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Foundation Day File Real estate projects and initiatives are shaping the future of the Kingdom

Reading time: 5 MinutesFoundation Day File Real estate projects and initiatives are shaping the future of the Kingdom

21/02/2023

Projects on Foundation Day
Residential program

Ministry of Municipalities and Housing wins first place in the Global Project Excellence Awards 2025

The Ministry of Municipalities and Housing achieves first place in the Global Project Excellence Awards 2025 in the category of Strategic Excellence.

A SAR 5 trillion construction boom Mega projects and localization of the building materials industry

Saudi Arabia is investing SAR 5 trillion in construction projects and localizing the building materials industry.

Residential program

New Square Development Company welcomes the second batch of the Graduate Development Program

Welcoming 31 graduates in the second batch of the National Graduate Development Program.

Diriyah company

International company wins SAR 210 million contract to develop the second phase of the Diriyah project

Parsons wins SAR 210 mn contract to develop the second phase of the Diriyah project.

The Saudi-Syrian land link project. An urban step that changes the map of development in the region

Saudi Arabia announces land link project with Syria to boost economic ties and implement agreements worth 8 billion riyals.

Residential program

5 renewable energy projects in Saudi Arabia at a record cost and investment of 9 billion riyals

5 new renewable energy projects awarded in Saudi Arabia with an investment of 9 billion riyals and world record costs.

Inmar Saudi Arabia for Real Estate Development and Investment and Foster in partnership with Partners launch an iconic urban development in the heart of Riyadh

Partnership to develop a project on King Salman Road with more than 9,000 m² to be unveiled at Cityscape Riyadh 2025

Sessions kicked off the second day of the Global Proptech Summit 2025 Themes of the sessions

Global Proptech Summit 2025 sessions explore the transformation of tech real estate, strong digital infrastructure, and the role of AI in decision-making

Residential program

“Live Healthy” opens its doors for a unique experience at the Global Health Forum

The Ministry of Health launches a 3,000-meter interactive health experience at the Global Health Forum and signs partnership agreements.

AlUla Governorate

AlUla launches ambitious investment plan 6 billion riyals worth of projects on the way

Royal Commission of AlUla launches 21 projects worth SAR 6 billion to attract private investment and increase tourism to one million by 2030

A civilizational shift in the bride of the sea. Jeddah's Central Jeddah project is moving steadily towards the 2030 goals

Central Jeddah project on 5.7 million m² and 2.1 km of beach, three phases until after 2030, contracts worth 12 billion riyals.

Minister of Municipalities and Housing

100 thousand housing units. Saudi Arabia and China draw up plans for urban cooperation until 2030

Al-Haqeel visits Beijing to meet with Chinese companies and sign MoUs in construction and urban technologies

Launched by the Crown Prince. Your guide to the King Salman Gate project in Makkah 

A mixed-use project next to the Grand Mosque with residential and cultural facilities, accommodating 900,000 worshipers and creating 300,000 jobs.

Residential program

Saudi Arabia officially receives Expo banner at Osaka closing ceremony

The presence of ministers and ambassadors at the closing ceremony confirms the start of official preparations to host Expo 2030 in Riyadh

Cityscape Qatar 2 opens

Cityscape Qatar 2025 kicks off with quality projects and a future vision for the real estate sector

The exhibition kicked off with an official and investment presence, a 41% jump in real estate sales and discussions on the strategies of Vision 2030.

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