Al Majdiah signs contract with Emarna Contracting for residential project in Riyadh

Al Majdiah has signed a contract worth US $20.48mn with Emarna Contracting Company to develop a new residential development in Riyadh’s Al‑Nada...

Construction

First Avenue signs Jadwa Al Shorfa for mixed-use project in Riyadh

First Avenue has awarded a contract to Jadwa Al Shorfa Real Estate Fund for a mixed-use project in Riyadh, featuring a mix...

Property

CBRE Middle East releases Q4 2025 Saudi Arabia Real Estate Market Review

CBRE Middle East has released its Q4 2025 Saudi Arabia Real Estate Market Review, which showcases a substantial shift in the Kingdom’s...

Industry News

JLL appoints Mouhammad Takieddin as new Regional Head and CEO for MEA

JLL has appointed Mouhammad Takieddin as its new Regional Head and CEO for the Middle East and Africa (MEA) region. This appointment...

Construction

Development of the Mukaab suspended

Construction of the Mukaab mega project, which was destined to be the centre of the New Murabba mixed-use development in Riyadh, Saudi...

Property

JLL appointed as sole exclusive leasing agent for Capital Avenue in Riyadh

JLL has been appointed as the sole exclusive leasing agent for Capital Avenue in Riyadh. Developed by First Avenue Real Estate Development,...

Sustainability

Chalhoub Group and Yellow Door Energy sign solar lease

The Chalhoub Group and Yellow Door Energy have entered into a solar lease agreement, which aims to bring clean electricity to Chalhoub...

Operations & Maintenance

KAFD DMC partners with Hilton for new hotel in KAFD

The King Abdullah Financial District Development and Management Company (KAFD DMC) has entered into a Hotel Management Agreement (HMA) with Hilton to...

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...