Project awards in the GCC region for the second quarter surged to $59.4 billion, up 30% over last year supported by higher contract activity in Saudi Arabia and Oman, although activity slowed sharply from Q1, according to a report.
Acwa receives Saudi government approval for exclusive exports of green hydrogen derivatives, including green ammonia and methanol, while developing renewable electricity export projects to European and Arab markets.
Road development activities in Saudi Arabia gathered pace during the first half of 2026 with the rollout of new projects and advanced technologies across the kingdom's transport network. A total of 40 new road projects covering Makkah, Madinah and Qassim region were inaugurated this year.
The Esports Foundation and Qiddiya Investment Company have expanded their partnership for Esports World Cup 2026, with Qiddiya City showcased in Paris as the event’s founding partner and naming rights sponsor of a competition stage hosting leading esports titles.
Saudi Arabia has taken another strategic step in transforming tourism access, with the launch of the Package Visa pilot. The Package visa will be offered through approved general travel and tourism service providers in several pilot markets.
Saudi Arabia is looking for private investors to fund a $135 million ferris wheel in Madinah, as the kingdom pushes to expand attractions for pilgrims and domestic travellers beyond its holy sites, said a report. The project, Hijaz Eye, would be built on a 33,700 sq m plot, roughly the size of five football pitches.
Saudi Arabia’s licensed tourism hospitality facilities increased 22.7% year-on-year to 6,122 in the first quarter of 2026, reflecting continued growth in the Kingdom’s tourism sector, according to the General Authority for Statistics (GASTAT).
Saudia Cargo, the leading national air cargo carrier in the Kingdom of Saudi Arabia, has announced the expansion of its dedicated fleet with four Boeing 777-200 freighters.
Worley has secured a five-year agreement among 11 contractors selected by Aramco to support major Saudi projects, delivering energy infrastructure, consultancy services, and digital solutions across engineering, construction, and talent development.
Six Senses AMAALA is set to open in mid-July on Saudi Arabia’s Red Sea coast, expanding the brand’s wellness concept. The resort offers 100 suites, villas, and residences in a village-style setting between beaches, lagoon, and clifftop mesa.
