Dubai Municipality, Roads and Transport Authority, King Salman Energy Park, Diriyah and Aramco as well as Aecom and Damac are among the 100 finalists for the Big 5 Global Impact Awards 2026 in Dubai that recognises achievements across construction and urban development.
Versatile International, a fully integrated stone project management consultancy in the region, has secured a third consecutive three-year contract with Diriyah Company to provide specialist stone project management services for its giga-scale development in Saudi Arabia.
Saudi-based Diriyah Company has announced that it has awarded two major construction contracts worth SAR2.73 billion ($720 million) to build six luxury hotels and three residential assets in Diriyah Square, thus boosting Diriyah’s position as an urban destination to live, work and visit.
The value of Saudi Giga projects contract awards has risen sharply to $196 billion this year, up 20% from 2024, underscoring the pace at which projects are moving into execution phase, said a Knight Frank report.
Parsons Corp has secured a key design and construction supervision contract from Diriyah Company for Phase II of its mega project in Riyadh. The scope of work includes the delivery of a series of neighbourhood parks and over 55km of streetscape.
