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Global Sports Tower Contract Award Nears as Riyadh’s Sports Boulevard Advances The contract award for Saudi Arabia’s Global Sports Tower is nearing, following the tender process for one of Riyadh’s most distinctive flagship projects within the Sports Boulevard development. The tower has been designed as a 130-metre landmark with more than 30 sports facilities, including a 98-metre indoor climbing wall and a 250-metre digitised running track. Project Overview Location: Riyadh,

250MW AirTrunk Data Centre Bids Move Forward as Riyadh AI Infrastructure Market Heats Up Contractors are preparing commercial offers for a 250MW data centre in Riyadh that is being co-developed by AirTrunk and Saudi Arabia’s Humain, the artificial intelligence infrastructure company owned by the Public Investment Fund. The project is understood to be a major hyperscale campus, with bids due by 4 May and a long list of international and regional contractors competing for the w

Diriyah Confirms $490m Museum Contract for Saudi Arabia Museum of Contemporary Art Diriyah Company has confirmed a $490 million construction contract for the Saudi Arabia Museum of Contemporary Art, known as SAMoCA, marking a major step forward in the cultural spine of the Diriyah megaproject. The contract has been awarded to a joint venture between Egypt’s Hassan Allam Construction and Saudi Arabia’s Albawani, with work set to deliver a flagship museum on Diriyah’s Grand Ave

NEOM Backed by PIF as Saudi Megaproject Strategy Recalibrates Saudi Arabia’s Public Investment Fund has reiterated its backing for NEOM at a time when the giga-project is being reshaped, rephased, and in some cases contractually reworked. While some construction packages have been terminated or reset in 2026, the fund’s leadership has stressed that no NEOM project has been cancelled, signalling that the long-term development push remains intact even if the delivery plan is ch

Diriyah Tenders Media District North Offices in New Push on Riyadh's Creative Economy Buildout Diriyah Company has tendered a new contract for office construction in the Media District North area of Diriyah Gate 2, extending the buildout of one of Saudi Arabia's most strategically positioned creative and business zones. The package covers five office plots comprising nine buildings and more than 50,000 square metres of built space, with bids due on 27 April 2026. Project Over

Rowad Modern Engineering Starts Work on SAL’s Riyadh Logistics Centre. Egypt Joins Saudi Arabia’s Logistics Push Rowad Modern Engineering, a subsidiary of Elsewedy Electric Group, has begun construction on the expansion of Saudi Logistics Services Company (SAL) facilities at King Khalid International Airport in Riyadh. The project involves comprehensive rehabilitation of existing cargo infrastructure and the construction of new supporting facilities, all designed to lift capa

Saudi Arabia Tenders Medina's Sikkah Al Hadid PPP. A 50-Year Concession Brings Private Capital Into One of Islam's Holiest Cities Saudi Arabia's National Centre for Privatisation and PPP has launched a combined EOI, RFQ and RFP tender process for the Sikkah Al Hadid mixed-use development in Al Madinah Al Munawarah. The project, structured under a Build-Own-Operate-Transfer model with a 50-year concession period, will transform an 84,657-square-metre government-owned site in t

Saudi Arabia’s Sumou Investment , operating through its subsidiary Adeer International, has partnered with Egyptian developer Paragon Developments to deliver a $1.4 billion mixed-use project in East Cairo. The joint venture, operating under the name Paragon-Adeer, will develop a massive 500,000-square-metre site in Mostakbal City. The agreement, announced in March 2026, reinforces the accelerating wave of Saudi capital flowing into the Egyptian real estate market and highligh

Sinoma International Engineering, the world's largest provider of cement engineering services and a subsidiary of China National Building Material Group (CNBM), has secured new engineering, procurement and construction contracts in both Iraq and Saudi Arabia, further cementing its position as the go-to EPC contractor for cement infrastructure across the Middle East. The contracts, reported in early 2026, add to an already formidable portfolio of awarded work in the region and

Riyadh's skyline reflects Saudi Arabia's rapid urban transformation, a fitting backdrop as ROSHN signs $570m in land sale and development deals to deliver thousands of new homes across the capital. Roshn Doubles Down on Private Sector Partnerships as Saudi Housing Demand Intensifies Saudi Arabia's national real estate developer Roshn Group has signed a series of land sale and development agreements totalling more than SAR 2.14 billion ($570.5 million) on the sidelines of Rest

Project Overview Saudi Arabia Railways (SAR) has issued a tender for consultancy services covering the Riyadh segment of the Saudi Landbridge, a multi‑billion dollar freight railway intended to link the Red Sea and Arabian Gulf coasts. The Riyadh works will form a critical node where new east–west tracks interface with existing lines, bypasses, and logistics hubs around the capital. The Saudi Landbridge itself is an estimated $7 billion programme totalling more than 1,500 km

Landmark cultural museum under construction featuring textured stone façades, tower cranes, scaffolding, and modern construction techniques, highlighting large-scale heritage infrastructure development and architectural innovation in cultural destination projects. - (This image is an artistic expression) Project Overview The Iconic Museum is a major gallery and exhibition venue planned in the Northern Community of the Diriyah Gate Development Programme’s second phase, forming