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Masar Destination construction is back on + A USD 200 mn battery material plant from Northern Graphite
PLUS: PIF partners with RSAH to build aluminum complex in Yanbu
Gigaproject spending slows as focus shifts to Riyadh, real estate financing -Meed
Government budget strain spurs growth of private sector financing in mega-projects
Almoosa Health awards construction contract for Alkhobar hospital
Excavation and site leveling are already complete, with construction now ready to kick off
PIF raises SAR 950 mn in Masar share sale
The latest offer price represents a 32% premium to Masar’s final IPO price of SAR 15 just eight months ago
Construction costs inch up 1% y-o-y in October
Residential costs rose 1% y-o-y, while non-residential costs increased 0.9%
Builtop bags USD 11 mn in seed funding round to digitalize Saudi construction procurement
The round was led by TAM Capital alongside a group of strategic investors
Dallah Albaraka, Egypt’s Emaar Misr to develop EGP 78 bn New Cairo project
The project will span 380 feddans and generate some EGP 117 bn in revenues
Sabic ends loss streak + a flurry of 3Q earnings
Americana Restaurants posted a 14.7% y-o-y gain to its 3Q 2025 net income
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