Construction & Real Estate

Top global investors, developers head to Riyadh for debut Mipim Mideast event

Global investors, developers, policymakers and city leaders will be in Riyadh this month for the debut edition of Mipim Middle East where they will explore the trends, policies and investment opportunities shaping the future of cities, focusing on capital deployment, urban and sustainable development strategies. ...

Construction & Real Estate

Cenomi Centers seals leasing deal with Saudi PIF unit for Madinah Downtown mall

Arabian Centers Company (Cenomi Centers), a leading Saudi developer of lifestyle destinations, has signed a deal with Saudi Downtown Company, a Public Investment Fund (PIF) company, for the leasing and operation of a premium mall within the Al Madinah Downtown project for 25 years. ...

Construction & Real Estate

Cenomi Centers boosts funding for landmark Riyadh lifestyle project

Saudi-based Cenomi Centers has announced that the developer of its Westfield Riyadh project had secured SAR2.7 billion ($720 million) in finance from Riyad Bank which it will use to fund the lifestyle development's remaining construction costs, including a VIP lounge, a luxury retail wing and tenant fit-out support....

Construction & Real Estate

Cenomi Centers awards $342m Saudi boulevard project contract

Arabian Centers Company (Cenomi Centers), a leading Saudi developer of lifestyle destinations, has awarded a design and build contract worth SAR1.3 billion ($342 million) to Lynx Contracting Company for the development of its premium mixed-use boulevard project in the Eastern Province of Al Khobar. ...