Company Insights Roshn Real Estate Roshn News Construction PIF-backed Roshn launches new residential project in Riyadh Saudi property developer Roshn has launched its second residential community – Warefa – in Riyadh’s Al Janadriyyah district, which will be home to 13,000 residents. The residential community will include a district mall, primary healthcare facility, public and private schools, and multiple mosques, state-run SPA news agency reported. The development will cover 1.4 million sq […] March 8, 2023 Construction Ardco’s $1.6bn vision blurred by Saudi mega-projects A slowdown in residential property demand and construction capacity issues due to Saudi Arabia’s bulging projects pipeline will be among some of the challenges facing Ardco, the latest player to the Riyadh property market and development scene, experts said. Ardco, which is also known as the Riyadh Development Company, announced last month it is becoming […] March 2, 2023 Construction Value of Saudi project contracts doubled to $24.6bn in 2022 The value of giga-project related contracts awarded in Saudi Arabia in 2022 grew by 103 percent to $24.6 billion from $12 billion the previous year. As the kingdom accelerates activity towards achieving its Vision 2030 economic diversification goals, Neom saw the highest number and value of awarded contracts, especially on infrastructure works on The Line. […] February 24, 2023 Tourism Saudi Arabia adds Diriyah to PIF’s gigaproject portfolio Saudi Arabia has added Diriyah project to the portfolio of its sovereign wealth fund, Public Investment Fund (PIF), state-owned SPA news agency reported, citing an announcement by Crown Prince Mohammad bin Salman. PIF’s gigaprojects portfolio includes Neom, Red Sea, Qiddiya and Roshn. The Diriyah gigaproject is expected to create partnerships with the local private sector, […] January 10, 2023 Analysis Real Estate Young Saudi workers demand more affordable, smaller flats The total value of homes sold in Saudi Arabia rose 6 percent in the first three quarters of this year, with prices in some of the most affluent areas of the capital Riyadh rising by up to 40 percent year-on-year. Despite this, industry research showed the total number of Saudi real estate sales during the […] November 29, 2022 Posts navigation Previous 1 … 4 5
Construction PIF-backed Roshn launches new residential project in Riyadh Saudi property developer Roshn has launched its second residential community – Warefa – in Riyadh’s Al Janadriyyah district, which will be home to 13,000 residents. The residential community will include a district mall, primary healthcare facility, public and private schools, and multiple mosques, state-run SPA news agency reported. The development will cover 1.4 million sq […] March 8, 2023
Construction Ardco’s $1.6bn vision blurred by Saudi mega-projects A slowdown in residential property demand and construction capacity issues due to Saudi Arabia’s bulging projects pipeline will be among some of the challenges facing Ardco, the latest player to the Riyadh property market and development scene, experts said. Ardco, which is also known as the Riyadh Development Company, announced last month it is becoming […] March 2, 2023
Construction Value of Saudi project contracts doubled to $24.6bn in 2022 The value of giga-project related contracts awarded in Saudi Arabia in 2022 grew by 103 percent to $24.6 billion from $12 billion the previous year. As the kingdom accelerates activity towards achieving its Vision 2030 economic diversification goals, Neom saw the highest number and value of awarded contracts, especially on infrastructure works on The Line. […] February 24, 2023
Tourism Saudi Arabia adds Diriyah to PIF’s gigaproject portfolio Saudi Arabia has added Diriyah project to the portfolio of its sovereign wealth fund, Public Investment Fund (PIF), state-owned SPA news agency reported, citing an announcement by Crown Prince Mohammad bin Salman. PIF’s gigaprojects portfolio includes Neom, Red Sea, Qiddiya and Roshn. The Diriyah gigaproject is expected to create partnerships with the local private sector, […] January 10, 2023
Analysis Real Estate Young Saudi workers demand more affordable, smaller flats The total value of homes sold in Saudi Arabia rose 6 percent in the first three quarters of this year, with prices in some of the most affluent areas of the capital Riyadh rising by up to 40 percent year-on-year. Despite this, industry research showed the total number of Saudi real estate sales during the […] November 29, 2022
