Saudi NHC to build 10,000 new residential units in Riyadh region
Saudi Arabia’s National Housing Company has announced the launch of 11 key residential projects in Khuzam area of capital Riyadh featuring over 10,000 units – ranging from luxurious villas to contemporary apartments – thus catering to different clients’ needs. These developments, including modern designs, are part of NHC’s strategic push to diversify housing supply and […]
Diriyah unveils plans for mega districts within $63bn project
Diriyah Company, a dynamic mixed-use developer transforming Saudi Arabia’s historic birthplace into a vibrant new capital of culture and entertainment destination, today (November 20) unveiled details of two high profile developments – Qurain Cultural District and Northern District – to be developed within its $63.2 billion Diriyah project, on the outskirts of Saudi capital Riyadh. […]
SEC, Acwa Power, Kepco sign $4bn Saudi power purchase deal
Saudi Electricity Company (SEC), Acwa Power, and Korea Electric Power Corporation (Kepco) have announced the signing of a Power Purchase Agreement with Saudi Power Procurement Company (SPPC) for two transformative power generation projects: Rumah 1 and Nairyah 1. With a combined capacity of 3.6 GW, these Independent Power Plant (IPP) projects represent a significant advancement […]