The Royal Commission for AlUla (RCU) has unveiled designs for its first model neighbourhood, featuring 700 residential units, created as part of efforts to sustainably develop AlUla County for residents.
Agility, a supply chain services, infrastructure and innovation company, is set to build a major logistics park in an area south of Jeddah city at an investment of SR611 million ($163 million).
Saudi Arabia’s State Properties General Authority (SPGA) has invited prequalification bids from leading project developers and investors for a major transit-oriented development (TOD) project to be set up on a 167,000-sq-m area in Makkah. The deadline for submitting bids is December 1.
A giant turtle-shaped structure – running 550-m long and 610-m wide – being modelled to host a floating city for ultra-high-net-worths is set to come up in Saudi Arabia.
Leading Saudi developer Dar Al Arkan has completed the kingdom’s first 3D construction printed (3DCP) two-storey villa, which stands 9.9-m tall, within the Shams Al Riyadh residential development in the Saudi capital.
Red Sea Global (RSG), the developer behind the world’s most ambitious regenerative tourism destinations, The Red Sea and Amaala, has awarded a major contract to Reem Emirates Saudi for the construction of the façade and roof shell of Red Sea International (RSI) airport’s landside facilities.
Acwa Power, a leading Saudi developer, investor and operator of power generation, desalinated water and green hydrogen plants worldwide, has announced the financial close for the Shuaibah 3 IWP Project with a total investment cost of $821 million.
Roshn, a national community developer fully owned company by the Saudi Public Investment Fund (PIF), has announced the launch of sales of 2,171 residential units within the second phase of its landmark project, Sedra, in Riyadh.
Saudi Arabia’s sovereign wealth fund PIF (Public Investment Fund) has signed a deal with top investment group BlackRock to jointly explore infrastructure projects in the Middle East with a majority of the investment activity focused on the kingdom targeting sectors such as energy, water and transportation.
