Joined February 2022
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. @SABInvest launched a $507 million fund to back @Retal_sa 's project in Riyadh's Malqa district, adding to a wave of investment targeting the Saudi capital's growing property market.
#SaudiArabia #Riyadh constructionweeksaudi.com/ne…
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Morocco's @AKDITAL_KSA has acquired land in Riyadh for its third Saudi hospital, advancing plans to reach 1,000 beds in the kingdom by 2030.
#SaudiArabia #Healthcare #Hospitals
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China's ZOE Energy plans to build what it says will be Saudi Arabia's first large-scale battery storage factory, with capacity set to reach 18GWh.
#SaudiArabia #EnergyStorage
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Saudi Arabia has awarded six #Makkah development sites worth $3.5 billion, in one of the largest private-sector development pushes in the holy city. The projects cover more than 2.7 million sqm.
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Saudi Arabia is preparing to launch the next phase of the Mukaab, the giant cube-shaped skyscraper planned in Riyadh, with contractors set to be invited to bid for key construction packages.
Read more:
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China’s Zhejiang Hailiang and Saudi Arabia’s Rawas signed a JV to develop a $566 million copper plant near Dammam port, adding battery materials and recycled copper capacity to the Kingdom’s industrial push.
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Saudi developers and contractors active across Riyadh Metro, @Expo2030Riyadh and major projects in the Saudi capital are competing for the Quality Valley Riyadh PPP project, highlighting rising competition for state-backed real estate opportunities.
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Riyadh’s @Kafd road project has passed 35% completion after two bridge structures were installed, as the capital pushes ahead with wider transport upgrades tied to rapid urban growth, according to @RCRCSA .
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Saudi Arabia has issued a tender for key sections of the GCC Railway project as Gulf states push stronger overland trade links amid rising Hormuz shipping risks.
The planned network spans 2,177km across all six GCC states.
#SaudiArabia #GCC #Railway
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The world is facing the largest energy supply shock in recorded history, according to @aramco CEO Amin Nasser, as the closure of the Strait of Hormuz continues to disrupt global oil flows and tanker movements.
#Oil #Energy #SaudiArabia #Hormuz #OOTT
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Riyadh awarded a $1.3 billion contract for Sheikh Jaber Road project to a JV between AlRashid Trading and Turkey-based IC Ictas.
#SaudiArabia #Riyadh #Infrastructure
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Saudi Arabia has launched a tender for service facilities along the 64km Jeddah-Makkah Direct Highway, with bids due by 19 August.
#SaudiArabia #Makkah #Infrastructure
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Final bids have been submitted for Riyadh’s metro extension linking Qiddiya, moving one of the capital’s largest upcoming rail packages closer to award.
#Riyadh #Qiddiya #SaudiArabia #Metro
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. @DiriyahCo has awarded a 730 million riyal ($195 million) contract to expand public facilities in Riyadh, adding to a growing pipeline of development tied to the capital’s wider expansion plans.
#SaudiArabia #Riyadh #Diriyah #Construction
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ASMO, the Saudi @aramco -@DHLGlobal venture, has begun construction of a 1.4 million sqm logistics hub at SPARK in Saudi Arabia’s Eastern Province as the Kingdom expands industrial and energy supply chain infrastructure.
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Riyadh awarded a 2 billion riyal ($550 million) infrastructure project covering parts of Al Qirawan and Al Narjis as the Saudi capital continues expanding housing-linked infrastructure and serviced land supply.
#SaudiArabia #Riyadh #Housing
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Saudi Arabia's Q1 infrastructure spend jumped 26% to 12bn riyal as Vision 2030 programmes accelerate.
Total government spending hit a record 387 billion riyal, up 20% YoY.
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PIF-backed @binyah_ksa renewed a 600 million riyal credit facility with @BankAlbilad -as Saudi Arabia’s construction market enters a new delivery phase tied to Expo 2030 Riyadh and FIFA 2034.
#SaudiArabia #Expo2030 #Construction #Vision2030
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Saudi Arabia moves ahead with infrastructure works at King Abdullah Economic City, positioning it as an automotive and industrial logistics hub on the Red Sea, anchored by @KAP_Saudi and tied to @LucidMotors and @ceer .
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Saudi Arabia’s @HUMAIN has tendered infrastructure works for a 6GW data centre campus in Riyadh, with bids due May 8, as the Kingdom accelerates investment in AI and digital infrastructure.
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