As the Kingdom gears up to host the world’s biggest events, Sachin Kerur argues that success won’t be judged by medals – but by how well the nation builds for what comes after
Saudi construction sector
Latest in Saudi construction sector
cement
Saudi’s City Cement to buy Umm Al Qura stake through capital hike
Post-capital hike, the shareholders of Saudi Arabia’s Umm Al Qura Cement will own 30.4% of its capital
Abha International Airport
Saudi visa update; UAE petrol prices; Dubai announces real estate strategy; GCC airport upgrades; New schools plan – 10 things you missed this week
Saudi visa update, UAE petrol prices, Dubai real estate strategy, GCC airport upgrades and more of the top news stories this week
Jeddah
Saudi construction firm resumes work on 1,000m skyscraper, world’s tallest tower to complete in 2028
Kingdom Holding announces resumption of work on world’s tallest skyscraper the Jeddah Economic Company Tower
affordable housing
Saudi real estate shortage: What will it take to drive down Riyadh construction costs?
Saudi Arabia’s giga-projects are pricing out real estate developers as construction costs skyrocket and exacerbate the supply crunch for housing and office spaces in Riyadh, expert says
Knight Frank
Saudi construction to hit $181bn as booming sector to create 660,000 new homes
Saudi Arabia will have the world’s largest construction market by 2030 as building businesses boom
building and construction
Saudi giga-projects push 2024 construction costs; Riyadh most expensive city to build in
Saudi Arabia’s Riyadh is the most expensive city to build in the Middle East
Real Estate
Saudi Arabia construction activity among highest globally but faces massive talent shortage
Over 70% reported shortages in skilled professionals and general labour to keep up with the pace of construction, report reveals
NEOM
NEOM construction crew to hit 200,000 as 60,000 new jobs expected
NEOM showcases developments as it expects to create 60,000 new construction jobs
Construction
UAE and Saudi construction costs to rise by up to 7% in 2024
UAE and Saudi construction firms look to AI, modular building and sustainability as costs rise
Saudi Arabia
Construction projects are transforming Saudi Arabia but what are the risks and how can they be mitigated?
Disputes could rise even as the surge in construction KSA sets the country on course for an exciting trajectory of growth and transformation
digital connectivity
What’s so smart about smart cities?
Technology only serves to help improve the life of city dwellers
Jeddah
Saudi Arabia megaproject: World’s largest tower in Jeddah resumes construction
The Jeddah Tower in Saudi Arabia is set to become the world’s tallest, surpassing 1,000 meters in height
Amaala
Saudi’s Red Sea development is the ‘size of Belgium’, says RSG boss
With vast landscapes, several hotels and its own airport, the destinations aim to revolutionalise luxury tourism
Amaala
Saudi’s Red Sea Global marks six years of construction progress in ambitious tourism destinations
Red Sea Global is currently working on the beach formation and beautification which includes the creation of new mangrove habitats
Al Othaim Investment Company
Renowned architect firm Benoy to bring world-class design to Riyadh’s new entertainment city project
The signing coincides with the firm’s announcement on establishing a new regional HQ in the Saudi capital
NEOM
Saudi construction contracts hit $51bn last year, NEOM spending leads growth
Saudi construction boom sees 35% increase in value of contracts awarded