JCDC awards US $3.2bn in contracts

Over US $3.2bn in contracts have been awarded by the Jeddah Central Development Company (JCDC) for the construction of three major architectural...

Financial

AESG tracks 46% growth on the back of healthy regional economic climate

AESG has attributed its positive growth in 2023 to the region’s healthy economic climate, noting that the market is creating ‘strong growth...

Construction

Saudi Aramco awards $3.3bn in contracts to JV for construction of new facility in Saudi Arabia

Two contracts worth more than US $3.3bn have been awarded by Saudi Aramco to a joint venture (JV) between Spanish contractor Técnicas...

Construction

Webuild wins US $4.7bn deal to build three dams in Saudi Arabia

A US $4.7bn contract has been awarded to contractor Webuild to build three dams to create a freshwater lake for a ski...

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...

Operations & Maintenance

Alkhorayef wins Makkah and Dammam contracts

Saudi-based Alkhorayef Water and Power Technologies Company has secured contracts worth a total of US $57.2mn from the National Water Company for...

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...

Infrastructure

National Electricity Transmission inks deal with Emaar, The Economic City

Two agreements have been signed by Saudi Electricity Company (SEC) and its subsidiary National Electricity Transmission (NET) with Emaar, The Economic City...

Property

Adel announces new 5.6m sqm Adel District

Saudi-based Adel Real Estate has unveiled the blueprints for its mega project - Adel District - at Dammam in the Kingdom's Eastern...

Technology

Nesma wins $13.3mn for safety systems at Sindalah

NEOM has awarded a contract for the installation of public safety systems within its key development, Sindalah, to Saudi-based Nesma Infrastructure &...