Diriyah Company has announced the launch of its Media and Innovation District in the historic birth place of Saudi Arabia. Spanning 250,000 sq m of office GFA, the district will feature 450 residential units as well as 15,000 sq m retail space with a mix of dining options.
Saudi real estate developer Osus said it has joined hands with global hospitality major Hilton for the launch of a 250-key hotel as well as a premium residential tower, featuring 176 apartments within its flagship project, ‘Osus Eye’ in Riyadh.
A consortium comprising South Korea’s Doosan Enerability and power engineering company Sepco3 has secured a major contract worth 2.2 trillion won ($1.52 billion) to build two combined cycle power plants in Saudi Arabia – Rumah 1 and Nairyah 1 – with a total capacity of 3,600 MW.
Saudi-based Retal Urban Development Company has announced that one of its key ventures Remal Al Khobar Real Estate Company has awarded a construction contract worth SAR450 million ($120 million) for its Retal Rise and Nobu Hotel projects in Al Khobar City.
DP World has announced that it has joined forces with Saudi Ports Authority (Mawani) for the launch of the new South Container Terminal at Jeddah Islamic Port, thus marking a major milestone in its SAR3 billion ($800 million) expansion and development programme to upgrade the terminal.
The Water & Effluent Treatment (WET) business of Indian multinational enterprise Larsen & Toubro (L&T) has signed a contract with Acwa Power, a major developer in the Middle East, to build the Ras Mohaisen Desalination plant in Saudi Arabia.
Piling is nearing completion at Module 46 (M46) of The Line at NEOM, the ambitious linear city being built in northwestern Saudi Arabia, according Giles Pendleton, Chief Operating Officer of The Line.
SAL Saudi Logistics Services Company has announced that it has signed an agreement with Sela Company to launch a new logistics zone at an investment of SAR4 billion ($1.1 billion) within the Falcons City project, north of Riyadh. Spanning a 1.
Saudi Water Partnership Company (SWPC) has signed agreements worth SAR8.5 billion ($2.3 billion) with a consortium of Saudi utility developers for the implementation of Jubail-Buraydah Independent Water Transmission Pipeline (IWTP) project in Al Qassim province.
HRH Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, has officially launched the Saudi Architecture Characters Map, featuring 19 distinct architectural styles inspired by the kingdom’s diverse geographical and cultural characteristics.
South Korea’s Doosan Enerbility (formerly Doosan Heavy Industries) has announced that it has secured a construction contract worth $611 million from the Saudi Electricity Company (SEC) for the PP12 combined cycle power plant coming up in a strategic location 150 km northwest of Riyadh.
