Ohana Development has partnered with luxury brand Jacob & Co. to launch "Jacob & Co. Beachfront Living by Ohan ..Read More

Ohana Development has partnered with luxury brand Jacob & Co. to launch "Jacob & Co. Beachfront Living by Ohana," a luxury beachfront project in Abu Dhabi. Featuring villas, apartments, and mansions with stunning sea views and resort-style amenities, the development includes unique offerings like the Jacob & Co. Beach Club and Seafront Cigar Lounge. Completion is slated for Q2 2028, with the official launch in Q1 2025.
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Dar Global and the Trump Organization have announced Trump Tower Jeddah, a SAR 2 billion, 47-floor luxury resi ..Read More

Dar Global and the Trump Organization have announced Trump Tower Jeddah, a SAR 2 billion, 47-floor luxury residential tower along Jeddah's Corniche. Featuring the Kingdom's first exclusive Trump Club, the tower offers elite residences, world-class facilities, and breathtaking Red Sea views. This project marks the third collaboration between the two entities, showcasing a commitment to ultra-luxury and modern urban living in the Middle East.
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Diriyah Company has awarded a SAR 758.5 million contract to China Harbour Engineering Company for bulk excavat ..Read More

Diriyah Company has awarded a SAR 758.5 million contract to China Harbour Engineering Company for bulk excavation works in the second phase of the Diriyah project, covering 6.3 square kilometers. This phase will lay the foundation for major cultural assets, including the Royal Diriyah Opera House and Diriyah Arena, aligning with Saudi Vision 2030. The project will incorporate sustainability practices, including repurposing excavation materials for other uses. This contract follows several other significant awards for the Diriyah development.
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Riyadh Development Company (ARDCO), in partnership with the Sports Boulevard Company and Turkish FTG Developme ..Read More

Riyadh Development Company (ARDCO), in partnership with the Sports Boulevard Company and Turkish FTG Development Company, has signed an agreement to establish a real estate investment fund valued at over SAR 3.5 billion. The fund will develop a mixed-use project in the URBAN WADI area of the Sports Boulevard in Riyadh, covering 39,759 square meters with over 207,000 square meters of built-up space. The project is set to redefine Riyadh's skyline and will be developed over a seven-year period.
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Retal Urban Development Company has signed a SAR 349 million contract with its subsidiary, Building Constructi ..Read More

Retal Urban Development Company has signed a SAR 349 million contract with its subsidiary, Building Construction Company, to construct 502 residential units in Riyadh's Al-Fursan district over 30 months. Aiming to enhance quality of life through innovative urban projects, Retal, a subsidiary of Alfozan Holding, has been a prominent developer in Saudi Arabia since 2012.
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Dan Company has signed a contract with Abdulmohsen Al-Tamimi Contracting Company to develop its flagship resor ..Read More

Dan Company has signed a contract with Abdulmohsen Al-Tamimi Contracting Company to develop its flagship resort in Al-Ahsa under the "Tuaja Luxury Resorts" brand. The 1.8 million square meter resort will offer three distinct experiences: luxury, eco-friendly, and adventure resorts, featuring 201 accommodations and a range of facilities. The project focuses on sustainability, community empowerment, and environmental conservation, aligning with Saudi Vision 2030 and enhancing Al-Ahsa’s tourism appeal.
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The Saudi Civil Aviation Holding Company (MATARAT) has issued a Request for Proposal (RFP) for the privatizati ..Read More

The Saudi Civil Aviation Holding Company (MATARAT) has issued a Request for Proposal (RFP) for the privatization of the New Abha International Airport to pre-qualified bidders. The airport, designed to reflect the Aseer region's heritage, aims to accommodate up to 10 million passengers annually by 2030, with a capacity of 13 million by 2054. Pre-qualified bidders include consortia such as Mada TAV, VI Asyada daa, GMR, and Touwaik Alliance. Construction, set for completion by 2028, will be executed in phases to ensure smooth progress.
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Modon and EMSTEEL Group have signed a strategic alliance to make Modon the first real estate developer in the ..Read More

Modon and EMSTEEL Group have signed a strategic alliance to make Modon the first real estate developer in the UAE to use low-carbon steel in construction. This partnership supports the UAE's Net-Zero 2050 strategy by incorporating green steel produced with renewable hydrogen, marking a significant step towards sustainable construction practices. The initiative aligns with the UAE's green targets and aims to decarbonize the construction industry.
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