Roshn signs framework agreement with local firm
19 February 2025
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Saudi Arabian gigaproject developer Roshn has signed a framework agreement with Al-Khobar-based firm Al-Tamimi Contracting to undertake several infrastructure projects for Roshn's developments.
The agreement was signed during the third edition of the Public Investment Fund Private Sector Forum, held on 12-13 February in Riyadh.
"The agreement aims to deliver best-in-class infrastructure work for residential and commercial projects, to meet housing demand across the kingdom," Al-Tamimi Contracting said in an official statement.
The agreement follows Roshn awarding contracts worth an estimated SR1.9bn ($500m) to several contractors for construction works on upcoming packages at the Sedra community in Riyadh.
The first contract, valued at SR720m ($192m), was awarded to Beijing-headquartered China Harbour Engineering Company for the construction of 368 residential units in the Sedra community.
A SR650m ($173m) deal was awarded to Riyadh-based contractor Sarh Attqnia to develop 968 residential units and sports facilities.
Another estimated SR400m ($106m) contract was awarded to Al-Khobar-based Building Construction Company to develop 740 residential units.
Roshn also signed a SR130m ($34m) contract with Riyadh-based Development Works Company to build Sedra’s first retail mall.
The recent agreements are in line with Roshn’s strategy to strengthen the kingdom’s construction sector by balancing project demands with long-term sustainability and market growth.
Created in 2018, Roshn aims to increase the homeownership rate among Saudi citizens to 70% by 2030.
The company plans to develop more than 395,000 residential units in communities in Riyadh, Mecca, Asir and the Eastern Region.
Roshn is developing the Sedra community in northeast Riyadh. It is masterplanned to include 30,000 homes in eight phases.
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Veolia wins Jordan water services contract18 February 2026
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Under the contract, Veolia will provide operations, maintenance and management services to Yarmouk Water Company, the public utility responsible for water supply and wastewater services in the region.
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SAR tenders phosphate rail project management deal18 February 2026

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Saudi Arabian Railways (SAR) has floated another tender inviting firms to bid for a contract covering the project management consultancy services for its Phosphate 3 rail programme.
The tender was issued on 15 February with a bid submission deadline of 5 April.
The contract duration is 54 months.
The latest tender follows SAR floating a multibillion-riyal tender to double the tracks on the existing phosphate transport railway network connecting the Waad Al-Shamal mines to Ras Al-Khair in the kingdom’s Eastern Province.
The tender – covering the second section of the track-doubling works, spanning more than 150 kilometres (km) – was issued on 9 February. The bid submission deadline is 15 April.
Earlier this month, MEED reported that SAR received bids from contractors on 1 February for the project’s first phase, which spans about 100km from the AZ1/Nariyah Yard to Ras Al-Khair.
The scope includes track doubling, alignment modifications, new utility bridges, culvert widening and hydrological structures, as well as the conversion of the AZ1 siding into a mainline track.
The scope also covers support for signalling and telecommunications systems.
The tender notice was issued in late November with a bid submission deadline of 20 January.
Switzerland-based engineering firm ARX is the project consultant.
MEED understands that SAR is expected to tender a total of four packages for the phosphate railway line.
The other packages expected to be tendered shortly include the depot and the systems package.
In 2023, MEED reported that SAR was planning two projects to increase its freight capacity, including an estimated SR4.2bn ($1.1bn) project to install a second track along the North Train freight line and construct three new freight yards.
Formerly known as the North-South Railway, the North Train is a 1,550km-long freight line running from the phosphate and bauxite mines in the far north of the kingdom to the Al-Baithah junction. There, it diverges into a line southwards to Riyadh and a second line running east to downstream fertiliser production and alumina refining facilities at Ras Al-Khair on the Gulf coast.
Adding a second track and the freight yards will significantly increase the network’s cargo-carrying capacity and facilitate increased industrial production. Project implementation is expected to take four years.
State-owned SAR is also considering increasing the localisation of railway materials and equipment, including the construction of a cement sleeper manufacturing facility.
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PIF-backed firm signs worker accommodation deal17 February 2026
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Saudi Arabia's Smart Accommodation for Residential Complexes Company (Sarcc) has signed an agreement with Riyadh-based Mawref Company to develop a 12,000-bed worker accommodation project in North Riyadh.
The project will cover about 120,000 square metres (sq m), with a total built-up area of 150,000 sq m.
The development is expected to cost over SR669m ($178m), with the first phase slated for completion in 2029.
Sarcc is backed by the Public Investment Fund (PIF), the Saudi sovereign wealth vehicle.
The agreement follows Sarcc signing another agreement in September last year with privately-owned local firm Tamimi Global Company to explore collaboration in developing worker accommodation facilities in the kingdom.
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KBR wins 10-year maintenance contract from Petro Rabigh17 February 2026
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Saudi Arabia's Rabigh Refining & Petrochemical Company (Petro Rabigh) has awarded US-based consultant KBR a 10-year contract to provide maintenance services covering the company’s polymer plants in Rabigh, on the kingdom’s Red Sea coast.
“This [contract award] marks a major step in Petro Rabigh’s transformation journey, supporting safer operations, stronger reliability and long-term improvement across its facilities,” Petro Rabigh said in , without providing further details.
Work on the operations and maintenance contract will be executed by KBR’s business line, which operates under the Houston-headquartered firm’s Technology Solutions portfolio, sources told MEED.
Prior to this contract, in March 2024, Petro Rabigh awarded KBR a similar five-year asset condition monitoring programme contract. As part of that job, KBR is to provide predictive maintenance services at Petro Rabigh’s main plant.
Petro Rabigh was originally established in 1989 as a basic topping refinery with crude oil processing facilities, located in Rabigh, 165 kilometres to the north of Jeddah in Mecca Province.
Saudi Aramco and Japan’s Sumitomo Chemical Company formed an equal joint venture in 2005 to transform the Petro Rabigh crude oil refining complex into an integrated refinery and petrochemicals complex, with the strategic objective of expanding Saudi Arabia’s annual production capacity of refined products and petrochemicals.
Three years after the creation of the Petro Rabigh joint venture, the partners floated 25% of its shares in an initial public offering on the Saudi Stock Exchange (Tadawul) in 2008, following which Aramco and Sumitomo Chemical each held 37.5% shares in Petro Rabigh, with the remaining shares listing on the Tadawul.
In October last year, however, Aramco completed the acquisition of an additional 22.5% stake in Petro Rabigh from Sumitomo Chemical. Following the completion of the transaction, valued at $702m or SR7 a share, Aramco became the majority shareholder in Petro Rabigh, with an equity stake of 60%, while Sumitomo retains an interest of 15%. The remaining 25% shares of Petro Rabigh continue to trade on the Tadawul.
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Following the formation of the Petro Rabigh joint venture in 2005, Aramco and Sumitomo Chemical launched the expansion of the refining facility into an integrated refining and petrochemicals complex in 2006, investing $9.8bn in the project, 60% of which was secured through external financing. Engineering, procurement and construction works on phase one were completed in 2009, with the integrated downstream complex entering operations in November of that year.
The Petro Rabigh downstream complex consists of a topping refinery that has a 340,000 barrel-a-day (b/d) crude distillation unit, a 47,000 b/d hydrotreater, a 12 million cubic-feet-a-day hydrogen plant, a 75,000 b/d naphtha merox unit and a 60,000 b/d kerosene merox unit, along with supporting utilities, product tankage and a marine terminal.
Aramco and Sumitomo Chemical initiated Petro Rabigh’s phase two expansion project, valued at $8bn, in 2014. The second expansion phase was commissioned in 2018 and added 15 chemicals plants to the Petro Rabigh complex, raising the facility’s total production capacity to 18.4 million tonnes a year (t/y) of petroleum-based products.
The expansion also increased Petro Rabigh’s capacity to process an additional 30 million cubic feet a year of ethane into 2.4 million t/y of ethylene and propylene-based derivatives, and achieved a naphtha output of 3 million t/y.
Expansion of the main existing chemicals plant and the establishment of a clean fuels complex comprising polyether polyols, naphtha treating and sulphur recovery units were also part of the phase two project.
Photo credit: Petro Rabigh on LinkedIn
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Bidders await NWC decision on sewage contract17 February 2026

Saudi Arabia’s National Water Company (NWC) is evaluating five bids for package 12 of its long-term operations and maintenance (LTOM12) sewage treatment programme.
Known as the North Western B Cluster, LTOM12 forms part of the second phase of NWC’s rehabilitation of sewage treatment plants programme.
The contract covers the construction and upgrade of seven sewage treatment plants with a combined capacity of about 162,000 cubic metres a day (cm/d).
As MEED understands, the companies that have submitted proposals include:
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- Miahona (Saudi Arabia)
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- Al-Yamama (Saudi Arabia)
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