Saudi Projects Issue 64

ISSUE 44

DECEMBER 2025 / ISSUE 64

SUSTAINABLE CITIES, BRIGHTER FUTURE AHEAD WITH DAC GBB EVENT FUTURE OF REAL ESTATE

KRISTINA ZANIC INSPIRED INTERIOR ARTISTRY

RGS ADDRESSING PAYMENT RISK

DESIGNING THE FUTURE TOGETHER, THE NEW FACE OF BUNA HOLDING Experience the evolution of a brand built on quality, innovation, and trust.

For over two decades, BUNA Holding has shaped Saudi Arabia’s built environment, from visionary developments to world-class interiors. Now, with a revitalized brand and renewed purpose, we continue our mission to redefine quality and partnership in the construction and design sectors.

EDITOR'S Foreword 03

SHAPING SAUDI ARABIA’S BUILT ENVIRONMENT FUTURE SAUDI ARABIA’S BUILT ENVIRONMENT IS EVOLVING AT AN UNPRECEDENTED PACE, SHAPED BY VISIONARY LEADERSHIP, COMPLEX DELIVERY MODELS, AND AN INCREASING FOCUS ON SUSTAINABILITY, RESILIENCE, AND CULTURAL IDENTITY. IN THIS ISSUE OF SAUDI PROJECTS, WE BRING TOGETHER VOICES FROM ACROSS THE INDUSTRY TO EXAMINE HOW STRATEGY, INNOVATION, AND EXECUTION ARE REDEFINING THE KINGDOM’S URBAN AND ECONOMIC LANDSCAPE. Our cover story features an exclusive interview with Mohamed Magdi, CEO of DAC Group, whose leadership reflects the forward-thinking mindset required to succeed in today’s competitive market. Mohamed shares insights into shaping commercial direction, driving revenue growth, and positioning DAC Group as a long-term contributor to Saudi Arabia’s built environment. His perspective on strategic transformation, organizational growth, and value creation sets the tone for an issue centered on leadership with measurable impact.

WANT YOUR COMPANY TO APPEAR IN THE KINGDOM'S LEADING TRADE PUBLICATION? EMAIL NOW

Financial sustainability remains one of the construction sector’s most pressing challenges. Addressed in our feature with RGS, General Manager Ash T. Arshad candidly highlights the growing risks contractors face when clients fail to honor agreed payment terms. The article underscores the urgent need for stronger payment discipline and contractual accountability to safeguard project continuity and overall industry health.

From a technical and delivery standpoint, our Industry Sector coverage spotlights EMCOTECH, showcasing its role in powering Middle East infrastructure through advanced MEP and facilities management solutions. This is complemented by a closer look at how DAC Group is redefining sustainability through integrated MEP systems that support Saudi Arabia’s urban transformation, directly linking engineering excellence to long-term environmental performance.

TEAM ANDREW HIRST BELINDA BREEZE EDDIE RAYNER ELLAINE MAE LOUIS RAYNER MARIA ARNOLD MUHAMMAD AHMED ROD MILLINGTON SAFFRON FOLEY WASEEM ASMAR

Our Giga Projects section turns to Red Sea Global, highlighting milestones that extend beyond construction. From the launch of the first direct European flights connecting Milan to Red Sea International Airport, to initiatives empowering local artisans through Built on Integrity, Driven by Vision

Collaborating for Excellence

Our new identity represents not just a look, but a

We believe in partnership. By working closely

cultural preservation are progressing in parallel.

legacy — honoring our past while embracing the

with architects, developers, and consultants, we

innovation that defines tomorrow’s design.

ensure every product enhances the spaces that

Design and experience take center stage in

strategic partnerships, these stories demonstrate how infrastructure, tourism, and

inspire Saudi Arabia’s modern landscape.

Where Precision Meets Vision

Interiors, where ARTYCHOKE and Kristina Zanic unveil the InterContinental Red Sea Resort on Shura Island, a landmark opening celebrating

Committed to delivering high-quality

A Commitment to Progress

visionary design and sustainable luxury.

projects through seamless integration,

From sustainability to smart design, BUNA stands

sustainability, and strategic partnerships.

for continuous evolution — aligning with Vision

Beyond the Kingdom, we examine the challenge

2030’s call for innovation and excellence.

of rebuilding Syria’s energy infrastructure, before closing with a broader view of hospitality and leisure construction under Vision 2030.

Discover how BUNA Holding is shaping a smarter, more beautiful built environment. www.bunholding.com info@bunaholding.com +966 12 658 6686

Together, these stories reflect an industry building not just structures, but futures. .

Rod Millington EDITOR

CONTACT saudiprojects@tpg.media www.saudiprojects.media

SOCIAL MEDIA

04 Contents

20

Contents 05

14

MABANI AL JAZEERA GROUP

DAC GROUP INTERVIEW

MABANI GROUP REDEFINES CONSTRUCTION

DRIVING DAC GROUP'S COMMERCIAL FUTURE

FEATURES

ALSO IN THIS ISSUE

24

28

58

84

STREAMLINE EQUIPMENT MANAGEMENT

REBUILDING SYRIA

RGS CONSTRUCTION PAYMENT RISK

KRISTINA ZANIC INTERIOR ARTISTRY

32

54

66

118

EMCOTECH MEP EXCELLENCE

VISION 2030 HOSPITALITY BOOM

THE FUTURE OF REAL ESTATE

DIRIYAH GATE PREMIUM HOMES

08 NEWS

NEWS 09

SAUDI INVESTMENT BOOSTS SPORTS AND ENTERTAINMENT Riyadh Shooting Range & Entertainment Complex Creates Jobs and Drives Tourism.

The Events Investment Fund (EIF) launched by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of Saudi Arabia, under the National Development Fund (NDF) announced the development of the Riyadh Shooting Range & Entertainment Complex, its first landmark project at an investment exceeding SAR 491 million (over US$ 131 million).

CURACEL BOOSTS SAUDI AI PRESENCE

The announcement was made at the inaugural TOURISE Summit in Riyadh,

Curacel expands AI infrastructure

publicly announced collaboration with

deliver better experiences to customers.

the world’s premier platform for shaping the future of global tourism.

partnership in Saudi Arabia, supporting

Tawuniya through the InsurAI program. As

Designed to help insurers in Saudi Arabia

Situated just 40 minutes from Riyadh, the state-of-the-art Riyadh

Vision 2030 and insurance innovation.

insurers in the Kingdom accelerate their

Through its work with Tawuniya, Curacel

Shooting Range & Entertainment Complex is located within Qiddiya City,

Curacel, an AI-powered insurance

digital transformation journeys under

has been deploying AI agents in real insurance

the new global destination built entirely around the Power of Play.

infrastructure provider, today announced

Vision 2030, Curacel is positioning itself

workflows, supporting use cases such as

the next phase of its commitment to Saudi

as a long-term AI infrastructure partner to

claims intake, triage and customer support.

Arabia’s insurance sector, building on its

help them operate more efficiently and

READ FULL ARTICLE HERE

READ FULL ARTICLE HERE

AJI AND AL JERAISY PARTNER ON RIYADH TOWER PROJECT AJi signs landmark LDC agreement with Al Jeraisy Group for Al Jeraisy Residential Tower, enhancing Saudi Arabia’s urban landscape.

AJi, the region’s premier architecture, engineering, project management and consultancy group, in line with its expanding footprint across Saudi Arabia’s dynamic real estate landscape, signed a Lead Design Consultant (LDC), agreement with Al Jeraisy Group to collaborate on the design and delivery of the upcoming Al Jeraisy Residential Tower project in Riyadh.

Felivering world-class design and engineering solutions The partnership marks a new chapter in AJi’s growing portfolio of landmark developments in the Kingdom and underscores the company’s commitment to delivering world-class design and engineering solutions that combine innovation, sustainability, and functionality.

The agreement was signed during Cityscape Global 2025, one of the world’s largest and most influential real estate events, which brings together investors, developers, architects, and decision-makers shaping

INITIAL LAUNCHES MOBILE ENGINEERING SERVICE

the cities of the future. The exhibition serves as a major platform for cross-sector collaboration, aligning with Saudi Arabia’s Vision 2030 goals

Revolutionizing SME Maintenance with

flexibility and cost efficiency. Initial’s new

facilities more effectively

to diversify the economy and build next-generation urban environments.

Speed and Efficiency in the Kingdom.

mobile engineering services division, unveiled

The service is based on a mobile

READ FULL ARTICLE HERE

Initial has launched the Kingdom’s first

at the Smart Built Environment Forum in

delivery model that replaces traditional

mobile engineering service, providing small

Riyadh, introduces a modern, technology-

static on-site arrangements with rapid

and medium enterprises (SMEs) with direct

enabled model designed to address the

response engineering teams.

access to professional, data-driven building

evolving needs of SMEs across the Kingdom.

maintenance delivered with greater speed,

Helping SMEs manage their

READ FULL ARTICLE HERE

10 PIF News

PIF News 11

PIF AND JLL PARTNER IN FMTECH INVESTMENT

AWS & HUMAIN BOOST AI PARTNERSHIP WITH NVIDIA

JLL acquires stake in FMTECH to boost Saudi facilities management sector growth.

HUMAIN deploys NVIDIA GB300s and AWS

PIF and JLL announced JLL is acquiring a

Trainium chips for global AI innovation.

significant stake in the Saudi Facility Management

Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company

Company (FMTECH),PIF will maintain a majority

(NASDAQ: AMZN), and HUMAIN, a Public Investment Fund (PIF)

stake in FMTECH. The transaction is expected to

company delivering global full-stack AI solutions, announced

close subject to customary closing conditions.

today at the U.S.-Saudi Investment Forum their plans to provide,

Launched by PIF in 2023, FMTECH is a national

deploy and manage up to 150,000 AI accelerators in a data center

integrated facilities management company, serving PIF

facility known as an “AI Zone” in Riyadh. As part of the expanded

portfolio companies as well as public and private sector

partnership, AWS will become HUMAIN’s preferred AI partner

clients across Saudi Arabia. The investment allows JLL

globally, and the two companies will collaborate to bring AI

to expand its service capabilities in the Saudi market,

compute and services from Saudi Arabia to customers worldwide.

while building on the existing relationship with PIF.

READ FULL ARTICLE HERE

READ FULL ARTICLE HERE

PIF, SITE, MICROSOFT SIGN SOVEREIGN CLOUD PACT

QSAS LAUNCHES ALSIRAH GARDENS PROJECT IN SAUDI ARABIA

QSAS complements other PIF investments in the entertainment and leisure sector.

HRH Prince Salman bin Sultan bin Abdulaziz Al Saud, Governor of the Madinah Region, has laid the foundation

Parties explore secure cloud services

of Microsoft’s sovereign-cloud services

that enable governments and highly

for Saudi digital transformation

in Saudi Arabia, seeking to enhance the

regulated industries across the world to

and data security.

security, confidentiality and sovereignty

adopt cloud while maintaining national

PIF, Saudi Information Technology

of data within Saudi Arabia and to access

controls over data, in line with the laws

The Alsirah Gardens cultural destination in Madinah focuses on

Company (SITE), and Microsoft today

cutting-edge cloud and AI technologies.

of specific regions and countries.

sirah, also known as the Prophetic Biography, through innovative

stone for the Alsirah Gardens project, a flagship initiative of QSAS, the PIF company developing immersive storytelling experiences inspired by Saudi heritage and Islamic history.

announced the signing of a memorandum of

Microsoft brings extensive experience

experiences that integrate nature, architecture, spirituality

understanding (MoU) to explore the delivery

in delivering sovereign-cloud capabilities

and knowledge. It will provide visitors, pilgrims, and Umrah performers with a unique opportunity to delve into the key

READ FULL ARTICLE HERE

READ FULL ARTICLE HERE

moments of the sirah, presented through a contemporary lens.

12 Appointments

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Appointments 13

Dr. Sultan Almorqi appointed Managing Director of RTX’s Raytheon Saudi Arabia

Paul Jones Sector Lead Commercial & Real Estate, EMEA, at HDR, Inc.

We are pleased to announce the appointment

strategy in the Kingdom—accelerating

We are pleased to announce the appointment

the Middle East. He joins HDR from a global

of Dr. Sultan Almorqi as Managing

localization, industrial participation and

of Paul Jones as Sector Lead – Commercial

engineering consultancy where he held

Director of Raytheon Saudi Arabia (an

programme execution to support the

& Real Estate, EMEA, at HDR, Inc..

senior leadership roles focused on business

RTX business). With nearly thirty years

Kingdom’s national security ambitions. “His

of experience across government and

extensive expertise and deep understanding

With over 20 years of consultancy experience

new role, Paul will support HDR’s Building

industry, Dr. Almorqi joins from Saudi

of the Saudi defence and technology

in the UK commercial property sector, Paul

Engineering Services team to further expand

Arabian Military Industries (SAMI) where

ecosystem make him the ideal leader for

now takes responsibility for strengthening

the firm’s market position, leveraging his

he led the Advanced Electronics Division.

our long-standing partnership with Saudi

HDR’s commercial property portfolio and

deep regional expertise and track record of

driving growth across the UK, Europe and

delivering complex real-estate projects.

Arabia,” says Chander Nijhon, Vice-President He will guide Raytheon Saudi Arabia’s

of Strategy & International at Raytheon.

development and project delivery. In his

CONNECT ON LINKEDIN

SOCIALEYEZ Strengthens Saudi Arabia Team with Appointment of Raneem Alhassoun as Strategy Manager

Dr. Rukn Eldeen - Special Projects Principal, Omrania

CONNECT ON LINKEDIN

Omrania has appointed Dr. Rukn Eldeen

chapter in Omrania’s evolution within

as Special Projects Principal, a strategic

the 10N collective, combining the firm’s

SOCIALEYEZ has appointed Raneem

in data-driven strategy development, cross-

leadership role that will see him drive

deep regional expertise with expanded

Alhassoun as Strategy Manager to bolster

functional campaign management, and

design integrity, operational strategy, and

access to global collaboration and cross-

its growing operations in Saudi Arabia,

building long-term client relationships.

niche ventures across the practice. Bringing

disciplinary innovation. With 10N Managing

reinforcing the agency’s strategic expansion

Her appointment underscores SOCIALEYEZ’s

more than two decades of multidisciplinary

Principal Tim Martin overseeing the

in the Kingdom’s dynamic market. In her

commitment to investing in local talent

experience, Dr. Rukn strengthens Omrania’s

group, this leadership alignment further

new role, Raneem will lead strategic growth

and deepening client partnerships. The

ability to deliver high-impact, future-

advances Egis Group’s vision of uniting

initiatives, enhance service offerings, and

move marks another significant step in

focused projects aligned with the firm’s

world-class architectural talent to create

drive impactful, insight-led marketing

strengthening the agency’s footprint and

longstanding commitment to excellence.

sustainable, meaningful solutions for

campaigns tailored to client needs. She

supporting the Kingdom’s fast-evolving

The appointment marks a pivotal

cities and communities worldwide.

brings over six years of experience from

digital and creative landscape.

CONNECT ON LINKEDIN

leading marketing agencies, with expertise

DHL Global Forwarding Strengthens Leadership in Middle East & Africa with Appointment of Tobias Maier as CEO DHL Global Forwarding has appointed

CEO of Saloodo! Middle East & Africa, the

Tobias Maier as Chief Executive Officer for

company’s digital freight platform. Tobias

Mahmoud Abughazal has been appointed

Managing Principal, Tim Martin, remarked,

the Middle East & Africa, effective December

has been instrumental in driving mergers

Corporate Architectural Principal at With

“Our strength lies in bringing together

1, 2025, reinforcing strategic growth across

and acquisitions, expanding operations in

more than 25 years of experience at Omrania,

distinct practices that share the same

key markets. Maier succeeds long-serving

Saudi Arabia, UAE, Algeria, and Ethiopia, and

he now leads the firm’s architectural,

ambition … ensuring that design integrity,

regional leader Amadou Diallo and brings

launching initiatives such as the RailDirect

interior, masterplanning, and landscape

client trust, and local knowledge continue to

extensive experience in finance, digital

joint venture with Etihad Rail. His leadership

teams, ensuring each project reflects the

define how our studios operate and grow.”

innovation, and strategic expansion after

is expected to further strengthen DHL’s

company’s legacy of design excellence.

joining DHL in 2008. Most recently, he served

regional footprint and digital transformation.

as CFO for the Middle East & Africa and

His leadership is especially timely: 10N’s

CONNECT ON LINKEDIN

ISSUE 44

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Mahmoud Abughazal, LEED AP Omrania, part of the 10N Collective.

14 COVER STORY - DAC GROUP

DRIVING DAC GROUP’S COMMERCIAL FUTURE IN AN EXCLUSIVE INTERVIEW, MOHAMED MAGDI DISCUSSES GROWTH, STRATEGY, AND LEADERSHIP SHAPING SAUDI ARABIA’S BUILT ENVIRONMENT.

COVER STORY - DAC GROUP 15

16

I

COVER STORY - DAC GROUP

COVER STORY - DAC GROUP

17 17

n this exclusive interview, Saudi Projects speaks with Mohamed Magdi

about his role in shaping the company’s commercial direction, driving revenue growth, and ensuring DAC Group remains a key player in the Kingdom’s evolving built environment.

Mohamed Magdi is a results-oriented executive leader and Chief Executive Officer of DAC Group, recognized for driving organizational growth, accelerating innovation, and delivering measurable business impact. A strategic visionary, he brings deep expertise in designing and executing transformative strategies that strengthen market positioning and unlock sustainable value.

Since assuming the role of CEO, Mohamed has spearheaded a decisive shift in DAC Group’s strategic direction, resulting in a 40% increase in profitability and a significantly expanded market footprint. His leadership is marked by a strong focus on operational excellence, high-performance team development, and disciplined execution across complex, multisector operations. Previously, his work in strategic leadership roles delivered notable achievements, including a 50% increase in market share through high-impact partnerships and a 60% improvement in project success rates through enhanced project governance.

accountability, and long-term value.

from chasing volume. We are very selective

suppliers, and our site teams. That

about where we invest our time and resources.

interaction provides real insight into market

Known for his integrity-driven leadership

For DAC Group, our role is evolving from

style and forward-thinking mindset,

being a specialized contractor to becoming

The second priority is consistency. Clients

Mohamed excels in building resilient

a trusted delivery partner for technically

return when they know they will receive the

At the same time, we rely on performance

organizations, strengthening compliance,

demanding projects. We focus on areas where

same level of quality and professionalism

data, project feedback, and global

and fostering a culture of accountability,

execution quality truly matters, particularly

every time. Finally, people remain the

benchmarks to guide decision-making.

innovation, and continuous improvement.

in industrial, logistics, infrastructure, and

foundation of everything we do. Building strong

When experience on the ground is combined

challenges and emerging opportunities.

specialized works. Our aim is simple: to

teams, empowering leaders, and creating

with structured analysis, you can move

VISION AND STRATEGY

support the Kingdom’s ambitions by delivering

clear alignment across the organization

proactively rather than reactively.

SAUDI PROJECTS: How do you see DAC

projects that are well engineered, properly

is what enables long-term growth.

Group's role evolving in Saudi Arabia's

executed, and built to perform over time.

SAUDI PROJECTS: What sectors or MARKET INSIGHTS

projects do you believe hold the most

SAUDI PROJECTS: What are your top

SAUDI PROJECTS: How do you stay

promise for DAC Group's growth?

priorities for driving commercial growth and

ahead of market trends and identify new

positioning DAC Group as a market leader?

opportunities in a competitive landscape?

Vision 2030 has raised expectations across

MOHAMED MAGDI: The first priority is focus.

MOHAMED MAGDI: Staying close to the

strong opportunities, particularly with the

the entire construction industry, not

Sustainable growth comes from working in

market is essential. I spend a lot of time

Kingdom’s focus on manufacturing, supply

only in terms of scale, but also in quality,

sectors where we genuinely add value, not

engaging directly with clients, consultants,

chains, and industrial development.

construction sector, particularly with Vision 2030 initiatives underway?

MOHAMED MAGDI: Saudi Arabia is going

MOHAMED MAGDI: Industrial, logistics, and infrastructure projects continue to offer

through a very real and visible transformation.

18

COVER STORY - DAC GROUP

COVER STORY - DAC GROUP

MOHAMED MAGDI: Digital transformation

Through this approach, we aim to

will continue to change how projects

deliver projects that perform efficiently

are planned, monitored, and controlled.

throughout their lifecycle and contribute

Data-driven decision-making will become

positively to the built environment.

19 19

standard across the industry.

LEADERSHIP AND TALENT DEVELOPMENT That said, technology will never replace

SAUDI PROJECTS: What advice would

experience. The future belongs to

you give to aspiring commercial leaders

companies that combine digital tools

looking to make an impact in Saudi

with strong engineering judgment

Arabia's construction industry?

and disciplined execution on site.

MOHAMED MAGDI: Focus on the SUSTAINABILITY AND SOCIAL

fundamentals. Understand the business,

RESPONSIBILITY

respect the technical side, and never

SAUDI PROJECTS: How does DAC Group

compromise on integrity. This industry

incorporate sustainability and social

rewards consistency, resilience, and trust.

responsibility into its projects and operations?

Continuous learning is also essential, as MOHAMED MAGDI: Sustainability starts with

the market continues to evolve quickly.

doing the job right the first time. Durable solutions, efficient use of materials, and

SAUDI PROJECTS: How does DAC

minimizing rework all contribute directly

Group prioritize talent development

to better environmental outcomes.

and leadership succession planning?

Social responsibility is equally important.

MOHAMED MAGDI: We believe strong

We invest in our people, maintain high

organizations are built from within. We

safety standards, and support local

identify potential early, invest in development,

talent development. Our responsibility

and give our people real responsibility

extends beyond individual projects to

so they can grow through experience.

the communities where we operate.

We also see growing demand for specialized

time to understand our clients’ priorities and

appreciation letter, which we value greatly as

INNOVATION AND TECHNOLOGY

works where quality, durability, and technical

aligning our delivery accordingly. This approach

it reflects genuine confidence in our people.

SAUDI PROJECTS: How is DAC Group

SAUDI PROJECTS: What initiatives

not titles. Our objective is to ensure

discipline are critical. These are the areas

builds confidence and long-term collaboration.

leveraging technology and innovation to

is the company taking to reduce

capable leaders are always prepared

enhance project delivery and client experience?

its environmental footprint?

to step forward when needed.

where DAC Group has built its reputation and where we see long-term value.

CLIENT RELATIONSHIPS

For us, true partnership is when a client feels

Succession planning is about readiness,

SAUDI PROJECTS: Can you share

comfortable enough to simply pick up the

an example of a successful client

phone and ask for support, knowing we will

MOHAMED MAGDI: We view technology

MOHAMED MAGDI: Reducing our

partnership and how it was nurtured?

respond immediately and responsibly.

as a practical tool, not a trend. From

environmental footprint is an ongoing process.

planning systems and execution

We continually refine our construction

SAUDI PROJECTS: How do you build and maintain strong relationships with

MOHAMED MAGDI: One of our strongest

The same approach applies to other valued

equipment to quality monitoring and

methods to reduce waste, improve material

clients, and what sets DAC Group apart?

partnerships is with Agility Logistics, who today

clients such as Al-Jomaih Beverage Plant

performance tracking, technology helps

efficiency, and minimize rework, all of which

us reduce risk and improve accuracy.

have a direct environmental impact.

consider DAC Group as both their current and

Company and the CEER Factory. Over the

MOHAMED MAGDI: Strong relationships

future partner. This relationship was built

years, many of our clients have shared

are built on trust, transparency, and

gradually on trust, word of mouth, and on

appreciation letters with us, each representing

For clients, this means better visibility, fewer

We also adopt modern technologies that

delivery. We are always honest with our

making commitments that we were confident

a successful story built on consistency,

surprises, and outcomes that align with

help lower CO₂ emissions and introduce

DAC GROUP

clients and clear in our communication,

we could deliver, and then delivering on them.

commitment, and mutual respect.

expectations. When used correctly, technology

innovative solutions that improve operational

+966 12 658 6686

strengthens both delivery and trust.

efficiency. In addition, DAC Group is a Gold

especially when challenges arise.

On our most recent project together, the client

At DAC Group, we deliver with responsibility,

What differentiates DAC Group is our mindset.

was very satisfied with the quality of execution,

with the right attitude, and with

SAUDI PROJECTS: What role do you

commitment to sustainable construction

We do not approach projects as transactions.

the attitude of our teams, and the standards

uncompromising quality. This is what gives

see digital transformation playing in

and responsible development.

We approach them as partnerships, taking the

we delivered. This resulted in a formal

us a real edge in a competitive market.

shaping the future of construction?

Member of the USGBC, which reflects our

VISIT WEBSITE EMAIL US

20 INDUSTRY SECTOR - MABANI GROUP

MABANI GROUP REDEFINES CONSTRUCTION THROUGH INTEGRATED EXCELLENCE A UNIFIED SAUDI ECOSYSTEM DELIVERING TRANSPARENT, INNOVATIVE, END-TO-END CONSTRUCTION AND INDUSTRIAL SOLUTIONS.

INDUSTRY SECTOR - MABANI GROUP 21

22

INDUSTRY SECTOR - MABANI GROUP

M

ABANI, BUILDING PEOPLE,

INDUSTRY SECTOR - MABANI GROUP

23 23

PROJECTS, AND A BETTER FUTURE

With a heritage built over more than 25 years, Mabani Al Jazeera Group has become one of the region’s most respected and future-focused construction partners. Rooted in values of transparency, professionalism, and trust, the Group has consistently delivered solutions that empower clients, strengthen communities, and shape the evolution of the Kingdom’s built environment. Today, Mabani’s mission remains clear: connect the right people with the right solutions to build a better, more efficient future for Saudi Arabia and beyond.

For Mabani, values are more than a corporate

FARIS MUDTHIR

principle, they are the foundation of every decision, every solution, and every

delivering projects from concept to completion.

his integrity, honesty, and commitment

efficient and transparent ecosystem

 DEVELOP Integrated engineering,

with global standards such as ISO

to human advancement, Faris provides

that elevates performance, ensures

procurement, and construction planning

9001, TAKWEEN ensures reliability,

among clients, partners, employees, and

The Group covers a full spectrum of services

leadership focused on long-term growth,

quality, and enhances service delivery

coordinated across disciplines.

consistency, and superior performance.

the wider society, the Group continues to

from feasibility studies, conceptualization,

operational excellence, profitability,

for public and private sector clients.

 DELIVER On-time execution aligned

champion progress through integrity-driven

architectural and engineering design, civil

and sustained value creation.

leadership and transformative execution.

and electromechanical works, financing,

achievement. By inspiring confidence

MABANI FOR PROJECTS IS THE

with international standards of

SAFETY FIRST

quality, safety, and sustainability.

People are the heart of TAKWEEN’s operations.

procurement, equipping, furnishing,

In the dynamic world of construction where

GROUP’S CORE ENGINE

Mabani believes it was created to solve real

installation, and operational management. Its

challenges are persistent and expectations

With decades of accumulated experience,

This holistic approach positions Mabani for

safety training, protective equipment, and

challenges across the public, private, and

turnkey approach is designed to give clients

are high, Faris distinguishes himself through

Mabani for Projects has grown into a full-

Projects as a dependable partner capable

HSE-driven workflows to ensure operational

governmental sectors, particularly those

peace of mind while ensuring exceptional

calm resolve, agility, and optimism. “I deal

service EPC and design-build provider

of transforming vision into reality.

well-being and long-term sustainability.

related to project delays, inefficiencies, unclear

quality and stakeholder satisfaction.

with every crisis with flexibility and always

capable of delivering projects across

The company invests heavily in continuous

look for ways to exceed expectations,” he

the entire lifecycle, from feasibility and

TAKWEEN METAL INDUSTRIES

ENVIRONMENTAL COMMITMENT

needs project partners that are transparent,

LEADERSHIP ROOTED IN HUMANITY

explains. For him, leadership is not just about

concept development to engineering,

IS STRENGTHENING THE

TAKWEEN also embraces environmental

accountable, and focused on delivering

AND DETERMINATION

building structures; it is about building people,

procurement, construction, and handover.

INDUSTRIAL BACKBONE

responsibility, reducing emissions,

on time and within budget,” the company

Guiding this robust ecosystem is Faris

strengthening the industry, and leaving behind

As the industrial arm of the Group,

minimizing waste, and ensuring energy-

emphasizes. This vision has shaped Mabani

Mudathir, Chief Executive Officer of Mabani

a legacy rooted in purpose and perseverance.

VISION AND PURPOSE

TAKWEEN Metal Industries plays a critical

efficient operations to support a cleaner,

into a comprehensive partner capable of

Al Jazeera Group. A visionary known for

Mabani’s purpose is deeply rooted in elevating

role in bridging construction requirements

greener construction ecosystem.

A FULLY INTEGRATED ECOSYSTEM

industry standards, driving transparency, and

with advanced steel and metal solutions.

POWERING TOMORROW’S CONSTRUCTION

delivering excellence. The company aims to

Established to address the market’s need

A STRATEGIC ADVANTAGE FOR THE GROUP

Mabani Al Jazeera Holding Group serves

build better communities by bringing ideas to

for a reliable, quality-driven industrial

By providing in-house industrial capabilities,

as an umbrella organization overseeing

life through world-class solutions that reflect

partner, TAKWEEN supports both Mabani’s

TAKWEEN enhances Mabani’s speed, quality,

three highly specialized entities that

both professionalism and human impact.

internal operations and external clients.

and cost efficiency—creating a competitive

processes, and rising costs. “The region

work together seamlessly to provide THE 4D DELIVERY METHOD

QUALITY AS A CULTURE

Mabani for Projects implements a

TAKWEEN practices a quality-first philosophy

Mabani for Projects: Engineering,

structured methodology to ensure

rooted not in inspection, but in culture.

design-build, and EPC services

precision and predictable outcomes:

Quality is applied at every step from

MABANI AL JAZEERA GROUP

sourcing trusted international suppliers to

+966 92 003 1827

end-to-end construction solutions: 

advantage unmatched in the region.

 Mabani Trading: Building materials, timber, and supply solutions 

 DEFINE Clear understanding of the project

controlled storage, precision fabrication,

scope, objectives, budget, and timeline.

and continuous operational improvement.

VISIT WEBSITE

and engineering solutions that optimize

With advanced machinery from Germany,

EMAIL US

efficiency and performance.

Sweden, and Italy, and systems aligned

TAKWEEN Metal Industries: Steel products, metal fabrication, and industrial services

Together, these entities form a highly



DESIGN Buildable, BIM-based architectural

24 INDUSTRY SECTOR - RITCHIE BROS. MIDDLE EAST.

EMPOWERING SAUDI ARABIA'S CONSTRUCTION BOOM STREAMLINE YOUR EQUIPMENT MANAGEMENT WITH RITCHIE BROS. GLOBAL MARKETPLACE AND REGIONAL EXPERTISE IN THE MIDDLE EAST.

INDUSTRY SECTOR - RITCHIE BROS. MIDDLE EAST. 25

26 INDUSTRY SECTOR - RITCHIE BROS. MIDDLE EAST.

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INDUSTRY SECTOR - RITCHIE BROS. MIDDLE EAST. 27

ith major infrastructure, transport and giga-projects accelerating across

the Kingdom, Saudi construction companies need fast, reliable and transparent ways to manage their equipment fleets. Ritchie Bros., the world’s largest auctioneer of heavy equipment and trucks, offers Saudi contractors a global platform, regional expertise and proven results across the Middle East.

Saudi Arabia’s construction industry is entering one of the most dynamic periods in its history. Fleets are growing, project cycles are accelerating, and contractors are under pressure to make smarter decisions about when and how to move machinery on. In this shifting landscape, Ritchie Bros. has emerged as a trusted ally, offering the Kingdom’s builders a clearer, more efficient way to manage the heavy equipment that keeps the country’s transformation moving.

The biggest advantage for Saudi sellers is market reach. Every item listed with Ritchie Bros. is marketed to hundreds of thousands of registered buyers across the Middle East, Africa, Europe, Asia and America. This competitive buyer pool often drives stronger price realization than traditional dealer or private-sale channels, giving sellers confidence that they are achieving true market value.

RITCHIE BROS. AUCTION YARD IN DUBAI

Ritchie Bros.’ presence in the Middle East anchored by its Dubai site gives Saudi

managed the relocation of 133 items from

contractors convenient regional access to

cranes and cabins to smaller equipment to

valuations, logistics support and full asset

another Emirate. They coordinated dismantling

management services. The team already works

crews, on-site contractors, crane services,

closely with several large Saudi businesses

and transportation, while navigating multi-

looking to optimize their fleets or dispose of

Emirate regulations. Several units qualified as

surplus assets ahead of new project cycles.

abnormal loads, requiring special permits and

Regional expertise supports complex logistics and tight deadlines

strong. Ritchie Bros. offers a broad selection

unreserved auctions, an online marketplace

of heavy equipment across multiple brands

24/7 and a specialized heavy equipment listing

and models in one place. Buyers can access a

website, Saudi companies can choose the

detailed online report with photos and videos,

channel that best aligns with their timelines,

and they also have the option to inspect the

and financial goals. Combined with deep

equipment onsite before the auction. This

market insights drawn from millions of data

level of transparency and access provides

points, Ritchie Bros. offers a level of guidance and certainty unmatched in the region.

nighttime police escorts, all secured in record

“In this region, expectations are high,” says

construction contractors confidence when

A recent fleet-disposal project in Dubai

time thanks to the team’s local expertise.

Shirin Bazargan, Operations Manager at Ritchie

sourcing machinery for major civil engineering,

showcased the strength of Ritchie Bros.’ full-

The entire fleet was dismantled, transported,

Bros. Middle East. “Our customers trust us

infrastructure, or industrial projects.

service model. With only one week to clear

and delivered to the Ritchie Bros. yard

because we deliver exactly what we promise

a yard due to an expiring lease, the team

within the deadline, allowing the consignor

valuations, clean documentation, and smooth

With multiple selling formats, including

com to arrange fleet assessments, receive

to avoid penalties and proceed with the

logistics from yard to buyer. That consistency is

valuations or participate in upcoming auctions.

upcoming Dubai auction. The result was a fully

what keeps contractors coming back, reinforced

executed project that exceeded expectations,

by our capacity to match each asset with the

reinforcing the company’s ability to deliver

right buyer and ensure payment is secured.”

Full-service fleet disposal removes operational risk for contractors

Global buyers drive stronger equipment resale values

even in demanding market conditions.

For Saudi buyers, the benefits are equally

Transparent auctions give buyers confidence in every purchase

Saudi construction firms can connect directly with the Middle East team via www.rbauction.

RITCHIE BROS. MIDDLE EAST. +971 4 812 0600

For a market moving at the speed of the Kingdom’s development ambitions, Ritchie Bros. provides the reach, reliability and results that modern contractors depend on.

VISIT WEBSITE

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INDUSTRY SECTOR - SYRIA'S ENERGY FUTURE

REBUILDING SYRIA’S ENERGY FUTURE A NATION REBUILDS ITS ENERGY INFRASTRUCTURE AFTER YEARS OF CONFLICT.

BY CONTRIBUTOR: HAISSAM CHAAR

INDUSTRY SECTOR - SYRIA'S ENERGY FUTURE

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INDUSTRY SECTOR - SYRIA'S ENERGY FUTURE

O

ne year after the conflict ended, Syria

INDUSTRY SECTOR - SYRIA'S ENERGY FUTURE

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continued to face significant damage

to its energy infrastructure. In 2011, the country’s power generation capacity reached nearly 10 gigawatts. After 14 years of war, it had fallen to just 2–3 gigawatts. Roughly 30 percent of the transmission network was also destroyed, severely disrupting power distribution and grid stability.

Despite recent maintenance on power plants and substations, cities across Syria continue to face multi-hour power outages. Progress in restoring generation and transmission capacity remains slow due to challenges like funding shortages, a weakened workforce, and a lack of essential spare parts.

In recent years, photovoltaic systems paired with battery storage became increasingly common across the country. While their capacity remained limited, typically powering only essential household or industrial loads, these off-grid setups unexpectedly boosted the share of renewable energy in

HAISSAM CHAAR, CONTRIBUTOR

Syria’s electricity mix, positioning it among the highest in the region. The next logical step would be gradually integrating this installed capacity into the national grid through bidirectional electricity meters.

To help close the generation gap and meet

Massive investment is critical to restoring national power capacity

rising demand, the Syrian Ministry of Energy signed a major concession contract with

and were forced to pivot toward consumer

involvement is already growing as new

goods or simpler services just to survive. Even

working groups form across multiple sectors.

a year after the conflict’s end, this retailfocused mindset still dominated the market.

After more than five decades of political and economic isolation, Syria is beginning to open

Human capacity building will be pivotal

its doors. This creates a rare opportunity for

in overcoming these systemic gaps.

early investment and long-term strategic

an international consortium led by Qatar’s

continue to slow progress. International

Engineers, technicians, and managers

partnerships. Among the early pioneers are

UCC Holding to build and operate eight

companies often need months for internal

require additional training in governance,

Saudi Arabia and Qatar, both recognizing the

power plants totaling 5 gigawatts. Valued

approvals, risk assessments, and compliance

teamwork, empowerment, and critical

country’s reconstruction potential and actively

at $7 billion, the deal marked an important

procedures. Before any project can begin,

thinking to effectively support reconstruction

engaging in its energy transformation.

move toward a sustainable, public-private

feasibility studies, financing structures, and

efforts. Syria’s young population shows a

development model. In addition, Saudi Arabia’s

regulatory frameworks must be aligned.

strong eagerness to learn, and the Syrian

ACWA Power signed a joint development

diaspora includes many highly qualified

agreement with the Syrian government to

Major projects also depend on extensive

explore roughly 2.5 gigawatts of solar and

subcontractor networks. Supply chains inside

wind capacity, including detailed studies

Syria must be rebuilt, logistics re-established,

of existing plants and the national grid.

and industrial capacity expanded. Local contractors, materials, equipment, and skilled

Large-scale investment remains essential

labor all require renewed support. During the

for reconstruction, yet executing such

conflict, the country’s B2B sector contracted

projects is still fraught with challenges.

sharply due to a lack of investment. Many

The lingering effects of former sanctions

specialized firms faced severe brain drain

professionals willing to contribute. Their

International approvals delay major reconstruction project timelines

SYRIYA'S ENERGY FUTURE +963 959 899 702 (WHATSAPP) EMAIL US

32

INDUSTRY SECTOR - EMCOTECH

EMCOTECH POWERING MIDDLE EAST INFRASTRUCTURE WITH MEP EXCELLENCE DELIVERING ADVANCED ELECTROMECHANICAL AND FACILITYMANAGEMENT SOLUTIONS ACROSS THE REGION.

INDUSTRY SECTOR - EMCOTECH

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INDUSTRY SECTOR - EMCOTECH

I

n the dynamic world of Middle East construction, EMCOTECH stands out

as a specialist in electromechanical (MEP)

INDUSTRY SECTOR - EMCOTECH

Projects span towers, resorts, malls and industrial complexes

contracting and facility services, delivering everything from design and installation to maintenance and commissioning.

In 2025, EMCOTECH Arabia took part in BIG

Founded originally in Egypt in 2003,

5 Construct Saudi 2025, one of the region’s

EMCOTECH has since expanded regionally,

largest construction exhibitions underlining its

launching operations in Qatar in 2010 and

ambition to stay at the forefront of innovation,

establishing a Saudi Arabia branch in 2012.

sustainability, and industry collaboration.

EMCOTECH’s core business covers a wide range

Behind EMCOTECH is a clearly articulated

of MEP services: HVAC systems, plumbing,

mission and vision which is integrate advanced

fire-fighting, medical-gas systems, LPG and

technology and sustainable practices across

fuel systems, power systems, low-current

projects; to serve as a catalyst for positive

works, swimming pools, water fountains and

transformation in MEP and infrastructure; and

integrated automation solutions. The firm

to emerge as an international construction

serves a diverse set of sectors from district-

group adhering to global standards, while

cooling plants to hotels, healthcare, shopping

remaining client-focused and agile.

malls, residential developments, educational buildings, infrastructure and industrial facilities.

What distinguishes EMCOTECH is not just breadth but consistency. The company

Delivering HVAC, fire, power and plumbing systems turnkey

markets itself as privately owned, fully licensed and insured with a methodical growth strategy emphasizing client satisfaction and long-term relationships. The company

For Saudi Arabia (and across the Gulf),

values honesty, integrity, accountability,

EMCOTECH represents a class of mid-

excellence and timely execution.

size specialist firms that bridge the gap between global engineering standards and

EMCOTECH’s recent projects reflect a growing

regional construction demand. As large-

footprint and a steadily increasing project

scale urban, residential, hospitality, and

pipeline. Among the more prominent works are:

industrial projects continue to grow under the ambitious Vision 2030, companies like

 Sumou Tower in Jeddah, Saudi Arabia, a signature development

EMCOTECH, with their MEP-centric expertise, stand to play a critical supporting role.

featuring full MEP scope.  Sumou Gate in Al Madinah, KSA, another major project under the

contractors and full-service construction

company’s Saudi portfolio.

majors, EMCOTECH’s value lies in focused

 Bab Al Qasr Residence C31 at Yas Bay,



ENG. SHREIF FARAG, CEO

In a landscape crowded with general

technical execution, consistency, and

Abu Dhabi, reflecting EMCOTECH’s

adaptability, qualities that appeal

reach beyond Saudi into the UAE.

to developers seeking reliable MEP

Industrial works such as the

partners for complex builds.

CEERWheel & Tire Factory in King Abdullah Economic City showing their credentials in heavy infrastructure.

Committed to quality, time, budget and safety EMCOTECH WATCH EMCOTECH VIDEO HERE.

+966 12 658 6686 VISIT WEBSITE

Leading MEP contractor across Gulf since 2003

EMAIL US

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INDUSTRY SECTOR - DAC GROUP

BUILDING THE FUTURE OF URBAN LIVING DAC GROUP IS REDEFINING SUSTAINABILITY THROUGH INTEGRATED MEP SYSTEMS IN SAUDI ARABIA’S URBAN TRANSFORMATION.

INDUSTRY SECTOR - DAC GROUP

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INDUSTRY SECTOR - DAC GROUP

INDUSTRY SECTOR - DAC GROUP

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s Saudi Arabia accelerates its transformation under Vision 2030,

DAC Group is setting new benchmarks in sustainable urban development. Through advanced MEP integration, innovative planning, and a deep commitment to environmental stewardship, the company is helping shape the Kingdom’s next generation of smart, efficient, and resilient cities.

PIONEERING A SUSTAINABLE URBAN FUTURE DAC Group, a leader in large-scale urban planning and development management, stands at the forefront of Saudi Arabia’s transformation. Through its expertise in sustainable MEP (Mechanical, Electrical, and Plumbing) systems, the company is redefining how integrated development contributes to the Kingdom’s Vision 2030. Its holistic approach to planning and execution is driving a new era of energy-efficient,

to implementing energy-efficient systems

a mixed-use complex that exemplifies

“We are constantly exploring ways to

eco-friendly projects that will shape Saudi

that reduce environmental impact.”

the future of sustainable urban living.

integrate the latest technologies to ensure our

Designed to meet the highest environmental

buildings operate efficiently and sustainably,”

Arabia’s skyline for decades to come.

DAC’s sustainable MEP solutions enhance

standards, it incorporates energy-efficient

said Mohamed. “For example, the use of

As the Kingdom accelerates its ambitions to

operational efficiency and environmental

systems, green spaces, and advanced water

solar energy systems in our residential and

become a global hub for business, culture,

performance. Utilizing renewable energy,

conservation technologies. DAC Group’s

commercial developments helps reduce

and innovation, DAC Group remains deeply

high-efficiency HVAC systems, and intelligent

vision for sustainability and integrated

both energy costs and emissions.”

committed to sustainability. By combining

building management technologies, the

MEP design ensures the project not only

forward-thinking planning, development

company ensures its developments operate

meets but exceeds the expectations

By embedding renewable energy and

management, and MEP services, the

with minimal carbon footprint while

of both developers and residents.

energy-efficient technologies in its projects,

company is not only building the cities of

maintaining comfort and reliability.

tomorrow but ensuring they are designed for a greener, more resilient future.

MOHAMED MAGDY, DAC CEO

DAC supports Saudi Arabia’s national goal

is vital to the realization of Vision 2030.

only reducing environmental impact but also improving the quality of life for residents.

The company’s end-to-end development

of reducing dependence on fossil fuels.

Their collaborative approach is helping

“We understand the importance of reducing the

management approach ensures seamless

This proactive approach positions the

shape the urban future of Saudi Arabia.”

carbon footprint of our developments,” added

coordination across planning, design, and

company as a leading contributor to the

URBAN TRANSFORMATION THROUGH

Mohamed. “Our projects are not just buildings—

execution. By aligning every stage with

Kingdom’s clean energy transition.

SUSTAINABLE MEP INTEGRATION

they are spaces designed to support healthier,

sustainability goals, DAC delivers projects on

Sustainability lies at the core of DAC Group’s

greener lifestyles for generations to come.”

schedule, within budget, and to the highest

COLLABORATION FOR A

standards—cementing its role as a trusted partner in Saudi Arabia’s rapid urbanization.

operations from the earliest design stages

“We are building more than just buildings— This ability to coordinate across multiple

we are building the future of Saudi Arabia,”

stakeholders ensures DAC’s projects

concluded Mohamed. “Our passion for

consistently meet the highest standards of

sustainability drives every project, ensuring

SUSTAINABLE FUTURE

quality, safety, and efficiency. Its reputation

that the cities we create today will continue

DAC Group’s success also stems from its strong

for reliability and innovation continues

to thrive for generations to come.”

to final delivery. Each project integrates

POWERING VISION 2030 THROUGH

advanced MEP solutions that minimize energy

STRATEGIC PROJECTS

collaboration with both public and private

to make it a partner of choice for large-

consumption, optimize water use, and reduce

DAC Group is a key contributor to Saudi

INNOVATION DRIVING EFFICIENCY AND VALUE

sector partners. The company works closely

scale urban developments nationwide.

environmental impact, aligning with both

Arabia’s Vision 2030, helping diversify

At the heart of DAC Group’s success is its

with government agencies, developers, and

international standards and local regulations.

the economy and build world-class

commitment to innovation. The company’s

contractors to ensure that every project

SHAPING THE NEXT GENERATION

DAC GROUP +966 12 658 6686

infrastructure. Its projects span residential,

integration of smart building technologies

aligns with national sustainability goals while

OF URBAN LIVING

“Our mission is to create urban spaces that

commercial, and mixed-use developments,

allows for intelligent energy management,

serving the needs of local communities.

As Saudi Arabia continues to invest in large-

not only serve today’s needs but are built

each one reflecting the Kingdom’s drive

while renewable solutions such as solar

for the future,” said Mohamed Magdi, CEO

for sustainability and innovation.

power reduce long-term operational

A senior government official remarked,

DAC Group is helping lay the foundation for

costs and environmental impact.

“DAC Group’s commitment to sustainable

a more sustainable urban future. Its focus on

development and integrated MEP solutions

integrated, energy-efficient systems is not

of DAC Group. “Sustainability is at the core of everything we do, from planning layouts

A standout example is Sumou Towers,

scale infrastructure and smart city initiatives,

VISIT WEBSITE EMAIL US

40

INDUSTRY SECTOR - DUCORR SAUDI ARABIA

DUCORR SAUDI ARABIA ENGINEERING CORROSION‑RESILIENT INFRASTRUCTURE FOR THE KINGDOM’S FUTURE.

INDUSTRY SECTOR - DUCORR SAUDI ARABIA

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INDUSTRY SECTOR - DUCORR SAUDI ARABIA

INDUSTRY SECTOR - DUCORR SAUDI ARABIA

s Saudi Arabia accelerates the delivery of giga-projects, industrial zones,

ports, and coastal developments, long-term asset protection has become a strategic priority. Corrosion, while often unseen, poses one of the greatest risks to infrastructure durability, safety, and lifecycle cost.

In this feature, SAUDI PROJECTS highlights Ducorr Saudi Arabia, a specialist engineering company delivering advanced cathodic protection and corrosion monitoring solutions across the Kingdom. With a growing local presence and a portfolio spanning marine, industrial, and urban developments, Ducorr is playing a vital role in ensuring Saudi infrastructure is built not only to scale but to last.

In the world of critical infrastructure, corrosion

and design, followed by in‑house

This integrated approach allows Ducorr to

is a silent but relentless adversary. Protecting

manufacturing, expert installation, and

maintain quality control, meet demanding

steel structures from marine terminals to

thorough testing and commissioning.

project schedules, and tailor solutions to

industrial plants, pipelines to reinforced

Long‑term monitoring ensures continued

site‑specific environmental conditions.

concrete is essential for longevity, safety, and

performance throughout the asset lifecycle.

economic efficiency. Ducorr Saudi Arabia is addressing this challenge head‑on, delivering engineered cathodic protection and corrosion monitoring solutions that safeguard some of the Kingdom’s most strategic assets.

PROTECTING INFRASTRUCTURE FROM CORROSION EXPERTS IN CATHODIC PROTECTION SOLUTIONS Ducorr is a specialist corrosion‑engineering company providing end‑to‑end cathodic protection systems for infrastructure exposed to aggressive marine, soil, and industrial environments. The company operates on a

Corrosion is invisible until it isn’t. Ducorr engineers’ protection from day one

These systems are critical for infrastructure

the Middle East, Ducorr has earned a reputation

WHAT DUCORR DOES

 Onshore and offshore pipeline protection

for delivering technically robust solutions

Ducorr designs and implements cathodic

that extend asset life, reduce maintenance

protection systems that prevent corrosion

costs, and improve long‑term performance.

by controlling electrochemical reactions on

and underground storage tanks

precision with practical execution. Each

steel and reinforced concrete structures.

 Concrete corrosion monitoring for

project begins with detailed assessment

vertically integrated model, managing the full lifecycle of corrosion protection from design and manufacturing to installation, commissioning, and long‑term monitoring.

With more than 15 years of experience across

basements, bridges, and foundations

where failure is not an option.

Ducorr’s solutions are engineered for CORE SERVICES INCLUDE:

longevity, with systems capable of protecting

 Marine cathodic protection for ports,

assets for up to 50 years, while minimizing

jetties, and offshore structures

installation time and operational disruption.

for oil, gas, and water networks  Corrosion protection for above‑ground

HOW DUCORR DELIVERS Ducorr’s delivery model combines engineering MOHAMED SHEREF, OPERATIONS DIRECTOR

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INDUSTRY SECTOR - DUCORR SAUDI ARABIA

INDUSTRY SECTOR - DUCORR SAUDI ARABIA

SAUDI ARABIA EXPANSION

Ducorr’s growing Saudi portfolio reflects

LEADERSHIP & VISION

Through its local presence, engineering

In line with Saudi Arabia’s accelerating

its versatility across multiple sectors:

Ducorr was founded by Hassan Sheikh, Chief

expertise, and proven project delivery,

Executive Officer, whose vision is to simplify

Ducorr Saudi Arabia is positioned as a key

infrastructure agenda, Ducorr has Oxagon Terminal 1, NEOM – Advanced

and standardize corrosion protection while

partner in building resilient, long‑lasting

permanent local presence in the Kingdom.

cathodic protection systems for marine

improving long‑term asset performance.

infrastructure for the Kingdom’s future.

The Saudi entity operates in partnership

steel structures within one of the Kingdom’s

Under his leadership, the company has

with DAC Group (Daman Group),

most strategic port developments.

focused on making cathodic protection

Sumuo Tower, Jeddah – Corrosion

systems easier to design, install, and operate.

established Ducorr Arabia, creating a

providing localized engineering, project





protection for high‑rise foundations

execution, and after‑sales support.

Delivering turnkey HVAC, fire, power, and plumbing systems

and underground utilities.

In Saudi Arabia, Ducorr Arabia is led by

Saudi Detergent Factory – Integrated

Mohamed Magdi, CEO, ensuring strong local

DUCORR SAUDI ARABIA

serve mega‑projects, industrial developments,

corrosion mitigation solutions for industrial

governance, technical expertise, and alignment

+966 13 887 8888

and coastal infrastructure aligned with Vision

tanks, pipelines, and process equipment.

with national development priorities.

This expansion strengthens Ducorr’s ability to



VISIT WEBSITE

2030, offering faster response times and long‑term warranties of up to 30 years.

MAJOR PROJECTS IN THE KINGDOM

These projects demonstrate Ducorr’s

As Saudi Arabia advances its portfolio

capability to operate across harsh marine

of giga‑projects, ports, industrial zones,

environments, dense urban developments,

and urban developments, corrosion

and demanding industrial settings.

protection is becoming a strategic necessity.

EMAIL US

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PROJECT FOCUS - BUNA HOLDING

BUILDING TOMORROW TOGETHER CELEBRATING GROWTH, SAFETY, AND TEAM SPIRIT.

PROJECT FOCUS - BUNA HOLDING

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PROJECT FOCUS - BUNA HOLDING

PROJECT FOCUS - BUNA HOLDING

UNA Holding, a pioneering vertically integrated company

driving real estate development, consultancy, construction, and facilities management across the Kingdom, unveiled the latest edition of its vibrant employee newsletter, Buna Pulse: Building Tomorrow Together.

As a key player in Saudi Arabia's transformative urban landscape, BUNA Holding delivers turnkey solutions aligned with Vision 2030, emphasizing precision, innovation, and sustainable growth.

Under the leadership of Group CEO Eslam Radwan, the company specializes in infrastructure and superstructure EPC projects, intelligent facility management powered by cutting-edge technology, and a dedicated Construction Innovation Hub that accelerates delivery by up to 30% through digital twins and net-zero roadmaps. With a commitment to clientcentric collaboration and long-term value creation, BUNA Holding shapes high-impact environments for partners including Agility, Ajlan & Bros, and Sumou Holding, fostering economic progress while prioritizing environmental stewardship. to stay vigilant in demanding environments.

This edition of Buna Pulse arrived at a pivotal

content marketing planning, and business

than a snack break, it served as a reminder

etiquette. A session on Advanced Excel with

that simple gestures of care could brighten

moment, reflecting BUNA’s renewed brand

Reinforcing this ethos, Mohammed Sajid,

AI Analytics was scheduled for November

days and strengthen team spirit.

identity that united growth, collaboration,

Environment, Health, and Safety Manager,,

to unlock AI’s potential in the workplace.

and a forward-looking vision. “Through every

shared an insightful piece titled “Safety

story and update shared here, we celebrated

Isn’t a Department, It’s the Foundation.” He

From the People & Culture Desk, Ask the Expert

First,” the newsletter celebrated seven

the people, projects, and partnerships that

emphasized that true progress in construction

offered practical wisdom on small habits

new joiners across departments, including

Attendees gained tools to build resilience,

readers could explore the company’s

shaped who we were and drove us toward

meant ensuring everyone went home safe, an

that delivered a big impact. Organizational

Architectural Engineer Abdulmalik Talal,

recharge, reflect, and learn, complete with

latest updates and initiatives.

a more innovative and sustainable future,”

approach built on trust, accountability, and

Excellence Manager Nora Mousatafa shared tips

Construction Manager Ehab Hashem, and

giveaways to support a healthier mindset.

said Eslam Radwan, CEO of BUNA Holding.

proactive risk prevention. “We aimed every

such as unplugging for a few minutes to stretch,

Business Development Manager Mohamed

day to prevent risks before they happened

breathe, or step outside for clarity; prioritizing

Awad. HR Announcements also introduced the

Buna Pulse also showcased standout employee

Highlighting the company’s unwavering focus

and to lead with consistency and care,

the top three tasks daily for continuous

appointment of professional fitness trainer

achievements, including Employees of the

on excellence, the newsletter spotlighted

because when safety was strong, everything

improvement; and ending each week by

Capt. Ahmed Abd El Lateif, who was hired

Month IT Engineer Ahmed Shalaby and

remarkable safety milestones in the HSE &

else ran better,” Mohammed noted.

reflecting on one win and one improvement

to deliver tailored sessions exclusively for

Procurement Engineer Mahmoud Magdy,

area. “Great things were done by a series of

the team, enriching ongoing development

and captured evocative moments such

BUNA HOLDING

small things brought together,” Nora advised.

programs and elevating workplace wellbeing.

as the Photo of the Month from Historic

+966 12 658 6686

Safety Corner. BUNA achieved a new company

Under the banner “Together We Grow: People

ESLAM RADWAN, GROUP CEO

For more on BUNA Holding's transformative

record of 303 days without incidents, coupled

Empowering its workforce, BUNA’s

with 98% safety compliance in the latest

Training & Development section honored

inspection. The Safety Tip of the Month urged

Top Learner Hind Asri, who completed

Adding a refreshing touch, Fruit Day at BUNA

The FeelRight Mental Health Programme

teams to use temperature and humidity

more than 70 hours of professional

brought teams together around a colorful

featured a special BUPA session in November

monitoring tools to assess heat-stress levels

development in public speaking, effective

spread of fresh fruits, promoting wellness,

focused on managing stress through

For more on BUNA Holding’s transformative

and post precaution signs, reminding workers

leadership, creative problem-solving,

healthy habits, and positive energy. More

mindfulness and proper work-life balance.

projects and people-centric culture,

Jeddah, where every alley told a story and every window whispered history.

projects and people-centric culture,

VISIT WEBSITE EMAIL US

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NEW BALAD MURABBA HOSPITALITY INVESTMENT 50 PROJECT FOCUS - AL

AL BALAD UNVEILS $3.6 BILLION HOSPITALITY INVESTMENT TRANSFORMING HISTORIC JEDDAH INTO A GLOBAL TOURISM AND CULTURAL HUB.

PROJECT FOCUS - AL BALAD PROJECT HOSPITALITY FOCUS - NEW INVESTMENT MURABBA 51

NEW BALAD MURABBA HOSPITALITY INVESTMENT 52 PROJECT FOCUS - AL

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l Balad Development Company, a Public Investment Fund (PIF)

Al Balad Development - Jeddah

PROJECT FOCUS - AL BALAD PROJECT HOSPITALITY FOCUS - NEW INVESTMENT MURABBA 53

JAMIL HASSAN GHAZNAWI, CHIEF EXECUTIVE OFFICER

company and the master developer leading the revitalization of Historic Jeddah, has launched an ambitious $3.6 billion investment portfolio to develop hospitality assets in the heart of Al Balad. The announcement was made during the TOURISE Global Summit, held in Riyadh in November 2025, where global tourism leaders gathered to unite efforts, innovate solutions, and drive transformative investments in the sector.

Spanning the years 2025 to 2038, the investment plan will deliver more than 3,300 hotel keys across a diverse range of categories from midscale to luxury. The portfolio will be executed through flexible investment and financing models that include public–private partnerships, investment funds, and joint ventures. This milestone represents a vital step in enhancing the district’s tourism and cultural appeal while fostering sustainable economic growth.

Jamil Hassan Ghaznawi, Chief Executive Officer of Al Balad Development Company, commented: “This announcement represents a qualitative step in the journey to develop Historic Jeddah, combining leadership in development with empowering the private sector to create sustainable investment opportunities in a unique heritage environment. Through it, we aim to develop a hospitality experience

projects that breathe new life into one of

that reflects the authenticity of the place

the Kingdom’s most treasured districts,

and meets visitors’ aspirations.”

transforming Historic Jeddah into a thriving urban ecosystem where heritage, commerce,

The initiative underscores Al Balad

and creativity coexist seamlessly.

Development Company’s commitment to preserving the architectural and cultural

Discover how Al Balad Development Company

identity of Historic Jeddah while contributing

is redefining the future of heritage-driven

to the broader objectives of Saudi Vision

urban development in Saudi Arabia.

2030. By attracting strategic investment and advancing the tourism, hospitality, and culture sectors, the company aims to position Al Balad as a vibrant global destination and a living

AL BALAD DEVELOPMENT COMPANY

showcase of Saudi heritage and innovation.

VISIT WEBSITE

As a PIF company, Al Balad Development Company continues to implement landmark

NEW MURABBA & LEISURE CONSTRUCTION 54 PROJECT FOCUS - HOSPITALITY

SAUDI ARABIA’S HOSPITALITY BOOM IN VISION 2030 HOW THE KINGDOM’S LEISURE CONSTRUCTION IS TRANSFORMING TOURISM THROUGH GIGAPROJECTS AND LUXURY HOTELS.

PROJECT FOCUS - HOSPITALITY PROJECT & LEISURE FOCUS -CONSTRUCTION NEW MURABBA 55

PROJECTFOCUS FOCUS- -NEW HOSPITALITY MURABBA& LEISURE CONSTRUCTION 56 PROJECT

S

audi Arabia is experiencing a profound transformation in its hospitality and

PROJECT FOCUS - HOSPITALITY PROJECT & LEISURE FOCUS -CONSTRUCTION NEW MURABBA 57

?

leisure construction sector, a central pillar in realizing Vision 2030. For decades reliant on oil, the Kingdom is now fostering a thriving tourism economy by building integrated resorts, pilgrimage infrastructure, and entertainment destinations. This article explores the objectives behind these projects, who is building them, the target markets for the hotels, and the design forces shaping their interiors.

VISION 2030 OBJECTIVES AND HOSPITALITY DEVELOPMENT At the heart of Saudi Arabia’s Vision 2030 is economic diversification, and hospitality is a key lever. The Kingdom is targeting 310,000 hotel rooms by 2030, backed by nearly US$110 billion in investment.

Mega-projects such as Neom, the Red Sea Project, Qiddiya, and Masar Destination are under construction to attract international tourists, high-net-worth visitors, and pilgrims. For example:  Masar, adjacent to the Grand Mosque in Mecca, is being developed to host up to 24,000 hotel rooms.  Rua Al Madinah is planning 47,000 hotel rooms by 2030, primarily to accommodate pilgrims.  The Red Sea Project envisions luxury island resorts catering to wealthy global travelers.

These initiatives strongly support Vision 2030

 Red Sea International Company (RSI) has

goals: economic growth, job creation (especially in

secured contracts with Webuild (Italy) to

tourism and construction), and cultural openness.

deliver prefabricated accommodation,

MAJOR CONTRACTORS AND BUILDERS Several major construction firms, both local and international, are driving this hospitality surge.



is redeveloping the Jeddah historic district

Given the scale and ambition of these

into a cultural-heritage tourism hub.



interior design strategy that balances luxury

developments, international design studios and

Mecca and Medina like Rua Al Madinah

with cultural authenticity, the Kingdom is

specialist hospitality interior teams are regularly

and Masar are built to accommodate the

positioning itself as a world-class destination

including staff camps, modular

INTERIOR DESIGN & DECORATIVE VISION

contracted to deliver high-end finishes, wellness

millions of Umrah and Hajj pilgrims, with a

for wealthy tourists, spiritual travelers, and

housing, and amenities at Neom.

While specific interior design firms for

spaces, galleries, and culturally rooted motifs.

mix of moderate to premium hospitality.

families alike. As these developments come

On the design and supervision side,

all projects are still emerging publicly,

 Families & Mass-Market Visitors: Integrated

online, they will redefine not only how Saudi

firms like MAB Consulting oversee

there are notable examples:

technical supervision and commissioning  Saudi Binladin Group (SBG) plays a central

 Pilgrims: Massive developments around

for NEOM’s hospitality villages.

 Raffles Makkah Palace, a luxury hotel

role in many giga-developments.

overlooking the Grand Mosque, was designed

Bouygues Construction, the French

by Areen Hospitality, a London-based firm.

TARGET AUDIENCE IS LUXURY,

destinations like Qiddiya are family-friendly,

Arabia hosts its guests, but how the world

PILGRIMS & FAMILIES

combining entertainment, sports, and cultural

perceives the Kingdom’s identity and ambitions.

The hospitality construction boom

attractions with a range of hotel options.

targets three main segments: Saudi Arabia’s hospitality and leisure

multinational, is active in major

Locally, Al-Ula Development Company, wholly

 For eco-luxury resorts, many projects

leisure projects like Qiddiya.

owned by the Public Investment Fund (PIF),

emphasize sustainability and local

projects, especially along the Red Sea and

resort development, it is a strategic engine of

is transforming the historic city of Al-Ula

architectural heritage, blending modern

in Neom, are ultra-luxury resorts aimed

Vision 2030, designed to reshape the nation’s

contributing its expertise in infrastructure,

into a luxury tourism destination. Al Balad

design with traditional elements to

at global elite travelers seeking wellness,

economic future. With giga-projects built by

engineering, and project management.

Development Company, also PIF-backed,

create a uniquely Saudi aesthetic.

privacy, and cutting-edge design.

major global and domestic contractors, and an

 Bechtel is deeply involved in Neom,

 Luxury High-Net-Worth Tourists: Many

construction boom is much more than flashy

ALULA DEVELOPMENT COMPANY VISIT WEBSITE

58

PROJECT FOCUS - RGS ADDRESSING PAYMENT RISK

ADDRESSING THE CONSTRUCTION SECTOR’S PAYMENT RISK A MEASURED APPROACH TO PAYMENT TRANSPARENCY AND CONTRACTUAL RESILIENCE.

PROJECT FOCUS - RGS ADDRESSING PAYMENT RISK

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60

PROJECT FOCUS - RGS ADDRESSING PAYMENT RISK

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XECUTIVE SUMMARY In the Gulf construction market,

PROJECT FOCUS - RGS ADDRESSING PAYMENT RISK

61

>>>>>>>>>>>>>>>>>>>>

extended payment cycles repeatedly convert contractors and service providers into unintended creditors. While contractual documents may appear balanced, deferred payments—often exceeding 90 days—shift working capital burdens onto contractors, undermining margins, operational continuity, and commercial trust.

RGS has confronted this issue directly. Rather than accept the industry’s tacit acceptance of late payment as a norm, the company implemented a structured, commercial approach—Business for Business (B4B)— that treats payment behavior as an early indicator of partner viability and project risk.

THE OPERATIONAL REALITY Project delivery frequently presents a dual narrative. On site, schedules are met, safety briefings occur, and teams perform efficiently.

ASH T. ARSHAD, GENERAL MANAGER

In finance, however, the same projects are characterized by repeated payment delays: 

Invoices progress through approval cycles

when clients demonstrate genuine

Resilient firms will be those that apply

short-term liquidity constraints.

consistent, principled commercial discipline:

at Day 60, Day 75, Day 90 and beyond. 



accepting projects where the economic

Suppliers and subcontractors

“As partners share risk, they must also

foundation is sound and declining or

are paid by contractors who have

share candour,” Mr. Arshad observed. “Late

restructuring engagements where it is not.

not yet received funds.

payments are an operational reality; denial is

Financial teams shoulder payroll,

what undermines long-term collaboration.”

supply chain, and logistics obligations

Project success should be measured by more

to avoid disrupting delivery.

“We commence projects in good faith,”

liquidity risk through the supply chain.

said Ash T. Arshad, General Manager, RGS. “Too often, clients do not adhere to agreed

CONCLUSION

 Suppliers are pressured into discounts

These measures inform project selection,

than built outcomes; it must also reflect

contractual terms, and credit management—

equitable treatment of all contributors.

identify clients with histories of

ambiguous contractual terms, and

preserving both commercial viability

By treating payment behavior as a leading

late payment, frequent disputes,

ineffective dispute-resolution procedures.

and constructive client relationships.

indicator of relationship health and applying clear, commercially sound policies, RGS

or chronic cash constraints.

payment terms. Continuing work preserves

to accelerate cash collection,

COMMERCIAL MEASURES AND

THE STRATEGIC QUESTION

seeks to ensure projects are delivered

the project, but it also places disproportionate

compressing already narrow margins.

patterns to distinguish transactional

PARTNERSHIP PRINCIPLES

Contractors routinely focus on technical

effectively—and that those who deliver them

These practices do not merely affect cash flow;

outliers from systemic behaviours.

B4B is predicated on transparency and

delivery—safety, schedule, scope, and

are compensated fairly and sustainably.

proportional allocation of commercial

resourcing. A parallel, less frequently asked

risk. RGS’s practical measures include:

question is critical to long-term resilience:

 Open discussions of cash-flow

If contractors persistently absorb their clients’

financial risk on the contractor.”

 Analyzed sectoral and client-level

they erode trust and convert project meetings SYSTEMIC PRACTICES AND

into de facto financial reconciliations.

THEIR CONSEQUENCES

assessment: are we engaging with a

Common commercial practices

EARLY DETECTION AND RISK MAPPING

exacerbate the issue:

RGS treated payment behavior as a measurable

 Late payment has become routine “Pay when paid” arrangements cascade

client or financing their operations?

expectations prior to mobilization.

The company catalogued principal risks—late

project governance processes accordingly:

payments, bad debt, disputes, concentration

Preference for milestone-based billing over

risk, and manual billing errors—and traced

undifferentiated lump-sum arrangements.

 Developed customer profiles to

their root causes to onboarding deficiencies,

payment delays, at what point do they themselves become the principal financial risk?

risk factor and redesigned its pre-contract and rather than exceptional. 

 Instituted a critical pre-project

 Structured, negotiated payment plans

RGS addressed that question proactively and adjusted its commercial behaviour.

VISIT WEBSITE EMAIL US

62

PROJECT FOCUS - RGS PAYMENT RISK

ADDRESSING THE CONSTRUCTION SECTOR’S PAYMENT RISK A MEASURED APPROACH TO PAYMENT TRANSPARENCY AND CONTRACTUAL RESILIENCE.

PROJECT FOCUS - RGS PAYMENT RISK

63

64

PROJECT FOCUS - RGS PAYMENT RISK

I

PROJECT FOCUS - RGS PAYMENT RISK

65

n the Gulf construction market, extended payment cycles repeatedly

convert contractors and service providers into unintended creditors. While contractual documents may appear balanced, deferred payments often exceeding 90 days shift working capital burdens onto contractors, undermining margins, operational continuity, and commercial trust.

RGS has confronted this issue directly. Rather than accept the industry’s tacit acceptance of late payment as a norm, the company implemented a structured, commercial approach, Business for Business (B4B) that treats payment behavior as an early indicator

The company catalogued principal risks, late

resourcing. A parallel, less frequently asked

of partner viability and project risk.

payments, bad debt, disputes, concentration

question is critical to long-term resilience.

risk, and manual billing errors and traced THE OPERATIONAL REALITY

their root causes to onboarding deficiencies,

If contractors persistently absorb their clients’

Project delivery frequently presents a dual

ambiguous contractual terms, and

payment delays, at what point do they

narrative. On site, schedules are met, safety

ineffective dispute-resolution procedures.

themselves become the principal financial risk?

In finance, however, the same projects are

COMMERCIAL MEASURES AND

RGS addressed that question proactively

characterized by repeated payment delays.

PARTNERSHIP PRINCIPLES

and adjusted its commercial behavior.

briefings occur, and teams perform efficiently.

 

B4B is predicated on transparency and

Resilient firms will be those that apply

Invoices progress through approval cycles

proportional allocation of commercial

consistent, principled commercial discipline:

at Day 60, Day 75, Day 90 and beyond

risk. RGS’s practical measures include:

accepting projects where the economic

Suppliers and subcontractors are paid by

foundation is sound and declining or

contractors who have not yet received funds 



Financial teams shoulder payroll, supply chain, and logistics obligations

restructuring engagements where it is not.

Preference for milestone-based

Project success should be measured by more

billing over undifferentiated

than built outcomes; it must also reflect

lump-sum arrangements

equitable treatment of all contributors.

Structured, negotiated payment plans

By treating payment behavior as a leading

Manager, RGS. “Too often, clients do

when clients demonstrate genuine

indicator of relationship health and applying

not adhere to agreed payment terms.

short-term liquidity constraints

clear, commercially sound policies, RGS



to avoid disrupting delivery 

Open discussions of cash-flow expectations prior to mobilization

“We commence projects in good faith,” said Ash T. Arshad, General



Continuing work preserves the project,

seeks to ensure projects are delivered

but it also places disproportionate

“As partners share risk, they must also

effectively and that those who deliver them

financial risk on the contractor.”

share candour,” Mr. Arshad observed. “Late

are compensated fairly and sustainably.

payments are an operational reality; denial is SYSTEMIC PRACTICES AND

what undermines long-term collaboration.”

THEIR CONSEQUENCES Common commercial practices

discounts to accelerate cash collection,

RGS treated payment behavior as a measurable

Analyzed sectoral and client-level

These measures inform project selection,

exacerbate the issue.

compressing already narrow margins

risk factor and redesigned its pre-contract and

patterns to distinguish transactional

contractual terms, and credit management,

project governance processes accordingly.

outliers from systemic behaviors

preserving both commercial viability

 

Late payment has become routine

These practices do not merely affect cash flow;

rather than exceptional

they erode trust and convert project meetings

“Pay when paid” arrangements cascade

into de facto financial reconciliations.

liquidity risk through the supply chain 

Suppliers are pressured into

EARLY DETECTION AND RISK MAPPING



RESA GULF SCAFFOLDING (RGS)

and constructive client relationships. 

Developed customer profiles to



VISIT WEBSITE

Instituted a critical pre-project

identify clients with histories of

assessment: are we engaging with a

THE STRATEGIC QUESTION

late payment, frequent disputes,

client or financing their operations?

Contractors routinely focus on technical

or chronic cash constraints

delivery, safety, schedule, scope, and

EMAIL US

66 GBB EVENT - THE FUTURE OF REAL ESTATE

19TH REAL ESTATE DEVELOPMENT SUMMIT SAUDI ARABIA – LUXURY EDITION A LANDMARK GATHERING SHAPING THE FUTURE OF REAL ESTATE, INVESTMENT, SUSTAINABILITY & DESIGN.

GBB EVENT - THE FUTURE OF REAL ESTATE 67

68 GBB EVENT - THE FUTURE OF REAL ESTATE

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GBB EVENT - THE FUTURE OF REAL ESTATE 69

he 19th Real Estate Development

Jalal Al Kurdi, Commercial Director

Nicolás Otero, Business Development

Established in 2021 with Public Investment

Led by:

operations, and new financing frameworks

Summit Saudi Arabia – Luxury Edition

– HH Shaker, unveiled the launch of

Manager – BIOO, introduced breakthrough

Fund support, the Kingdom’s carbon exchange

Siddharth Peters, Co-Founder

enabling public-private partnerships, while

successfully concluded after two days of

Midea Shaker Company (MSA), a joint

biotechnology capable of transforming green

has rapidly become one of the world’s

– Love That Design

merging technology with cultural identity.

high-level exchange, strategic collaboration,

venture marking a transformational

spaces into producers of electricity, water

largest, enabling corporations to accelerate

and global networking, bringing together

step in manufacturing localization.

savings, cooling, and interactive experiences.

net-zero commitments. The session framed

Panellists:

INVESTMENT & RETURNS OUTLOOK: SAUDI

sustainable real estate as an environmental



more than 800 leaders, investors, and

Kristina Zanic, Founder & CEO –

decision makers shaping the future of the

The project begins with a 20,000 sqm facility

Through systems such as biopanels,

obligation, regulatory requirement, financial

Kingdom’s rapidly evolving built environment.

with capacity for 650,000 AC units annually,

bioswitch installations, and bioluminescent

opportunity, and national expectation

Held under the theme “Together Towards

expanding to 85,000 sqm with components

landscapes, and with implementation

supporting Vision 2030 ambitions.

Tomorrow,” the summit showcased the

manufacturing including compressors and

readiness and ROI within 5–7 years, these

unprecedented transformation underway

robotics. Supporting giga-projects such as

innovations position Saudi Arabia at the

FROM SMART TO HUMAN-CENTRIC:

& Business Development – Banyan

across Saudi Arabia, where the real estate

NEOM, Red Sea, and Qiddiya, the facility

forefront of biotech-powered cities.

THE NEW ARCHITECTURE PARADIGM

Tree Hotels & Resorts

and construction pipeline has surpassed $2

will generate employment, raise installation

trillion, redefining global standards of

standards, and establish Saudi Arabia as a

REDEFINING LUXURY THROUGH

development, hospitality, and innovation.

regional export hub for the GCC and Levant.

LEGACY AND EXCLUSIVITY

ARABIA’S EVOLVING REAL ESTATE LANDSCAPE

Kristina Zanic Consultants 

Mira Alassaad, Deputy Head of Technical & Head of Interior Design – Dar Global





Dharmali Kusumadi, SVP – Design

Rachel Johnson, Managing Principal – Wimberly Interiors



Dalia Muhndis, Executive Director – Interior Designer, Diriyah Company

A MILESTONE MOMENT FOR INVESTMENT

ART AS EXPERIENCE: REDEFINING CULTURAL

The discussion emphasized storytelling,

Matthew Green, Head of Research – CBRE

& SUSTAINABILITY LEADERSHIP

STORYTELLING IN DEVELOPMENT

cultural heritage, sensory connection,

MENA, presented a 2025 outlook highlighting

wellness, community, and indoor–outdoor

Saudi Arabia’s continued economic momentum

living as fundamental design priorities.

driven by regulatory reform, infrastructure expansion, and global events including Riyadh

INNOVATION SHAPING THE REAL Ron Bakker, Co-Founder – PLP Architecture,

In the welcome address, Ravi Kumar Chandran,

Osan Ghaddaf, Founder and Creative Director

Founder & Managing Director – GBB Venture, as

– Artevo Consulting, demonstrated how art

the organizer, highlighted the launch of

transforms destinations into living cultural

the summit’s first dedicated investment track,

experiences rather than decoration.

featuring over 200 global investment leaders,

Expo 2030 and the 2034 FIFA World Cup.

ESTATE PROJECTS OF TOMORROW

presented a shift from purely sustainable

Real estate accounts for approximately

Tetyana Kovalenko, Founder & Chairwoman –

and smart buildings toward human-

12% of national GDP, with Riyadh office

Elite Stone Srl., explored the pillars of luxury:

centred architecture, using research-

markets operating at 98% capacity and

legacy, worldwide recognition and branding,

based design and biophilia to create

achieving 15% annual rent growth.

uncompromising quality, limited availability

spaces that inspire connection.

Residential development is accelerating with

and exclusivity, and high economic value.

200,000 units planned by 2030, supported Global mixed-use projects in Rotterdam,

by white land tax, private credit, and

She referenced her 2,000-year-old quarry

Tokyo, London, and Riyadh illustrated

increased sovereign fund participation.

in Italy, which incorporates all the true

how public realm quality, mobility, and

elements of luxury in its products.

integrated lifestyles drive city vitality.

PARTNERSHIP ANNOUNCEMENTS

and announced a strategic partnership

With landmark projects across the region

with VCM to ensure the event achieved net-

including The Red Sea, Diriyah Gate,

CARBON MARKETS DRIVING SAUDI

REDEFINING LUXURY THROUGH

Estate Projects of Tomorrow”, moderated

zero emissions through carbon measurement,

Rosewood, and the Qatar National Museum,

ARABIA’S NET-ZERO MOMENTUM

STORYELLING AND SENSORY DESIGN

by John Fekete, General Manager – CBRE

reduction, and offsetting, reinforcing Saudi

Artevo highlighted the power of storytelling

PANEL: “ART OF ENHANCING EXPERIENCES”

Saudi Arabia, explored technology’s

Arabia’s leadership in sustainability.

and experiential installations in shaping

The panel “Innovation Defining the Real

& SIGNING CEREMONIES

role in reshaping development.

distinctive luxury developments.

LOCALIZATION & INDUSTRIAL EXPANSION In a major industry announcement,

Speakers included: BIOTECH INNOVATION POWERING



THE CITIES OF TOMORROW

Eng. Faisal bin Abdulrahman Alnasser, CEO – Al-Andalus Properties



Mohammed Habis, CEO – Al Gharbia Development & Investment Company

 Miklós Veszprémi, Senior Strategic Partnerships

Arch. Mohammed K. Alduraibi, Managing Director – Oud Real Estate Company

Manager – VCM, elaborated on the growing

The panel explored the evolving meaning of

Akram Omar, Chief Development

The summit hosted multiple signing

role of carbon credits and the Voluntary

experience in luxury hospitality, noting that

Officer – AWJ Holding Company

ceremonies celebrating major new

Carbon Market (VCM) in Saudi Arabia.

today’s travelers seek emotion, memory,

Key themes included AI integration, digital

and authenticity beyond physical luxury.

transformation across construction and



developments, including:

70 GBB EVENT - THE FUTURE OF REAL ESTATE

GBB EVENT - THE FUTURE OF REAL ESTATE 71

26H JEDDAH PROJECT

Visitor numbers surpassed 100 million in



A mixed-use landmark featuring:

2023, with a target of 150 million, while

Led by Susan Amawi, General Manager

 

Mohammad Arab, Group CEO – Arab Group

270-key Hilton Tempo Hotel

hotel capacity is set to grow from 170,000

KSA – Knight Frank, the panel emphasized

(first outside the USA)

to 358,000 keys. Key opportunities include

ESG, placemaking, and community value.

180 residential rental units

mid-scale hospitality, secondary cities,

7,000 sqm of retail space

and branded residences in holy cities.

GBB FUTURE MINDS PROGRAM This edition introduced the GBB Future

Signed by:  

THE GROWING APPEAL OF BRANDED

Minds Program, engaging 30 students from

RESIDENCES IN EGYPT

Effat University with global architects and

Alworoud Real Estate Investment Company

SAUDI ARABIA’S INVESTMENT

The session “Investment in Branded

designers, in collaboration with LWK + Partners,

Dr. Mostafa Mwafy, Co-

POTENTIAL BEYOND 2030

Residences in Egypt” featured:

Abdullah Mohammad Kamel, CEO –

Founder – LDP+Partners 

Nader Fouda, Co-Founder – LDP+Partners

PLP Architecture, and Alien Architecture.

The panel “Unveiling Saudi’s Investment An additional partnership involved AlJazira

Potential: Vision Beyond 2030”, moderated

Capital, Oud Real Estate Company, and land

by Charles Habak, Senior Partner –

ownership stakeholders for a luxury hotel and

McKinsey & Company, featured:

residential tower on Al Kurnaysh Road, Jeddah.

CONNECTING MANUFACTURERS



Mohamed Salah Mohamed Abdelhakim,

Sessions covered resilient cities, human-

CEO – A Capital Holding

centric design, and Saudi cultural

Dalia El Kordy, CCO – A Capital Holding

storytelling, concluding with workshops and student presentations.

Speakers discussed rising demand driven 

Walid Almurshed, CEO – Quara Holding

by investor confidence, premium living

RICA – SAUDI ARABIA’S PREMIER



Khalid Hassan Al Gahtani,

standards, and long-term resilience.

REAL ESTATE CHOICE AWARDS

& DISTRIBUTORS FOR HIGHIMPACT MARKET GROWTH



Chairman – Haka Group

The REDS Industry Choice Awards (RICA 2025)



Waleed Al Rashdan, CEO – Arbah Capital

BUILDING FOR LONG-TERM VALUE: SAUDI

celebrated excellence across Saudi Arabia’s



Mohamed El Samman, Group

ARABIA’S NEW DEVELOPMENT MODEL

real estate, architecture, and design sectors,

CEO – Rajhi Investment Co

The “Built for Returns” panel examined Vision

with 59 nominees across 15 categories.

The discussion highlighted a shift from

2030’s shift toward mixed-use, sustainable

speculative to value-driven development,

developments backed by institutional capital.

with opportunities beyond major cities.

HOSPITALITY & TOURISM INSIGHTS GBB concluded by introducing a Net-Zero pathway for the summit in partnership with VCM, reinforcing a responsible, The Distributor–Manufacturer Meet

Notable winners included Roshn Group, Red

brought together leading manufacturers

Sea Global, Foster + Partners, Jeddah Front,

and distributors shaping Saudi Arabia’s

Desert Rock, and individual leadership awards.

expanding real estate supply ecosystem.

 Harmen De Jong, Regional Partner & Head

market alignment, and collaboration

of Consulting – Knight Frank, revealed

to support the Kingdom’s fast-growing

tourism spending has exceeded pre-

real estate and construction sectors.

COVID levels, now accounting for 6.1% of GDP, targeted to reach 10% by 2030.

 

2026 EVENTS CALENDAR For opportunities across Saudi Arabia,

Panellists:

The session enabled product discovery,

industry-led approach to climate action.

Ibrahim Alalwan, Managing

CLOSING PERSPECTIVE

UAE, and Africa, GBB invites interest via

Director – Watheeq Capital

Across discussions, a clear theme emerged:

marketing@gbbventure.com or through

Anas AlDowayan, CEO – Aldowayan

Saudi Arabia is one of the world’s most

its upcoming events platform.

Holding Company

dynamic real estate markets, driven by

Abdullah Kamel, CEO – Al Woroud

Vision 2030 ambition, institutional capital,

Real Estate Investment Company

innovation, and global confidence.

GBB EVENTS

VISIT WEBSITE

72 EVENTS - WORLD ARCHITECTURE FESTIVAL

INSIDE 2025 WORLD ARCHITECTURE FESTIVAL (WAF) JURY INSIGHTS ON QIDDIYA PERFORMING ARTS CENTRE WINS FUTURE CULTURAL PROJECT.

EVENTS - WORLD ARCHITECTURE FESTIVAL 73

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EVENTS - WORLD ARCHITECTURE FESTIVAL 75

t the 2025 World Architecture Festival

art” are being replaced by projects

(WAF) in Miami, Amir Idiatulin, Founder

that act as social catalysts generating

& CEO of IND and member of ISOCARP served

connections, activating public spaces,

as a jury member in the “Future Cultural

and fostering community engagement.

Project” category. His participation came one year after IND won the same category

“Gone are the days when cultural buildings

with its Creative Cluster in Riyadh. The shift

stood apart as isolated icons,” he says. “The

from laureate to juror offered a unique

most compelling projects today create

perspective on the world’s most influential

environments where people gather, interact,

architecture event and the evolving landscape

and co-create cultural experiences.”

of cultural architecture worldwide.

IND’s win in 2024, followed by the selection THE JUDGING PROCESS AND

of another Saudi-based project in 2025,

HOW A WINNER IS BORN

highlights the Kingdom’s growing influence

The jury consisted of three members:

on global cultural architecture.

Amir Idiatulin (IND, Dubai/Eurasia), Dr. Yael Reisner (UK), and Rena Sakellaridou,

“Our mission is to create environments

founder of RS SPARCH (Greece). Over a full

where architecture, culture, creativity, and

day, they evaluated 16 finalist presentations

community form a unified ecosystem and

in the Future Projects – Culture category,

WAF remains the most powerful platform to

representing 16 studios worldwide.

advance that vision,” says Amir Idiatulin.

“WAF’s format is demanding: 10 minutes to

IND AND AMIR IDIATULIN PROFILE

urban planning, residential, educational,

awards, including the WAF 2024 award for

present, 10 minutes for questions. In that

Amir Idiatulin is the founder and CEO of IND

social, and cultural initiatives. With a strong

Best Future Culture Project for a Сreative

short window, a project must reveal itself,

and a member of ISOCARP (International

focus on creativity and sustainability, IND’s

Сluster in Riyadh — one of the most

persuade, and leave a lasting impression,”

Society of City and Regional Planners)

portfolio includes museums, theaters, and

prestigious global honors in architecture.

says Idiatulin. “This marathon tests not only

exhibition centers across diverse cultures.

WORLD ARCHITECTURE FESTIVAL (WAF)

the architects but the strength of their ideas.

In 2008, at the age of 26, he established IND.

From the jury’s side, what becomes decisive is

Today, IND is an international architectural firm

Amir Idiatulin has received numerous

The World Architecture Festival (WAF),

clarity of graphics, a narrative that flows from

specializing in projects worldwide, including

international and Russian architectural

founded in 2008, is the world’s largest live

context to social impact to sustainability, and

awards program for architects and designers.

the energy with which the author speaks about

Gathering leading professionals from around

their work. Even the most brilliant concept can

the globe, WAF combines project presentations,

lose momentum if delivered without passion.”

live jury evaluations, exhibitions, and keynote discussions to celebrate excellence

One moment stood out as a paradox. The

and advance architectural innovation.

winner, the Performing Arts Centre for Qiddiya by Tom Wiscombe Architecture had one of the least polished presentations.

The speaker ran overtime and skipped key

AMIR IDIATULIN, FOUNDER & CEO OF IND

diagrams. Yet the project’s futuristic forms rising from the Tuwaiq cliffs, and its radically open structure blurring the line between

giga-projects. Designed as a capital for

Mountains. It signals Qiddiya’s ambition to

theatre and public space, left no doubt. “The

entertainment, sports, and culture, Qiddiya

become a global creative destination.

project spoke for itself,” says Idiatulin. “It

aims to redefine the Kingdom’s creative

didn’t need perfection in delivery to win.”

landscape. The center will feature three

CULTURAL ARCHITECTURE: FROM

venues with over 2,000 seats, each offering

MONUMENTS TO COMMUNITIES

QIDDIYA THE NEW CULTURAL EPICENTER

a 360° experience merging physical and

Reviewing all 16 finalist projects, Idiatulin

The Performing Arts Centre is part of Qiddiya

digital elements, integrated into sculptural,

observed a clear shift in cultural architecture.

City, one of Saudi Arabia’s most ambitious

adaptive architecture at the edge of the Tuwaiq

Traditional monumental “temples of

ARTYCHOKE +971 4 3466779 VISIT WEBSITE WAF World Buildings Director

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EVENTS - SPECTRUM LENS

SPECTRUM LENS SHOWCASES VISIONARY MEDIA LEADERSHIP WASEEM ASMAR ELEVATES REAL-ESTATE AND EVENT IMAGING WITH AWARD-WINNING CREATIVE AND TECHNICAL EXPERTISE.

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pectrum Lens, a leading provider of real-estate, architectural, and corporate

imaging solutions, proudly highlights the work and leadership of its co-founder, Waseem Asmar, whose distinguished career and creative vision continue to shape the company’s rapidly expanding presence across the region.

Spectrum Lens specializes in high-end realestate photography, architectural imagery, corporate video, construction time-lapse systems, documentary production, and full-scale event coverage. Through advanced technology and cinematic storytelling, the company delivers visual assets that elevate brands, document progress, and support large-scale development initiatives.

At the forefront of this work is Waseem Asmar, an engineer-photographer and media specialist with more than 25 years of experience. Waseem began his journey in film photography in 1996, expanding into digital photography and later founding his own brand, Symography, now aligned with Spectrum Lens offering services ranging from real-estate imagery to portraiture, product shoots, lifestyle visuals, and documentary filmmaking.

WASEEM ASMAR, SYRIA PROJECTS AND MARIA ARNOLD, SAUDI PROJECTS.

“Our mission at Spectrum Lens is to create visuals that do more than document, they drive value, tell stories, and preserve transformations that matter,” said Waseem Asmar, CoFounder of Spectrum Lens. “The Middle East is experiencing a new era of development, and we are committed to capturing it with

25+ years of professional photography and media experience

precision, creativity, and integrity.”

Award-winning realestate and architectural imagery expert

discuss reconstruction, infrastructure renewal,

Award-winning realestate and architectural imagery expert

and strategic development initiatives.

“Waseem’s ability to blend technical mastery with an intuitive storytelling approach is central to what makes Spectrum Lens so effective,” said a company spokesperson.

Hamburg (2009), and a Gold Medal for culture

“He captures not just structures, but

photography at the same festival (2010).

purpose, the people, the progress, and the promise behind every project.”

His recent activity includes coverage at major regional events, such as the GBB 19th REDS Summit, where he documented highlevel discussions, keynote sessions, and

Waseem’s portfolio is reinforced by multiple

interactions with top real-estate developers.

international recognitions, including first place

Waseem also covered the IMAR Summit in

in the Latakia in Photos competition (2009),

Damascus, focused on rebuilding Syria, an

a Silver Medal in architectural photography

event that brought together industry leaders,

at the Arab-European Photo Festival in

investors, and government stakeholders to

Coverage of major regional development summits

VISIT WEBSITE EMAIL US GBB 19TH REDS EVENT IN SAUDI ARABIA

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INTERIORS - ARTYCHOKE

CULTURAL STORYTELLING EARNS ARTYCHOKE TOP AWARD A LANDMARK RECOGNITION CELEBRATING CULTURAL STORYTELLING, CRAFTSMANSHIP, AND DESIGN INNOVATION AT NUJUMA, A RITZ-CARLTON RESERVE.

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rtychoke, one of the region’s most innovative art consultancies, has

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been named the winner of the 2025 CID MENA Award for “Best Use of Art in Interior Design”, an honor that highlights the studio’s outstanding work in delivering a

Over 600 bespoke art pieces crafted and installed in just one month

deeply authentic and culturally resonant art narrative for Nujuma, a Ritz-Carlton Reserve on Saudi Arabia’s Red Sea coast.

The prestigious annual awards program

by Commercial Interior Design celebrates excellence across the Middle East and North Africa’s design industry, spotlighting projects that push boundaries in creativity, craftsmanship, and storytelling. Among a highly competitive field, Artychoke’s submission distinguished itself through its meticulous approach to cultural interpretation, its ambitious scale of production, and its commitment to celebrating regional heritage through contemporary design.

A VISION ROOTED IN PROVENANCE AND PLACE Nujuma, the first Ritz-Carlton Reserve in the

with their environment and audience,”

remains committed to advancing the role of art

Middle East, represents a new benchmark

Artychoke said. “Art becomes truly

in shaping memorable experiences. The studio

in ultra-luxury hospitality, one that places

powerful when it deepens the sense of

continues to champion cultural storytelling

authenticity, nature, and cultural depth at its

place and creates emotional memory.”

through thoughtful curation, artisan

core. Artychoke’s role in shaping the artistic

collaboration, and innovative design practices A MILESTONE FOR THE REGION’S

that celebrate the richness of the region. As

profound. Tasked with capturing the spirit of

strongly contributed to Artychoke’s CID

on incredible local and regional talent,”

modern architecture and the region’s rich

DESIGN LANDSCAPE

Saudi Arabia accelerates its transformation

the Red Sea and the heritage of the Arabian

MENA win—was the studio’s collaboration with

the Artychoke team noted. “From natural

historical tapestry. These pieces serve not

Artychoke’s win is significant not only for

under Vision 2030, the importance of art in

Peninsula, the studio curated a collection that

Saudi and regional artisans. These partnerships

materials to time-honored craftsmanship,

merely as décor but as touchpoints that invite

the firm but for the broader evolution of

defining identity, narrative, and place has

is as meaningful as it is visually compelling.

not only elevated the authenticity of the work

every piece was designed to honor both the

reflection, discovery, and emotional resonance.

the design industry in Saudi Arabia and the

never been clearer. Artychoke’s achievement

but also reinforced the Kingdom’s fast-growing

hands that made it and the stories behind it.”

MENA region. As the Kingdom continues to

stands as a defining example of how creativity and culture can elevateworld-class design.

identity of the resort was both pivotal and

Within the span of just one month, Artychoke

creative economy, which is gaining strong

designed, crafted, and installed more than 600

global recognition under Saudi Vision 2030.

ART WITH PURPOSE, STORYTELLING

advance its creative, cultural, and tourism

CURATING AUTHENTIC ANTIQUES

IN LUXURY HOSPITALITY

sectors, award-winning projects like Nujuma

FROM ACROSS THE MIDDLE EAST

For Artychoke, the essence of the project

underscore the global calibre of talent and

feat of creative coordination. Each work

Artychoke worked closely with master

In addition to its contemporary commissions,

was never just about decorating spaces, it

innovation emerging from the country.

was thoughtfully conceived to reflect the

craftspeople specializing in traditional

Artychoke integrated genuine antiques sourced

was about crafting a narrative. The studio

natural environment, maritime traditions,

techniques such as hand carved woodwork,

from across the Middle East. These items,

approached each area of the resort as a chapter

The studio extended its appreciation

and cultural narratives associated with the

ceramic sculpture, metalwork, textile weaving,

ranging from maritime objects to handcrafted

within a larger story about the Red Sea’s

to Nujuma, a Ritz-Carlton Reserve, its

region. Organic textures, desert-inspired

and natural pigment finishing. Many of

vessels and heritage artifacts, were selected

ecosystems, the region’s trading heritage, the

valued partners, and Commercial Interior

ARTYCHOKE

palettes, and locally sourced materials served

these crafts were revived or reinterpreted

to create a sense of provenance and to weave

textures of the desert, and the human ingenuity

Design for this distinguished honor.

+971 4 3466779

as the foundation for a visual language that

for the project, bringing forgotten skills

layers of history into the guest experience.

that has shaped life in this part of the world.

feels deeply connected to its surroundings.

into a new era and embedding cultural

bespoke art pieces, delivering an extraordinary

continuity into the resort’s design.

CELEBRATING REGIONAL ARTISANSHIP A defining aspect of the project and one that

“This project allowed us to shine a light

BLENDING ART, LUXURY, AND Each antique was carefully positioned to

“This recognition reflects our unwavering

UNFORGETTABLE EXPERIENCES

help form the cultural landscape of Nujuma,

commitment to shaping spaces through

With a growing portfolio of luxury, hospitality,

creating connections between the resort’s

meaningful art narratives that resonate

and destination-scale projects, Artychoke

VISIT WEBSITE EMAIL US

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INTERIORS - KRISTINA ZANIC CONSULTANTS

INTERCONTINENTAL RED SEA RESORT OPENS ON SHURA A LANDMARK OPENING CELEBRATING VISIONARY DESIGN, SUSTAINABLE LUXURY, AND KRISTINA ZANIC’S INSPIRED INTERIOR ARTISTRY.

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nterContinental The Red Sea Resort has officially opened its doors on

Shura Island, marking a defining moment in the evolution of Saudi Arabia’s most forward-looking tourism destination. This exceptional property, one of the first resorts to open within the masterfully crafted Red Sea archipelago welcomes guests to experience the region’s pristine beauty through a lens of sophistication, environmental stewardship, and unparalleled design excellence.

To celebrate the launch, the resort has introduced its Doorway to Discovery offer, an exclusive opening rate including breakfast and dinner, plus 50% off a second room for family and friends. Rates begin at SAR 3,000 per

experience with private check-in, butler

night and are available until 15 March 2026.

service, and tailored amenities that

 Chimes embodies Mediterranean elegance in an effortlessly stylish setting.

elevate every moment of the stay.

IN EARLY 2026, THE GASTRONOMIC

“The opening of InterContinental The Red Sea Resort marks the beginning of a new

DISCOVERY, WELLNESS, AND

JOURNEY EXPANDS WITH:

chapter for guests to explore the Red Sea’s

ADVENTURE IN HARMONY

 Ardo, offering vibrant South

extraordinary beauty,” said Francesco

The resort encourages guests to engage

Pantalone, General Manager. He noted that

with nature while enjoying refined comfort.

 The 305, a Miami-inspired restaurant

the curated experiences, refined design,

A day might begin at SPA InterContinental,

and cigar lounge bringing new energy

and warm spirit of discovery that shape the

where bespoke treatments embrace regional

to Shura Island’s dining scene

resort aim to leave “lasting impressions that

botanicals and holistic techniques. From there,

 Every concept is crafted to spark

extend well beyond each guest’s stay.”

cycling expeditions, sailing trips, and diving

exploration bymirroring the resort’s

excursions unveil the untouched beauty of

core ethos of discovery.

CELEBRATING DESIGN EXCELLENCE

the Red Sea’s flourishing ecosystem, including

WITH KRISTINA ZANIC CONSULTANTS Among the property’s most defining features

American cuisine

some of the world’s most vibrant coral reefs. elements in subtle, meaningful ways.

is its interior design—an artful blend of

A DEFINING DESTINATION FOR RED SEA LUXURY

transcends traditional hotel design, instead

Smooth, curved facades echo the motion

offering an experience that feels intimately

of waves, while open-air corridors and

 Families are well-catered-for through Planet

connected to the Red Sea environment.

shaded walkways invite natural breezes

Trekkers, the signature children’s and teens

visionary architecture, thoughtful experiences,

Through its interplay of natural beauty,

modernity, purpose, and cultural expression

At Shura Island, this translated into a

created by Kristina Zanic Consultants,

design vision rooted in organic forms, calm

and diffused light. This architectural

club, offering marine-themed activities,

and the inspired interior design of Kristina

one of the region’s most respected design

palettes, and tactile materials that mirror

A MASTERPIECE OF SUSTAINABILITY

choreography creates a serene rhythm

supervised adventures, splash zones,

Zanic Consultants, InterContinental The Red

studios. Led by award-winning designer

the surrounding coral reefs, dunes, and

AND ARCHITECTURAL HARMONY

that guides visitors into spaces designed

and creative learning spaces ensuring

Sea Resort delivers a rare and immersive

Kristina Zanic, the firm is widely recognized

mangroves. Curved lines soften transitions

The resort’s commitment to environmental

for relaxation, reflection, and discovery.

younger guests experience the Red Sea

expression of modern luxury. It invites travelers

for crafting spaces that fuse storytelling

between spaces, sunlight is intentionally

responsibility is highlighted by its

through play, discovery, and exploration.

not merely to stay, but to feel deeply connected

with a deep sense of place. Their work

invited to shift and dance across surfaces,

achievement of LEED BD+C Platinum

ELEGANT STAYS AND ELEVATED COMFORT

at InterContinental The Red Sea Resort

and artwork crafted by Saudi talent forms

Certification, the highest global benchmark

InterContinental The Red Sea Resort offers 210

CULINARY EXPERIENCES INSPIRED

stands as a hallmark of this philosophy.

a central part of the guest journey.

for sustainable design and construction.

rooms and suites, all meticulously crafted to

BY GLOBAL JOURNEYS

Every detail from energy systems and water

emphasize space, comfort, and connection to

Dining at InterContinental The Red Sea Resort

Kristina, known for her intuitive and narrative-

The studio’s signature ability to harmonize

conservation to locally sourced materials

the environment. Options range from 50 sqm

is a celebration of culture, context, and flavour.

driven design approach, believes that every

luxury with nature is woven throughout

reflects the Red Sea region’s mission to

King and Twin Rooms to the expansive Red

project should “evoke a feeling, not just a

the resort. Kristina’s team crafted interiors

redefine luxury through sustainability.

Sea Three-Bedroom Suite, a 200+ sqm retreat

look.” Her process begins with immersing

that are tranquil yet expressive, refined

herself in the location and studying its

yet grounded, an aesthetic that perfectly

Guests approaching the resort immediately

landscapes, textures, and cultural influences

complements the architectural work of Foster

encounter an interplay of contemporary

For guests desiring exclusive services,

mangroves through artisanal sweets,

before shaping interiors that reflect these

+ Partners. The result is a sanctuary that

architecture and natural landscapes.

Club InterContinental provides a secluded

pastries, and coffee rituals.

ideal for families or groups seeking privacy.

to the Red Sea—its colors, its rhythms, and its extraordinary sense of wonder.

INTERCONTINENTAL RED SEA RESORT+966 14 5040007

 Darein transports diners through Moroccan

WHATSAPP: +966 55 668255

and Levantine culinary traditions.  Murrma pays homage to the

VISIT WEBSITE EMAIL US

88

INTERIORS - CENTURY DESIGN & BUILD

CENTURY DESIGN & BUILD EYES SYRIA’S REVIVAL A LEGACY OF DESIGN & BUILD EXCELLENCE.

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ince its founding in 2001, Century Design & Build has carved a niche

in the hospitality and residential sectors, transforming architectural visions into fully realized, high-end interiors. The firm specializes in a comprehensive “concept-to-completion” model from architectural design and interior planning to custom furniture manufacturing, project management, and final handover.

The driving force behind this success is founder Mohamed Sohel Albeirouti, whose foresight and understanding of client needs have shaped Century’s identity. In his own words, he established Century Decor to deliver “a sophisticated character and special identity” in every project, combining technical expertise with design sensibility to meet the evolving demands of architectural firms and interior clients alike.

Mohamed emphasized that Century was created not merely as a design house but as a MOHAMED SOHEL ALBEIROUTI, FOUNDER

“full fit-out solution”, a one-stop partner from initial concept through installation, offering clients certainty, quality, and consistency.

A NEW VISION, REBUILDING SYRIA

delivery, providing a turnkey approach

This is precisely where a firm like Century Décor

and dignified spaces combining

design excellence. Century Design & Build,

Amid the rising demand for reconstruction

that aligns with the platform’s goal of

could add value. Its full-service model, regional

sustainable reconstruction with

with its full-fit-out offering and regional

PRESTIGIOUS PROJECTS

across Syria after years of conflict, a

restoring livable, dignified spaces.

experience, and design sensibility would

aesthetic and cultural sensitivity.

familiarity, could be one such partner.

AND MARKET IMPACT

fresh initiative has emerged, Rebuilding

Over the past two decades, Century Design

Syria Platform. The platform aims to

WHY SYRIA AND WHY NOW?

— not just quick construction, but dignified

“At Century, we believe every space tells a

For the readers of Saudi Projects and Syria

& Build has built a diverse portfolio across

connect investors, contractors, engineers,

According to a recent assessment by the

living, working, and hospitality spaces.

story. Today, those stories can help restore a

Projects, this signals a rare opportunity

the Gulf and beyond, from luxury hotels to

real-estate developers and researchers

World Bank, rebuilding Syria’s damaged

nation. With our decades of design and build

for firms like Century could help shape a

residential developments. Their approach to

creating an ecosystem for coordinated

infrastructure and buildings will cost around

WHAT THE FUTURE COULD HOLD

experience, we stand ready to deliver not

new chapter in Syria’s history, rebuilding

interior design focuses heavily on how users

rebuilding, investment, and sustainable

US$ 216 billion, a figure that underscores

FOR CENTURY DESIGN & BUILD

just buildings but homes, communities, and

not only infrastructure but dignity,

experience space; functionality, aesthetics,

redevelopment across the war-torn country.

the immense scale of the challenge ahead.

 Residential housing & community rebuilds

hope. Syria deserves nothing less than our full

community, and a hopeful future.

help bring modern, high-standard rebuilds

from designing and delivering homes for

ambience, and comfort are carefully balanced.

For Century Design & Build, this seismic shift

The destruction spans infrastructure,

While specific project names are not

presents not just a business opportunity

residential buildings, non-residential

always publicized in detail, their website

but a chance to contribute to humanitarian

structures, and utilities such as power,

and portfolio emphasize successful hotel

and national revival. Given their expertise in

water, and public services. Rebuilding will

interiors, residential spaces, and bespoke

design, architecture, furniture and project-

furniture showcasing their capability to

management, the firm is well positioned

handle large-scale, high-end projects.

to play a meaningful role in rebuilding spaces and public infrastructure.

sophistication, and project management

displaced Syrians returning to their country.

LOOKING AHEAD AT THE

Mohamed Sohel Albeirouti - watch

tapping into potential tourism revival

OPPORTUNITIES & CHALLENGES

interview by Waseem Asmar together

once security and stability improve.

The road ahead for Syria’s reconstruction

with the video link image.

require sophisticated solutions not just raw

 Public infrastructure interior fit outs

will be long and complex. While estimates

construction, but careful design, planning,

for schools, clinics, community

such as the World Bank’s $216 billion

furniture, and project management.

centers, offices, utilizing Century’s

outline the financial scale, the real task

furniture & design capabilities.

lies in organization, coordination, quality,

Syria from homes and hotels to communal Their reputation for reliability, design

commitment.” Mohamed Sohel Albeirouti

Platforms like Rebuilding Syria aim to

 Hospitality and hotel projects by

 Collaborations with investors and foreign

aggregate trusted companies, vetted

stakeholders via Rebuilding Syria Platform,

legal compliance and sustainable design.

has enabled Century to serve a broad

By joining the Rebuilding Syria Platform,

professionals, external investment and local

offering turnkey solutions to international

The Rebuilding Syria Platform offers a structure

clientele, reinforcing their status among

Century could offer full-service solutions

expertise reducing fragmentation, enhancing

investors seeking reliable partners.

for collaboration, but success depends on

leading regional design-and-build firms.

from architectural design, interior and

transparency, and ensuring quality outcomes.

 A symbolic role helping transform war-

trusted partners, transparent processes, and

scarred areas into functional, modern,

firms that combine technical know-how with

furniture work, fit-out services, and project

CENTURY DESIGN & BUILD +966 55 794 4000

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92 INDUSTRY OPINION - MUSAYWIN RESEARCH

MUSAYWIN EMERGES AS ARCHAEOLOGICAL POINT OF INTEREST EXPLORATORY INSIGHTS HIGHLIGHT PREHISTORIC POTENTIAL IN NORTHWESTERN SAUDI ARABIA .

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usaywin, a desert locality in northwestern Saudi Arabia, has

recently drawn attention from researchers and observers monitoring the Kingdom’s expanding archaeological landscape.

While still at an exploratory stage and not yet formally designated as a heritage site, Musaywin is being noted for its topographic and geological characteristics that align with other areas known to preserve evidence of early human activity.

Set within a landscape of basaltic plateaus, shallow depressions, and intermittent drainage channels, Musaywin reflects environmental conditions that once supported episodic human presence. Similar settings across the Arabian Peninsula have yielded surface lithics, seasonal water catchments, and temporary shelters associated with Paleolithic and early Holocene communities. Although no institutional survey or excavation has yet taken place at Musaywin, its physical context suggests potential relevance within broader studies of prehistoric mobility and environmental change.

The growing interest in Musaywin mirrors a wider reassessment of Saudi Arabia’s archaeological resources. Over the past decade, large-scale surveys in AlUla, Tabuk, and across the volcanic fields of Harrat Khaybar and Harrat Uwayrid have transformed academic understanding of desert landscapes once considered marginal.

These efforts have revealed extensive human adaptation, trade corridors, and monumental constructions, highlighting the Kingdom’s role in regional and intercontinental histories.

Within this framework, Musaywin is increasingly viewed as part of a network of under-

Nonetheless, the attention surrounding

across Saudi Arabia. As new landscapes

documented localities that may contribute to

Musaywin underscores the continued

come into focus, sites like Musaywin

future research agendas. Scholars emphasize

importance of archaeological exploration

serve as reminders that the desert still

that any interpretation remains preliminary until systematic fieldwork, environmental analysis, and archaeological documentation are undertaken. Caution is therefore central to current discussions, with researchers stressing the importance of evidence-based assessment before assigning formal significance.

Musaywin reflects broader archaeological momentum across the Kingdom

MUSAYWIN RESEARCH

holds many untold stories—awaiting careful study to better understand the

VISIT WEBSITE

human past of the Arabian Peninsula.

EMAIL US

At BUNA Al Khaleej, we don’t just construct buildings, we deliver progress. As a leading General Contractor and Construction Management Services Organization, we specialize in mixed-use developments, highrise towers, industrial and commercial facilities, and complex, high-specification projects.

From groundbreaking to handover, we operate with a laser focus on quality, safety, timeline, and budget.

Our integrated design & build capabilities ensure seamless project execution, while our experienced teams manage every detail with unmatched rigor.

Aligned with Vision 2030, BUNA is proud to contribute to the sustainable growth and transformation of Saudi Arabia through innovative, resilient, and future-ready infrastructure.

Partner with BUNA, where ambition meets execution.

BUILDING SAUDI ARABIA’S FUTURE, ONE LANDMARK AT A TIME

To explore our capabilities or connect with our team visit. www.buna.sa

Expertly delivering complex projects with precision,

info@buna.sa

performance, and a vision aligned with the Kingdom’s future.

+966 12 658 6686

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PROJECT FOCUS - RSG DIRECT EUROPEAN FLIGHTS

RED SEA GLOBAL WELCOMES FIRST DIRECT EUROPEAN FLIGHTS TO RSI NEW MILAN–RSI SERVICE STRENGTHENS ACCESS TO WORLD-LEADING LUXURY AND REGENERATIVE TOURISM DESTINATIONS.

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ed Sea Global (RSG), the visionary developer behind The Red Sea and

AMAALA, celebrated a major milestone with the arrival of the first-ever direct flight from Europe to Red Sea International Airport (RSI). Operated by beOnd, the world’s first premium leisure airline, the inaugural flight from Milan landed on November 12, marking a significant advancement in Saudi Arabia’s fast-growing tourism landscape and its broader Vision 2030 objectives.

The new route creates a seamless travel link between Europe and the Kingdom’s most ambitious luxury and regenerative tourism destinations. Travelers can expect beOnd’s signature premium experience aboard its A320-family aircraft featuring all lie-flat seating, paired with RSI’s worldclass, sustainability-driven design.

The launch was commemorated at the TOURISE Global Tourism Summit in Riyadh, where RSG and beOnd formalized their partnership in the presence of key aviation and tourism stakeholders.

John Pagano, Group CEO of Red Sea Global, remarked: “The launch of this direct route from Milan marks a defining moment for Red Sea Global and our destinations. It not only strengthens our connection with Europe, but also reflects our unwavering commitment to delivering extraordinary, luxury experiences.

Together with our partners at beOnd, we are opening a new gateway to the Saudi

energy, underscoring RSG’s dedication to

Red Sea coast, ushering in the next chapter

generating a 30% net conservation benefit

of the Kingdom’s Vision 2030 journey.”

to local ecosystems by 2040. The Red Sea destination now features nine luxury hotels

RSI, operated by daa International serves

currently welcoming guests, alongside

as the aviation gateway to The Red Sea and

core, RSI and RSG’s wider destinations support

AMAALA. These destinations align perfectly

Andrew Tyler-Smith, CEO of RSI, commented:

Thuwal Private Retreat near Jeddah. This

AMAALA. Developed with sustainability at its

the Kingdom’s renewed target to attract 150

with beOnd’s vision for premium leisure

“We are thrilled to welcome beOnd as the

week, RSG also announced the forthcoming

million visitors by 2030, up from the original

travel. We appreciate the support from

first airline offering direct service from

launch of AMAALA Triple Bay, which will

100 million goal. Tourism’s contribution to

aviation authorities in both Saudi Arabia and

Europe to The Red Sea and AMAALA. As RSI’s

introduce six world-class luxury resorts, a

national GDP has already increased from 3%

Italy, as well as STA, ACP, RSI, and SEA Milan

network expands, we are honored to partner

yacht club, marine life institute, advanced

to 7% since Vision 2030 was introduced.

Airports, for enabling this historic route.”

with airlines that share our commitment

marina, and a vibrant Marina Village.

“Success will no longer be measured by revenue earned, but by value created for everyone involved.”

RSI strengthens Saudi Arabia’s global tourism connectivity

RED SEA GLOBAL (RSG) VISIT WEBSITE

to excellence and global connectivity.”

Tero Taskila, CEO and Chairman of beOnd,

The service will operate twice weekly, offering

added: “We’re proud to be the first airline

travelers direct access to one of the world’s

Both The Red Sea and AMAALA are

sustainability, and world-class hospitality

connecting Milan directly to The Red Sea and

most innovative, eco-centric tourism corridors.

powered entirely by 100% renewable

at the Saudi Red Sea coast.

Discover the next era of luxury,

EMAIL US

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EMPOWERING HERITAGE THROUGH CRAFT RED SEA GLOBAL AND SAUDI ARTISANAL COMPANY UNITE TO SUPPORT LOCAL ARTISANS.

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n a landmark partnership announced

training programs and workshops, and

to be active participants in the success story

on 1 December 2025, Red Sea Global

launching entrepreneurial incubation

of our destinations. Traditional crafts are not

(RSG) signed a strategic Memorandum of

initiatives. The aim is to enable artisans to

just products. They are a living narrative of

Understanding (MoU) with Saudi Artisanal

produce high-quality, culturally authentic

our national identity. Our partnership aims

Company. The agreement, formalized during

handicrafts that meet modern standards.

to preserve this legacy and present it to the

the Red Sea Classic Sailing Cup at Turtle Bay,

world according to the highest standards,

seeks to uplift Saudi artisans especially those

As part of the deal, Saudi Artisanal Company

achieving a tangible social and economic

from the Red Sea regions by integrating their

will activate its distribution channels to

impact aligned with our vision for people

craft heritage into the burgeoning luxury-

market these artisans’ creations, ensuring

and planet,” said RSG’s Senior Director of

tourism offerings at RSG destinations.

sustainable business growth and opening

Social Development, Rasha Shawoosh.

access to global markets through RSG’s Under this partnership, RSG and Saudi

international tourism infrastructure.

Artisanal Company will build an integrated

On the other side, Saudi Artisanal Company’s CEO of Shared Services, Ibrahim Al-Dulaijan,

ecosystem for artisan support. This includes

“We take pride in this step, which confirms

added: “We are delighted to collaborate with

developing innovative production lines

our unwavering commitment to the people

Red Sea Global to open new horizons for Saudi

inspired by local heritage, offering specialized

of the Red Sea regions and empowering them

crafts. This MoU will provide artisans with an

Training workshops for craftsmen exceptional platform to reach global markets

At RSG’s flagship destination, The Red

collaboration will similarly spotlight Saudi

through leading tourism destinations. It will

Sea Destination which began welcoming

craftsmanship across its luxury resorts, spa

also contribute to developing products that

guests in 2023, visitors will soon see and

facilities, marinas, and wellness offerings.

combine authenticity with modern standards,

purchase these handcrafted goods, enriching

supporting Saudi Vision 2030 objectives

their travel experience with authentic

This alliance not only drives RSG’s commitment

in diversifying the creative economy.”

Saudi culture. Meanwhile, at AMAALA,

to sustainable, culturally rooted tourism

scheduled to open its first phase soon, the

development, but it also contributes directly to national efforts under Saudi Vision 2030 to strengthen the creative economy. By integrating local artisans into global tourism and elevating their handicraft to international standards, RSG and Saudi Artisanal Company are turning tradition into opportunity, preserving heritage, boosting livelihoods, and enriching the visitor experience all at once.

High-quality artisan products for global markets

RED SEA GLOBAL (RSG) VISIT WEBSITE

106 RED SEA GLOBAL - COMMUNITY SPIRIT

SAILING INTO COMMUNITY SPIRIT RED SEA GLOBAL’S CLASSIC SAILING CUP CONCLUDES — SPOTLIGHT ON AMAALA’S RISING ROLE.

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AMAALA poised for luxury launch

yacht club, a marine-life institute, and seaside promenades, the Classic Sailing Cup serves as a living showcase of the Red Sea region’s cultural roots.

residents gathering to enjoy music from traditional folk bands, local crafts, and

More than a sporting event, the Cup highlighted

the joyful energy of a heritage carnival.

how traditional maritime heritage can find renewed expression within modern

Reflecting on the event’s success, RSG’s Chief

tourism frameworks. As AMAALA gets ready

Administrative Officer, Ahmad Ghazi Darwish,

to welcome global visitors, RSG’s sailing

commented: “We are proud to conclude

festival sets the tone by promising that luxury

an exceptional edition of this race, which

will come hand-in-hand with authenticity,

has become an annual icon through which

community, and respect for heritage.

we celebrate the eternal bond connecting the people of this region to the sea.”

By combining heritage-driven events with high-end destination development, RSG

R

ed Sea Global (RSG) has closed out the second edition of the Red Sea Classic

Sailing Cup, wrapping two days of heritage

Traditional dhows at Turtle Bay

Red Sea destination is gaining recognition

empower communities, and position the

as “a platform for marine sports.”

Kingdom as a top global destination.

Looking ahead, the event and its growing

invited participation from local communities,

with a total of 95 sailors competing. The

popularity tie directly into RSG’s broader vision

blending sporting competition with cultural

atmosphere was festive, with families and

for AMAALA. Since its unveiling in November

underscored the importance of the company’s

heritage. Fourteen traditional dhows entered

next-generation luxury destination AMAALA.

Ninety-five local sailors compete

Under the “Set Sail” theme a tribute to the

tourism in Saudi Arabia can celebrate culture,

the main race, alongside five youth boats,

at Turtle Bay on 28 November 2025. The event, the shoreline into a community festival and also

continues to demonstrate that sustainable

active public engagement confirm that The

region’s ancestral ties to the sea and RSG

sailing, local celebration, and nautical passion held at The Red Sea destination, transformed

He added that the strong media turnout and

Heritage carnival meets marine sports

AMAALA

2025, AMAALA has been described as a “coastal lifestyle destination” blending luxury, wellness, and environmental stewardship.

AMAALA will debut six world-class resorts, a

VISIT WEBSITE

112 GREEN ENERGY - TOP 5 GREEN ENERGY PROJECTS

POWERING THE FUTURE: SAUDI ARABIA’S TOP 5 GREEN ENERGY PROJECTS A LOOK AT THE KINGDOM’S LEADING INFRASTRUCTURE TRANSFORMING ITS ENERGY LANDSCAPE.

GREEN ENERGY - TOP 5 GREEN ENERGY PROJECTS 113

114 GREEN ENERGY - TOP 5 GREEN ENERGY PROJECTS

S

GREEN ENERGY - TOP 5 GREEN ENERGY PROJECTS 115

audi Arabia is rapidly scaling up its green energy infrastructure, building

more than just solar panels and turbines.

Here are five standout green-energy projects that are reshaping the Kingdom’s physical energy systems from solar farms to wind farms to smart-grid–enabled renewables.

NEOM GREEN HYDROGEN PROJECT At the heart of Saudi Arabia’s green ambition is the NEOM Green Hydrogen Project, a joint venture between NEOM, ACWA Power, and Air Products. This facility integrates around 4 GW of renewable energy from onshore solar, wind, and storage.

When fully operational (expected by 2027), it will electrolyze water into 600 tonnes of green hydrogen daily, producing up to 1.2 million tonnes of green ammonia annually while offsetting roughly 5 million metric tonnes of CO₂ each year.

This infrastructure combines generation (solar & wind), electrolysis (hydrogen), and transmission, a showcase of a nextgeneration, integrated green-energy system.

SUDAIR SOLAR PV PROJECT Located in Sudair Industrial City, the Sudair Solar PV Project is one of the largest single-contract solar farms in Saudi Arabia, with a capacity of 1.5 GW. It uses bi-facial PV modules and single-axis trackers to maximize energy capture, and is expected to power approximately 185,000 homes,

RABIGH 2 SOLAR PROJECT

By investing heavily in solar farms, wind farms,

reducing about 2.9 million tonnes of

Awarded in 2024, the Rabigh 2 Solar PV

hydrogen production, and grid modernization,

CO₂ annually. This large-scale solar farm

Project (300 MW) is a collaboration between

the Kingdom is building the physical

forms a critical pillar in the kingdom’s

TotalEnergies and Aljomaih Energy & Water

foundation for a sustainable energy future.

clean-power generation infrastructure.

Company. This solar farm is backed by a 25-year Power Purchase Agreement with

DUMAT AL-JANDAL WIND FARM

Operational since around 2021–2022,

National Renewable Energy Programme

Saudi Arabia’s first utility-scale wind

the farm displaces about 1 million

(NREP), including 1.5 GW of wind (Dawadmi)

 Ad Darb (600 MW) in Jazan

with grid connection planned for 2026.

farm, Dumat Al-Jandal, located in Al Jouf

tonnes of CO₂ annually, and its power

and 3.0 GW solar across four sites.

 Samtah (600 MW) by SEC/EDF

It adds to Saudi Arabia’s geographically

province has a capacity of 400 MW, making

is supplied under a 20-year power

 Sufun (400 MW) in Hail by TotalEnergies/

diversified solar capacity, reinforcing the

it one of the largest wind farms in the

purchase agreement to the Saudi grid.

Al Jomaih Energy & Water Company

robustness of its renewable infrastructure.

Middle East. Its 99 Vestas turbines inject

The Dawadmi Wind IPP Plant (1.5 GW)

the Saudi Power Procurement Company,

set a record-low LCOE of 1.33803 US

clean power into the grid via a 380 kV

NREP ROUND-6 SOLAR & WIND PROJECTS

transmission line with GIS substations.

In 2025, Saudi Arabia awarded 4.5 GW worth of renewable contracts under its

cents/kWh. Solar awards included:  Najran (1.4 GW) by Masdar

GREEN ENERGY

These projects strengthen the Kingdom’s

These five green energy infrastructure

generation infrastructureand further its

projects demonstrate Saudi Arabia’s serious

low-cost renewable energy goals.

commitment to transforming its energy system.

VISIT WEBSITE

118 GIGA PROJECTS - DIRIYAH GATE

DIRIYAH GATE UNVEILS FIRST PREMIUM HOMES IN MANAZEL ALHADAWI NEW RESIDENTIAL LAUNCH MARKS MAJOR MILESTONE IN DIRIYAH’S TRANSFORMATION INTO A MODERN HERITAGE-DRIVEN CITY.

GIGA PROJECTS - DIRIYAH GATE 119

120 GIGA PROJECTS - DIRIYAH GATE

T

GIGA PROJECTS - DIRIYAH GATE 121

First 239 premium homes launched in Manazel AlHadawi at Diriyah Gate

he vast Diriyah Gate project has taken a significant step forward

with the official unveiling of 239 premium homes in its new residential area Manazel AlHadawi, the first homes released as part

$1.5 billion in new contracts strengthen Diriyah’s growth trajectory

of the masterplan’s transformative phase. holistic, people-centric urban ecosystem, a liveThe properties range from one-bedroom

work-play environment, enriched with smart-

studio apartments to four-bedroom

city infrastructure and deep cultural roots.

duplexes, with two- and three-bedroom units in between. Prices start from SAR 1.6

At the same time as the residential launch,

million. These residences are designed

Diriyah Company announced major contract

with a thoughtful blend of traditional Najdi,

awards totalling US $1.5 billion (SAR 5.7

reflecting centuries-old Saudi architecture and

billion), spanning residential, commercial,

contemporary design standards, delivering a

and infrastructure developments. Among

living experience that honors heritage while

them, contracts for office spaces within

offering all the comforts of modern urban life.

the Media & Innovation District, expansion of the Manazel AlHadawi plots, and

Diriyah’s masterplan aims for 18,000+ homes and 100,000 residents

critical road-works on King Khalid Road According to the developer Diriyah Company,

to host more than 100,000 residents in what the

stand out for bolstering connectivity and

this marks the beginning of a much larger

company refers to as Diriyah’s “City of Earth.”

supporting the district’s future growth.

residential vision; over 18,000 homes planned

The project aims to offer not just housing but a

For the Kingdom, Diriyah Gate with its blend of heritage, culture, and modernity signals the kind of urban transformation envisioned under Saudi Vision 2030. By integrating living, working, leisure and cultural spaces, it aims to set new standards for urban living while preserving the soul of what is the birthplace of the first Saudi state.

DIRIYAH GATE VISIT WEBSITE

122 GIGA PROJECTS - NOEM OXAGON

AHG SIGNS LAND LEASE WITH NEOM FOR INDUSTRIAL GASES FACILITY IN OXAGON

GIGA PROJECTS - NOEM OXAGON 123

O

xagon, the reimagined industrial city of NEOM, has announced a land lease

agreement between NEOM and Abdullah Hashim Industrial Gases & Equipment Co. Ltd. (AHG), a leading industrial gases provider serving sectors across Saudi Arabia.

Under a planned SAR 600 million, multi-

SAR 600 MILLION INVESTMENT TO BUILD A PHASED INDUSTRIAL GASES HUB POWERING OXAGON’S NEXT GROWTH STAGE.

phase investment, AHG will develop a stateof-the-art industrial gases production and distribution facility in Oxagon’s Industrial Quarter, the city’s dedicated manufacturing district. Groundbreaking is scheduled for February 2026. The first phase will include core industrial gases infrastructure, offices, warehousing, and distribution capabilities.

Operations are slated to begin in late 2026, with additional phases expected to launch in 2028.

This partnership marks a significant step in Oxagon’s transition into the activation phase of its industrial development. Establishing local

Phased investment strengthens local supply chains

production and distribution of industrial gases

As part of its phased development, AHG intends to produce green oxygen, nitrogen, argon, and hydrogen, aligning with Saudi Arabia’s wider renewable energy transition goals. This capability will provide a strategic advantage for global

will allow tenants to accelerate construction

“The land lease agreement, followed by our

manufacturers seeking to reduce operating

and begin manufacturing from 2026 onward.

investment plan in low-carbon industrial

costs while meeting sustainability targets.

gases production facilities, demonstrates our “Our partnership with AHG exemplifies

commitment to supporting the clean industrial

A long-standing partner in NEOM’s

Oxagon’s readiness to welcome world-

transformation taking place in Oxagon.”

development, AHG currently supports major

class tenants and accelerate the Kingdom’s

construction activity underway in northwest

transition to a diversified, future-ready

Demand for industrial gases in Oxagon is

Saudi Arabia by supplying industrial gases and

economy,” said Vishal Wanchoo, CEO of

expected to grow as the region continues

equipment to contractors. The new facility

Oxagon. “Leveraging AHG’s industrial gases

to attract manufacturers across multiple

will reinforce these efforts and enable Oxagon

expertise, we are developing a streamlined local supply chain that meets the demands of modern industry and supports the shift to sustainable energy solutions, enabling

Facility to cut emissions and import reliance

cleaner manufacturing practices.”

tenants to advance infrastructure projects more efficiently. In line with Saudi Vision 2030, the development will also stimulate GDP growth through the creation of specialized industrial gases roles, helping equip local talent with advanced skills and expertise.

“We are excited to be part of Oxagon’s

sectors, including transportation and

development plan and are keen to play

advanced industries. AHG’s new facility

our role in supporting the industrial gases

will support localized production and

requirements of international and local

distribution, reducing dependence on long-

investors with cost-competitive, high-reliability

distance imports, minimizing supply chain

products and services,” said Khalid Abdullah

disruptions, and lowering carbon dioxide

Hashim, CEO of AHG Group Companies.

(CO₂) emissions associated with transport.

Major milestone in Oxagon’s industrial readiness

This will also enhance cost competitiveness by giving tenants more reliable and affordable access to essential gases, helping reduce broader environmental impacts, including value chain (scope 3) emissions.

NOEM OXAGON VISIT WEBSITE

Imagine endless possibilities with La Dolce Vita, a new bathroom collection featuring a timeless and sensual design

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126 TECHNOLOGY - DYNEX ARABIA

DYNEX ARABIA LAUNCHES NEW IDENTITY TO MARK A NEW ERA OF SAUDI EXCELLENCE

EMBRACING SAUDI EXCELLENCE AND INNOVATION IN ENERGY AND INFRASTRUCTURE DEVELOPMENT.

TECHNOLOGY - DYNEX ARABIA 127

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TECHNOLOGY - DYNEX ARABIA 129

D

YNEX Arabia has unveiled its new

More than a corporate production, the film

corporate identity in a landmark event

reflected DYNEX Arabia’s evolution into a

held in Al Khobar, marking a major step for the

100% Saudi-owned EPC leader under Al Awael

100% Saudi-owned EPC leader. The celebration

Group, showcasing the spirit of innovation,

brought together industry partners, executives,

safety, and national pride that defines the

and team members to highlight the company’s

company today. It is a tribute to teamwork,

growth, achievements, and renewed vision for

vision, and the unwavering pursuit of building

the Kingdom’s energy and infrastructure future.

the Kingdom’s future, one project at a time.

DYNEX Arabia stands as a symbol of Saudi

As DYNEX Arabia steps into this new era, it remains

capability and ambition. With a Category 1+

dedicated to engineering excellence, safety, and

Saudi Aramco contractor rating, the company

Saudi talent development. Helping build the

continues to play a vital role in delivering

Kingdom’s future with confidence and integrity.

large-scale pipeline, energy, and infrastructure projects that align with Saudi Vision 2030.

A New Identity Marking a New Era of Saudi Excellence

The event featured a short film narrating

DYNEX ARABIA

DYNEX’s journey of innovation and resilience,

+966 13 887 3800

followed by an engaging networking session with industry leaders. Topics included the evolution of the EPC sector, sustainability, digital transformation, and the empowerment of Saudi engineers shaping the nation’s future.

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