Aramco has appointed Ayesa to provide Project Management Consultancy (PMC) services for the construction of th ..Read More

Aramco has appointed Ayesa to provide Project Management Consultancy (PMC) services for the construction of the Aramco Stadium in Al Khobar, Saudi Arabia, set for completion in 2026. Spanning 800,000 m², the stadium will feature sports and entertainment facilities, retail zones, and a capacity for 47,000 spectators, serving as a venue for the 2027 Asian Football Confederation Cup. Ayesa brings expertise from projects like the Santiago Bernabéu Stadium and aims to support Saudi Vision 2030 with innovative, sustainable, and community-focused solutions.
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• Construction

Diriyah Company has opened Bab Samhan, a luxury hotel by Marriott International, marking a significant milesto ..Read More

Diriyah Company has opened Bab Samhan, a luxury hotel by Marriott International, marking a significant milestone in the development of Diriyah, Saudi Arabia. The hotel offers 134 rooms and 23 suites, reflecting Najdi architectural design and cultural heritage. Located near the UNESCO World Heritage Site of At-Turaif, it features luxury amenities including a spa, fitness center, and Michelin-starred dining. This opening is part of a broader plan for over 40 hotels in Diriyah, aiming to become a world-class cultural destination.
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• Tourism

NEOM has partnered with Samsung C&T Corporation in a joint venture to invest over SAR 1.3 billion in construct ..Read More

NEOM has partnered with Samsung C&T Corporation in a joint venture to invest over SAR 1.3 billion in construction robotics, focusing on automating rebar cage assembly through advanced robotic welding and tying techniques. This technology aims to reduce manual labor by up to 80%, enhance safety and quality, and cut assembly costs by 40%. The project will create over 2,000 skilled jobs and support the construction of major developments like THE LINE in NEOM, aligning with Saudi Arabia's vision to lead in advanced industries and sustainable construction practices.
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• NEOM

ASX E-Mobility, through its E-FILL app, has introduced Saudi Arabia's first official EV charging tariff at 0.9 ..Read More

ASX E-Mobility, through its E-FILL app, has introduced Saudi Arabia's first official EV charging tariff at 0.99 halalas per kWh, effective January 2025, promoting transparency and affordability in line with Vision 2030. The app allows users to view costs, locate charging stations, and track charging in real-time, enhancing convenience. Currently offering free charging, ASX aims to foster sustainable mobility with a widespread network and strategic partnerships.
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• Power

Saudi Entertainment Ventures (SEVEN), part of the Public Investment Fund (PIF), is investing SAR 1.3 billion t ..Read More

Saudi Entertainment Ventures (SEVEN), part of the Public Investment Fund (PIF), is investing SAR 1.3 billion to develop a new entertainment destination in Jazan, designed by Gensler and built by Alfanar Projects. Spanning 73,000 m², the project will feature an indoor golf course, cinema complex, thrill rides, electric karting, an adventure center, dining, and retail options, reflecting Jazan’s natural beauty and cultural heritage. It is part of SEVEN's broader plan to create 21 entertainment destinations across 14 cities in Saudi Arabia.
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• Construction

Bawan announced that its subsidiary, Petronash Arabia, secured an SAR 832 million contract with Saudi Aramco t ..Read More

Bawan announced that its subsidiary, Petronash Arabia, secured an SAR 832 million contract with Saudi Aramco to supply special products for gas wells. This is the third purchase order under a long-term agreement, with deliveries scheduled from October 2025 to August 2026.
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• Oil & Gas

Shandong Electric Power Construction (SEPCO) has been awarded the contract for the 300 MW Rabigh 2 solar power ..Read More

Shandong Electric Power Construction (SEPCO) has been awarded the contract for the 300 MW Rabigh 2 solar power project in Saudi Arabia, part of Round 5 of the National Renewable Energy Program (NREP). The project, developed by a TotalEnergies and Aljomaih consortium under a 25-year PPA with SPPC, aims to support Vision 2030 by achieving a 50% renewable energy mix. Grid connection is planned for 2026.
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• Power

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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• Construction