Giga project

Saudi Arabia’s construction output value is projected to hit $181.5 billion by the end of 2028 — a 28 percent rise over five years, according to global property consultancy Knight Frank, An analysis by the firm found that output value…
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Collaborations in city development, green technologies, and infrastructure financing were discussed by officials from Saudi Arabia and the UK at a special event in London. The UK-Saudi Sustainable Infrastructure Summit, held on June 24,…
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Leisure firm Saudi Entertainment Ventures is set to be incorporated into Qiddiya Investment Co., an affiliate of the Kingdom’s sovereign wealth fund. The integration of the firm, also known as SEVEN – another subsidiary of the Public…
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Saudi giga-project NEOM hosted 52 global, regional, and local financial institutions, showcasing ongoing progress across key projects and highlighting investment opportunities. The meeting also reviewed the progress and latest…
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Saudi Arabia’s Public Investment Fund is combining two giga project developers on the Red Sea coast to “leverage synergies” as the Kingdom goes ahead with ambitious tourism goals. The consolidation deal will see The Red Sea Development…
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About 150 design and construction companies visited NEOM in the last four days, as the Saudi giga project aims to explore partnership opportunities. NEOM is seeking contractors for, and investors in the giga project, which is located in…
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