ASMO, a joint venture between Aramco and DHL, has broken ground on a massive 1.4 million square metre logistics hub at King Salman Energy Park. Developed in partnership with Arcapita, the facility aims to strengthen Saudi Arabia’s industrial supply chain. The site will feature smart technology and sustainable design, supporting the Kingdom's goal of becoming a premier regional trade gateway by 2030.
ROSHN Group and Agility Logistics Parks have signed an agreement to develop a Grade A logistics park in Saudi Arabia. The project will span up to 1.5 million square metres in a strategic trade corridor. By combining the expertise of a PIF-backed developer and a global industrial leader, the venture aims to improve supply chain resilience and support the Kingdom's goal of becoming a premier global trade gateway.
Saudi Arabia and Syria have signed a series of strategic investment agreements covering aviation, telecommunications, and infrastructure. Minister of Investment Khalid Al-Falih led a high-level delegation to Damascus to meet with President Ahmad Al-Sharaa. The deals include a major redevelopment of Aleppo International Airport and the creation of a new joint airline with Flynas. STC will lead efforts to modernise Syria's digital infrastructure while ACWA Power explores a large-scale desalination project.
Saudi Arabia's General Real Estate Authority has launched the long-awaited Real Estate Ownership System for Non-Saudi Nationals, effective from 22 January 2026. This new regulatory framework allows residents, non-residents, and international companies to own property across the Kingdom via the "Saudi Properties" digital portal. While major cities like Riyadh and Jeddah are included, specific restrictions remain for Makkah and Madinah to protect their unique status.
A new joint venture in Saudi Arabia has secured its first landmark deal to provide 2.25 GW of smart solar trackers for the Bisha Solar project. Nextpower Arabia, formed by Nextpower and Abunayyan Holding, will supply the equipment to Larsen & Toubro for the massive utility-scale plant in Asir Province. The move supports the Kingdom’s National Renewable Energy Program by shifting manufacturing and supply chain operations to local soil.
Al Saedan Real Estate has entered a major strategic partnership with Serpentine Lake Capital and SGI Real Estate to launch SL Property, an investment platform valued at SAR 1.5 billion. The initiative aims to develop a range of projects across Saudi Arabia, including residential communities, commercial hubs and digital infrastructure. By combining local development heritage with international asset management, the partners seek to deliver high-quality assets that support the Kingdom's economic diversification goals under Vision 2030.
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