Ladun Investment Company, in consortium with Al Ayuni Investment and Contracting Company, has secured a major infrastructure development contract valued at SAR326.7 million ($87.08 million), according to a Saudi Stock Exchange (Tadawul) filing.
The Royal Commission for Riyadh City (RCRC) has announced that work has started on a major road project being developed as part of the second package of the Main and Ring Road Axes Development Program. The scope of work includes construction of four main bridges and three-lane roads in the Saudi capital.
The Royal Commission for Riyadh City (RCRC) has started work on two new Riyadh Metro stations within King Saud University, marking a key milestone on the Red Line extension project. The extension runs from King Saud University to the Diriyah Gate Development Project covering five new stations.
The Royal Commission for Riyadh City (RCRC) has announced the opening of its IE Center for Leadership and Innovation within Riyadh’s Creative District. The initiative represents a model for effective global partnerships, contributing to talent development and knowledge transfer.
Work has begun on the Dhahrat Namar Park, a 35-km green corridor in southwest Riyadh being developed as part of the massive King Salman Park project. Spanning 2.4 million sq m, it features tree-lined pedestrian promenades, 52 km of walking trails and a 33-km cycling track.