- January 20, 2025

Al Madinah Regional Municipality, in collaboration with the Ministry of Municipalities and Housing and the Nat ..Read More
Al Madinah Regional Municipality, in collaboration with the Ministry of Municipalities and Housing and the National Center for Privatization & PPP, has launched the EOI and RFQ phase for the development of a 30,112-square-meter mixed-use site in Dhul Hulaifah. Located 6 km from Al Masjid an-Nabawi, the project will include a 4-star hotel, retail, and healthcare facilities, developed under a Public-Private Partnership (PPP) model. The private sector will handle design, construction, and operation for 30 years under a Build-Own-Operate-Transfer (BOOT) contract.
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- January 20, 2025

Al Madinah Regional Municipality, along with the Ministry of Municipalities and Housing and the National Cente ..Read More
Al Madinah Regional Municipality, along with the Ministry of Municipalities and Housing and the National Center for Privatization & PPP, has launched the Expression of Interest (EOI) and Request for Qualification (RFQ) phase for the development of an 84,657-square-meter government-owned site in Sikkah Al Hadid. The project, to be executed through a Public-Private Partnership (PPP), will include a shopping mall, retail stores, a four-story healthcare facility with 200 inpatient beds, outpatient clinics, and entertainment spaces. The private sector will handle the design, construction, operation, and maintenance under a Build-Own-Operate-Transfer (BOOT) contract for 30 years.
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- January 20, 2025

Meydan, part of Dubai Holding Real Estate, has awarded a contract worth over AED 1 billion to Ginco General Co ..Read More
Meydan, part of Dubai Holding Real Estate, has awarded a contract worth over AED 1 billion to Ginco General Contracting LLC for Phase Two of District One West in Mohammed Bin Rashid Al Maktoum City. The project includes luxury waterfront villas and infrastructure, with completion expected in Q1 2028. This development aims to redefine premium living, reinforcing Dubai’s reputation for high-end residential projects.
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- January 20, 2025

Red Sea International’s subsidiary, The Fundamental Installation for Electric Work Co. Ltd., has signed a SA ..Read More
Red Sea International’s subsidiary, The Fundamental Installation for Electric Work Co. Ltd., has signed a SAR 265.9 million contract with ALEC Saudi Arabia for MEP works at the “iLMi” Science Discovery and Innovation Center in Riyadh. The project includes deep utilities, PV systems, museum exhibits, and more, spanning nine levels with exhibition galleries, an amphitheater, and offices. The contract duration is 636 days.
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- January 20, 2025

Kingdom Holding Company has restarted concrete pouring for Jeddah Tower, set to be the world’s tallest build ..Read More
Kingdom Holding Company has restarted concrete pouring for Jeddah Tower, set to be the world’s tallest building at over 1,000 meters. Managed by Jeddah Economic Company with renowned architects and engineers, the tower will feature luxury residences, commercial spaces, a Four Seasons hotel, and an observation deck. In October 2024, a $1.92 billion contract was awarded to Saudi Binladin Group to resume construction.
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- January 19, 2025

Dubai’s Roads and Transport Authority (RTA) has awarded a AED 1.5 billion contract for the Al Fay Street Dev ..Read More
Dubai’s Roads and Transport Authority (RTA) has awarded a AED 1.5 billion contract for the Al Fay Street Development Project, enhancing connectivity between Sheikh Mohammed bin Zayed Road and Emirates Road. The project includes five key intersections, 13,500 metres of bridges, and 12,900 metres of roads, increasing capacity to 64,400 vehicles per hour. It will improve traffic flow for major residential and developmental areas, benefiting around 600,000 people.
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- January 16, 2025

Saudi Arabian Mining Company (Ma’aden) has signed multiple contracts for the development of its third phosph ..Read More
Saudi Arabian Mining Company (Ma’aden) has signed multiple contracts for the development of its third phosphate fertilizer manufacturing project. Key contracts include a $325 million deal with China National Chemical Engineering for construction at Ras Al Khair, a $363 million contract with Sinopec Nanjing for Wa’ad Al Shamal (SAP/PAP & OSBL), and a $234 million contract with Tekfen for Wa’ad Al Shamal (Beneficiation). The project, announced in 2016, aims to add 3 million tonnes per year of production capacity at an estimated cost of 24 billion SAR.
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- January 15, 2025

Sinopec has signed a contract with the Eastern Province Municipality in Saudi Arabia to construct a new bridge ..Read More
Sinopec has signed a contract with the Eastern Province Municipality in Saudi Arabia to construct a new bridge at the intersection of Jubail-Dhahran Highway and King Abdul Aziz Road in Dammam. The 775-meter-long, 34.5-meter-wide bridge will feature two parallel decks for bi-directional traffic. Upon completion, it will enhance traffic efficiency and improve convenience for the local community.
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