Development & Construction

SAR 4.35 billion for the construction of the first phase of the Avenues project in Al Khobar

Reading time: 2 Minutesوقع صندوق التنمية السياحي، أمس، اتفاقية تمويل بقيمة 4.35 مليارات ريال مع تحالف بنكي يقوده البنك العربي الوطني ويضم البنك السعودي الأول وبنك الرياض، وبنك ... Read more

Financing agreement between the Tourism Development Fund and a consortium led by Arab National Bank and Shamool Holding to finance the construction of the first phase

23/12/2023

Part of the signing of the agreement
Royal's logo

Royal Art completes preparations for Big 5 Saudi

A world-first experience of royal palace design with an innovative pavilion that reflects luxury architecture in Riyadh's Roshan Oasis, Riyadh

International Facilities Management Conference

International Conference on Asset Management, Facilities and Maintenance concludes with recommendations

Conference explores the future of asset management, facilities and maintenance in the face of digitalization and AI and issues recommendations to boost efficiency and sustainability

International Asset Management Conference

International Asset, Facility and Maintenance Management Conference

The conference emphasizes the Kingdom's leadership in digital twinning and artificial intelligence to manage assets and facilities and support the goals of Vision 2030

International Facilities Management Conference

International Conference on Asset, Facility and Maintenance Management opens with technology as a strategic priority

The conference offers applied solutions and smart solutions that support artificial intelligence, digital twinning, predictive maintenance and digital transformation

Residential program

Roads Authority and NHC implement construction waste recycling initiative at Al Forsan destination

Recycling construction waste to promote sustainability at Al Fursan, northeast of Riyadh, in collaboration with NHC.

Fakhreddine Company News

Fakhruddin Properties signs strategic memorandum of understanding with Holcim UAE

Fakhruddin Properties and Holcim UAE sign MoU to promote sustainable construction in the region.

Residential program

«Statistics Authority: Construction costs in the Kingdom rose by 1.0% last month

Construction costs in the Kingdom increased by 1.0% during November 2025 compared to the same month last year.

Concrete that charges the future An innovation that turns buildings into giant batteries

MIT's smart concrete innovation turns buildings into efficient and sustainable energy storage batteries.

Recycling in Saudi construction Turning demolition waste into sustainable resources

Saudi Arabia's construction sector has shifted towards recycling demolition waste to support the circular economy and achieve the goals of Vision 2030.

Strategic partnership between NHC and Roads Authority to capitalize on demolition waste in the road network

NHC and the Roads Authority partner to enhance the sustainability and quality of roads by recycling construction waste and asphalt.

Building-Construction-Materials

Building Materials... Concrete prices fall and cement prices are mixed last month

Report: Low concrete prices in Saudi Arabia and mixed cement prices in November 2023.

“KAUST discusses the future of low-emission, high-performance cement

King Abdullah University concludes a workshop for the Low Emission Cement Initiative and discusses ways to decarbonize the sector.

Residential program

The Ministry of Industry announces the establishment of the non-profit Building Materials Manufacturers Association

Establishing an association for building materials manufacturers to support the development of the sector and promote quality in Saudi Arabia.

As the winter season begins A comprehensive guide to central heating systems in buildings 

A comprehensive guide to improving the efficiency of central heating systems as winter 2026 approaches.

Local Content Authority signs agreement to localize the manufacture of polymer light poles

Signing an agreement to localize the manufacture of polymer light poles to boost infrastructure and create new jobs.

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