Saudi Focus

Acwa Power, the world's largest private water desalination company, has announced that along with its key partners – Badeel, a Saudi PIF company, and Saudi Aramco Power Company (Sapco) – it has achieved a financial close to develop seven giga-scale projects in Saudi Arabia. With a total investment value of $8.






King Saud University (KSU) has announced that its investment arm Riyadh Valley Company has signed a long-term lease agreement with Diriyah Company, the developer of Saudi Arabia’s premier historical, cultural, and lifestyle destination, for a key project.






Buro Happold, a leading engineering consultancy and design company, has signed a major contract with Expo 2030 Riyadh Company (ERC) to serve as lead design consultant for the detailed masterplan and design of public realm, landscape, infrastructure and utilities for Expo 2030 Riyadh and its legacy.






Group Amana, a regional leader in the design-build of industrial and commercial facilities, said it has achieved a major construction milestone by completing delivery of six management residential buildings within the wider 13-building development at Turtle Bay Village – the residential hub for The Red Sea destination – with zero Lost T






The Events Investment Fund (EIF), launched by HRH Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of Saudi Arabia, under the National Development Fund (NDF), has announced the formation of a strategic joint venture with Legends Global, the world’s leading operator of event and sports venues.






The Saudi Ports Authority (Mawani) has signed an agreement with Arabian Agricultural Services Company (Arasco) to establish a new logistics facility for storage and distribution at an investment of SAR200 million ($53.2 million) at the King Abdulaziz Port in Dammam.






Saudi Arabia’s Ministry of Sports has invited pre-qualification bids from qualified and experienced contracting companies to carry out the main construction works for the King Salman Stadium project in Riyadh.






Saudi Arabia-based Retal Urban Development Company said it has signed an agreement with National Housing Company (NHC) to build a major residential project in the Al Fursan suburb of Riyadh at a total investment of SAR5.2 billion ($1.39 billion).






Saudi Arabia has officially completed the grid connection of its landmark energy storage system (ESS) project with the nameplate capacity of 7.8 GWh. Once fully energised, it will become the world's largest operational battery energy storage system (BESS), marking a major milestone in the advancement of renewable energy in the Middle East.






PACE, a leading multidisciplinary consultancy firm providing architecture, engineering and planning services, has entered into a joint venture with Skidmore, Owings & Merrill (Som) to work on the expansion of the Hajj Terminal at King Abdulaziz International Airport in Jeddah, Saudi Arabia.






Saudi  Water Partnership Company (SWPC) has announced the successful completion of the technical and financial evaluation for  Hadda and Arana Independent Sewage Treatment Plant Projects which will boast a total capacity of 750,000 cu m.






Saudi Arabia-based Alhani Construction & Trading, Saudi Arabia has announced that work is in full swing at the landmark Aramco Stadium project in Al Khobar in the kingdom’s Eastern Province and is on track for timely completion ahead of major upcoming events, including the AFC Asia Cup 2027 and Saudi Arabia FIFA World Cup 2034.






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