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SRMG doubles down in Thmanyah, Al Akaria awards Porta Jeddah contract
PLUS: FinMin’s May sukuk issuance raises over SAR 2.4 bn
Al Akaria leases out its Al Reef compound, PIL Enters Saudi port sector
Al Akaria signs a SAR 1.2 bn residential lease; PIL secures a unified maritime licence
Binyah secures early works agreement as Expo 2030 prep ramps up
ALSO: Tibbiyah acquires 49% stake in Nephrocare
The World Bank’s IFC Partners with Saudi and Iraqi Firms to bolster Iraq
MEANWHILE- Nearly 5% of Al Akaria’s Riyadh land holdings face new tax levy
Al Akaria, Zamil, Kingdom Holding and more post 1Q results
Al Akaria’s net income surged to SAR 135.2 mn in 1Q 2025
Al Akaria CEO resigns
The decision goes into effect on 31 July 2024
Chinese contractor CMEC to build 20k residential units in projects in Saudi. Plus: technology, tourism and manufacturing
National Housing Company (NHC) | China Machinery Engineering (CMEC) | Urbas | Binyah | Al Akaria | Diriyah Gate |…
Real estate accounted for 12.2% of non-oil GDP in 9M 2023. PLUS: Debt, technology, hospitality, and construction news
Real estate funds also currently have SAR 170 bn of assets under management