Issuu

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.

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

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 inspire Saudi Arabia’s modern landscape.

Where Precision Meets Vision Committed to delivering high-quality

A Commitment to Progress

projects through seamless integration,

From sustainability to smart design, BUNA stands

sustainability, and strategic partnerships.

for continuous evolution — aligning with Vision 2030’s call for innovation and excellence.

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

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 strategic partnerships, these stories demonstrate how infrastructure, tourism, and cultural preservation are progressing in parallel. Design and experience take center stage in Interiors, where ARTYCHOKE and Kristina Zanic unveil the InterContinental Red Sea Resort on Shura Island, a landmark opening celebrating visionary design and sustainable luxury. Beyond the Kingdom, we examine the challenge of rebuilding Syria’s energy infrastructure, before closing with a broader view of hospitality and leisure construction under Vision 2030. 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

MABANI AL JAZEERA GROUP

MABANI GROUP REDEFINES CONSTRUCTION FEATURES

STREAMLINE EQUIPMENT MANAGEMENT

REBUILDING SYRIA

EMCOTECH MEP EXCELLENCE

VISION 2030 HOSPITALITY BOOM

Contents 05

DAC GROUP INTERVIEW

DRIVING DAC GROUP'S COMMERCIAL FUTURE ALSO IN THIS ISSUE

RGS CONSTRUCTION PAYMENT RISK

KRISTINA ZANIC INTERIOR ARTISTRY

118

THE FUTURE OF REAL ESTATE

DIRIYAH GATE PREMIUM HOMES

08 NEWS

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). The announcement was made at the inaugural TOURISE Summit in Riyadh, the world’s premier platform for shaping the future of global tourism. Situated just 40 minutes from Riyadh, the state-of-the-art Riyadh Shooting Range & Entertainment Complex is located within Qiddiya City, the new global destination built entirely around the Power of Play.

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 the cities of the future. The exhibition serves as a major platform for cross-sector collaboration, aligning with Saudi Arabia’s Vision 2030 goals to diversify the economy and build next-generation urban environments.

READ FULL ARTICLE HERE

NEWS 09

CURACEL BOOSTS SAUDI AI PRESENCE Curacel expands AI infrastructure

publicly announced collaboration with

deliver better experiences to customers.

partnership in Saudi Arabia, supporting

Tawuniya through the InsurAI program. As

Designed to help insurers in Saudi Arabia

Vision 2030 and insurance innovation.

insurers in the Kingdom accelerate their

Through its work with Tawuniya, Curacel

Curacel, an AI-powered insurance

digital transformation journeys under

has been deploying AI agents in real insurance

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

INITIAL LAUNCHES MOBILE ENGINEERING SERVICE Revolutionizing SME Maintenance with

flexibility and cost efficiency. Initial’s new

facilities more effectively

Speed and Efficiency in the Kingdom.

mobile engineering services division, unveiled

The service is based on a mobile

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

AWS & HUMAIN BOOST AI PARTNERSHIP WITH NVIDIA HUMAIN deploys NVIDIA GB300s and AWS Trainium chips for global AI innovation. Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), and HUMAIN, a Public Investment Fund (PIF) company delivering global full-stack AI solutions, announced today at the U.S.-Saudi Investment Forum their plans to provide, deploy and manage up to 150,000 AI accelerators in a data center facility known as an “AI Zone” in Riyadh. As part of the expanded partnership, AWS will become HUMAIN’s preferred AI partner globally, and the two companies will collaborate to bring AI compute and services from Saudi Arabia to customers worldwide. READ FULL ARTICLE HERE

PIF, SITE, MICROSOFT SIGN SOVEREIGN CLOUD PACT 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

Company (SITE), and Microsoft today

cutting-edge cloud and AI technologies.

of specific regions and countries.

announced the signing of a memorandum of

Microsoft brings extensive experience

understanding (MoU) to explore the delivery

in delivering sovereign-cloud capabilities

READ FULL ARTICLE HERE

PIF News 11

PIF AND JLL PARTNER IN FMTECH INVESTMENT JLL acquires stake in FMTECH to boost Saudi facilities management sector growth. PIF and JLL announced JLL is acquiring a significant stake in the Saudi Facility Management Company (FMTECH),PIF will maintain a majority stake in FMTECH. The transaction is expected to close subject to customary closing conditions. Launched by PIF in 2023, FMTECH is a national integrated facilities management company, serving PIF portfolio companies as well as public and private sector clients across Saudi Arabia. The investment allows JLL to expand its service capabilities in the Saudi market, while building on the existing relationship with PIF. READ FULL ARTICLE HERE

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 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. The Alsirah Gardens cultural destination in Madinah focuses on sirah, also known as the Prophetic Biography, through innovative experiences that integrate nature, architecture, spirituality and knowledge. It will provide visitors, pilgrims, and Umrah performers with a unique opportunity to delve into the key

READ FULL ARTICLE HERE

moments of the sirah, presented through a contemporary lens.

12 Appointments

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

CONNECT ON LINKEDIN

We are pleased to announce the appointment

strategy in the Kingdom—accelerating

of Dr. Sultan Almorqi as Managing

localization, industrial participation and

Director of Raytheon Saudi Arabia (an

programme execution to support the

RTX business). With nearly thirty years

Kingdom’s national security ambitions. “His

of experience across government and

extensive expertise and deep understanding

industry, Dr. Almorqi joins from Saudi

of the Saudi defence and technology

Arabian Military Industries (SAMI) where

ecosystem make him the ideal leader for

he led the Advanced Electronics Division.

our long-standing partnership with Saudi Arabia,” says Chander Nijhon, Vice-President

He will guide Raytheon Saudi Arabia’s

of Strategy & International at Raytheon.

Dr. Rukn Eldeen - Special Projects Principal, Omrania

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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

leadership role that will see him drive

deep regional expertise with expanded

design integrity, operational strategy, and

access to global collaboration and cross-

niche ventures across the practice. Bringing

disciplinary innovation. With 10N Managing

more than two decades of multidisciplinary

Principal Tim Martin overseeing the

experience, Dr. Rukn strengthens Omrania’s

group, this leadership alignment further

ability to deliver high-impact, future-

advances Egis Group’s vision of uniting

focused projects aligned with the firm’s

world-class architectural talent to create

longstanding commitment to excellence.

sustainable, meaningful solutions for

The appointment marks a pivotal

cities and communities worldwide.

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

CONNECT ON LINKEDIN

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

the Middle East & Africa, effective December

has been instrumental in driving mergers

1, 2025, reinforcing strategic growth across

and acquisitions, expanding operations in

key markets. Maier succeeds long-serving

Saudi Arabia, UAE, Algeria, and Ethiopia, and

regional leader Amadou Diallo and brings

launching initiatives such as the RailDirect

extensive experience in finance, digital

joint venture with Etihad Rail. His leadership

innovation, and strategic expansion after

is expected to further strengthen DHL’s

joining DHL in 2008. Most recently, he served

regional footprint and digital transformation.

as CFO for the Middle East & Africa and

Appointments 13

Paul Jones Sector Lead Commercial & Real Estate, EMEA, at HDR, Inc. We are pleased to announce the appointment

the Middle East. He joins HDR from a global

of Paul Jones as Sector Lead – Commercial

engineering consultancy where he held

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

senior leadership roles focused on business development and project delivery. In his

CONNECT ON LINKEDIN

With over 20 years of consultancy experience

new role, Paul will support HDR’s Building

in the UK commercial property sector, Paul

Engineering Services team to further expand

now takes responsibility for strengthening

the firm’s market position, leveraging his

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.

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

CONNECT ON LINKEDIN

SOCIALEYEZ has appointed Raneem

in data-driven strategy development, cross-

Alhassoun as Strategy Manager to bolster

functional campaign management, and

its growing operations in Saudi Arabia,

building long-term client relationships.

reinforcing the agency’s strategic expansion

Her appointment underscores SOCIALEYEZ’s

in the Kingdom’s dynamic market. In her

commitment to investing in local talent

new role, Raneem will lead strategic growth

and deepening client partnerships. The

initiatives, enhance service offerings, and

move marks another significant step in

drive impactful, insight-led marketing

strengthening the agency’s footprint and

campaigns tailored to client needs. She

supporting the Kingdom’s fast-evolving

brings over six years of experience from

digital and creative landscape.

leading marketing agencies, with expertise

Mahmoud Abughazal, LEED AP Omrania, part of the 10N Collective. His leadership is especially timely: 10N’s Managing Principal, Tim Martin, remarked,

Corporate Architectural Principal at With

“Our strength lies in bringing together

more than 25 years of experience at Omrania,

distinct practices that share the same

he now leads the firm’s architectural,

ambition … ensuring that design integrity,

interior, masterplanning, and landscape

client trust, and local knowledge continue to

teams, ensuring each project reflects the

define how our studios operate and grow.”

company’s legacy of design excellence. CONNECT ON LINKEDIN

ISSUE 44

Mahmoud Abughazal has been appointed

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

COVER STORY - DAC GROUP

n this exclusive interview, Saudi

accountability, and long-term value.

Projects speaks with Mohamed Magdi

SAUDI PROJECTS: What sectors or projects do you believe hold the most

about his role in shaping the company’s

For DAC Group, our role is evolving from

commercial direction, driving revenue growth,

being a specialized contractor to becoming

and ensuring DAC Group remains a key player

a trusted delivery partner for technically

MOHAMED MAGDI: Industrial, logistics, and

in the Kingdom’s evolving built environment.

demanding projects. We focus on areas where

infrastructure projects continue to offer

promise for DAC Group's growth?

execution quality truly matters, particularly

strong opportunities, particularly with the

Mohamed Magdi is a results-oriented executive

in industrial, logistics, infrastructure, and

Kingdom’s focus on manufacturing, supply

leader and Chief Executive Officer of DAC

specialized works. Our aim is simple: to

chains, and industrial development.

Group, recognized for driving organizational

support the Kingdom’s ambitions by delivering

growth, accelerating innovation, and

projects that are well engineered, properly

We also see growing demand for specialized

delivering measurable business impact. A

executed, and built to perform over time.

works where quality, durability, and technical

strategic visionary, he brings deep expertise

discipline are critical. These are the areas

in designing and executing transformative

SAUDI PROJECTS: What are your top

where DAC Group has built its reputation

strategies that strengthen market

priorities for driving commercial growth and

and where we see long-term value.

positioning and unlock sustainable value.

positioning DAC Group as a market leader?

Since assuming the role of CEO, Mohamed has

MOHAMED MAGDI: The first priority is focus.

SAUDI PROJECTS: How do you build

spearheaded a decisive shift in DAC Group’s

Sustainable growth comes from working in

and maintain strong relationships with

strategic direction, resulting in a 40% increase

sectors where we genuinely add value, not

clients, and what sets DAC Group apart?

in profitability and a significantly expanded

from chasing volume. We are very selective

market footprint. His leadership is marked

about where we invest our time and resources.

CLIENT RELATIONSHIPS

by a strong focus on operational excellence,

MOHAMED MAGDI: Strong relationships are built on trust, transparency, and

high-performance team development, and

The second priority is consistency. Clients

delivery. We are always honest with our

disciplined execution across complex, multi-

return when they know they will receive the

clients and clear in our communication,

sector operations. Previously, his work in

same level of quality and professionalism

especially when challenges arise.

strategic leadership roles delivered notable

every time. Finally, people remain the

achievements, including a 50% increase in

foundation of everything we do. Building strong

What differentiates DAC Group is our mindset.

market share through high-impact partnerships

teams, empowering leaders, and creating

We do not approach projects as transactions.

and a 60% improvement in project success

clear alignment across the organization

We approach them as partnerships, taking the

rates through enhanced project governance.

is what enables long-term growth.

time to understand our clients’ priorities and aligning our delivery accordingly. This approach

Known for his integrity-driven leadership

MARKET INSIGHTS

style and forward-thinking mindset,

SAUDI PROJECTS: How do you stay

Mohamed excels in building resilient

ahead of market trends and identify new

SAUDI PROJECTS: Can you share

organizations, strengthening compliance,

opportunities in a competitive landscape?

an example of a successful client

and fostering a culture of accountability, innovation, and continuous improvement.

builds confidence and long-term collaboration.

partnership and how it was nurtured? MOHAMED MAGDI: Staying close to the market is essential. I spend a lot of time

MOHAMED MAGDI: One of our strongest

VISION AND STRATEGY

engaging directly with clients, consultants,

partnerships is with Agility Logistics, who today

SAUDI PROJECTS: How do you see DAC

suppliers, and our site teams. That

consider DAC Group as both their current and

Group's role evolving in Saudi Arabia's

interaction provides real insight into market

future partner. This relationship was built

construction sector, particularly with

challenges and emerging opportunities.

gradually on trust, word of mouth, and on

Vision 2030 initiatives underway?

making commitments that we were confident At the same time, we rely on performance

we could deliver, and then delivering on them.

MOHAMED MAGDI: Saudi Arabia is going

data, project feedback, and global

through a very real and visible transformation.

benchmarks to guide decision-making.

On our most recent project together, the client

Vision 2030 has raised expectations across

When experience on the ground is combined

was very satisfied with the quality of execution,

the entire construction industry, not

with structured analysis, you can move

the attitude of our teams, and the standards

only in terms of scale, but also in quality,

proactively rather than reactively.

we delivered. This resulted in a formal

COVER STORY - DAC GROUP

appreciation letter, which we value greatly as

companies that combine digital tools

looking to make an impact in Saudi

it reflects genuine confidence in our people.

with strong engineering judgment

Arabia's construction industry?

17 17

and disciplined execution on site. MOHAMED MAGDI: Focus on the

For us, true partnership is when a client feels comfortable enough to simply pick up the

SUSTAINABILITY AND SOCIAL

fundamentals. Understand the business,

phone and ask for support, knowing we will

RESPONSIBILITY

respect the technical side, and never

respond immediately and responsibly.

SAUDI PROJECTS: How does DAC Group

compromise on integrity. This industry

incorporate sustainability and social

rewards consistency, resilience, and trust.

The same approach applies to other valued

responsibility into its projects and operations?

clients such as Al-Jomaih Beverage Plant

Continuous learning is also essential, as

Company and the CEER Factory. Over the

MOHAMED MAGDI: Sustainability starts with

years, many of our clients have shared

doing the job right the first time. Durable

appreciation letters with us, each representing

solutions, efficient use of materials, and

SAUDI PROJECTS: How does DAC

a successful story built on consistency,

minimizing rework all contribute directly

Group prioritize talent development

commitment, and mutual respect.

to better environmental outcomes.

and leadership succession planning?

At DAC Group, we deliver with responsibility,

Social responsibility is equally important.

MOHAMED MAGDI: We believe strong

with the right attitude, and with

We invest in our people, maintain high

organizations are built from within. We

uncompromising quality. This is what gives

safety standards, and support local

identify potential early, invest in development,

us a real edge in a competitive market.

talent development. Our responsibility

and give our people real responsibility

extends beyond individual projects to

so they can grow through experience.

INNOVATION AND TECHNOLOGY

the market continues to evolve quickly.

the communities where we operate.

SAUDI PROJECTS: How is DAC Group

Succession planning is about readiness,

leveraging technology and innovation to

SAUDI PROJECTS: What initiatives

not titles. Our objective is to ensure

enhance project delivery and client experience?

is the company taking to reduce

capable leaders are always prepared

its environmental footprint?

to step forward when needed.

MOHAMED MAGDI: We view technology as a practical tool, not a trend. From

MOHAMED MAGDI: Reducing our

planning systems and execution

environmental footprint is an ongoing process.

equipment to quality monitoring and

We continually refine our construction

performance tracking, technology helps

methods to reduce waste, improve material

us reduce risk and improve accuracy.

efficiency, and minimize rework, all of which have a direct environmental impact.

For clients, this means better visibility, fewer surprises, and outcomes that align with

We also adopt modern technologies that

expectations. When used correctly, technology

help lower CO₂ emissions and introduce

strengthens both delivery and trust.

innovative solutions that improve operational efficiency. In addition, DAC Group is a Gold

SAUDI PROJECTS: What role do you

Member of the USGBC, which reflects our

see digital transformation playing in

commitment to sustainable construction

shaping the future of construction?

and responsible development.

MOHAMED MAGDI: Digital transformation

Through this approach, we aim to

will continue to change how projects

deliver projects that perform efficiently

DAC GROUP

are planned, monitored, and controlled.

throughout their lifecycle and contribute

+966 12 658 6686

Data-driven decision-making will become

positively to the built environment.

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

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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

INDUSTRY SECTOR - MABANI GROUP

ABANI, BUILDING PEOPLE, 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 principle, they are the foundation of every decision, every solution, and every

delivering projects from concept to completion.

achievement. By inspiring confidence

his integrity, honesty, and commitment to human advancement, Faris provides

among clients, partners, employees, and

The Group covers a full spectrum of services

leadership focused on long-term growth,

the wider society, the Group continues to

from feasibility studies, conceptualization,

operational excellence, profitability,

champion progress through integrity-driven

architectural and engineering design, civil

and sustained value creation.

leadership and transformative execution.

and electromechanical works, financing, procurement, equipping, furnishing,

In the dynamic world of construction where

Mabani believes it was created to solve real

installation, and operational management. Its

challenges are persistent and expectations

challenges across the public, private, and

turnkey approach is designed to give clients

are high, Faris distinguishes himself through

governmental sectors, particularly those

peace of mind while ensuring exceptional

calm resolve, agility, and optimism. “I deal

related to project delays, inefficiencies, unclear

quality and stakeholder satisfaction.

with every crisis with flexibility and always

processes, and rising costs. “The region

look for ways to exceed expectations,” he

needs project partners that are transparent,

LEADERSHIP ROOTED IN HUMANITY

explains. For him, leadership is not just about

accountable, and focused on delivering

AND DETERMINATION

building structures; it is about building people,

on time and within budget,” the company

Guiding this robust ecosystem is Faris

strengthening the industry, and leaving behind

emphasizes. This vision has shaped Mabani

Mudathir, Chief Executive Officer of Mabani

a legacy rooted in purpose and perseverance.

into a comprehensive partner capable of

Al Jazeera Group. A visionary known for A FULLY INTEGRATED ECOSYSTEM POWERING TOMORROW’S CONSTRUCTION Mabani Al Jazeera Holding Group serves as an umbrella organization overseeing three highly specialized entities that work together seamlessly to provide end-to-end construction solutions: 

Mabani for Projects: Engineering, design-build, and EPC services

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

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

Together, these entities form a highly

INDUSTRY SECTOR - MABANI GROUP

23 23

FARIS MUDTHIR

efficient and transparent ecosystem

 DEVELOP Integrated engineering,

with global standards such as ISO

that elevates performance, ensures

procurement, and construction planning

9001, TAKWEEN ensures reliability,

quality, and enhances service delivery

coordinated across disciplines.

consistency, and superior performance.

for public and private sector clients.

 DELIVER On-time execution aligned

MABANI FOR PROJECTS IS THE

with international standards of

SAFETY FIRST

quality, safety, and sustainability.

People are the heart of TAKWEEN’s operations.

GROUP’S CORE ENGINE

The company invests heavily in continuous

With decades of accumulated experience,

This holistic approach positions Mabani for

safety training, protective equipment, and

Mabani for Projects has grown into a full-

Projects as a dependable partner capable

HSE-driven workflows to ensure operational

service EPC and design-build provider

of transforming vision into reality.

well-being and long-term sustainability.

the entire lifecycle, from feasibility and

TAKWEEN METAL INDUSTRIES

ENVIRONMENTAL COMMITMENT

concept development to engineering,

IS STRENGTHENING THE

TAKWEEN also embraces environmental

procurement, construction, and handover.

INDUSTRIAL BACKBONE

responsibility, reducing emissions,

As the industrial arm of the Group,

minimizing waste, and ensuring energy-

VISION AND PURPOSE

TAKWEEN Metal Industries plays a critical

efficient operations to support a cleaner,

Mabani’s purpose is deeply rooted in elevating

role in bridging construction requirements

greener construction ecosystem.

industry standards, driving transparency, and

with advanced steel and metal solutions.

delivering excellence. The company aims to

Established to address the market’s need

A STRATEGIC ADVANTAGE FOR THE GROUP

build better communities by bringing ideas to

for a reliable, quality-driven industrial

By providing in-house industrial capabilities,

life through world-class solutions that reflect

partner, TAKWEEN supports both Mabani’s

TAKWEEN enhances Mabani’s speed, quality,

both professionalism and human impact.

internal operations and external clients.

and cost efficiency—creating a competitive

capable of delivering projects across

advantage unmatched in the region. THE 4D DELIVERY METHOD

QUALITY AS A CULTURE

Mabani for Projects implements a

TAKWEEN practices a quality-first philosophy

structured methodology to ensure

rooted not in inspection, but in culture.

precision and predictable outcomes:

Quality is applied at every step from

MABANI AL JAZEERA GROUP

sourcing trusted international suppliers to

+966 92 003 1827

 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



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.

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

nighttime police escorts, all secured in record

“In this region, expectations are high,” says

A recent fleet-disposal project in Dubai

time thanks to the team’s local expertise.

Shirin Bazargan, Operations Manager at Ritchie

showcased the strength of Ritchie Bros.’ full-

The entire fleet was dismantled, transported,

Bros. Middle East. “Our customers trust us

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

to avoid penalties and proceed with the

logistics from yard to buyer. That consistency is

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.”

Global buyers drive stronger equipment resale values

even in demanding market conditions. For Saudi buyers, the benefits are equally

INDUSTRY SECTOR - RITCHIE BROS. MIDDLE EAST. 27

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

construction contractors confidence when

and certainty unmatched in the region.

Transparent auctions give buyers confidence in every purchase

sourcing machinery for major civil engineering, infrastructure, or industrial projects.

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

With multiple selling formats, including

com to arrange fleet assessments, receive

Full-service fleet disposal removes operational risk for contractors

valuations or participate in upcoming auctions.

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

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

ne year after the conflict ended, Syria 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 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 rising demand, the Syrian Ministry of Energy signed a major concession contract with an international consortium led by Qatar’s UCC Holding to build and operate eight power plants totaling 5 gigawatts. Valued at $7 billion, the deal marked an important move toward a sustainable, public-private development model. In addition, Saudi Arabia’s ACWA Power signed a joint development agreement with the Syrian government to explore roughly 2.5 gigawatts of solar and wind capacity, including detailed studies of existing plants and the national grid. Large-scale investment remains essential for reconstruction, yet executing such projects is still fraught with challenges. The lingering effects of former sanctions

INDUSTRY SECTOR - SYRIA'S ENERGY FUTURE

HAISSAM CHAAR, CONTRIBUTOR

Massive investment is critical to restoring national power capacity

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

continue to slow progress. International

Engineers, technicians, and managers

partnerships. Among the early pioneers are

companies often need months for internal

require additional training in governance,

Saudi Arabia and Qatar, both recognizing the

approvals, risk assessments, and compliance

teamwork, empowerment, and critical

country’s reconstruction potential and actively

procedures. Before any project can begin,

thinking to effectively support reconstruction

engaging in its energy transformation.

feasibility studies, financing structures, and

efforts. Syria’s young population shows a

regulatory frameworks must be aligned.

strong eagerness to learn, and the Syrian diaspora includes many highly qualified

Major projects also depend on extensive

professionals willing to contribute. Their

subcontractor networks. Supply chains inside Syria must be rebuilt, logistics re-established, and industrial capacity expanded. Local contractors, materials, equipment, and skilled labor all require renewed support. During the conflict, the country’s B2B sector contracted sharply due to a lack of investment. Many specialized firms faced severe brain drain

International approvals delay major reconstruction project timelines

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

INDUSTRY SECTOR - EMCOTECH

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

INDUSTRY SECTOR - EMCOTECH

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

as a specialist in electromechanical (MEP) contracting and facility services, delivering everything from design and installation to maintenance and commissioning. Founded originally in Egypt in 2003, EMCOTECH has since expanded regionally, launching operations in Qatar in 2010 and establishing a Saudi Arabia branch in 2012. EMCOTECH’s core business covers a wide range of MEP services: HVAC systems, plumbing, fire-fighting, medical-gas systems, LPG and fuel systems, power systems, low-current works, swimming pools, water fountains and integrated automation solutions. The firm serves a diverse set of sectors from districtcooling plants to hotels, healthcare, shopping malls, residential developments, educational buildings, infrastructure and industrial facilities. What distinguishes EMCOTECH is not just breadth but consistency. The company markets itself as privately owned, fully licensed and insured with a methodical growth strategy emphasizing client satisfaction and long-term relationships. The company values honesty, integrity, accountability, excellence and timely execution. EMCOTECH’s recent projects reflect a growing footprint and a steadily increasing project pipeline. Among the more prominent works are:  Sumou Tower in Jeddah, Saudi Arabia, a signature development featuring full MEP scope.  Sumou Gate in Al Madinah, KSA, another major project under the company’s Saudi portfolio.  Bab Al Qasr Residence C31 at Yas Bay, Abu Dhabi, reflecting EMCOTECH’s reach beyond Saudi into the UAE. 

Industrial works such as the CEERWheel & Tire Factory in King Abdullah Economic City showing their credentials in heavy infrastructure.

INDUSTRY SECTOR - EMCOTECH

Projects span towers, resorts, malls and industrial complexes In 2025, EMCOTECH Arabia took part in BIG 5 Construct Saudi 2025, one of the region’s largest construction exhibitions underlining its ambition to stay at the forefront of innovation, sustainability, and industry collaboration. Behind EMCOTECH is a clearly articulated mission and vision which is integrate advanced technology and sustainable practices across projects; to serve as a catalyst for positive transformation in MEP and infrastructure; and to emerge as an international construction group adhering to global standards, while remaining client-focused and agile.

Delivering HVAC, fire, power and plumbing systems turnkey

For Saudi Arabia (and across the Gulf), EMCOTECH represents a class of midsize specialist firms that bridge the gap between global engineering standards and regional construction demand. As largescale urban, residential, hospitality, and industrial projects continue to grow under the ambitious Vision 2030, companies like EMCOTECH, with their MEP-centric expertise, stand to play a critical supporting role. ENG. SHREIF FARAG, CEO

In a landscape crowded with general contractors and full-service construction majors, EMCOTECH’s value lies in focused technical execution, consistency, and

Committed to quality, time, budget and safety

adaptability, qualities that appeal to developers seeking reliable MEP

EMCOTECH WATCH EMCOTECH VIDEO HERE.

+966 12 658 6686

partners for complex builds. VISIT WEBSITE

Leading MEP contractor across Gulf since 2003

EMAIL US

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

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

eco-friendly projects that will shape Saudi

that reduce environmental impact.”

the future of sustainable urban living.

Arabia’s skyline for decades to come.

Designed to meet the highest environmental DAC’s sustainable MEP solutions enhance

standards, it incorporates energy-efficient

As the Kingdom accelerates its ambitions to

operational efficiency and environmental

systems, green spaces, and advanced water

become a global hub for business, culture,

performance. Utilizing renewable energy,

conservation technologies. DAC Group’s

and innovation, DAC Group remains deeply

high-efficiency HVAC systems, and intelligent

vision for sustainability and integrated

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

management, and MEP services, the

with minimal carbon footprint while

of both developers and residents.

company is not only building the cities of

maintaining comfort and reliability.

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

The company’s end-to-end development “We understand the importance of reducing the

management approach ensures seamless

carbon footprint of our developments,” added

coordination across planning, design, and

URBAN TRANSFORMATION THROUGH

Mohamed. “Our projects are not just buildings—

execution. By aligning every stage with

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

operations from the earliest design stages

standards—cementing its role as a trusted

to final delivery. Each project integrates

POWERING VISION 2030 THROUGH

advanced MEP solutions that minimize energy

STRATEGIC PROJECTS

consumption, optimize water use, and reduce

DAC Group is a key contributor to Saudi

INNOVATION DRIVING EFFICIENCY AND VALUE

environmental impact, aligning with both

Arabia’s Vision 2030, helping diversify

At the heart of DAC Group’s success is its

international standards and local regulations.

the economy and build world-class

commitment to innovation. The company’s

partner in Saudi Arabia’s rapid urbanization.

infrastructure. Its projects span residential,

integration of smart building technologies

“Our mission is to create urban spaces that

commercial, and mixed-use developments,

allows for intelligent energy management,

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

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

costs and environmental impact. A standout example is Sumou Towers,

INDUSTRY SECTOR - DAC GROUP

“We are constantly exploring ways to integrate the latest technologies to ensure our buildings operate efficiently and sustainably,” said Mohamed. “For example, the use of solar energy systems in our residential and commercial developments helps reduce both energy costs and emissions.” MOHAMED MAGDY, DAC CEO

By embedding renewable energy and energy-efficient technologies in its projects, DAC supports Saudi Arabia’s national goal

is vital to the realization of Vision 2030.

only reducing environmental impact but also

of reducing dependence on fossil fuels.

Their collaborative approach is helping

improving the quality of life for residents.

This proactive approach positions the

shape the urban future of Saudi Arabia.”

company as a leading contributor to the Kingdom’s clean energy transition.

“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

COLLABORATION FOR A

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.”

collaboration with both public and private

to make it a partner of choice for large-

sector partners. The company works closely

scale urban developments nationwide.

with government agencies, developers, and contractors to ensure that every project

SHAPING THE NEXT GENERATION

DAC GROUP

aligns with national sustainability goals while

OF URBAN LIVING

+966 12 658 6686

serving the needs of local communities.

As Saudi Arabia continues to invest in largescale infrastructure and smart city initiatives,

A senior government official remarked,

DAC Group is helping lay the foundation for

“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

VISIT WEBSITE EMAIL US

INDUSTRY SECTOR - DUCORR SAUDI ARABIA

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

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 is a silent but relentless adversary. Protecting steel structures from marine terminals to industrial plants, pipelines to reinforced concrete is essential for longevity, safety, and 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

WHAT DUCORR DOES

Ducorr is a specialist corrosion‑engineering

Ducorr designs and implements cathodic

Ducorr’s solutions are engineered for

company providing end‑to‑end cathodic

protection systems that prevent corrosion

longevity, with systems capable of protecting

protection systems for infrastructure exposed

by controlling electrochemical reactions on

assets for up to 50 years, while minimizing

to aggressive marine, soil, and industrial

steel and reinforced concrete structures.

installation time and operational disruption.

environments. The company operates on a

These systems are critical for infrastructure

vertically integrated model, managing the

where failure is not an option.

full lifecycle of corrosion protection from

HOW DUCORR DELIVERS Ducorr’s delivery model combines engineering

design and manufacturing to installation,

CORE SERVICES INCLUDE:

precision with practical execution. Each

commissioning, and long‑term monitoring.

 Marine cathodic protection for ports,

project begins with detailed assessment

jetties, and offshore structures With more than 15 years of experience across the Middle East, Ducorr has earned a reputation for delivering technically robust solutions

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

that extend asset life, reduce maintenance

and underground storage tanks

costs, and improve long‑term performance.

 Concrete corrosion monitoring for basements, bridges, and foundations

and design, followed by in‑house manufacturing, expert installation, and thorough testing and commissioning. Long‑term monitoring ensures continued performance throughout the asset lifecycle. This integrated approach allows Ducorr to

INDUSTRY SECTOR - DUCORR SAUDI ARABIA

2030, offering faster response times and

focused on making cathodic protection

long‑term warranties of up to 30 years.

systems easier to design, install, and operate.

MAJOR PROJECTS IN THE KINGDOM

In Saudi Arabia, Ducorr Arabia is led by

Ducorr’s growing Saudi portfolio reflects

Mohamed Magdi, CEO, ensuring strong local

its versatility across multiple sectors:

governance, technical expertise, and alignment with national development priorities.



 maintain quality control, meet demanding project schedules, and tailor solutions to site‑specific environmental conditions.



Oxagon Terminal 1, NEOM – Advanced cathodic protection systems for marine

As Saudi Arabia advances its portfolio

steel structures within one of the Kingdom’s

of giga‑projects, ports, industrial zones,

most strategic port developments.

and urban developments, corrosion

Sumuo Tower, Jeddah – Corrosion

protection is becoming a strategic necessity.

protection for high‑rise foundations

Through its local presence, engineering

and underground utilities.

expertise, and proven project delivery,

Saudi Detergent Factory – Integrated

Ducorr Saudi Arabia is positioned as a key

corrosion mitigation solutions for industrial

partner in building resilient, long‑lasting

tanks, pipelines, and process equipment.

infrastructure for the Kingdom’s future.

SAUDI ARABIA EXPANSION In line with Saudi Arabia’s accelerating

These projects demonstrate Ducorr’s

infrastructure agenda, Ducorr has

capability to operate across harsh marine

established Ducorr Arabia, creating a

environments, dense urban developments,

permanent local presence in the Kingdom.

and demanding industrial settings.

The Saudi entity operates in partnership with DAC Group (Daman Group),

DUCORR SAUDI ARABIA

providing localized engineering, project

LEADERSHIP & VISION

execution, and after‑sales support.

Ducorr was founded by Hassan Sheikh, Chief Executive Officer, whose vision is to simplify

This expansion strengthens Ducorr’s ability to

and standardize corrosion protection while

serve mega‑projects, industrial developments,

improving long‑term asset performance.

and coastal infrastructure aligned with Vision

Under his leadership, the company has

+966 13 887 8888 VISIT WEBSITE EMAIL US

VitrA vitals VitrA invests significantly in design and innovation to develop world-class technology to improve our products and services. We call these specific benefits and features the VitrA vitals. They ensure our products and services are the best they can be, making them easy and intuitive to use, lasting a lifetime.

Explore the innovative technologies of VitrA

VitrA

Hygiene

VitrA

Clean

Fresh

VitrA Hygiene

VitrA Clean

VitrA Fresh

Bacteria-inhibiting glaze

Surface that repels dirt and dirty water

Detergent dispenser for better hygiene

VitrA

Rim-ex

VitrA

SmoothFlush

QuantumFlush

VitrA Rim-ex

VitrA SmoothFlush

VitrA QuantumFlush

Rimless toilet that banishes bacteria

Easy to clean rim-free WC pan

A brand new flushing technology

VitrA

V-Pure

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V-SuperFix

VitrA

BluEco

VitrA V-Pure

Technology that saves water

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Easy installation

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Eco - and wallet-friendly

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V-Bright

VitrA V-Bright

State-of-the-art technology for an extensive colour selection

PROJECT FOCUS - BUNA HOLDING

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

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 etiquette. A session on Advanced Excel with

moment, reflecting BUNA’s renewed brand

Reinforcing this ethos, Mohammed Sajid,

AI Analytics was scheduled for November

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

the people, projects, and partnerships that

emphasized that true progress in construction

offered practical wisdom on small habits

shaped who we were and drove us toward

meant ensuring everyone went home safe, an

that delivered a big impact. Organizational

a more innovative and sustainable future,”

approach built on trust, accountability, and

Excellence Manager Nora Mousatafa shared tips

said Eslam Radwan, CEO of BUNA Holding.

proactive risk prevention. “We aimed every

such as unplugging for a few minutes to stretch,

day to prevent risks before they happened

breathe, or step outside for clarity; prioritizing

Highlighting the company’s unwavering focus

and to lead with consistency and care,

the top three tasks daily for continuous

on excellence, the newsletter spotlighted

because when safety was strong, everything

improvement; and ending each week by

remarkable safety milestones in the HSE &

else ran better,” Mohammed noted.

reflecting on one win and one improvement

Safety Corner. BUNA achieved a new company

area. “Great things were done by a series of

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

teams to use temperature and humidity

more than 70 hours of professional

brought teams together around a colorful

monitoring tools to assess heat-stress levels

development in public speaking, effective

spread of fresh fruits, promoting wellness,

and post precaution signs, reminding workers

leadership, creative problem-solving,

healthy habits, and positive energy. More

small things brought together,” Nora advised.

PROJECT FOCUS - BUNA HOLDING

than a snack break, it served as a reminder that simple gestures of care could brighten days and strengthen team spirit. Under the banner “Together We Grow: People

ESLAM RADWAN, GROUP CEO

First,” the newsletter celebrated seven new joiners across departments, including

Attendees gained tools to build resilience,

readers could explore the company’s

Architectural Engineer Abdulmalik Talal,

recharge, reflect, and learn, complete with

latest updates and initiatives.

Construction Manager Ehab Hashem, and

giveaways to support a healthier mindset.

Business Development Manager Mohamed

For more on BUNA Holding's transformative

Awad. HR Announcements also introduced the

Buna Pulse also showcased standout employee

appointment of professional fitness trainer

achievements, including Employees of the

Capt. Ahmed Abd El Lateif, who was hired

Month IT Engineer Ahmed Shalaby and

to deliver tailored sessions exclusively for

Procurement Engineer Mahmoud Magdy,

the team, enriching ongoing development

and captured evocative moments such

BUNA HOLDING

programs and elevating workplace wellbeing.

as the Photo of the Month from Historic

+966 12 658 6686

Jeddah, where every alley told a story The FeelRight Mental Health Programme

and every window whispered history.

featured a special BUPA session in November focused on managing stress through

For more on BUNA Holding’s transformative

mindfulness and proper work-life balance.

projects and people-centric culture,

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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

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

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 that reflects the authenticity of the place and meets visitors’ aspirations.” The initiative underscores Al Balad Development Company’s commitment to preserving the architectural and cultural identity of Historic Jeddah while contributing to the broader objectives of Saudi Vision 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 showcase of Saudi heritage and innovation. As a PIF company, Al Balad Development Company continues to implement landmark

Al Balad Development - Jeddah

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

JAMIL HASSAN GHAZNAWI, CHIEF EXECUTIVE OFFICER

projects that breathe new life into one of the Kingdom’s most treasured districts, transforming Historic Jeddah into a thriving urban ecosystem where heritage, commerce, and creativity coexist seamlessly. Discover how Al Balad Development Company is redefining the future of heritage-driven urban development in Saudi Arabia.

AL BALAD DEVELOPMENT COMPANY VISIT WEBSITE

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

audi Arabia is experiencing a profound transformation in its hospitality and

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 into a cultural-heritage tourism hub.

including staff camps, modular

INTERIOR DESIGN & DECORATIVE VISION

housing, and amenities at Neom.

While specific interior design firms for

On the design and supervision side,

all projects are still emerging publicly,

firms like MAB Consulting oversee

there are notable examples:

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

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.

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

 Bechtel is deeply involved in Neom,

is transforming the historic city of Al-Ula

architectural heritage, blending modern

contributing its expertise in infrastructure,

into a luxury tourism destination. Al Balad

design with traditional elements to

engineering, and project management.

Development Company, also PIF-backed,

create a uniquely Saudi aesthetic.

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

Given the scale and ambition of these

 Pilgrims: Massive developments around

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

contracted to deliver high-end finishes, wellness

millions of Umrah and Hajj pilgrims, with a

for wealthy tourists, spiritual travelers, and

spaces, galleries, and culturally rooted motifs.

mix of moderate to premium hospitality.

families alike. As these developments come

 Families & Mass-Market Visitors: Integrated

online, they will redefine not only how Saudi

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  Luxury High-Net-Worth Tourists: Many

construction boom is much more than flashy

projects, especially along the Red Sea and

resort development, it is a strategic engine of

in Neom, are ultra-luxury resorts aimed

Vision 2030, designed to reshape the nation’s

at global elite travelers seeking wellness,

economic future. With giga-projects built by

privacy, and cutting-edge design.

major global and domestic contractors, and an

ALULA DEVELOPMENT COMPANY VISIT WEBSITE

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

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

Invoices progress through approval cycles at Day 60, Day 75, Day 90 and beyond.



Suppliers and subcontractors are paid by contractors who have not yet received funds.



Financial teams shoulder payroll, supply chain, and logistics obligations 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

identify clients with histories of late payment, frequent disputes,

 Suppliers are pressured into discounts

or chronic cash constraints.

payment terms. Continuing work preserves

to accelerate cash collection,

the project, but it also places disproportionate

compressing already narrow margins.

patterns to distinguish transactional

These practices do not merely affect cash flow;

outliers from systemic behaviours.

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?

risk factor and redesigned its pre-contract and

The company catalogued principal risks—late

project governance processes accordingly:

payments, bad debt, disputes, concentration

rather than exceptional. 

 Instituted a critical pre-project

risk, and manual billing errors—and traced  Developed customer profiles to

their root causes to onboarding deficiencies,

PROJECT FOCUS - RGS ADDRESSING PAYMENT RISK

ASH T. ARSHAD, GENERAL MANAGER

when clients demonstrate genuine

Resilient firms will be those that apply

short-term liquidity constraints.

consistent, principled commercial discipline: accepting projects where the economic

“As partners share risk, they must also

foundation is sound and declining or

share candour,” Mr. Arshad observed. “Late

restructuring engagements where it is not.

payments are an operational reality; denial is what undermines long-term collaboration.”

CONCLUSION Project success should be measured by more

These measures inform project selection,

than built outcomes; it must also reflect

contractual terms, and credit management—

equitable treatment of all contributors.

ambiguous contractual terms, and

preserving both commercial viability

By treating payment behavior as a leading

ineffective dispute-resolution procedures.

and constructive client relationships.

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

COMMERCIAL MEASURES AND

THE STRATEGIC QUESTION

seeks to ensure projects are delivered

PARTNERSHIP PRINCIPLES

Contractors routinely focus on technical

effectively—and that those who deliver them

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’

expectations prior to mobilization.

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

Preference for milestone-based billing over undifferentiated lump-sum arrangements.  Structured, negotiated payment plans

RGS addressed that question proactively and adjusted its commercial behaviour.

VISIT WEBSITE EMAIL US

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

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

Invoices progress through approval cycles at Day 60, Day 75, Day 90 and beyond



Suppliers and subcontractors are paid by contractors who have not yet received funds



Financial teams shoulder payroll, supply chain, and logistics obligations to avoid disrupting delivery



“We commence projects in good faith,” said Ash T. Arshad, General Manager, RGS. “Too often, clients do not adhere to agreed payment terms. Continuing work preserves the project, but it also places disproportionate financial risk on the contractor.”

SYSTEMIC PRACTICES AND THEIR CONSEQUENCES Common commercial practices

discounts to accelerate cash collection,

RGS treated payment behavior as a measurable

exacerbate the issue.

compressing already narrow margins

risk factor and redesigned its pre-contract and project governance processes accordingly.

 

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



Developed customer profiles to identify clients with histories of late payment, frequent disputes,

EARLY DETECTION AND RISK MAPPING

or chronic cash constraints

PROJECT FOCUS - RGS PAYMENT RISK

The company catalogued principal risks, late

resourcing. A parallel, less frequently asked

payments, bad debt, disputes, concentration

question is critical to long-term resilience.

risk, and manual billing errors and traced their root causes to onboarding deficiencies,

If contractors persistently absorb their clients’

ambiguous contractual terms, and

payment delays, at what point do they

ineffective dispute-resolution procedures.

themselves become the principal financial risk?

COMMERCIAL MEASURES AND

RGS addressed that question proactively

PARTNERSHIP PRINCIPLES

and adjusted its commercial behavior.

B4B is predicated on transparency and

Resilient firms will be those that apply

proportional allocation of commercial

consistent, principled commercial discipline:

risk. RGS’s practical measures include:

accepting projects where the economic foundation is sound and declining or



Open discussions of cash-flow

restructuring engagements where it is not.

expectations prior to mobilization 



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

when clients demonstrate genuine

indicator of relationship health and applying

short-term liquidity constraints

clear, commercially sound policies, RGS seeks to ensure projects are delivered

“As partners share risk, they must also

effectively and that those who deliver them

share candour,” Mr. Arshad observed. “Late

are compensated fairly and sustainably.

payments are an operational reality; denial is what undermines long-term collaboration.” 

Analyzed sectoral and client-level

These measures inform project selection,

patterns to distinguish transactional

contractual terms, and credit management,

outliers from systemic behaviors

preserving both commercial viability

RESA GULF SCAFFOLDING (RGS)

and constructive client relationships. 

VISIT WEBSITE

Instituted a critical pre-project assessment: are we engaging with a

THE STRATEGIC QUESTION

client or financing their operations?

Contractors routinely focus on technical 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

he 19th Real Estate Development

Jalal Al Kurdi, Commercial Director

Nicolás Otero, Business Development

Summit Saudi Arabia – Luxury Edition

– HH Shaker, unveiled the launch of

Manager – BIOO, introduced breakthrough

successfully concluded after two days of

Midea Shaker Company (MSA), a joint

biotechnology capable of transforming green

high-level exchange, strategic collaboration,

venture marking a transformational

spaces into producers of electricity, water

and global networking, bringing together

step in manufacturing localization.

savings, cooling, and interactive experiences.

decision makers shaping the future of the

The project begins with a 20,000 sqm facility

Through systems such as biopanels,

Kingdom’s rapidly evolving built environment.

with capacity for 650,000 AC units annually,

bioswitch installations, and bioluminescent

Held under the theme “Together Towards

expanding to 85,000 sqm with components

landscapes, and with implementation

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

across Saudi Arabia, where the real estate

NEOM, Red Sea, and Qiddiya, the facility

forefront of biotech-powered cities.

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

A MILESTONE MOMENT FOR INVESTMENT

ART AS EXPERIENCE: REDEFINING CULTURAL

& SUSTAINABILITY LEADERSHIP

STORYTELLING IN DEVELOPMENT

more than 800 leaders, investors, and

Tetyana Kovalenko, Founder & Chairwoman – Elite Stone Srl., explored the pillars of luxury: legacy, worldwide recognition and branding, uncompromising quality, limited availability 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

She referenced her 2,000-year-old quarry

the summit’s first dedicated investment track,

experiences rather than decoration.

in Italy, which incorporates all the true

featuring over 200 global investment leaders,

and exclusivity, and high economic value.

elements of luxury in its products.

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

zero emissions through carbon measurement,

Rosewood, and the Qatar National Museum,

ARABIA’S NET-ZERO MOMENTUM

reduction, and offsetting, reinforcing Saudi

Artevo highlighted the power of storytelling

Arabia’s leadership in sustainability.

and experiential installations in shaping distinctive luxury developments.

LOCALIZATION & INDUSTRIAL EXPANSION In a major industry announcement,

BIOTECH INNOVATION POWERING THE CITIES OF TOMORROW

Miklós Veszprémi, Senior Strategic Partnerships Manager – VCM, elaborated on the growing role of carbon credits and the Voluntary Carbon Market (VCM) in Saudi Arabia.

GBB EVENT - THE FUTURE OF REAL ESTATE 69

Established in 2021 with Public Investment

Led by:

operations, and new financing frameworks

Fund support, the Kingdom’s carbon exchange

Siddharth Peters, Co-Founder

enabling public-private partnerships, while

has rapidly become one of the world’s

– Love That Design

merging technology with cultural identity.

net-zero commitments. The session framed

Panellists:

INVESTMENT & RETURNS OUTLOOK: SAUDI

sustainable real estate as an environmental



largest, enabling corporations to accelerate

obligation, regulatory requirement, financial opportunity, and national expectation

Kristina Zanic, Founder & CEO –

ARABIA’S EVOLVING REAL ESTATE LANDSCAPE

Kristina Zanic Consultants 

supporting Vision 2030 ambitions.

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



Dharmali Kusumadi, SVP – Design

FROM SMART TO HUMAN-CENTRIC:

& Business Development – Banyan

THE NEW ARCHITECTURE PARADIGM

Tree Hotels & Resorts 

Rachel Johnson, Managing Principal – Wimberly Interiors



Dalia Muhndis, Executive Director – Interior Designer, Diriyah Company

The discussion emphasized storytelling,

Matthew Green, Head of Research – CBRE

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,

Expo 2030 and the 2034 FIFA World Cup.

ESTATE PROJECTS OF TOMORROW

presented a shift from purely sustainable

Real estate accounts for approximately

and smart buildings toward human-

12% of national GDP, with Riyadh office

centred architecture, using research-

markets operating at 98% capacity and

based design and biophilia to create

achieving 15% annual rent growth.

spaces that inspire connection.

Residential development is accelerating with 200,000 units planned by 2030, supported

Global mixed-use projects in Rotterdam,

by white land tax, private credit, and

Tokyo, London, and Riyadh illustrated

increased sovereign fund participation.

how public realm quality, mobility, and PARTNERSHIP ANNOUNCEMENTS

integrated lifestyles drive city vitality. The panel “Innovation Defining the Real REDEFINING LUXURY THROUGH

Estate Projects of Tomorrow”, moderated

STORYELLING AND SENSORY DESIGN

by John Fekete, General Manager – CBRE

PANEL: “ART OF ENHANCING EXPERIENCES”

Saudi Arabia, explored technology’s

& SIGNING CEREMONIES

role in reshaping development. Speakers included: 

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



Mohammed Habis, CEO – Al Gharbia Development & Investment Company



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

The panel explored the evolving meaning of

Akram Omar, Chief Development

The summit hosted multiple signing

experience in luxury hospitality, noting that

Officer – AWJ Holding Company

ceremonies celebrating major new

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

26H JEDDAH PROJECT

Visitor numbers surpassed 100 million in

A mixed-use landmark featuring:

2023, with a target of 150 million, while

 

270-key Hilton Tempo Hotel

hotel capacity is set to grow from 170,000

(first outside the USA)

to 358,000 keys. Key opportunities include

180 residential rental units

mid-scale hospitality, secondary cities,

7,000 sqm of retail space

and branded residences in holy cities. THE GROWING APPEAL OF BRANDED

Signed by:  

RESIDENCES IN EGYPT

Abdullah Mohammad Kamel, CEO – Alworoud Real Estate Investment Company

SAUDI ARABIA’S INVESTMENT

The session “Investment in Branded

Dr. Mostafa Mwafy, Co-

POTENTIAL BEYOND 2030

Residences in Egypt” featured:

The panel “Unveiling Saudi’s Investment



Founder – LDP+Partners 

Nader Fouda, Co-Founder – LDP+Partners

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

CEO – A Capital Holding 

Dalia El Kordy, CCO – A Capital Holding

Speakers discussed rising demand driven 

Walid Almurshed, CEO – Quara Holding

by investor confidence, premium living



Khalid Hassan Al Gahtani,

standards, and long-term resilience.

& DISTRIBUTORS FOR HIGHIMPACT MARKET GROWTH

Mohamed Salah Mohamed Abdelhakim,

Chairman – Haka Group 

Waleed Al Rashdan, CEO – Arbah Capital

BUILDING FOR LONG-TERM VALUE: SAUDI



Mohamed El Samman, Group

ARABIA’S NEW DEVELOPMENT MODEL

CEO – Rajhi Investment Co

The “Built for Returns” panel examined Vision

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

The Distributor–Manufacturer Meet brought together leading manufacturers and distributors shaping Saudi Arabia’s expanding real estate supply ecosystem.

Panellists: 

The session enabled product discovery,

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.

Ibrahim Alalwan, Managing Director – Watheeq Capital



Anas AlDowayan, CEO – Aldowayan Holding Company



Abdullah Kamel, CEO – Al Woroud Real Estate Investment Company

GBB EVENT - THE FUTURE OF REAL ESTATE 71



Mohammad Arab, Group CEO – Arab Group

Led by Susan Amawi, General Manager KSA – Knight Frank, the panel emphasized ESG, placemaking, and community value. GBB FUTURE MINDS PROGRAM This edition introduced the GBB Future Minds Program, engaging 30 students from Effat University with global architects and designers, in collaboration with LWK + Partners,

PLP Architecture, and Alien Architecture. Sessions covered resilient cities, humancentric design, and Saudi cultural storytelling, concluding with workshops and student presentations. RICA – SAUDI ARABIA’S PREMIER REAL ESTATE CHOICE AWARDS The REDS Industry Choice Awards (RICA 2025) celebrated excellence across Saudi Arabia’s real estate, architecture, and design sectors, with 59 nominees across 15 categories.

GBB concluded by introducing a Net-Zero pathway for the summit in partnership with VCM, reinforcing a responsible, Notable winners included Roshn Group, Red

industry-led approach to climate action.

Sea Global, Foster + Partners, Jeddah Front, Desert Rock, and individual leadership awards.

2026 EVENTS CALENDAR For opportunities across Saudi Arabia,

CLOSING PERSPECTIVE

UAE, and Africa, GBB invites interest via

Across discussions, a clear theme emerged:

marketing@gbbventure.com or through

Saudi Arabia is one of the world’s most

its upcoming events platform.

dynamic real estate markets, driven by Vision 2030 ambition, institutional capital, 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

74 EVENTS - WORLD ARCHITECTURE FESTIVAL

t the 2025 World Architecture Festival (WAF) in Miami, Amir Idiatulin, Founder

& CEO of IND and member of ISOCARP served as a jury member in the “Future Cultural Project” category. His participation came one year after IND won the same category with its Creative Cluster in Riyadh. The shift from laureate to juror offered a unique perspective on the world’s most influential architecture event and the evolving landscape of cultural architecture worldwide. THE JUDGING PROCESS AND HOW A WINNER IS BORN The jury consisted of three members: Amir Idiatulin (IND, Dubai/Eurasia), Dr. Yael Reisner (UK), and Rena Sakellaridou, founder of RS SPARCH (Greece). Over a full day, they evaluated 16 finalist presentations in the Future Projects – Culture category, representing 16 studios worldwide. “WAF’s format is demanding: 10 minutes to present, 10 minutes for questions. In that short window, a project must reveal itself, persuade, and leave a lasting impression,” says Idiatulin. “This marathon tests not only the architects but the strength of their ideas. From the jury’s side, what becomes decisive is clarity of graphics, a narrative that flows from context to social impact to sustainability, and the energy with which the author speaks about their work. Even the most brilliant concept can lose momentum if delivered without passion.” One moment stood out as a paradox. The 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

EVENTS - WORLD ARCHITECTURE FESTIVAL 75

art” are being replaced by projects that act as social catalysts generating connections, activating public spaces, and fostering community engagement. “Gone are the days when cultural buildings stood apart as isolated icons,” he says. “The most compelling projects today create environments where people gather, interact, and co-create cultural experiences.” IND’s win in 2024, followed by the selection of another Saudi-based project in 2025, highlights the Kingdom’s growing influence on global cultural architecture. “Our mission is to create environments where architecture, culture, creativity, and community form a unified ecosystem and WAF remains the most powerful platform to advance that vision,” says Amir Idiatulin. IND AND AMIR IDIATULIN PROFILE

urban planning, residential, educational,

awards, including the WAF 2024 award for

Amir Idiatulin is the founder and CEO of IND

social, and cultural initiatives. With a strong

Best Future Culture Project for a Сreative

and a member of ISOCARP (International

focus on creativity and sustainability, IND’s

Сluster in Riyadh — one of the most

Society of City and Regional Planners)

portfolio includes museums, theaters, and

prestigious global honors in architecture.

exhibition centers across diverse cultures. WORLD ARCHITECTURE FESTIVAL (WAF)

In 2008, at the age of 26, he established IND. Today, IND is an international architectural firm

Amir Idiatulin has received numerous

The World Architecture Festival (WAF),

specializing in projects worldwide, including

international and Russian architectural

founded in 2008, is the world’s largest live awards program for architects and designers. Gathering leading professionals from around the globe, WAF combines project presentations, live jury evaluations, exhibitions, and keynote discussions to celebrate excellence and advance architectural innovation.

ARTYCHOKE +971 4 3466779 VISIT WEBSITE WAF World Buildings Director

EVENTS - SPECTRUM LENS

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

EVENTS - SPECTRUM LENS

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. “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, 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

GBB 19TH

H REDS EVENT IN SAUDI ARABIA

EVENTS - SPECTRUM LENS

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

Award-winning realestate and architectural imagery expert

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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.

PROJECTINTERIORS FOCUS - NEW - ARTYCHOKE MURABBA

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PROJECT FOCUS INTERIORS - ARTYCHOKE - NEW MURABBA

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

Conservation House - Interior

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

a ju

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 Middle East, represents a new benchmark in ultra-luxury hospitality, one that places authenticity, nature, and cultural depth at its core. Artychoke’s role in shaping the artistic identity of the resort was both pivotal and profound. Tasked with capturing the spirit of

strongly contributed to Artychoke’s CID

on incredible local and regional talent,”

the Red Sea and the heritage of the Arabian

MENA win—was the studio’s collaboration with

the Artychoke team noted. “From natural

Peninsula, the studio curated a collection that

Saudi and regional artisans. These partnerships

materials to time-honored craftsmanship,

is as meaningful as it is visually compelling.

not only elevated the authenticity of the work

every piece was designed to honor both the

but also reinforced the Kingdom’s fast-growing

hands that made it and the stories behind it.”

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.

CURATING AUTHENTIC ANTIQUES FROM ACROSS THE MIDDLE EAST

bespoke art pieces, delivering an extraordinary feat of creative coordination. Each work

Artychoke worked closely with master

In addition to its contemporary commissions,

was thoughtfully conceived to reflect the

craftspeople specializing in traditional

Artychoke integrated genuine antiques sourced

natural environment, maritime traditions,

techniques such as hand carved woodwork,

from across the Middle East. These items,

and cultural narratives associated with the

ceramic sculpture, metalwork, textile weaving,

ranging from maritime objects to handcrafted

region. Organic textures, desert-inspired

and natural pigment finishing. Many of

vessels and heritage artifacts, were selected

palettes, and locally sourced materials served

these crafts were revived or reinterpreted

to create a sense of provenance and to weave

as the foundation for a visual language that

for the project, bringing forgotten skills

layers of history into the guest experience.

feels deeply connected to its surroundings.

into a new era and embedding cultural continuity into the resort’s design.

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

Each antique was carefully positioned to help form the cultural landscape of Nujuma,

“This project allowed us to shine a light

creating connections between the resort’s

PROJECTINTERIORS FOCUS - NEW - ARTYCHOKE MURABBA

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Kids and Teens Club - Interior

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

with their environment and audience,”

remains committed to advancing the role of art

Artychoke said. “Art becomes truly

in shaping memorable experiences. The studio

powerful when it deepens the sense of

continues to champion cultural storytelling

place and creates emotional memory.”

through thoughtful curation, artisan collaboration, and innovative design practices

A MILESTONE FOR THE REGION’S

that celebrate the richness of the region. As

modern architecture and the region’s rich

DESIGN LANDSCAPE

Saudi Arabia accelerates its transformation

historical tapestry. These pieces serve not

Artychoke’s win is significant not only for

under Vision 2030, the importance of art in

merely as décor but as touchpoints that invite

the firm but for the broader evolution of

defining identity, narrative, and place has

reflection, discovery, and emotional resonance.

the design industry in Saudi Arabia and the

never been clearer. Artychoke’s achievement

MENA region. As the Kingdom continues to

stands as a defining example of how creativity

ART WITH PURPOSE, STORYTELLING

advance its creative, cultural, and tourism

and culture can elevateworld-class design.

IN LUXURY HOSPITALITY

sectors, award-winning projects like Nujuma

For Artychoke, the essence of the project

underscore the global calibre of talent and

was never just about decorating spaces, it

innovation emerging from the country.

was about crafting a narrative. The studio approached each area of the resort as a chapter

The studio extended its appreciation

within a larger story about the Red Sea’s

to Nujuma, a Ritz-Carlton Reserve, its

ecosystems, the region’s trading heritage, the

valued partners, and Commercial Interior

ARTYCHOKE

textures of the desert, and the human ingenuity

Design for this distinguished honor.

+971 4 3466779

that has shaped life in this part of the world. BLENDING ART, LUXURY, AND “This recognition reflects our unwavering

UNFORGETTABLE EXPERIENCES

commitment to shaping spaces through

With a growing portfolio of luxury, hospitality,

meaningful art narratives that resonate

and destination-scale projects, Artychoke

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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.

INTERIORSPROJECT - KRISTINA FOCUS ZANIC - NEW CONSULTANTS MURABBA

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PROJECT FOCUS INTERIORS - KRISTINA - NEWZANIC MURABBA CONSULTANTS

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 night and are available until 15 March 2026. “The opening of InterContinental The Red Sea Resort marks the beginning of a new chapter for guests to explore the Red Sea’s extraordinary beauty,” said Francesco Pantalone, General Manager. He noted that the curated experiences, refined design, and warm spirit of discovery that shape the resort aim to leave “lasting impressions that extend well beyond each guest’s stay.” CELEBRATING DESIGN EXCELLENCE WITH KRISTINA ZANIC CONSULTANTS Among the property’s most defining features

elements in subtle, meaningful ways.

is its interior design—an artful blend of

transcends traditional hotel design, instead offering an experience that feels intimately

modernity, purpose, and cultural expression

At Shura Island, this translated into a

created by Kristina Zanic Consultants,

design vision rooted in organic forms, calm

one of the region’s most respected design

palettes, and tactile materials that mirror

A MASTERPIECE OF SUSTAINABILITY

studios. Led by award-winning designer

the surrounding coral reefs, dunes, and

AND ARCHITECTURAL HARMONY

Kristina Zanic, the firm is widely recognized

mangroves. Curved lines soften transitions

The resort’s commitment to environmental

for crafting spaces that fuse storytelling

between spaces, sunlight is intentionally

responsibility is highlighted by its

with a deep sense of place. Their work

invited to shift and dance across surfaces,

achievement of LEED BD+C Platinum

at InterContinental The Red Sea Resort

and artwork crafted by Saudi talent forms

Certification, the highest global benchmark

stands as a hallmark of this philosophy.

a central part of the guest journey.

for sustainable design and construction.

Kristina, known for her intuitive and narrative-

The studio’s signature ability to harmonize

conservation to locally sourced materials

driven design approach, believes that every

luxury with nature is woven throughout

reflects the Red Sea region’s mission to

project should “evoke a feeling, not just a

the resort. Kristina’s team crafted interiors

redefine luxury through sustainability.

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

before shaping interiors that reflect these

+ Partners. The result is a sanctuary that

architecture and natural landscapes.

connected to the Red Sea environment.

Every detail from energy systems and water

INTERIORSPROJECT - KRISTINA FOCUS ZANIC - NEW CONSULTANTS MURABBA

experience with private check-in, butler

87 87

 Chimes embodies Mediterranean elegance in an effortlessly stylish setting.

service, and tailored amenities that elevate every moment of the stay.

IN EARLY 2026, THE GASTRONOMIC DISCOVERY, WELLNESS, AND

JOURNEY EXPANDS WITH:

ADVENTURE IN HARMONY



American cuisine

The resort encourages guests to engage with nature while enjoying refined comfort.

Ardo, offering vibrant South



The 305, a Miami-inspired restaurant

A day might begin at SPA InterContinental,

and cigar lounge bringing new energy

where bespoke treatments embrace regional

to Shura Island’s dining scene

botanicals and holistic techniques. From there,

 Every concept is crafted to spark

cycling expeditions, sailing trips, and diving

exploration bymirroring the resort’s

excursions unveil the untouched beauty of

core ethos of discovery.

the Red Sea’s flourishing ecosystem, including some of the world’s most vibrant coral reefs.

A DEFINING DESTINATION FOR RED SEA LUXURY

Smooth, curved facades echo the motion of waves, while open-air corridors and

 Families are well-catered-for through Planet

shaded walkways invite natural breezes

Trekkers, the signature children’s and teens

visionary architecture, thoughtful experiences,

and diffused light. This architectural

club, offering marine-themed activities,

and the inspired interior design of Kristina

choreography creates a serene rhythm

supervised adventures, splash zones,

Zanic Consultants, InterContinental The Red

that guides visitors into spaces designed

and creative learning spaces ensuring

Sea Resort delivers a rare and immersive

for relaxation, reflection, and discovery.

younger guests experience the Red Sea

expression of modern luxury. It invites travelers

through play, discovery, and exploration.

not merely to stay, but to feel deeply connected

ELEGANT STAYS AND ELEVATED COMFORT

to the Red Sea—its colors, its rhythms,

InterContinental The Red Sea Resort offers 210

CULINARY EXPERIENCES INSPIRED

rooms and suites, all meticulously crafted to

BY GLOBAL JOURNEYS

emphasize space, comfort, and connection to

Dining at InterContinental The Red Sea Resort

the environment. Options range from 50 sqm

is a celebration of culture, context, and flavour.

King and Twin Rooms to the expansive Red Sea Three-Bedroom Suite, a 200+ sqm retreat

Through its interplay of natural beauty,

and its extraordinary sense of wonder.

INTERCONTINENTAL RED SEA RESORT+966 14 5040007

 Darein transports diners through Moroccan

ideal for families or groups seeking privacy.

WHATSAPP: +966 55 668255

and Levantine culinary traditions. 

Murrma pays homage to the

For guests desiring exclusive services,

mangroves through artisanal sweets,

Club InterContinental provides a secluded

pastries, and coffee rituals.

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INTERIORS - CENTURY DESIGN & BUILD

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

INTERIORS PROJECT - CENTURY FOCUS -DESIGN NEW MURABBA & BUILD

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PROJECT FOCUS - NEW MURABBA

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 “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

Amid the rising demand for reconstruction

that aligns with the platform’s goal of

PRESTIGIOUS PROJECTS

across Syria after years of conflict, a

restoring livable, dignified spaces.

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?

& Build has built a diverse portfolio across

connect investors, contractors, engineers,

According to a recent assessment by the

the Gulf and beyond, from luxury hotels to

real-estate developers and researchers

World Bank, rebuilding Syria’s damaged

residential developments. Their approach to

creating an ecosystem for coordinated

infrastructure and buildings will cost around

interior design focuses heavily on how users

rebuilding, investment, and sustainable

US$ 216 billion, a figure that underscores

experience space; functionality, aesthetics,

redevelopment across the war-torn country.

the immense scale of the challenge ahead.

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-

require sophisticated solutions not just raw

furniture showcasing their capability to

management, the firm is well positioned

construction, but careful design, planning,

handle large-scale, high-end projects.

to play a meaningful role in rebuilding

furniture, and project management.

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

spaces and public infrastructure.

sophistication, and project management

Platforms like Rebuilding Syria aim to aggregate trusted companies, vetted

has enabled Century to serve a broad

By joining the Rebuilding Syria Platform,

professionals, external investment and local

clientele, reinforcing their status among

Century could offer full-service solutions

expertise reducing fragmentation, enhancing

leading regional design-and-build firms.

from architectural design, interior and

transparency, and ensuring quality outcomes.

furniture work, fit-out services, and project

INTERIORS PROJECT - CENTURY FOCUS -DESIGN NEW MURABBA & BUILD

MOHAMED SOHEL ALBEIROUTI, FOUNDER

This is precisely where a firm like Century Décor

and dignified spaces combining

design excellence. Century Design & Build,

could add value. Its full-service model, regional

sustainable reconstruction with

with its full-fit-out offering and regional

experience, and design sensibility would

aesthetic and cultural sensitivity.

familiarity, could be one such partner.

help bring modern, high-standard rebuilds — not just quick construction, but dignified

“At Century, we believe every space tells a

For the readers of Saudi Projects and Syria

living, working, and hospitality spaces.

story. Today, those stories can help restore a

Projects, this signals a rare opportunity

nation. With our decades of design and build

for firms like Century could help shape a

WHAT THE FUTURE COULD HOLD

experience, we stand ready to deliver not

new chapter in Syria’s history, rebuilding

FOR CENTURY DESIGN & BUILD

just buildings but homes, communities, and

not only infrastructure but dignity,

 Residential housing & community rebuilds

hope. Syria deserves nothing less than our full

community, and a hopeful future.

from designing and delivering homes for

commitment.” Mohamed Sohel Albeirouti

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.

 Public infrastructure interior fit outs

will be long and complex. While estimates

 Hospitality and hotel projects by

for schools, clinics, community

such as the World Bank’s $216 billion

centers, offices, utilizing Century’s

outline the financial scale, the real task

furniture & design capabilities.

lies in organization, coordination, quality,

 Collaborations with investors and foreign

legal compliance and sustainable design.

stakeholders via Rebuilding Syria Platform,

CENTURY DESIGN & BUILD +966 55 794 4000

offering turnkey solutions to international

The Rebuilding Syria Platform offers a structure

investors seeking reliable partners.

for collaboration, but success depends on

 A symbolic role helping transform war-

trusted partners, transparent processes, and

scarred areas into functional, modern,

firms that combine technical know-how with

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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 .

INDUSTRY OPINION - MUSAYWIN RESEARCH 93

94 INDUSTRY OPINION - MUSAYWIN RESEARCH

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 underdocumented localities that may contribute to future research agendas. Scholars emphasize 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.

INDUSTRY OPINION - MUSAYWIN RESEARCH 95

Nonetheless, the attention surrounding

across Saudi Arabia. As new landscapes

Musaywin underscores the continued

come into focus, sites like Musaywin

importance of archaeological exploration

serve as reminders that the desert still

Musaywin reflects broader archaeological momentum across the Kingdom

MUSAYWIN RESEARCH

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

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human past of the Arabian Peninsula. EMAIL US

BUILDING SAUDI ARABIA’S FUTURE, ONE LANDMARK AT A TIME Expertly delivering complex projects with precision, performance, and a vision aligned with the Kingdom’s future.

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.

To explore our capabilities or connect with our team visit. www.buna.sa info@buna.sa +966 12 658 6686

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.

PROJECT FOCUS - RSG DIRECT EUROPEAN FLIGHTS

100 PROJECT FOCUS - RSG DIRECT EUROPEAN FLIGHTS

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 Red Sea coast, ushering in the next chapter of the Kingdom’s Vision 2030 journey.” RSI, operated by daa International serves as the aviation gateway to The Red Sea and

core, RSI and RSG’s wider destinations support

AMAALA. These destinations align perfectly

AMAALA. Developed with sustainability at its

the Kingdom’s renewed target to attract 150

with beOnd’s vision for premium leisure

million visitors by 2030, up from the original

travel. We appreciate the support from

100 million goal. Tourism’s contribution to

aviation authorities in both Saudi Arabia and

national GDP has already increased from 3%

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

to 7% since Vision 2030 was introduced.

Airports, for enabling this historic route.”

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

connecting Milan directly to The Red Sea and

most innovative, eco-centric tourism corridors.

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

PROJECT FOCUS - RSG DIRECT EUROPEAN FLIGHTS 101

energy, underscoring RSG’s dedication to generating a 30% net conservation benefit to local ecosystems by 2040. The Red Sea destination now features nine luxury hotels currently welcoming guests, alongside Andrew Tyler-Smith, CEO of RSI, commented:

Thuwal Private Retreat near Jeddah. This

“We are thrilled to welcome beOnd as the

week, RSG also announced the forthcoming

first airline offering direct service from

launch of AMAALA Triple Bay, which will

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

introduce six world-class luxury resorts, a

network expands, we are honored to partner

yacht club, marine life institute, advanced

with airlines that share our commitment

marina, and a vibrant Marina Village.

RSI strengthens Saudi Arabia’s global tourism connectivity

RED SEA GLOBAL (RSG) VISIT WEBSITE

to excellence and global connectivity.” Discover the next era of luxury, Both The Red Sea and AMAALA are

sustainability, and world-class hospitality

powered entirely by 100% renewable

at the Saudi Red Sea coast.

EMAIL US

102 RED SEA GLOBAL - EMPOWERING HERITAGE

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

RED SEA GLOBAL - EMPOWERING HERITAGE 103

104 RED SEA GLOBAL - EMPOWERING HERITAGE

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

High-quality artisan products for global markets

RED SEA GLOBAL - EMPOWERING HERITAGE 105

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.

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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108 RED SEA GLOBAL - COMMUNITY SPIRIT

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

region’s ancestral ties to the sea and RSG invited participation from local communities, blending sporting competition with cultural

sailing, local celebration, and nautical passion

underscored the importance of the company’s

heritage. Fourteen traditional dhows entered

at Turtle Bay on 28 November 2025. The event,

next-generation luxury destination AMAALA.

Ninety-five local sailors compete

held at The Red Sea destination, transformed the shoreline into a community festival and also

Under the “Set Sail” theme a tribute to the

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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

He added that the strong media turnout and

continues to demonstrate that sustainable

active public engagement confirm that The

tourism in Saudi Arabia can celebrate culture,

Red Sea destination is gaining recognition

empower communities, and position the

as “a platform for marine sports.”

Kingdom as a top global destination.

the main race, alongside five youth boats,

Looking ahead, the event and its growing

with a total of 95 sailors competing. The

popularity tie directly into RSG’s broader vision

atmosphere was festive, with families and

for AMAALA. Since its unveiling in November

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

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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

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, reducing about 2.9 million tonnes of CO₂ annually. This large-scale solar farm forms a critical pillar in the kingdom’s clean-power generation infrastructure. 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)

farm, Dumat Al-Jandal, located in Al Jouf

tonnes of CO₂ annually, and its power

and 3.0 GW solar across four sites.

province has a capacity of 400 MW, making

is supplied under a 20-year power

it one of the largest wind farms in the

purchase agreement to the Saudi grid.

Middle East. Its 99 Vestas turbines inject

The Dawadmi Wind IPP Plant (1.5 GW) 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 - TOP 5 GREEN ENERGY PROJECTS 115

RABIGH 2 SOLAR PROJECT

By investing heavily in solar farms, wind farms,

Awarded in 2024, the Rabigh 2 Solar PV

hydrogen production, and grid modernization,

Project (300 MW) is a collaboration between

the Kingdom is building the physical

TotalEnergies and Aljomaih Energy & Water

foundation for a sustainable energy future.

Company. This solar farm is backed by a 25-year Power Purchase Agreement with the Saudi Power Procurement Company,  Ad Darb (600 MW) in Jazan

with grid connection planned for 2026.

 Samtah (600 MW) by SEC/EDF

It adds to Saudi Arabia’s geographically

 Sufun (400 MW) in Hail by TotalEnergies/

diversified solar capacity, reinforcing the

Al Jomaih Energy & Water Company

robustness of its renewable infrastructure. 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.

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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.

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120 GIGA PROJECTS - 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 of the masterplan’s transformative phase. The properties range from one-bedroom studio apartments to four-bedroom duplexes, with two- and three-bedroom units in between. Prices start from SAR 1.6 million. These residences are designed with a thoughtful blend of traditional Najdi, reflecting centuries-old Saudi architecture and contemporary design standards, delivering a living experience that honors heritage while offering all the comforts of modern urban life.

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

According to the developer Diriyah Company,

to host more than 100,000 residents in what the

this marks the beginning of a much larger

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

residential vision; over 18,000 homes planned

The project aims to offer not just housing but a

GIGA PROJECTS - DIRIYAH GATE 121

First 239 premium homes launched in Manazel AlHadawi at Diriyah Gate

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

holistic, people-centric urban ecosystem, a livework-play environment, enriched with smartcity infrastructure and deep cultural roots. At the same time as the residential launch, Diriyah Company announced major contract awards totalling US $1.5 billion (SAR 5.7 billion), spanning residential, commercial, and infrastructure developments. Among them, contracts for office spaces within the Media & Innovation District, expansion of the Manazel AlHadawi plots, and critical road-works on King Khalid Road stand out for bolstering connectivity and supporting the district’s future growth.

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.

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122 GIGA PROJECTS - NOEM OXAGON

AHG SIGNS LAND LEASE WITH NEOM FOR INDUSTRIAL GASES FACILITY IN OXAGON SAR 600 MILLION INVESTMENT TO BUILD A PHASED INDUSTRIAL GASES HUB POWERING OXAGON’S NEXT GROWTH STAGE.

GIGA PROJECTS - NOEM OXAGON 123

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, multiphase 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

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126 TECHNOLOGY - DYNEX ARABIA

DYNEX ARABIA LAUNCHES NEW IDENTIT MARK A NEW ERA OF SAUDI EXCELLENC

EMBRACING SAUDI EXCELLENCE AND INNOVATION IN ENERGY AND INFRASTRUCTURE DEVELOPMENT.

TY TO CE

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128 TECHNOLOGY - DYNEX ARABIA

Mar

A New Identity rking a New Era of Saudi Excellence

TECHNOLOGY - DYNEX ARABIA 129

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. 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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