Diriyah Company has signed a SAR2 billion ($533 million) financing agreement with Arab National Bank to support the development of branded residences within Diriyah, its flagship project to transform an ancient city near Riyadh.
WSP, one of the world’s leading professional services consulting firms, has appointed Dincer Mete as Director of Infrastructure, Middle East. Based in Riyadh, Dincer will support the continued growth and delivery of WSP’s Transport & Infrastructure business across the region.
More than 2,200 water-sector specialists from 100 countries are set to converge in Riyadh for the 21st edition of the IDRA World Congress on Desalination and Water Reuse, where they will discuss solutions and challenges related to global water security at the event's first gathering in Saudi Arabia.
Nakheel, a member of Dubai Holding Real Estate, has begun handing over 892 homes at Jebel Ali Village, as residents start moving into the new residential community.
Saudi Entertainment Ventures, a unit of Qiddiya Investment Company, has announced the opening of its second leisure destination, SEVEN Tabuk, an indoor, all-weather entertainment hub in the kingdom, following the launch of its inaugural destination - SEVEN Abha - in the kingdom.
Saudi Ceramics Company, a leading player in the building materials sector, has announced the opening of its newest showroom in the kingdom's Western Province in Jeddah. With this launch, the total number of the Saudi firm's retail showrooms across the kingdom has now risen to 70.
Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, has announced two key promotions in managerial section - S. Abbas S. Baqer has been named Manager Calciner & Marine, while Ali Aseeri has been elevated to the post of Manager Engineering & Projects.
LAVA (Laboratory for Visionary Architecture), a global network practice with bases in Germany and Australia, has been appointed Custodian of the Expo 2030 Riyadh Master plan, thus marking a significant new phase as the project transitions into detailed design and implementation stage.
Qassim Cement Company has signed an agreement with the Saudi Industrial Development Fund (SIDF) to secure key funding for the construction of a fourth production line at its Buraydah plant that will help replace certain production lines and boost its capacity to 10,000 tonnes per day.
Saipem, a global leader in the engineering and construction of major projects for the energy and infrastructure sectors, has won a key contract worth $1.8 billion to provide engineering, procurement, construction and installation (EPCI) services for an offshore project in the Middle East.
