Saudi Arabia's Ministry of Municipal and Rural Affairs and Housing has approved new guidelines to monitor the illegal subdivision of residential units, reported SPA, as authorities step up efforts to enforce municipal regulations and improve building safety.
Saudi developer Emaar, The Economic City has announced that it has awarded an infrastructure construction contract worth SAR547.4 million ($146 million) to Nesma & Partners for key projects within the Special Economic Zone in the Industrial Valley of King Abdullah Economic City (KAEC).
Saudi Arabia awarded 25 projects in June 2026 — the highest monthly total during the year — valued at more than SAR29.5 billion ($7.9 billion), reported SPA, citing official data. Of this, the construction sector accounted for the largest share, with 14 projects worth more than SAR20.6 billion ($5.4 billion).
Saudi Arabia's Red Sea International Company said it has completed regulatory approvals and taken possession of a 63,088-sq-m prime plot of land in Madinah, thus marking the start of its contractual obligations under a 50-year lease agreement with the municipality.
Saudi food and beverage manufacturing major Almarai has recorded solid results for Q2 despite the shipping woes and regional pressures. Its revenue surged 11% y-o-y to hit SAR5.87 billion ($1.54 billion) driven by resilient supply chain and robust demand across its core sectors.
Mabani Aljazeera Holding Group, a leading Saudi construction and investment company, has announced plans to invest in Jabali Towers located at the heart of Tatu City SEZ in Kenya. A premier mixed-use project, it features a mix of studios and one- to three-bed apartments as well as premium amenities.
Almar Water Solutions, a part of Jameel Environmental Services and a global leader in water infrastructure development and services, has secured a $940 million contract from Saudi oil giant Aramco to expand its Zuluf Water Treatment Project, thus increasing its treatment capacity to 308,000 cu m/day.
Saudi Telecom Company (stc) has delivered solid H1 results recording a 3.8% jump in its revenue for the six-month period hitting SAR40.11 billion ($10.7 billion), while gross profit increased 5.3% to SAR19.64 billion ($5.1 billion), driven by growth across its telecom and digital businesses.
The Roads General Authority (RGA) has outlined two main routes linking Riyadh to Hail as part of its efforts to improve access to one of the kingdom's major tourism destinations located in the northwestern region, known for its mountain landscapes and historical sites.
Hassan Allam, a leading engineering and construction group, said its subsidiary, Hassan Allam Construction Saudi along with its joint venture partner UCC Holding Saudi, has officially signed the contract for Waldorf Astoria Hotel, Residences, & Mixed Use Superblock in Diriyah, Saudi Arabia.
