Frontera Intelligence
REAL ESTATE TERMINAL A LLHAR MEDIA COMPANYSaudi%20Arabia
A $5.5 Billion Bet: PIF and MRCB's Ambitious Mixed-Use Vision for Makkah
At the heart of Makkah, a $5.5 billion venture is stirring the pot of urban transformation. Saudi Arabia’s Public Investment Fund (PIF), through its RUA AlHaram......
Brent Crude Surges Past $106 Following Houthi Attacks on Saudi Facilities
Brent crude oil has surged past the $106 mark, a stark reminder of the volatility that defines the energy markets. This spike follows claims by Yemen's Houthi r......
Jeddah Tower: A Monument to Safety and Ambition
In a remarkable achievement, the Saudi Binladin Group (SBG) has reported surpassing 20 million safe man-hours at the Jeddah Tower project. This staggering figur......
ROSHN Group and Talaat Moustafa Group Launch Riyadh Mixed-Use Project
ROSHN Group and Talaat Moustafa Group will develop a mixed-use project in Riyadh. The project will include over 55,000 residential units. The two companies will......
Saudi Arabia Launches New Murabba Project, $20 Billion Investment
Saudi Arabia has initiated the New Murabba Project. This venture represents a $20 billion investment in urban development. The project aims to reshape Riyadh's ......
PIF's RUA and MRCB Explore $5.5B Mixed-Use Project in Makkah
Saudi Arabia's Public Investment Fund (PIF) through its firm RUA AlHaram AlMakki is collaborating with Malaysia's MRCB to explore a $5.5 billion mixed-use devel...
Brent Crude Surges Past $106 Following Houthi Attacks on Saudi Facilities
Brent crude oil prices have surged to over $106 per barrel after the Houthi rebel group claimed successful attacks on Saudi Aramco facilities. This escalation i...
Saudi Binladin Group Achieves 20 Million Safe Man-Hours at Jeddah Tower
Saudi Binladin Group has reported reaching 20 million safe man-hours in the construction of Jeddah Tower, which is set to be the tallest building in the world u...
Umm Al Qura Sells Four Masar Land Plots for $160 Million
Umm Al Qura has completed the sale of four land plots within the Masar Destination in Makkah for $160 million. The acquired sites are designated for the develop...
ROSHN Group and Talaat Moustafa Group Launch Riyadh Mixed-Use Project
ROSHN Group and Talaat Moustafa Group have initiated detailed master planning for a significant mixed-use development in Riyadh, comprising over 55,000 resident...
Hilton Expands Mid-Market Strategy in Saudi Arabia
Hilton is shifting its focus in Saudi Arabia from luxury hotels to mid-market brands and franchises, leveraging its successful experience in Turkey. This strate...
Expo 2030 Riyadh Signs $853M Joint Venture for Expo Village
Expo 2030 Riyadh has entered into an $853 million joint venture with Mohammed Al Habib to develop the Expo Village, which will serve as a key component of the u...
Saudi Arabia Shuts Down East-West Crude Oil Pipeline After Attacks
Saudi Arabia has halted operations on its East-West crude oil pipeline following multiple attacks, significantly impacting the country's oil export capabilities...
Qiddiya Awards $221M MEP Contract for Stadium Construction
Qiddiya has awarded a $221 million contract for mechanical, electrical, and plumbing (MEP) works for the Prince Mohammed Bin Salman Stadium, which will have a c...
Saudi PIF Launches Developer for Al Khafji Coastal Project
The Saudi Public Investment Fund (PIF) has established a new development company aimed at creating a major coastal destination in Al Khafji. This initiative is ...
Humain Breaks Ground on Neom's Oxagon Data Center Project
Humain has officially commenced construction on the Oxagon data center located in Neom, Saudi Arabia. This facility is set to target a significant capacity of 1...
Saudi Arabia Launches New Murabba Project, $20 Billion Investment
Saudi Arabia has initiated the New Murabba project, a significant urban development initiative in Riyadh, with an estimated investment of $20 billion. This proj...
Refad to Develop Grade A Logistics Warehouse at Dammam Port
Refad is set to develop a Grade A logistics warehouse at King Abdulaziz Port in Dammam, with completion expected by 2027. This project aligns with Saudi Arabia'...
Four Seasons Launches Luxury Residences in Saudi Arabia
Four Seasons, in partnership with Red Sea Global, has launched two luxury branded residence projects in Saudi Arabia, located on Shura Island and in Amaala. The...
New Murabba Partners with Almana Medical for $266M Riyadh Hospital
New Murabba has entered into a $266 million agreement with Almana Medical Group to construct a 200-bed hospital in Riyadh. This project is part of a larger inte...
Hamad Bin Saedan Awards SAR13.76mn Contract for Riyadh Project
Hamad Bin Saedan has awarded a SAR13.76 million contract to Raya Al Omran for the construction of residential units at the Dar Hamad 3 project in Riyadh. This d...
Radisson Expands in Saudi Arabia Amid Gulf Recovery Disparities
Radisson's development strategy highlights a significant divergence in recovery across the Gulf region, with Saudi Arabia showing robust domestic demand compare...
Red Sea Global Opens 110-Key Rosewood AMAALA Resort in Saudi Arabia
Red Sea Global has launched the Rosewood AMAALA Resort, featuring 110 keys and branded residences in Saudi Arabia, enhancing the region's luxury hospitality off...
Saudi Arabia and Egypt Lead Hotel Construction in Middle East
Saudi Arabia and Egypt are driving hotel construction in the Middle East, indicating strong market demand despite regional disruptions. The UAE is lagging in th...