The Royal Commission for Riyadh City (RCRC), in partnership with the National Center for ‎Privatization & PPP and Qiddiya Investment Company, has announced the start of the ‎registration phase for companies interested in bidding for the construction of the Qiddiya ‎High-Speed Rail Project.

Leading Indian construction and engineering conglomerate Larsen & Toubro (L&T) has completed the EPC work related to a key section of the third phase of Saudi Aramco’s Master Gas System Expansion (MGS) Package 8 pipeline project in Saudi Arabia.

NEOM Green Hydrogen Company (NGHC) has reached a major milestone, with more than 80 per cent construction completion of the world’s largest green hydrogen plant. The plant is a first mover in action and the blueprint for low-cost green hydrogen at scale.

LG Electronics has joined hands with Saudi HVAC major Shaker and Datavolt, a global data infrastructure provider, to deploy state-of-the-art cooling solutions at the artificial intelligence data centre within Oxagon, the reimagined industrial city on the Red Sea within Saudi Arabia’s futuristic city NEOM.

ROSHN Group, Saudi Arabia’s leading multi-asset class developer and a Public Investment Fund (PIF) company, has announced a new offering of homes for sale within ALAROUS community in northern Jeddah. The new homes are located near the upcoming 11.

Power and Water Utility Company for Jubail and Yanbu (Marafiq) has announced the signing of a 30-year concession agreement with Saudi Aramco Total Refining and Petrochemical Company (Satorp) to develop, operate and maintain an advanced Industrial Wastewater Treatment Plant (IWWTP) for the Amiral Facility, currently under construction in Jubail

Despite challenges such as labour shortages, rising material costs, and long procurement lead times, Saudi Arabia’s construction sector is showing resilience and initiatives to localise supply chains, upskill the workforce and encourage modern methods of construction, a report said.

King Salman International Airport Development Company (KSIADC), a Saudi Arabia Public Investment Fund (PIF) company, has signed a memorandum of understanding (MoU) with the Riyadh Infrastructure Projects Centre (RIPC) to enhance collaboration in infrastructure and project development of King Salman International Airport.

Saudi Power Procurement Company – SPCC (Principal Buyer) has issued a request for qualification (RFQs) for the seventh round of its National Renewable Energy Programme (NREP), which includes six solar and wind projects with a total capacity of 5.3 GW, further advancing the country’s transition toward clean energy.

Abu Dhabi National Energy Company (Taqa), together with Japan’s largest power generation company Jera and AlBawani Capital (AlBawani), a subsidiary of leading Saudi contracting and development group AlBawani Holding, have announced the successful financial closing of two greenfield power plants in Saudi Arabia.

The Renewables (RENU) vertical of Larsen & Toubro (L&T) has signed a memorandum of understanding (MoU) with ACWA Power for the renewables and grid scope of the pioneering Yanbu Green Ammonia Project.

Saudi Arabia has introduced sweeping new regulations for Riyadh’s rental market, freezing rent increases for both residential and commercial properties for the next five years in a bid to stabilise housing costs and ensure fairness between landlords and tenants, reported Saudi Gazette.