Saudi Arabia's Knowledge Economic City (KEC) has announced that it had signed an agreement with Kaden Investment Company to develop a mixed-use project in Madinah with an estimated gross floor area of about 229,117 sq m.
flyadeal, a low-cost carrier of Saudia Group, has launched direct flights between Madinah and Karachi, strengthening air connectivity between Saudi Arabia and Pakistan. The airline will operate two weekly flights on the new route using Airbus A320neo aircraft configured with 186 Economy Class seats.
In an exclusive interview with Gulf Construction, Knowledge Economic City’s CEO Dr Moath Al-Yahya outlines the accelerated delivery of KEC’s major destinations and its vision for an integrated city combining hospitality, residential, cultural and lifestyle offerings.
Saudi Arabia has identified an estimated 114 million tonnes of ore containing high concentrations of rare earth elements and promising uranium deposits at the Jabal Sayid project in the Madinah region, Energy Minister Prince Abdulaziz bin Salman announced at the 70th General Conference of the International Atomic Energy Agency (IAEA) in Vienna.
Saudi Arabia’s Knowledge Economic City has signed an agreement with Almajdiah and Capital Hill for the development of a new residential project in Madinah at an estimated cost of SAR2.8 billion ($738 million). The project will boast around 2,700 residential apartments as well as 8,000 sqm net leasable commercial space.
Knowledge Economic City has announced a strategic partnership with UAE-based Apparel Group to bring 24 international retail and dining brands across 8,686 sq m to its Multaqa Al Madinah Mall, including 10 brands making their debut in Madinah.
Red Sea International, a specialist in modular construction and prefabricated buildings, has sought regulatory approval to raise SAR280 million ($73.7 million) through a rights issue of 28 million ordinary shares, which would boost its capital to SAR762.7 million ($201 million).
Saudi low-cost carrier flynas will launch direct flights between Madinah and Brussels from October 5, 2026, expanding its international network and offering passengers more travel options between Saudi Arabia and Belgium.
Masdar, a leading building and construction materials company in Saudi Arabia, has announced the opening of its fully integrated construction and building materials facility in Madinah.
Madinah Regional Municipality has launched the pilot phase of the second stage of the Madinah Parking Project, covering several key areas as part of its efforts to enhance mobility, improve accessibility, and streamline transportation across the city.