Saudi-based New Murabba Development Company (NMDC) has announced that it has signed an agreement with Bechtel, a leading engineering and construction company, to provide project management services for its mega development, New Murabba, in the capital Riyadh.
Kerten Hospitality, an Ireland-based mixed-use, ESG and lifestyle operator, has reached an agreement with Neom, the developer of a mega futuristic city in north eastern Saudi Arabia, to launch its House Residence brand within the Oxagon development in the kingdom.
Parsons Corporation, a leading US engineering and construction group, said it has been awarded a five-year contract by the King Abdullah Financial District Development and Management Company to provide key project and construction management services for the expansion of its prime business and lifestyle destination, the King Abdullah Financial Dist
Acwa Power, a leading Saudi-based utility project developer, has announced that its consortium has secured financial closure for the Al Shuaibah solar projects which is being developed in Jeddah at a total investment of $2.37 billion.
Leading Kuwaiti developer Mabanee has awarded a construction contract worth SR3.66 billion ($985 million) to a joint venture of Saudi group AlKifah Contracting Company and Kuwait-based Al Ahmadiah Contracting for Phase One of The Avenues Khobar, its premium mixed-use project in Saudi Arabia’s Eastern Province.
Saudi-based Diriyah Company said the first phase of its masterplan has been awarded Platinum Level LEED for Cities Certification by the US Green Building Council. This accreditation in LEED for Cities and Communities marks the first time a project in the Middle East has received such an accolade.
Red Sea Global (RSG) has announced exceptional progress with regard to the first phase of its mega Red Sea development, which has involved creating exquisite resorts and sustainable infrastructure in a remote location.
Juffali Commercial Vehicles (JCV), a leading provider of logistics solutions in Saudi Arabia, said the Zetros from Mercedes-Benz offers a dependable option for long-distance haulage, even on rough terrain. “The Zetros is not only capable of handling rough terrain, but is also comfortable and fuel-efficient on the highway.
