Diriyah Company has awarded the main construction works contract worth SAR393 million ($105 million) to Saudi Arabian Trading & Construction Company (Satco) for its Heroes’ Park, a landmark lifestyle project coming up within its masterplanned development.
Aldar has joined hands with Abu Dhabi's Department of Community Development to develop the Yas Community Park on Yas Island. It comes as part of their plan to expand the Nabdh Community Hub model across Aldar's key developments in Abu Dhabi, Al Ain and Al Dhafra.
The Saudi Ports Authority (Mawani) has announced that it has signed a lease agreement with Sultan Logistics, a leading player in the kingdom's freight sector, for the development of a 200,000-sq-m logistics park at Jeddah Islamic Port for a total investment of SAR250 million ($66.5 million).
Oman’s Environment Authority has signed an agreement to develop Al Saleel Natural Park Reserve in the Wilayat of Al Kamil Wal Wafi, South A’Sharqiyah Governorate, at a total cost of RO 2.6 million ($6.7 million). The project is expected to boost the tourism sector in the governorate and create job opportunities related to tourism.
