Roshn launches new 2,500 home residential project, Aldanah

Saudi-PIF owned Roshn Group has launched its sixth integrated community in the Kingdom. Aldanah covers 1.7m sqm and will add more than...

Construction

Parsons to lead development of Soudah Peaks

Soudah Development has signed a contract with Parsons Corporation to provide project management consultancy services for the development of Soudah Peaks. The...

Construction

QIC unveils Prince Mohammed bin Salman Stadium

The Qiddiya Investment Company (QIC) has launched the Prince Mohammed bin Salman Stadium, which aims to further enhance Qiddiya’s philosophy of the...

Construction

Rua Al Madinah Holding signs contracts worth US $187mn

US $187mn in contracts have been signed by Rua Al Madinah Holding, as part of its efforts to enhance local content, support...

Construction

Boutique Group appoints firms to create luxury hotel in Riyadh

Saudi Arabia's PIF has announced that its hospitality unit, Boutique Group, has appointed the lead architect and interior designer for a landmark...

Financial

Moody’s affirms A1 issuer rating for PIF

Moody's Investors Service has maintained the long- and short-term issuer ratings of Saudi Real Estate Refinance Company (SRC) at 'A2/P-1' and changed...

Financial

PIF invests $1.3bn in Saudi construction firms

Saudi sovereign wealth fund PIF (Public Investment Fund) has announced investments worth US $1.3bn in four leading local construction companies, via subscribing...

Financial