Saudi-based Sumou Real Estate Company has signed an agreement with Diyar Real Estate Development Company to develop and execute infrastructure works on a project located in the North Obhur neighborhood in Jeddah city.
Arabian Dyar Real Estate Development Company has signed a strategic partnership with the Saudi Authority for Industrial Cities and Technology Zones (Modon) to develop and construct ready-made factories in Jeddah, advancing its expansion into Saudi Arabia’s industrial and logistics sectors.
Red Sea International Company has announced that its key subsidiary, Fundamental Installation for Electric Work Company, has secured a construction contract from Al Arab Hospital Company for the construction of a premium healthcare facility in Jeddah. The entire work on the 19-storey hospital will be completed within 420 days.
Saudi Arabia is starting to make tough cost-cutting decisions, ordering changes across mega-projects in Neom, Jeddah and Riyadh. The latest one to join the list is a planned 2034 World Cup stadium in Jeddah, according to a Bloomberg report.
JTTX, a leading international travel exhibition in Saudi Arabia, opened today at the Jeddah Center for Exhibitions and Events.
Saudi Authority for Industrial Cities and Technology Zones (Modon) has announced the opening of the second phase of the Tamer Mölnlycke Care factory in Jeddah. A strategic joint venture of Swedish medical device company Mölnlycke, it will see the production grow two-fold to 500,000 per year.
Saudi Arabia Railways (SAR) has announced that work is moving at a steady pace on the Land Bridge Project linking Riyadh and Jeddah and will be delivered 'through a new mechanism and in phases' with completion expected before 2034.
Dar Global, a major real estate developer, has announced the official launch of Trump Plaza Jeddah, thus marking its third collaboration with The Trump Organisation in Saudi Arabia. Valued at over $1 billion, this landmark development is set to redefine luxury urban living in the Saudi city.
