Tabuk-NEOM round of Saudi Toyota Rally to kick off on May 18
The Saudi Automobile and Motorcycle Federation (SAMF) has announced initial details of the Tabuk-NEOM Rally, the second round of the 2023 Saudi Toyota Rally Championship, which takes place on May 18-20.
Running under the chairmanship of Prince Khalid...
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The Saudi Arabia construction equipment market is expected to grow at a CAGR of 5.47% during 2022 to 2029.
Saudi Arabian government in waste management projects in 2023 is expected to drive demand for loaders, excavators, and dump trucks in the country. The government aims to eliminate 82% of waste generated by 2030. Therefore, government fund is also allocated...
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Korea, Saudi Arabia sign MOUs for mobility, road projects
Korea and Saudi Arabia signed two initial agreements on Tuesday for future mobility and roads, the transport ministry said, in the latest move to boost cooperation between the two countries. The memorandums of understanding call for cooperation...
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The Activity Of The Saudi Construction Sector Increased By 35% In 2022
A report issued by the Saudi-American Business Council revealed a significant increase in the activity of the Saudi construction sector during the year 2022; As the value of contracts returned to pre-pandemic levels; He explained that the value of contracts...
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Saudi Arabia aims to surpass Dubai’s hotel room capacity by 2030 with 315,000 rooms
Saudi Arabia is planning a major expansion of its hospitality sector, which will add up to 315,000 hotel rooms by 2030, according to reports by global property consultancy, Knight Frank. In its report, Knight Frank states that this growth will result...
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NEOM awards $2bn contract to join OXAGON with THE LINE
Saudi Arabia’s $500 billion giga-project NEOM has awarded a $2 billion contract for the construction of the Connector South rail line that will link its industrial city OXAGON with THE LINE development. A joint venture of Italy-based...
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NEOM spending leads growth as the Saudi region with the most investment.
The Saudi construction sector saw a massive increase last year as the value of awarded contracts returned to pre-pandemic levels. The total value of awarded contracts in 2022 hit SR192.4bn ($51.3bn), last year according to a report by the US-Saudi Business...
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Stunning new NEOM photos show beauty of Saudi megaproject
NEOM has invited leading photographers to tour the region and capture the stunning environment of the Saudi megaproject. Ahead of opening to tourists in 2024, NEOM has partnered with Getty Images and Unsplash, the world’s largest providers of visual...
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