General Hotel Management to manage Trojena resort

Neom has signed a strategic agreement with General Hotel Management (GHM), the international hotel and resort developer, to manage The Chedi Trojena,...

Construction

US $6.7bn in contracts awarded in Saudi Arabia in Q3 says US-Saudi Business Council

The US-Saudi Business Council (USSBC) has revealed that the total value of awarded contracts across Saudi Arabia for Q3 of 2022 reached...

Property

GCC real estate market to see $1bn in investments in five years from Investcorp

Alternative investment firm Investcorp plans to invest up to $1bn in the GCC real estate market over the next five years, the...

Industry News

Saudi construction segment remains strongest in MENA says JLL

As per JLL’s Q4 2022 KSA Construction Market Intelligence Report, Saudi Arabia’s construction industry continues to lead the MENA region despite macroeconomic...

Construction

PIF subsidiary SEVEN to invest $13.3bn into 21 integrated entertainment destinations in KSA

Saudi Entertainment Ventures (SEVEN) has unveiled plans to invest US $13.3bn into the development of 21 integrated entertainment destinations. The projects are...

Diversity & Inclusion

Engie and HIWPT launch desalination training program exclusively for Saudi women

Low-carbon energy company Engie has inked an agreement with the Higher Institute for Water and Power Technologies (HIWPT) to launch a training...

Industry News

Construction Intel Summit – KSA shines a light on construction progress and issues in the Kingdom

The first Construction Intel Summit – KSA to be held live in Riyadh (third overall in the event's history) concluded yesterday, on...

Construction

Red Sea Global, Diriyah Gate Development Authority and several others to present at Construction Intel Summit KSA

Several key construction stakeholders responsible for transforming Saudi Arabia in line with Saudi Vision 2030 have confirmed their participation at Big Project...

Construction

Red Sea Global appoints Reem Emirates Saudi for façade works on RSI Airport

Developer Red Sea Global (RSG) has appointed Reem Emirates Saudi to build the façade and roof shell of the Red Sea International...

Infrastructure

India’s L&T wins multiple EPC orders worth up to $303mn in KSA

India-based Larsen & Toubro (L&T) has announced that its Power Transmission and Distribution business has secured multiple EPC orders in the current...