PIF and JLL announce agreement for JLL to invest in FMTECH

The Public Investment Fund (PIF) and JLL have announced that JLL is acquiring a substantial stake in the Saudi Facility Management Company...

Infrastructure

Cognita Middle East and ROSHN Group sign MoU for educational facility development in Saudi Arabia

Cognita Middle East has entered into a Memorandum of Understanding (MoU) with ROSHN Group; the strategic partnership aims to collaborate on the...

Construction

Diriyah Company awards $244mn contract for Grand Mosque in Diriyah’s Second Phase

Diriyah Company has entered into a joint venture contract worth US $244mn with Al-Majal El-Arabi Group and MAN Enterprise AlSaudia. This partnership...

Operations & Maintenance

Musanadah becomes PIF’s inaugural partner on azm Program for Saudi nationals

Musanadah Facilities Management has been announced as an inaugural partner of the Public Investment Fund’s (PIF) azm Program, an initiative designed to...

Industry News

PIF launches Expo 2030 Riyadh Company

Saudi Arabia's PIF has announced the creation of the Expo 2030 Riyadh Company (ERC) to oversee the construction and management of the...

Construction

CHEC begins operations at modular facility in KSA

China Harbour Engineering Company (CHEC) has begun operations at its modular building factory for the Sedra housing project, which is being developed...

Property

MERED eyes expansion into Saudi real estate market

Developer MERED has set its sights on real estate investments in Saudi Arabia. The move is said to align with the country’s...

Construction

Rapid progress at Roshn’s Sedra development

Roshn Group is making significant strides with its raft of high-profile projects in the capital, including Sedra, its flagship integrated community, and...