East Pipes Integrated Company for Industry has secured contracts worth SAR 57 million from Saudi Real Estate I ..Read More

East Pipes Integrated Company for Industry has secured contracts worth SAR 57 million from Saudi Real Estate Infrastructure Company (Binyah) and Al Rashid Trading and Contracting Company. The contracts, set to last seven months, involve manufacturing and supplying steel pipes with coating applications. The financial impact will be reflected in the first and second quarters of the 2025/2026 financial year.
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• Manufacturing

Red Sea International Company's subsidiary, The Fundamental Installation for Electric Work Co. Ltd., signed a ..Read More

Red Sea International Company's subsidiary, The Fundamental Installation for Electric Work Co. Ltd., signed a SAR 318.9 million contract with Modern Building Leaders Co. to deliver mechanical, electrical, and plumbing (MEP) works. The 13-month contract includes supply, installation, testing, and commissioning of MEP systems, showcasing the subsidiary's expertise as a leading MEP contractor in Saudi Arabia.
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• Construction

The Knowledge Economic City in Saudi Arabia has signed a SAR 502.9 million contract with China Gezhouba Group ..Read More

The Knowledge Economic City in Saudi Arabia has signed a SAR 502.9 million contract with China Gezhouba Group International Engineering Company (CGGC) for construction, electromechanical, and finishing works for seven residential towers in the Al-Alya Project's first phase. Spanning 270,000 square meters, the Al-Alya Project integrates residential, business, and entertainment facilities, including apartments, villas, hotels, and a central park to enhance quality of life. The contract duration is 30 months.
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• Construction

The Knowledge Economic City (KEC) in Saudi Arabia has awarded a SAR 232.8 million contract to Alfaneyah Electr ..Read More

The Knowledge Economic City (KEC) in Saudi Arabia has awarded a SAR 232.8 million contract to Alfaneyah Electromechanical Company for electromechanical works on the Hilton Hotel Tower and the branded residences tower within the KEC Hub Project. The 18-month contract includes electrical, mechanical, and plumbing works for the towers, which feature 384 five-star hotel units and 66 luxury residences. Located in Medina, the project integrates recreation, shopping, and entertainment, with a public park and a boulevard offering diverse services.
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• Construction

Aramco has partnered with Carbon Clean and SAMSUNG E&A to demonstrate CycloneCC, an innovative carbon capture ..Read More

Aramco has partnered with Carbon Clean and SAMSUNG E&A to demonstrate CycloneCC, an innovative carbon capture technology. The compact, modular system, designed to capture CO2 from natural gas turbine exhaust streams, aims to reduce the cost and footprint of carbon capture systems by up to 50% while maintaining high efficiency. The project will test the technology under real-world conditions, supporting Aramco's carbon-reduction goals.
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• Oil & Gas

PVH Middle East has expanded its manufacturing headquarters in Jeddah, Saudi Arabia, covering over 100,000 m² ..Read More

PVH Middle East has expanded its manufacturing headquarters in Jeddah, Saudi Arabia, covering over 100,000 m². The facility, which creates over 400 jobs with 40% local Saudi talent, will produce 12GW of solar technology. With a 35% local content score, PVH emphasizes its commitment to sustainability and the region’s economy, reinforcing its position as a leading manufacturer of solar tracking solutions.
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• Manufacturing

The Water Transmission Company (WTCO) in Saudi Arabia has issued a Request for Qualification (RFQ) for the Ras ..Read More

The Water Transmission Company (WTCO) in Saudi Arabia has issued a Request for Qualification (RFQ) for the Ras-Mohaisen – Baha – Makkah Independent Water Transmission System (IWTS) Project. The project will have a transmission capacity of 515,000 cubic meters per day over a 300 km pipeline. It will be developed on a Design, Build, Finance, Lease, and Transfer (DBFLT) basis, with a lease term of up to 35 years. The project aims to support Saudi Vision 2030 by improving water supply and reducing reliance on non-renewable water sources.
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• Power

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