in Saudi Arabia surged to hit SR197.1 billion ($52.6 billion), which is the highest since 2015, said the US-Saudi Business Council (USSBC) in its Contract Awards Index for the Fourth Quarter 2019. The total value of awarded contracts during the fourth quarter hit SR35.3 billion, it stated.
