Saudi Focus

The Royal Commission for Riyadh City (RCRC) has awarded road infrastructure contracts worth SR13 billion ($3.46 billion) as part of the first phase of the Main Road and Ring Road Development Programme.






China Energy Engineering Engineering Corporation (CEEC) has joined hands with leading Saudi entities for a 6.98 billion yuan ($972 million) solar power plant project in Saudi Arabia, thus marking the latest in a string of China-Saudi renewable energy deals, reported Reuters.






Neom Green Hydrogen Company (NGHC), the company building the world’s largest green hydrogen plant at Oxagon, in Saudi Arabia’s northwestern region of Neom, has announced a significant recruitment drive for its construction and operations phases.






Work is currently under way on the Jeddah Tower (previously the Kingdom Tower) in Saudi Arabia, one of the most ambitious construction projects in human history, reported Newsweek, citing new satellite imagery.






Saudi Water Partnership Company (SWPC) has announced that consortiums of Saudi utility group Aljomaih Energy & Water Company (with partners Nesma and Buhur for Investment Company) and Vision International Investment (with partner Abu Dhabi National Energy Company – Taqa) have emerged as the final bidders for a major Saudi water transmissi






Saudi Water Partnership Company has announced that its key utility project – Jubail 3B Independent Water Desalination Project – has begun commercial operation. The SR2.






Acwa Power, a leader in power generation and water desalination plants, has announced that its 700 MW AlRass1 Solar Photovoltaic Project located in Qassim province has entered into commercial operations. The project was developed through Ar Rass Solar Energy Company, a special-purpose vehicle (SPV) established by Acwa Power (with a 40.






Roshn Group, Saudi Arabia’s leading multi-asset class real estate developer and a PIF company, has announced the development of an iconic 45,000-seat stadium in southwest Riyadh. Spanning over a 450,000-sq-m area, the landmark mixed-use project will also encompass a wide range of shops, restaurants, and hospitality venues.






WORK is forging ahead on the SR17.2 billion ($4.586 billion) The Avenues – Riyadh, a mega multi-purpose development with a built-up area of 1.8 million sq m in the north of Riyadh, which is expected to open in Q1 of 2026. The project has reached 44.






The total value of awarded contracts in Saudi Arabia for the first quarter soared to SR119 billion ($32 billion), recording a 79 per cent growth over last year, while on a quarter-on-quarter basis, the value of contracts grew by 35 per cent, according to a report by the US-Saudi Business Council (USSBC).






Roshn, a leading developer powered by Saudi wealth fund PIF, has launched the sale of 1,251 new homes within the fourth phase of its flagship Sedra community in the capital Riyadh.






Darco Real Estate Company has announced the launch of a SR485 million ($129 million) project in the Al Shati district of Jeddah in collaboration with Sedco Capital, a closed joint-stock company fully owned by Sedco Holding Group and Sahem Financial Platform, a Saudi group operating in the financial technology sector.






Juffali Commercial Vehicles (JCV), which has established itself as a key player in Saudi Arabia’s commercial transportation sector, has unveiled the Mercedes-Benz Euro 5 engine in the kingdom, which promises significant efficiency and environmental gains for commercial vehicle operators.






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