Red House Real Estate Launches 1st Outlet Complex in KSA

Riyadh Outlet Village will comprise a traditional Saudi souq (marketplace) where Saudi designers and skilled artisans would display their products.

Saudi Arabia Awaits Proposals for Water Desalination Project

Saudi Arabia’s Water and Electricity Company (WEC) has issued a Request for Proposals (RFP) to invite pre-qualified companies in the private sector to participate in the Rabigh-3 Independent Water Project (Rabigh- ...

60 Saudi Companies Receive Licenses to Sell Housing Units Online

The Saudi Ministry of Housing has licensed 60 Saudi firms to sell land plots and housing units online through the Wafi platform as part of its plan to provide 480,000 housing units by 2020

Saudi Arabia to Implement USD 293 mn Infrastructure Projects

The Saudi government plans to spend SAR 1.1 bn (USD 293 mn) on major infrastructure projects including the implementation of 16,000 sanitary drainage connections to homes across the kingdom

Saudi Arabia Inaugurates SAR 800 mn Waterfront Project in Jeddah

Jeddah’s governor has inaugurated the Jeddah Waterfront Project during a grand opening ceremony led by Prince Khalid Al Faisal, the Emir of Makkah

Manazel Plans to Expand in Saudi Arabia

UAE's leading developer Manazel Real Estate plans to expand its business into the wider MENA markets

KSA Launches 21 New Infrastructure Projects

Saudi Arabia's King Salman bin Abdulaziz has launched new infrastructure development projects worth SAR 7 bn in the Madinah region.

Emaar Chairman Expects Special Dividend Pay Out from Real Estate Listing by Jan

Emaar Properties Chairman Mohamed Alabbar said on Tuesday he expects to issue a special dividend in January from the proceeds of the partial listing of the Dubai property developer’s real estate unit

KSA Plans USD 500 bn Special Zone Across Borders of Egypt, Jordan

Saudi Arabia announced on Tuesday a USD 500 bn plan to establish an independent special zone stretching over three countries including Egypt

Saudi Ministry Bans 22 Contractors From Gov’t Projects Due to Delays

The Saudi Transport Ministry banned 22 contractors from competing in future projects due to delays in delivering their current projects

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