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16/09/2025 07:50 AST
Dar Al Majdiah Real Estate Company (Al Majdiah) has signed two contracts with Tatweej Contracting Company to implement two residential projects - one each in Riyadh and Jeddah - as part of the company's projects with the National Housing Company (NHC).
The Adeem Al-Fursan project in Riyadh is an off-plan development comprising 540 villas and townhouses. The SAR298.127 million ($79.47 million) contract comes within the company's commitment to its expansion plans to develop high-quality residential projects that align with Saudi Vision 2030 and meet the needs of the real estate market, said a company filing at the Saudi Exchange.
In another contract, Al Majdiah awarded the construction of the Khayala 1 residential project in Jeddah, which is also one of the company's projects with the National Housing Company (NHC) to Tatweej Contracting.
The project is an off-plan development comprising 528 residential units and the contract is valued at SAR155.48 million ($41.45 million).
The scope of the contracts includes construction, infrastructure, and all execution works in accordance with the approved specifications.
Trade Arabia
22/08/2025
For the third consecutive year, Almarai has been recognized as the fourth most valuable dairy company worldwide for 2025 by Brand Finance, the industry leader in brand valuation.
This rankin
Saudi Gazette
16/06/2025
Saudi dairy giant Almarai has signed an agreement to fully acquire Pure Beverages Industry Co. for SR1.04 billion ($277 million), aiming to diversify its offerings and enhance its market position. <
Arab News
21/01/2018
Saudi Arabia's Almarai, the Gulf's largest dairy company, reported a 4.3 percent decline in fourth-quarter profit on Sunday due to tough market conditions that prevailed throughout 2017, missing some
Reuters
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| SADAFCO | 238.50 | -2.80 (-1.17 |
| SAVOLAGROUP | 24.30 | 0.00 (0.00 |
| NADEC | 18.42 | -0.10 (-0.54 |
| FIRSTMILLS | 49.74 | 0.30 (0.60 |
| MODERNMILLS | 31.60 | 0.44 (1.41 |
01/01/2026
As part of its steadfast commitment to delivering a best-in-class digital banking experience, National Bank of Kuwait (NBK) announced the launch of a suite of qualitative updates and enhancements to
Kuwait Times
01/01/2026
Bank Muscat announced that it successfully managed series 10 of the Sovereign Sukuk Issuance launched by Oman Sovereign Sukuk Company, with a total value of OMR200 million. The sukuk carries a 7-yea
ONA
01/01/2026
Oman's Bank Nizwa has announced that it had successfully closed the 10th series of local currency sovereign sukuk worth RO200 million ($519 million) acting as the joint issue manager and collecting b
Trade Arabia
01/01/2026
ACWA Power Co has announced its entry into China after securing more than 1 gigawatt (GW) of renewable energy projects, according to a stock exchange disclosure.
The company said it received
Trade Arabia
01/01/2026
Saipem, a global leader in the engineering and construction of major projects, has announced that it has been awarded two offshore contracts worth $600 million in Saudi Arabia, known as Contract Rele
Trade Arabia
Financial Information Co.
Saudi Arabia