- 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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- January 14, 2025
Kuwait's Public Authority for Housing Welfare (PAHW) awarded an infrastructure contract worth KWD 89.6 million ..Read More
Kuwait's Public Authority for Housing Welfare (PAHW) awarded an infrastructure contract worth KWD 89.6 million (USD 290.3 million) for the South Saad Al-Abdullah residential project to Kuwait Company for Process Plant Construction & Contracting (KCPC). The project involves constructing, completing, and maintaining infrastructure works for several residential suburbs, including irrigation tank buildings and substations. The contract is yet to be signed by PAHW.
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- January 14, 2025
Kuwait's Public Authority for Housing Welfare (PAHW) awarded two infrastructure contracts worth KWD 172.1 mill ..Read More
Kuwait's Public Authority for Housing Welfare (PAHW) awarded two infrastructure contracts worth KWD 172.1 million (USD 557.5 million) to China Gezhouba Group Co. Ltd. for the South Saad Al-Abdullah residential project. The scope includes constructing, completing, and maintaining infrastructure works across multiple residential suburbs, as well as irrigation tank buildings and substations. The contracts are yet to be signed by PAHW.
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- January 09, 2025
Retal Urban Development Company, Saudi Arabia, signed a SAR 374 million contract with its subsidiary, Building ..Read More
Retal Urban Development Company, Saudi Arabia, signed a SAR 374 million contract with its subsidiary, Building Construction Company, to construct 285 residential units in Murcia zone, Khozam suburb, Riyadh. The project will span 30 months from the contract's effective date.
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- January 09, 2025
Diriyah Company awarded a $113.6 million (SAR 426.3 million) architecture and design contract to Omrania, part ..Read More
Diriyah Company awarded a $113.6 million (SAR 426.3 million) architecture and design contract to Omrania, part of the Egis group, for designing buildings in three community areas within Diriyah’s Boulevard District. Omrania will deliver concept to construction supervision, contributing to the $63.2 billion Diriyah project. This aligns with Diriyah’s broader development strategy, including other significant contracts for cultural and luxury projects.
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