Power sector awards momentum accelerates
26 December 2024

The Middle East and North Africa (Mena) region’s power sector awarded over $60bn of contracts between January and early November 2024, up 47.5% compared to the value of awarded contracts in the previous full year.
This figure is more than double the average value of annual contract awards recorded between 2014 and 2023, based on data from regional projects tracker MEED Projects.
It also exceeds by 21% the total combined value of contracts awarded between 2018 and 2020, when some regional governments and utilities began pivoting to renewable energy and freezing the expansion of thermal plant capacities, in line with goals aimed at decarbonising their electricity systems.
In 2020, the Covid-19 pandemic slowed down project activity and temporarily delayed the awarding of some contracts.
The market staged a short-lived comeback in 2021, when Saudi Arabia awarded a string of contracts for solar photovoltaic (PV) independent power projects (IPPs), including a contract to develop the 600MW Shoaiba solar PV scheme, which holds the world record for the lowest unsubsidised solar PV production at $cents1.04 a kilowatt-hour.
A slight contraction occurred the following year due to a spike in raw materials and engineering, procurement and construction (EPC) costs.
Last year saw a stunning recovery, however, helped by the award of new renewable energy projects in Saudi Arabia, the UAE, Egypt and Oman, as well as by a resumption of contract awards for new gas-fired power plants, particularly in Saudi Arabia, Libya and Iraq.
Yet 2024 is set to outshine 2023 in terms of awarded contracts for thermal, renewable energy and nuclear power generation plants, as well as for power transmission and distribution (T&D) infrastructure such as substations and overhead transmission lines.
Major 2024 awards
In 2023, power generation projects accounted for an estimated 79% of total contract awards, with T&D projects accounting for the rest.
A different picture is emerging in 2024, with data in the first nine months of the year suggesting that generation contract awards are retreating to about 64% of the total. This is due to increased T&D capital spending that has so far driven a 150% increase in award value compared to full-year 2023.
This is a clear indicator of T&D capacity buildout catching up with the generation capacity expansion, especially as larger economies such as Saudi Arabia strive to set up stronger and more efficient electricity links domestically, and as the energy-rich GCC states seek to establish stronger electricity links with one another and with their neighbours, including Egypt, Iraq and Jordan.
Saudi Arabia has dominated the overall Mena power contracts landscape. Its share of 29% in 2022 soared to 61% in 2023 and 67% in the first 10-11 months of 2024.
In May, principal buyer Saudi Power Procurement Company (SPPC) signed two power-purchase agreements with Japan’s Marubeni Corporation for contracts to develop two wind IPPs under the fourth round of the National Renewable Energy Programme (NREP). The Al-Ghat and Waad Al-Shamal wind IPPs have a total combined capacity of 1,100MW.
The contract for a third wind IPP, tendered as part of round four of the NREP, is also expected to be awarded soon.
In June, Saudi sovereign wealth vehicle the Public Investment Fund (PIF) let the fourth batch of solar PV schemes, which it is implementing bilaterally through the Price Discovery Scheme.
A team comprising Acwa Power, PIF-backed Water & Electricity Holding Company (Badeel) and Saudi Aramco Power Company (Sapco), a subsidiary of the state majority-owned oil giant Saudi Aramco, will develop the three solar projects, which will have a total combined capacity of 5,500MW and will require an investment of about $3.3bn.
The Haden solar PV and Muwayh solar power plants, which will each have a capacity of 2,000MW, will be located in Saudi Arabia’s Mecca region. The third project, the 1,500MW Al-Khushaybi solar PV plant, will be located in the Qassim region. The three new solar PV facilities are expected to become operational in the first half of 2027.
In early November, SPPC also announced the winning bidders for the contracts to develop four combined-cycle gas turbine plants comprising the second batch of thermal capacity that it has tendered since 2023. The four plants, located in Riyadh and the Eastern Province, will each have a capacity of 1,800MW and will require an investment of about $2bn each.
A developer consortium comprising the UAE-based Abu Dhabi National Energy Company (Taqa), Japan’s Jera Company and the local Albawani Company successfully bid for the contracts to develop and operate the Rumah 2 and Nairiyah 2 IPPs. Meanwhile, Saudi Electricity Company (SEC), Riyadh-based utility developer Acwa Power and South Korea’s Korea Electric Power Corporation (Kepco) won the contracts to develop and operate the similarly configured Rumah 1 and Nairiyah 1 IPPs.
State utility SEC is also understood to have issued the limited notices to proceed for six greenfield thermal power plants with a total combined capacity of over 16,000MW.
Power generation projects for which final contracts are expected to be awarded before the end of 2024 include:
- Hajr: 3,600MW
- Marjan: 1,800MW
- Riyadh PP12: 1,800MW
- Qurayyah: 3,600MW
- Ghazlan 1: 2,400MW
- Ghazlan 2: 2,900MW
The $5.3bn high-voltage direct current network project connecting the central, western and southern regions of Saudi Arabia was the single largest power contract awarded in Saudi Arabia in 2024.
The UAE, meanwhile, has awarded three key power contracts this year, including for the Al-Ajban solar IPP, which was won by a team of France’s EDF and South Korea’s Korea Western Power Company (Kowepo), and for the Dhafra waste-to-energy project, which a team of Japan’s Marubeni Corporation, Japan Overseas Infrastructure Investment Corporation and Zurich-headquartered Hitachi Zosen Inova is developing.
Dubai Electricity & Water Authority (Dewa) is also understood to have awarded the contract to complete the Jebel Ali K-Station to Egypt-based Power Generation Engineering & Services Company.
2025 outlook
The Mena power projects pipeline remains robust, with over $45bn-worth of contracts under bid evaluation and another $50bn in the prequalification stage as of late 2024, according to MEED Projects.
Saudi Arabia is likely to remain dominant, particularly if SPPC and the PIF activate a plan by the Energy Ministry to procure 20,000MW of renewable energy capacity annually until it reaches its target for renewables to account for half of its energy production mix by 2030.
Morocco has the second-largest power projects pipeline thanks to several planned schemes to export clean energy and green hydrogen to Europe. Notably, the tender is under way for the country’s first two solar PV plus battery energy storage system (bess) projects, Noor Midelt 2 and 3.
Abu Dhabi also maintains a substantial renewables and gas-fired generation project pipeline. It has several upcoming IPPs with a total combined capacity of over 7,000MW, of which more than 6,000MW is in the tendering stage.
While the procurement process for Saudi Arabia’s first nuclear power plant in Duwaiheen has been delayed, the UAE has plans to procure the next phase of its nuclear power plant project in Barakah.
Green industrial development in steel and aluminium, as is being undertaken in the UAE, is a driver for ongoing clean energy capacity buildout, notes Karen Young, senior research scholar at Columbia University’s Centre on Global Energy Policy.
Egypt, Iran, Kuwait and Iraq have the next largest power projects pipelines. The key drivers in each state vary, with populous countries Egypt and Iran seeking to develop integrated green hydrogen hubs and nuclear power capacity, respectively, while Kuwait remains a promising market with extended plans to procure both conventional and renewable energy capacity to address peak demand.
There are indications that Iraq’s first utility-scale solar PV scheme – a 1GW project being developed by France’s TotalEnergies – will head into the construction stage in the coming months, along with other similar projects for which preliminary agreements were signed by Iraqi authorities in 2021-22.
Oman is actively pursuing renewable energy capacity, with the state offtaker having tendered the contracts for two wind IPPs in September 2024.
In Oman and Qatar, the main downstream companies, Petroleum Development Oman and QatarEnergy, are developing renewable energy capacity as a means of mitigating their greenhouse gas emissions, as well as to support their respective government’s net-zero targets.
In November, Bahrain started the procurement process for its fourth independent water and power project (IWPP) in Sitra, which replaced the previously planned Al-Dur IWPP 3 scheme.

Other trends
SEC affiliate National Grid Saudi Arabia has awarded EPC contracts for several bess packages to local firm Algihaz this year. In August, it tendered a contract for the construction of a further 2,500MW of energy storage capacity.
In parallel, the procurement process is under way for the first independent bess packages in Saudi Arabia and Abu Dhabi, with other utilities expected to follow suit in procuring bess using an IPP model. Bess will boost grid flexibility and spinning reserves in the face of increased renewable energy capacity and demand.
In addition to bess and several gigawatts of solar and wind capacity, Saudi Arabia gigaproject developer Neom, which plans to be powered 100% by renewable energy by the end of the decade, is also considering a network of large-scale pumped hydropower storage plants.
However, despite the ongoing capacity buildout across the Mena states, some end-users – particularly in fossil fuel-
scarce jurisdictions such as Morocco – continue to struggle with supply.
“I’ve been part of a research project in Morocco looking at the renewable power landscape and green economy more broadly. In that case, we do see massive buildout, but it is tailored for offtake to state-related industrials,” says Columbia University’s Young.
She adds that a telephone survey of 1,000 small and medium-sized businesses in Morocco about their perception of the accessibility and affordability of renewable energy yielded surprising results.
“They strongly suggested a lack of support, given that smaller enterprises continue to see power outages and this has in many cases caused damage to their equipment and abilities to stay open and service customers.
“The disconnect between power buildout and industrial advances in a green supply chain and how small and medium firms see power accessibility and reliability is very stark. In a Mena-wide sense, we might start to question how the delivery and transmission of power in an equitable way affects economic growth opportunities overall.”
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The 2026 figure is already the highest since 2024, when $6.1bn in contracts were awarded, and sits above every year from 2020 to 2023, despite the disruption to visitor flows since conflict broke out on 28 February.
Last year’s total was the weakest in the post-pandemic period, suggesting that the awards now coming through may partly reflect delayed commitments that were held back during a period of elevated construction cost inflation before being released into the market as conditions stabilised.

Future pipeline
The near-term outlook for new project commitments is uncertain, with developers and investors watching the conflict’s trajectory and its effect on visitor demand before finalising capital allocation. While there is caution, governments have signalled a firm commitment to their tourism ambitions.
The clearest signal came in late May, when Alec Engineering & Contracting received a letter of award for the construction of the Sphere Abu Dhabi, a $1.7bn immersive entertainment venue to be built on Yas Island. That Abu Dhabi was prepared to formalise a contract of this scale during an active regional conflict carries its own significance: sovereign-backed tourism infrastructure programmes are not being paused.
In Dubai, another major contract award is approaching. Dubai Holding is preparing to appoint a contractor for the Jumeirah Asora Bay Hotel in the La Mer area, developed alongside the Jumeirah Residences Asora Bay in partnership with Meraas. The proximity of the contract award to the conflict period indicates the same institutional logic: Dubai’s long-term tourism infrastructure programme continues to advance on its own timeline, independent of near-term demand conditions.
Upgrade cycle
If governments are pressing ahead with new tourism infrastructure, operators of existing properties are turning the reduced footfall to their own advantage. A wave of hotel refurbishments has gained pace in Dubai in recent months, with several properties having closed or partially closed for renovation work that, in many cases, had been planned well before the conflict began. The reduction in visitor numbers has created an opportune window to carry out disruptive works without sacrificing commercial performance.
The most prominent examples are the Jumeirah Burj Al-Arab, which has closed for an 18-month restoration programme, and the Armani Hotel Dubai, which occupies floors within the Burj Khalifa and has also closed for a full overhaul, with a planned reopening in the last quarter of 2026.
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AD Ports and EGA commit $23m to upgrade Khalifa port berth29 June 2026
Abu Dhabi Ports Group (AD Ports) and Emirates Global Aluminium (EGA) have signed an agreement to upgrade EGA’s dedicated berth at Khalifa Port in the UAE capital.
The two companies will jointly invest AED84m ($23m) to upgrade the berth’s infrastructure, enabling it to receive Newcastlemax dry bulk vessels.
These vessels can carry 15-20% more cargo than the Capesize vessels currently served at EGA’s berth.
The upgrades are expected to improve berth productivity, operational efficiency and cargo-handling performance.
The works are scheduled for completion by August 2028.
Once complete, the upgraded berth is expected to support the handling of around 8 million tonnes of bulk cargo per year and increase operational flexibility, including the potential installation of additional unloader facilities.
The programme also includes reinforcing the existing capping beam, installing new bollards and fenders, extending crane beams and foundations, adding utility connections and carrying out dredging works.
The agreement between AD Ports and EGA follows closely on the heels of EGA commissioning the UAE’s largest aluminium recycling plant next to its existing smelter in Al-Taweelah, Abu Dhabi.
The Al-Taweelah recycling plant has a production capacity of 185,000 tonnes a year (t/y) and houses the largest furnace in the UAE, with a melt rate of more than 17 tonnes an hour. The recycling unit sits alongside EGA’s main alumina refinery, which has a nameplate capacity of more than 2 million t/y.
EGA is jointly owned by the governments of Abu Dhabi and Dubai.
The major capital deployment follows a period of significant financial growth and international expansion for AD Ports, which is 75.42% owned by sovereign wealth fund ADQ. AD Ports reported record results for 2025, with revenue rising 20% year-on-year to AED20.77bn ($5.66bn) and net profit increasing 16% to AED2.07bn.
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Dubai eyes tourism sector recovery29 June 2026

> This package also includes: GCC presses ahead with tourism projects
Dubai’s tourism sector was in a position of strength when the regional conflict began on 28 February.
Full-year figures published by the Dubai Department of Economy & Tourism (DET) in February confirmed that the emirate welcomed 19.59 million international overnight visitors in 2025, a 5% increase on the 18.72 million recorded in 2024, and a third consecutive year of record-setting arrivals. The city received more than 2 million visitors in a single calendar month when December 2025 closed with 2.04 million arrivals, 6% ahead of the same period in 2024.
Average hotel occupancy in Dubai’s 827 properties reached 80.7% in 2025, up from 78.2% in 2024. Revenue per available room rose 11% year-on-year to AED467 ($127), while the average daily rate increased 8% to AED579 ($158).
By the end of December, the city’s hotel room inventory stood at 154,264, ahead of cities including Bangkok, New York, Paris and Singapore.
Western Europe remained the largest source market, contributing 4.1 million arrivals and accounting for 21% of total visitors, while the GCC and Middle East and North Africa regions together represented 26% , with 2.99 million and 2.17 million arrivals, respectively. South Asia, the CIS and Eastern Europe each contributed 2.89 million visitors.
The regional context was similarly buoyant. According to the World Travel & Tourism Council’s (WTTC) 2026 Economic Impact Research, Middle East travel and tourism GDP expanded 5.3% in 2025, outpacing the global sector average of 4.1%.
The UAE’s travel and tourism sector reached $68.5bn in GDP contribution in 2025, with international visitor spending of $56.9bn. Pre-conflict, WTTC had forecast $207bn in international visitor spending across the Middle East for 2026.
Sudden shock
The outbreak of conflict on 28 February produced a swift and serious impact across the regional tourism ecosystem. Within days, the WTTC estimated losses of at least $600m a day in international visitor spending across the Middle East, as air travel was disrupted, traveller confidence weakened and regional connectivity fractured.
The major Gulf aviation hubs including Dubai, Abu Dhabi, Doha and Bahrain, which together process about 526,000 passengers daily, experienced closures and operational disruption. On the day the conflict began, the EU Aviation Safety Agency issued a bulletin on the dangers of flying in the airspace of 11 countries, including the UAE, Saudi Arabia, Bahrain, Qatar, Oman and Kuwait.
The data for the first quarter of 2026 reflects the scale of the disruption. According to UN Tourism’s latest World Tourism Barometer, international arrivals across the Middle East fell 14% in the first quarter of 2026, with hotel occupancy in the region declining sharply to 48% in March from 75% in January, against a global average of 64%.
International air traffic among Middle Eastern carriers fell 61% in March, measured in revenue passenger-kilometres, according to the International Air Transport Association (Iata), dragging overall global international traffic into modest contraction for the month.
The conflict also introduced structural complications that extended beyond the immediate decline in arrivals. Several major source markets, including the UK, issued advisories against all but essential travel to the UAE. The UK’s Foreign, Commonwealth & Development Office (FCDO) guidance cited the risk of renewed strikes on civilian infrastructure, including ports, hotels, roads and airports, and advised residents to consider departing if their presence was not essential.
The divergence from Dubai’s own official position, which characterised the emirate as stable and operationally normal, created a coverage gap that complicated conventional travel insurance provision and suppressed bookings from key markets.
On 18 June, the UK updated its position, removing the advisory against all but essential travel to the UAE and noting that commercial flight routes to depart the region remain available. The change marks a significant shift in the formal risk landscape for one of Dubai’s most important source markets, removing a barrier that had complicated both insurance provision and leisure booking decisions across the UK market for nearly four months.
Emirates and Etihad Airways both moved to address the insurance gap directly ahead of the FCDO change. On 17 June, Emirates launched a comprehensive travel cover product developed in partnership with insurance provider Travel Guard, offering medical cover for conflict-related incidents, trip cancellation cover, compensation for baggage delay or loss, and unlimited medical expense and emergency evacuation cover worldwide. The product is available across 27 markets.
Emirates also committed to rebooking disrupted customers at no additional cost where flights have been cancelled due to conflict-related disruption, including itineraries connecting on other carriers.

Arrivals data
Data from UK-based analytics firm GlobalData illustrates both the scale of the expected contraction and the strength of the projected recovery. UAE international arrivals, which reached approximately 30 million in 2025, are forecast to fall to about 26.4 million in 2026 – a decline of roughly 12% – before rebounding sharply to 32.1 million in 2027.
GlobalData’s projections then show continued growth to about 33.5 million in 2028, 35.1 million in 2029 and 36.6 million by 2030.
On that trajectory, arrivals would exceed pre-conflict levels within a single year of recovery and surpass 2025 figures by more than 7% in 2027 alone.
The GlobalData numbers place the 2026 contraction in a longer historical context. UAE arrivals grew almost uninterrupted from 8.4 million in 2009 to 25.6 million in 2019, before collapsing to 8.4 million in 2020 at the height of the Covid-19 pandemic. The subsequent recovery was among the fastest recorded for any major destination: arrivals reached 22 million in 2022, crossed 26.3 million in 2023 and climbed to 28.7 million in 2024 before the 2025 peak.
That precedent – a two-thirds collapse followed by full recovery within three years – underpins the confidence embedded in GlobalData’s post-conflict forecast, which projects a return to growth momentum by 2027 and a trajectory that would deliver 36.6 million arrivals by 2030.
The near-term contraction nevertheless remains substantial. A decline from approximately 30 million to 26.4 million in a single year represents the sharpest drop in UAE arrivals outside the pandemic, and it comes at a point when the sector had been tracking well ahead of pre-pandemic levels.
Past experience
Historical precedent from comparable disruptions points to a consistent pattern: recovery shape is determined less by the severity of the initial decline than by the duration of the disrupting event and the speed at which the perception of the source market resets.
Single-event incidents with clear endpoints and no sustained security overhang have historically produced the fastest recoveries, with arrivals returning to trend within 12 months. Sustained conflicts or events that trigger prolonged travel advisory regimes produce more extended recovery arcs, with source market confidence rather than operational conditions defining the timeline.
The Egypt Metrojet bombing in 2015 remains the most instructive cautionary example for the Gulf: Russian airspace restrictions imposed after the incident kept a major source market out of the Egyptian market for more than five years, with arrivals recovery lagging the resolution of the underlying security concern by a significant margin.
The UAE’s own Covid recovery offers a relevant local reference point. The GlobalData numbers show arrivals collapsed from 25.6 million in 2019 to 8.4 million in 2020, before recovering to 21.9 million in 2022 and surpassing pre-pandemic levels by 2023. The post-conflict recovery forecast of a bounce back to above 2025 levels by 2027 is less aggressive than the post-Covid rebound, reflecting both the more moderate scale of the 2026 contraction and the more complex advisory and perception dynamics involved in a conflict resolution scenario.
The DET’s response is structured around three priorities: operational continuity, sector support and market confidence. The government announced a AED2.5bn ($612.7m) support package targeting the tourism, hospitality and entertainment sectors, structured to protect business continuity, preserve employment and maintain visitor experience standards. Dubai is doing all it can, but much depends on how quickly perceptions shift.
Pilgrimages drive Saudi tourism
More than 1.7 million pilgrims performed Hajj in 2026, according to official data published by Saudi Arabia’s General Authority for Statistics, underscoring the continued centrality of religious tourism to the kingdom’s visitor economy.
The total of 1,707,301 pilgrims comprised 1,546,655 from outside the kingdom and 160,646 internal pilgrims, which includes Saudi citizens and residents.
The vast majority of international pilgrims arrived by air, with 1,485,729 using this mode of transport. A further 54,429 arrived overland and 6,497 by sea. Pilgrims represented 165 nationalities, reflecting the global reach of the event.
The scale of the logistical operation accompanying Hajj is equally significant. Supporting the pilgrimage required 441,049 workers and 26,701 volunteers. Saudi Arabia’s pre-clearance programme, which processes travel documentation at the point of departure to streamline entry to the kingdom for participants from select countries, was used by 388,694 pilgrims.
Hajj is a structural pillar of Saudi religious tourism, which alongside Umrah, draws tens of millions of visitors to Mecca and Medina each year. The sector sits at the core of Vision 2030’s tourism diversification strategy, which targets 150 million visits a year by the end of the decade.
Continued investment in transport infrastructure, including the expanded King Abdulaziz International airport and Haramain high-speed railway capacity, will help Riyadh achieve this target.
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Sharakat extends bid deadline for Riyadh East treatment plant29 June 2026

State water offtaker Sharakat has extended bidding for the contract to develop the $150m Riyadh East independent sewage treatment plant (ISTP).
The bid submission deadline has been moved from 30 June to 11 August, a source told MEED.
The plant will have a treatment capacity of 200,000 cubic metres a day (cm/d) in its first phase, expanding to 500,000 cm/d in the second phase.
In May, MEED exclusively reported that at least six consortiums were preparing to submit bids for the project, which will be developed under a build‑own‑operate‑transfer model with a 25‑year concession term.
These include:
- Suez (France) / Civil Works Company (Saudi Arabia) / Alwael (Saudi Arabia)
- Saur (France) / Samsung E&A (South Korea) / Al-Bawani (Saudi Arabia) / Nesma (Saudi Arabia)
- Alkhorayef (Saudi Arabia) / GS Inima (Spain)
- EtihadWE (UAE) / Metito (UAE)
- Veolia (France) / AlJomaih Energy & Water (Saudi Arabia)
- Miahona (Saudi Arabia) / Marafiq (Saudi Arabia)
In December 2025, a group comprising Metito, EtihadWE and SkyBridge was selected as the preferred bidder for the Hadda ISTP project. The Miahona, Marafiq Company and Buhur for Investment group was selected as the reserved bidder.
That same month, the Miahona-led consortium was selected as the preferred bidder for the Arana ISTP and the Metito-led consortium was selected as the reserved bidder. Both projects have yet to reach financial close.
In 2024, Sharakat prequalified 53 companies to bid for the Riyadh East ISTP, one of seven planned ISTP projects it said it would procure between 2024 and 2026. The request for proposals was issued last October.
WSP is the technical adviser, and KPMG Middle East is the lead and financial adviser on the project.
The targeted commercial operation date for the facility is 2029.
ISTP plans
According to Sharakat’s recent seven-year statement, it has identified six additional large ISTPs in the development pipeline.
These are:
- Kharj (75,000 cm/d)
- Abu Arish (50,000 cm/d)
- Hafar Al-Batin (100,000 cm/d)
- Riyadh North (TBD)
- Najran South (50,000 cm/d)
- Khamis Mushait (50,000 cm/d)
The company is also pursuing a nationwide small sewage treatment plant programme covering about 139 smaller ISTPs grouped into seven clusters.
These are designed to add about 521,450 cm/d of additional treatment capacity across the kingdom.
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Chinese contractor wins Qiddiya Northwest transport hub29 June 2026

Saudi gigaproject developer Qiddiya Investment Company (QIC) has awarded a contract to build a new transport hub in the entertainment city of Qiddiya on the outskirts of Riyadh.
The contract was awarded to Beijing-headquartered China State Construction Engineering Corporation.
The project is located within the resort core zone of the development.
MEED understands that its scope covers the construction of a parking structure for up to 2,000 vehicles; a transport hub consisting of a passenger flow system, ticketing and transit-related activities; retail, food and beverage, and hospitality facilities; mechanical, electrical and plumbing systems; and soft and hard landscaping works.
Earlier this year, MEED exclusively reported that QIC had tendered a contract to build a new transport hub.
Local firm Ammico Contracting undertook the site enabling works.
QIC is accelerating plans to develop additional assets at Qiddiya City.
Last week, MEED reported that QIC had invited contractors to prequalify for a contract to build an indoor sports arena within its Qiddiya entertainment city project.
The multipurpose arena is designed to International Olympic Committee standards.
It will be located in District 18, in the Uptown South area of Qiddiya.
Once completed, the indoor arena will be capable of hosting a wide range of sports, cultural and entertainment events.
The arena will feature numerous sports courts for basketball, handball, futsal, volleyball, tennis, boxing and gymnastics.
It will have a seating capacity of 18,000 spectators.
QIC’s other major projects include an e-sports arena, the National Tennis Centre, Prince Mohammed Bin Salman Stadium, a motorsports track, a racecourse, the Dragon Ball and Six Flags theme parks, and Aquarabia.
QIC opened the Six Flags theme park to the public in December last year.
The park covers 320,000 square metres and features 28 rides and attractions, including 10 thrill rides and 18 aimed at families and young children.
The Qiddiya project is a key part of Riyadh’s strategy to boost leisure tourism in the kingdom.
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