Wednesday, November 11, 2026
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Tag: Saudi Arabia

Construction & Real Estate

Saudi Arabia and Türkiye to cooperate in electricity projects

Saudi Arabia and Türkiye have signed a memorandum of understanding (MoU) to strengthen cooperation in electricity projects, in the presence of Turkish President Recep Tayyip Erdoğan. The agreement was signed on the sidelines of COP31 in Antalya by the two countries’ energy ministers....

Construction & Real Estate

Reportage boosts Riyadh residential pipeline with $299m investment

Leading developer Reportage Saudi Arabia is further strengthening its presence in Riyadh with investments totalling SAR1.1 billion ($299.4 million), as the company continues to expand its residential portfolio, led by Najd 6 and Najd 7 in the Al Arid district of Riyadh, alongside ongoing projects development. ...

Construction & Real Estate

Interior designer Laura Hammett enters Mideast with new Dubai studio

Laura Hammett, a leading interior architecture and design studio based in London, has announced the expansion of its practice with the launch of a new studio in Dubai, thus boosting its presence across the UAE. Alongside this, the luxury designer also unveiled its new brand identity: Laura Hammett Studio. ...

Construction & Real Estate

Sico Capital appoints Alzunaytan as Head of Real Estate

Sico Capital, a leading provider of asset management, brokerage, investment banking, and fund services in Riyadh and licensed by the Saudi Capital Market Authority, has appointed Abdulrhman Alzunaytan as Head of Real Estate, effective October 27, 2026....

Construction & Real Estate

Saudi Arabia’s landmark Jeddah Tower approaches 500m mark

Jeddah Tower, Saudi Arabia’s landmark mixed-use tower, has achieved a major construction milestone reaching level 120 (approximately 482m) as it advances towards becoming the tallest building in the world. Work is in full swing with over 322,000 cu m of concrete poured and more than 3,900 facade panels installed. ...

Construction & Real Estate

Saur Saudi achieves safety milestone across Eastern Cluster water operations

Saur Group, a global pure-play water services company, has achieved a major health and safety milestone in Saudi Arabia, recording 30 million safe man-hours under its operations and maintenance (O&M) contract with the National Water Company (NWC) across the Eastern Cluster. ...

Construction & Real Estate

Worley wins Petro Rabigh engineering services contract in Saudi Arabia

Worley, a global engineering, project delivery, and professional services company, has been selected by Petro Rabigh to provide engineering and project management services for future refining and petrochemicals projects at the company’s integrated complex in Rabigh, Saudi Arabia....

Construction & Real Estate

Port of NEOM, Ceva Almajdouie to develop multimodal logistics corridor

Port of NEOM, a strategic deep-water maritime and logistics hub located at Oxagon within the mega Saudi futuristic city, haas signed an agreement with Ceva Almajdouie Logistics to explore integrated logistics solutions linking Europe, Egypt, Saudi Arabia, the GCC and Iraq through an emerging multimodal trade corridor....

Construction & Real Estate

Saudi Arabia approves 19 hospitality projects worth $1.8bn

Saudi Arabia has approved the first batch of 19 hospitality projects expected to attract SAR6.7 billion ($1.8 billion) in investment and create more than 17,000 jobs across five high-potential tourism destinations, as the Kingdom seeks to expand its tourism infrastructure ahead of major international events....

Construction & Real Estate

Aluminium Arabia postponed to April 2027

Aluminium Arabia, a premier platform for the aluminium and metals industry, which was scheduled to be held on November 11, has now been postponed to April next year. The event is expected to facilitate B2B engagement, enabling partnerships, technology transfer and the development of advanced manufacturing clusters. ...

Construction & Real Estate

Saudi Arabia accelerates housing, rail and metro expansion

Saudi Arabia is accelerating its housing, transport and urban development programmes, with more than 63,000 Saudi families becoming first-time homeowners in the first half of 2026 and Riyadh advancing a wide range of infrastructure projects aimed at improving mobility, expanding residential options and supporting the capital’s long-term growth....

Construction & Real Estate

Saudi NWC completes key sewer system projects in Al Baha region

Saudi Arabia's National Water Company (NWC) said it has completed a range of sewer systems in the Al Baha region as part of its infrastructure development projects. These include the construction of a tertiary wastewater treatment plant using bio-membrane technology as well as laying of 46km-long sewage networks....

Construction & Real Estate

Ajdan unveils $1.5bn Khobar Pier to boost Saudi coastal tourism

Ajdan Real Estate Development Company has unveiled its SAR5.6 billion ($1.5 billion) Khobar Pier project, a major coastal destination in Saudi Arabia's Eastern Province. The 671,000-sq-m development will feature 690 hotel rooms, 689 residences and 33,000 sq m of retail space along an 850-m waterfront....

Construction & Real Estate

Saudi construction activity grows for fifth month as new orders rise

Saudi Arabia’s construction activity expanded for a fifth consecutive month in September, although the pace of growth eased from August, according to a report. The activity increased across the key sectors of residential, non-residential structures and infrastructure supported by new orders. ...

Construction & Real Estate

New fund to invest $267m in Saudi workforce housing

Mnzil, Saudi Arabia’s first and leading tech-enabled workforce housing platform, The Development Group (TDG) and Capital Partners have launched a real estate fund to invest SAR1 billion ($267 million) in developing purpose-built compounds housing up to 50,000 workers across the Kingdom. ...

Construction & Real Estate

L&T secures power transmission orders across Saudi Arabia, UAE, India

Larsen & Toubro’s (L&T) Power Transmission & Distribution business has secured multiple EPC orders across Saudi Arabia, the UAE and India. Projects include 380 kV transmission and substations in Saudi Arabia, 132/11 kV substations in the UAE, and transmission lines and substations in Visakhapatnam, India....

Construction & Real Estate

Alwasail Industrial secures supply contract for Riyadh Sports Boulevard

Saudi Arabia’s Alwasail Industrial Company has announced that it has secured a key contract from Saudi group Almabani to supply materials for the Sports Boulevard project in Riyadh. The entire contract work will be completed within a one-year period starting from the date of supply. ...

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