Red Sea acquires land in Madinah for mixed-use project

Saudi Arabia's Red Sea International Company has acquired a prime plot of land in Madinah, allowing a 50-year lease agreement with the...

Construction

Cenomi Centers awards $342mn D&B contract to Lynx Contracting Company

Saudi developer Arabian Centers Company (Cenomi Centers) has awarded a design and build contract worth US $342mn to Lynx Contracting Company for...

Property

Blacksand and Marriott ink deal to develop 10 hotels across KSA

Blacksand has announced an agreement with Marriott International to develop 10 hotels in KSA over the next 4- years. The multi-brand deal...

Financial

NEOM set to draw global investments in Saudi Arabia

NEOM has said that it is set set to draw global investments in Saudi Arabia as it continues to drive the diversification of...

Construction

AMANA supports Red Sea Global development with 1,404 modular concrete studios

With the delivery of Red Sea Global’s AMAALA Staff Village, AMANA says it has set a new benchmark in offsite construction. The...

Construction

Hassan Allam JV inks contract for Waldorf Astoria super block

Hassan Allam Holding has announced that one of its key subsidiaries has secured a major contract from Diriyah Company for the development...

Construction

RSI subsidiary lands major MEP deal in Diriyah City

Red Sea International Company (RSI) has announced that its subsidiary, The Fundamental Installation for Electric Work (TFIEW), has secured a subcontract from...

Construction

Havelock One selected as fit-out contractor for The Avenues – Khobar

Havelock One has been chosen as the front-of-house fit-out contractor for The Avenues - Khobar, a mixed-use development coming up on a...

Energy

Saudi awards LPG development licences to top energy players

The Saudi Ministry of Energy has announced that it has awarded 8 licences to major energy industry players for the setting up...

Property

Taiba and Osool partner to develop 3 hotels in Madinah

Taiba Investment Company has signed a final partnership agreement with Osool Integrated Real Estate Company to develop, refurbish and operate 3 hotels...