Saudi Focus

Saudi-based Jabal Omar Development Company (JODC) has announced that work is moving at a steady pace at its mega master development in Makkah with Phases Two and Three targeted for completion by the year-end and Phase Four by Q4 2024.






HRH Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, and Chairman of the Public Investment Fund (PIF), has announced the launch of Saudi Downtown Company (SDC), which aims to build and develop downtown areas and mixed-use destinations in 12 cities throughout Saudi Arabia.






The Red Sea Development Company (TRSDC), the developer behind the world’s most ambitious regenerative tourism project coming up in Saudi Arabia and Amaala, has announced its transformation into Red Sea Global (RSG) – a rebrand to represent our status as a global multi-project developer.






Saudi Ports Authority (Mawani) has signed a contract with Globe Group, a leading company in the marine services sector, for the development of an integrated logistics park and re-export zone over a 135,000-sq-m area at Jeddah Islamic Port in the Western Province.






Daikin, a leading global manufacturer of heating, ventilation, air-conditioning and refrigeration (HVAC-R) solutions, has announced the opening of its first factory in Saudi Arabia.






Ajdan Real Estate Development Company, a leading lifestyle destination developer in Saudi Arabia, has announced the launch of Bayfront, a SR250-million ($66.5 million) project in Al Khobar that offers a mix of retail and leisure amenities.






Diriyah Gate Development Authority (DGDA) plans to implement the kingdom’s own version of France’s world-famous Champs-Elysees. Plans for the ambitious project were announced during the Saudi-French Strategic Partnership for Designing Sustainable Cities for Tomorrow tour in Riyadh by DGDA CEO Jerry Inzerillo, said an Arab News report.






Roshn, the leading national real estate developer, has announced the opening of sales for the next phase of development at its landmark project Sedra in Riyadh.






Abu Dhabi-based National Petroleum Construction Company (NPCC) has announced the ground-breaking for a new 400,000-sq-m fabrication yard in Ras Al Khair port located in the Eastern Province of Saudi Arabia.






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