NEOM Green Hydrogen Company has announced that work is moving at a steady pace on its mega plant coming up at Oxagon in Saudi Arabia’s northwestern region with 80 per cent of the work completed across all its sites – the green hydrogen facility, wind garden, solar farm, and transmission grid.

Lamar Holding, a leading developer of large-scale PPP (public-private partnership) projects in the region, has joined hands with  its consortium partner Asyad Group for the ground-breaking of Saudi oil giant Aramco’s prime residential project – Abu Ali Housing – in the kingdom’s Eastern Province.

Saudi Arabia’s sovereign wealth fund Public Investment Fund (PIF) announced the launch of a new company to develop transformative giga-projects and landmark real estate initiatives in preparation for the upcoming Expo 2030 Riyadh.

Port of NEOM, set to become an advanced and sustainable port, has marked a major milestone with the arrival of the first fully automated, remote-controlled ship-to-shore (STS) and electric rubber-tyred gantry (eRTG) cranes in Saudi Arabia — advancing its goal to become a global hub for smart, sustainable trade.

Mohammed Al Habib Real Estate, a leading property development company in Saudi Arabia, has announced that one of its key units – Azure – has launched the landmark Lamara project, a premium community development in Riyadh.

Saudi-based Kidana Development Company, the executive arm of the Royal Commission for Makkah City and Holy Sites, has completed the first phase of its double-storey tent project at Mina in the Makkah province, representing approximately 75 per cent of the total project carried out in partnership with the private sector.

Nemetschek Group, a global leader in software solutions for the architecture, engineering, construction and operations (AEC/O) industry, has signed a memorandum of understanding (MoU) with Nesma Infrastructure & Technology (NIT), a renowned Saudi Arabian infrastructure and technology firm.

IHG Hotels & Resorts, one of the world’s leading hotel companies, has signed a partnership deal with Saudi-based real estate group Koushan for the development of two new hotels – the 330-key Kimpton and 255-room Even – at King Abdullah Sports City (KASC) in Jeddah. The new properties are set to open in 2028.

Sustained Infrastructure Holding Company (Sisco) has announced that its key subsidiary, Red Sea Gateway Terminal (RSGT), has signed 20-year build, operate and transfer (BOT) concession agreements to operate four multi-purpose terminals in the Red Sea.