Construction & Real Estate

Hassan Allam-AlBawani JV lands $490m Saudi museum contract

Hassan Allam Holding and AlBawani Holding have announced that their joint venture has been awarded a SAR1.84 billion ($490 million) to construct the Saudi Arabia Museum of Contemporary Art (SAMoCA), one of the most prominent cultural and iconic projects within the Diriyah development plan. ...

Construction & Real Estate

Aedas secures design contract for 100-key Capella Diriyah hotel project

Aedas, a leading global architecture and design practice, has secured the design and project architecture contract for a 100-key hotel project - Capella Diriyah by Aedas - coming up over a 14,168 sq m area within the Northern District of the giga Diriyah development in Saudi Arabia. ...

Construction & Real Estate

Ashoka Buildcon–BEC Arabia JV lands Diriyah hotel project contract

Indian infrastructure group Ashoka Buildcon said its joint venture with Saudi-based BEC Arabia Contracting has secured the main construction works contract for a hotel project within Saudi Arabia's giga development - Diriyah, The City of Earth, coming up near Riyadh. ...

Construction & Real Estate

Diriyah Company unveils new residential project; awards $1.5bn contracts

Diriyah Company launched 239 premium homes in the new Manazel AlHadawi residential area in Diriyah, alongside announcing major contract awards worth $1.5 billion (SAR5.7 billion), at the Cityscape Global which opened on Monday in Riyadh....

Construction & Real Estate

Parsons wins Diriyah Phase II design and construction supervision contract

Parsons Corp has secured a key design and construction supervision contract from Diriyah Company for Phase II of its mega project in Riyadh. The scope of work includes the delivery of a series of neighbourhood parks and over 55km of streetscape....

Construction & Real Estate

Saudi giga projects contract awards grow by 20% to $196bn: Knight Frank

The value of Saudi Giga projects contract awards has risen sharply to $196 billion this year, up 20% from 2024, underscoring the pace at which projects are moving into execution phase, said a Knight Frank report....