Qiddiya Investment Company (QIC), a wholly-owned unit of Saudi wealth fund PIF (Public Investment Fund), has appointed a consortium of Spain’s FCC Construcción and Saudi contractor Nesma & Partners for the construction of the Prince Mohammed bin Salman Stadium located within its entertainment and tourism mega-project in Riyadh.
Saudi Arabia’s National Center for Privatization & Public Private Partnership (NCP) has announced that consortiums of four regional utility developers have emerged as the qualified bidders for the development of a power plant in the Empty Quarter – Rub’al Khali (EQ- Power Project).
Knowledge Economic City Company (KEC) has announced that one of its key subsidiaries, Al Gharaa International Real Estate Development Company, has entered into deals with global hospitality groups – Hilton, Marriott International, InterContinental Hotel Group and Radisson – as well as Southeast Asia’s largest privately-owned hotel
Hill International has been awarded a major contract by Dammam Airports Company (DACO) to provide project management consultancy services for multiple improvement projects at its key projects – King Fahd International, Al Ahsa International and Al Qaisumah International (AQI) airports.
New Murabba Development Company, a unit of Saudi sovereign wealth fund PIF, has announced major progress in the creation of its groundbreaking urban destination in Riyadh. With work in full swing, excavation at the iconic Mukaab and surrounding podium sites has reached 86 per cent completion, with over 10 million cu m of earth moved.
Saudi-based Ladun Investment has announced that it has signed a partnership agreement with Mawten Real Estate Company to develop a mixed-use project in Makkah region at an investment of SR827 million ($220.2 million).
Empire International Motors (EIM), an automotive distributor in Saudi Arabia which was established last year, has introduced Bestune SUVs as tailored mobility solutions for professionals in the construction and other industrial sectors.
Kingdom Holding Company (KHC), a Saudi conglomerate with interests in key sectors such as hotel management, real estate and equity, has announced that Saudi Binladin Group (SBG) will soon resume the construction work on Jeddah Tower being developed as part of the Jeddah Economic City project.
JinkoSolar, a leading PV and ESS supplier, has announced a new milestone in its partnership with Saudi International Power and Water Company (Acwa Power) with the group clinching a supply contract for 3 GW of photovoltaic modules for the Saudi PIF4 project.
Juffali Commercial Vehicles (JCV), a leading provider of logistics solutions in Saudi Arabia, recently held a highly successful Truck Solutions Exhibition in Abha. Attendees at the event from across the Southern Region had the opportunity to explore an impressive selection of pre-owned trucks, trailers, and applications.
