Within days of announcing the piling works contract for its ambitious project Mukaab, the New Murabba Development Company, a key developer powered by Saudi sovereign wealth fund PIF (Public Investment Funds), has invited the world’s leading contractors to take part in bringing its groundbreaking project to reality.
Saudi-based developer Retal Urban Development Company has announced that one of its key subsidiaries, Building Construction Company (BCC), has secured a SR2.89-billion ($770 million) contract from Roshn, the PIF-owned giga project developer, for Aldanah, a major residential project in Dhahran. Covering over 1.
NEOM, the developer of Saudi futuristic city, has unveiled plans for Jaumur – the largest cosmopolitan luxury community set on the coast of Gulf of Aqaba – as the latest addition to its evolving regional development in northwest Saudi Arabia.
National Housing Company (NHC) has announced that it has signed a co-operation agreement with China’s Citic Construction to establish an industrial city and logistics zones for building materials, comprising 12 factories in Saudi Arabia.
Saudi Arabia’s National Housing Company (NHC) has joined hands with the Talaat Mostafa Group for the ground-breaking of its premium development – Banan City – being set up at a total investment of SR40 billion ($12 billion) in northeast Riyadh.
Saudi-based Basic Electronics Company has joined hands with leading Chinese electric appliances group Gree to break ground on its new smart factory in Dammam that will manufacture HVAC (heating, ventilation and air-conditioning) products.
Qiddiya Investment Company (QIC) has announced the launch of Aquarabia, the first water theme park of its kind in Saudi Arabia and the largest in the region. Located in Qiddiya City, close to capital Riyadh, Aquarabia will complement Six Flags Qiddiya City, the first Six Flags park to be designed and built outside of North America.
Saudi Arabia’s National Water Company (NWC) began implementing new water and sanitation projects worth SR3.6 billion ($959 million) in Riyadh, Madinah and the Eastern Province last month.
India’s Kalpataru Projects International Limited (KPIL) has announced that it has secured a major contract worth SR3.4 billion ($906.
Juffali Commercial Vehicles (JCV), the authorised distributor for Mercedes-Benz trucks in Saudi Arabia, has unveiled the eActros and eEconic electric trucks, marking a milestone in the country’s transition to emission-free transportation.
