Saudico-ALEC alliance lands prime KAFD project

A joint venture between Saudico and the fit-out unit of ALEC has secured a major contract from King Abdullah Financial District Development...

Property

Saudi office market reaches a new high in Q3

A new CBRE report shows that Saudi Arabia’s office market performance further improved in the third quarter of 2023, as quality supply...

Construction

SSH partners with KAFD DMC to deliver entertainment and cinemas

SSH will deliver multiple packages comprising architecture, comprehensive multi-disciplinary design, engineering design, and sub-consultancy services, following the signing of a deal with...

Construction

Parsons awarded five-year project and construction management contract to expand KAFD

Parsons says it has won a five-year contract with King Abdullah Financial District Development and Management Company (KAFD DMC) to lead the...

Property

SEDCO to open new office in SOM-designed tower in Riyadh’s KAFD

Saudi-based investment company, SEDCO Holding, has announced plans to open a new office in the King Abdullah Financial District (KAFD) in Riyadh....

Property

KAFD inks strategic deal with hospitality group to develop F&B offerings

King Abdullah Financial District (KAFD) has announced a strategic partnership with hospitality group MJS Holdings (MJS). As per the terms of the...

Construction

PIF says construction contracts in excess of $2.1bn have been awarded

Construction works contracts in excess of $2.1bn have been awarded for the King Abdullah Financial District (KAFD) by Saudi Arabia’s Public Investment...