Royal commission to develop Azulik resort at Al-Ula
23 May 2023
The Royal Commission for Al-Ula (RCU) has announced plans for the development of a new eco-friendly resort, the Azulik Al-Ula Resort.
The project is part of the Journey Through Time (JTT) masterplan, and the commission said in a statement that it aligns with the Al-Ula Sustainability Charter, the Saudi Green Initiative and Vision 2030.
The resort will be located in the Nabatean Horizon District of the JTT masterplan, near the Al-Mutadil Equestrian Village and Wadi Al-Fann. Upon completion in 2027, the resort will include 76 luxury villas, a spa, a VIP club, lounges, dining facilities and a museum.
The resort will feature exteriors using natural materials and fibres, blending with the surrounding ecosystem and sandstone cliffs. The resort will be operated by Mexican luxury brand Azulik and its affiliate, Roth Architecture, is the designer.
The resort will enforce a no-private-vehicle policy within its premises, providing an all-electric mobility system, horse and camel routes and hiking trails for guests instead.
Plans are progressing on other projects at Al-Ula. The RCU is engaged in advanced discussions with France's Alstom for the implementation of an electric tram. The proposed tram network will cover a distance of 50 kilometres, extending from Al-Ula International airport in the south to Hegra City in the north.
In April 2021, the RCU unveiled an investment plan worth SR57bn ($15bn) to regenerate the Al-Ula tourism destination in the Medina region. Under this plan, approximately $3.2bn has been allocated for infrastructure development, including constructing an environmentally friendly tramway and establishing renewable energy sources to meet 50 per cent of the development's energy requirements.
The comprehensive development plan for Al-Ula is divided into three phases, scheduled to be completed by 2035. Phase one of the masterplan is nearing completion, while phase two is set to commence at the end of 2023.
MEED's latest special report on Saudi Arabia includes:
> GIGAPROJECTS: Saudi Arabia under project pressure
> ECONOMY: Riyadh steps up the Vision 2030 tempo
> CONSTRUCTION: Saudi construction project ramp-up accelerates
> UPSTREAM: Aramco slated to escalate upstream spending
> DOWNSTREAM: Petchems ambitions define Saudi downstream
> POWER: Saudi Arabia reinvigorates power sector
> WATER: Saudi water begins next growth phase
> BANKING: Saudi banks bid to keep ahead of the pack
> DATABANK: Riyadh holds its buoyant economic heading
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Acwa signs Mauritania gas IPP agreements2 July 2026
Saudi Arabia's Acwa has announced it has signed the public-private partnership (PPP) and power purchase agreement (PPA) for the 230MW N'diago combined-cycle gas turbine (CCGT) power plant in Nouakchott, Mauritania.
The agreements cover the development, financing, construction and operation of the project. They were signed in Nouakchott in the presence of senior officials from the Mauritanian government and Acwa chairman Mohammad Abunayyan.
The project is Mauritania's first large-scale gas-fired independent power project (IPP). It is also expected to be the country's first major gas-fired power plant procured through a PPP structure.
The CCGT plant will provide 230MW of baseload generation capacity. It will use Mauritania's domestic natural gas resources to supply the national grid.
Sepaarately, the Mauritanian Electricity Company (Somelec) has been advancing procurment for the construction of a 50MW solar power and battery enery storage systems (Bess) IPP project. In May, it issued an expression of interest (EoI) request.
Mauritania currently has several wind and solar power projects in the early study stages, according to regional project tracker MEED Projects.
There are also plans to build a 1,200MW wind power plant near port Etienne in the bay province of Nouadhibou, for which, China Energy Engineering was appointed as the main contractor in 2024.
Meanwhile, Acwa's portfolio comprises 111 assets that are operational, under construction or in advanced development. These represent investments of SR468.9bn ($125bn).
According to the company, it has a power generation capacity of 98GW, including 52.3GW of renewable energy, and manages 9.7 million cubic metres a day of desalinated water globally.
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Saudi water sector awaits next catalyst2 July 2026
Commentary
Mark Dowdall
Power & water editorSaudi Arabia’s water sector is entering a critical period as developers and investors wait for the next signal that the kingdom’s project pipeline is moving forward.
Seven months have passed since preferred bidders were announced for the Arana and Hadda independent sewage treatment plant (ISTP) projects, which together will provide 350,000 cubic metres a day (cm/d) of treatment capacity. The projects had been expected to reach financial close in the second quarter of this year, but have yet to do so.
In parallel, Saudi Arabia’s Vision Invest was selected as preferred bidder last December for the estimated $2bn Riyadh-Qassim independent water transmission pipeline (IWTP) project. It was reported at the time that the company had submitted a levelised tariff of SR2.627 ($0.70) a cubic metre, almost 20% below the next nearest bid. The project, which will comprise an 859-kilometre pipeline with transmission capacity of 685,000 cm/d, had been tipped to reach financial close this quarter.
The uncertainty extends beyond projects awaiting financial close. The developer tender bid deadline was recently pushed back again for the $150m Riyadh East ISTP. Meanwhile, Saudi Arabia’s Water Transmission Company (WTCO) is understood to be reviewing the delivery model for the Jubail-Buraidah and Ras Mohaisen-Baha-Mecca independent water transmission system (IWTS) projects.
According to sources familiar with the plans, WTCO is considering establishing a special purpose vehicle that would take equity stakes in both schemes. This could further delay procurement for a project that has already seen multiple deadline extensions. Sharakat’s next wave of independent water projects (IWPs) is also in the pipeline. The first of these is not expected to be tendered until early 2027.
According to regional project tracker MEED Projects, Saudi Arabia’s water infrastructure sector recorded $3.14bn-worth of awards in the first half of this year, substantially lower than the $7.58bn recorded during the same period in 2025.
While activity has slowed, the longer-term outlook remains unchanged. Population growth and industrial expansion continue to drive demand for desalination, wastewater treatment and water transmission infrastructure. In the meantime, key stakeholders are looking for the next clear signal that the project pipeline is regaining momentum.
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Contractor wins Jeddah road expansion deal in Riyadh2 July 2026

The Royal Commission for Riyadh City (RCRC) has awarded a contract for the Jeddah Road Development Project in Riyadh.
Local construction firm Saudi Pan Kingdom (Sapac) won the contract.
Spanning 29 kilometres, the scheme includes 14 bridges and five lanes.
Designed to handle up to 353,000 vehicles a day, the road is expected to be completed by 2028, with mobilisation works already under way.
The project forms part of the third package of the RCRC’s Riyadh Main and Ring Road Axes Development Programme, which was announced in January.
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> King Abdulaziz Road Development Project: The northern section of the project stretches 4.7km and will include four bridges, four lanes and one tunnel, with a capacity of up to 450,000 vehicles per day.
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The contract for the Jeddah Road Development Project is the latest of several high-profile deals awarded by the RCRC recently. In May, it awarded an estimated SR5bn ($1.3bn) contract to construct the Sheikh Jaber Al-Sabah Road project in Riyadh.
That contract went to a joint venture of Riyadh-based Al-Rashid Trading & Contracting Company (RTCC) and Turkiye’s IC Ictas.
Stretching 12km, the project runs from Khurais Road to Al-Thumama Road and is a key component of the Second Eastern Ring Road scheme.
Works include five interchanges: Prince Bandar, King Abdullah, Imam Abdullah, Dammam Road and Al-Thumama.
In 2021, Saudi Arabia’s Crown Prince Mohammed Bin Salman Bin Abdulaziz Al-Saud said the population of Riyadh would double to 15-20 million people by 2030.
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Dubai announces First Al-Khail road development project2 July 2026
Dubai’s Executive Council has announced the First Al-Khail Street Development project, which will run parallel to Sheikh Zayed Road.
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According to a Dubai Media Office statement, “The project will provide access to areas including Al-Barsha, Al-Quoz, Business Bay and Meydan.”
“It is expected to serve more than 2.6 million people and reduce travel time on Sheikh Zayed Road by 51% during peak hours,” the statement added.
Designed to accommodate more than 9,000 vehicles an hour, construction is expected to begin in the third quarter of 2027, with completion targeted for 2030.
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Contractors submit Saudi Landbridge Riyadh section bids2 July 2026

Contractors submitted proposals on 30 June for a design-and-build contract to construct the Riyadh Rail Link, a new north-to-south railway line across the capital.
The scope includes a 35-kilometre double-track line connecting SAR’s North-South Railway to the Eastern Railway network.
Issued on 29 January, the tender also covers the procurement, construction and installation of associated infrastructure, including viaducts, civil works, utility diversions/installations, signalling systems and other related works.
Once delivered, the Riyadh Rail Link is expected to become a key component of the Saudi Landbridge railway.
In January, SAR said it would deliver the Saudi Landbridge project through a “new mechanism” by 2034, after failing to reach an agreement with a Chinese consortium to construct it, as MEED reported.
In an interview with local media, SAR CEO Bashar Bin Khalid Al-Malik said the consortium failed to meet local content requirements, and that the project would instead be delivered in several phases under a different procurement model.
Negotiations have been under way between Saudi Arabia and China-backed investors interested in developing the scheme through a public-private partnership (PPP). Al-Malik put the project cost at about SR100bn ($26.6bn).
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