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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• Construction
• PPP

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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• Construction
• PPP

PowerChina Guizhou Engineering Co., Ltd. has signed EPC contracts for two photovoltaic projects, Al Masa’a ( ..Read More

PowerChina Guizhou Engineering Co., Ltd. has signed EPC contracts for two photovoltaic projects, Al Masa’a (1,250 MW) and Al Henakiyah 2 (500 MW), in Saudi Arabia under the National Renewable Energy Program. The projects will generate 4.4 billion kWh of clean energy annually, supplying 550,000 homes and reducing carbon emissions by 2.88 million tons. This marks Guizhou Engineering's first collaboration with SPIC Huanghe Hydropower and EDF Renewables in the Middle East, supporting Saudi Arabia’s Vision 2030 clean energy goals.
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• Power

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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• Construction

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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• Construction

Vale has signed a land reservation agreement with Saudi Arabia’s Royal Commission of Jubail and Yanbu to est ..Read More

Vale has signed a land reservation agreement with Saudi Arabia’s Royal Commission of Jubail and Yanbu to establish a Mega Hub at Ras Al-Khair Industrial City for green-steel production. The hub, developed in two phases, will produce up to 12 million tons of cold-briquetted iron ore (CBI) annually, supporting net-zero steelmaking. Part of Vale’s broader strategy, the project aligns with Saudi Vision 2030, leveraging the Kingdom’s resources and strategic location to drive industrial growth and sustainability.
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• Manufacturing

ACWA Power, in collaboration with IC İÇTAŞ, has been selected for Azerbaijan's Caspian SWRO desalination pr ..Read More

ACWA Power, in collaboration with IC İÇTAŞ, has been selected for Azerbaijan's Caspian SWRO desalination project. The consortium will build a seawater reverse osmosis desalination plant with a daily capacity of 300,000 cubic meters in Sumgayit Chemical Industrial Park. The project will serve the growing drinking water needs of Baku and the Absheron Peninsula, with a 27.5-year operational period before management is transferred to the Azerbaijan State Water Resources Agency.
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• Water

Petro Rabigh and Honeywell have signed an MoU under the patronage of the Saudi Ministry of Energy to demonstra ..Read More

Petro Rabigh and Honeywell have signed an MoU under the patronage of the Saudi Ministry of Energy to demonstrate Naphtha-to-Ethane-and-Propane (NEP) technology at the Petro Rabigh refinery. This collaboration aims to enhance crude oil conversion into value-added petrochemicals, promote sustainability, and drive innovation, aligning with Saudi Vision 2030 to advance the petrochemical sector.
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• Oil & Gas