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Tilal unveils $1.6bn luxury development in AI Khobar

Gulf Construction

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December 2024

Real Estates, a leading real estate company in Saudi Arabia, has unveiled its premium mixed-use project - Heart of Khobar (HOK) which will come up in the Eastern Province at an investment of SR6 billion ($1.63 billion).

Tilal unveils $1.6bn luxury development in AI Khobar

Launching the project at the Cityscape Global exhibition held last month in Riyadh, Tilal said it is aimed at providing adequate housing for Saudi families in a sustainable and pedestrian-friendly urban environment and promoting an integrated lifestyle in the heart of AI Khobar.

Strategically located in the luxurious AI Rawabi neighbourhood, the HOK project extends over a total area of 268,813 sq m.

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Gulf Construction

Gulf Construction

L&T lands $1.6bn Mideast gas plant deal

LEADING Indian engineering and construction conglomerate Larsen & Toubro (L&T) has announced that its hydrocarbon onshore business - in consortium with Greek company Consolidated Contractors (Offshore) - has clinched an ultra-mega order worth over Rs150 billion ($1.68 billion) for a major energy project in the Middle East.

time to read

1 min

November 2025

Gulf Construction

Gulf Construction

Ritchie Bros. prepares for major year-end auction

RITCHIE BROS., a global asset management and disposition company, continues to see strong momentum across regions, particularly in the Middle East, where preparations are under way for a major year-end auction in Dubai (December 9 and 10).

time to read

2 mins

November 2025

Gulf Construction

Gulf Construction

Azizi launches new residential landmark along Dubai Creek

UAE-BASED Azizi Developments has announced the launch of its latest premium residential development – Azizi Leily – in the vibrant and strategically located Al Jaddaf area of Dubai.

time to read

1 min

November 2025

Gulf Construction

Gulf Construction

Riyad Capital, SAR eye $1.6bn real estate fund

RIYAD CAPITAL, one of the kingdom's largest asset managers and a leading company in real estate investment, has announced that it will join hands with the Saudi Railway Company (SAR) to establish a real estate fund aimed at developing a mixed-use project based on the Transit Oriented Development (TOD) model, a global concept focused on creating integrated urban communities adjacent to public transport stations.

time to read

1 min

November 2025

Gulf Construction

Gulf Construction

Sanipex opens luxury lifestyle showroom in Dubai

SANIPEX Group has announced the opening of its new luxury lifestyle showroom Bagnodesign, Bystro and Gaggenau - in Jumeirah, Dubai.

time to read

1 mins

November 2025

Gulf Construction

Gulf Construction

JLL named leasing advisor for Riyadh Metro network

THE Royal Commission for Riyadh City (RCRC) has signed up global real estate advisory JLL as the leasing advisor for the entire commercial network of Riyadh Metro.

time to read

1 min

November 2025

Gulf Construction

Alkhorayef preferred bidder for Jazan project

THE Saudi Water Partnership Company (SWPC) has announced that Alkhorayef Water and Power Technologies has emerged as the preferred bidder for the Small Sewage Treatment Plants (SSTPs) Project in the Jazan region following the successful evaluation process for bids.

time to read

1 min

November 2025

Gulf Construction

Gulf Construction

Sobha soars high with its tallest creation

SOBHA REALTY, a leading global luxury real estate developer, has announced the launch of its latest development, Sobha SkyParks, on Sheikh Zayed Road, Dubai.

time to read

1 mins

November 2025

Gulf Construction

Gulf Construction

King Salman Gate project announced for Makkah

KING SALMAN GATE, a transformative multi-use development in Makkah city, has been announced by HRH Prince Mohammed bin Salman bin Abdulaziz Al Saud, Saudi Arabia's Crown Prince, Prime Minister and Chairman of the Board of Directors of RUA AlHaram AlMakki Company.

time to read

1 min

November 2025

Gulf Construction

Gulf Construction

Kuwait opens real estate to firms with expat partners

IN A major move, Kuwait has issued a new decree regulating real estate ownership by companies, investment funds, and portfolios, including those with foreign partners, under specific conditions, reported Arab Times. citing the official gazette (Kuwait Alyawm).

time to read

1 min

November 2025

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