Meed | Top 15 Saudi stadium projects

Top 15 Saudi stadium projects

30 August 2024

Saudi Arabia formally kicked off its World Cup participation process in October last year after announcing that it planned to bid to host the event. The announcement was a culmination of Riyadh’s football-focused strategy launched two years before when a consortium led by the kingdom’s sovereign wealth vehicle, the Public Investment Fund (PIF), completed the full acquisition of UK football club Newcastle United from St James Holdings in 2021.

The move was further solidified when Saudi Arabia was effectively confirmed as the host after Australia, the only other bidder for the tournament, withdrew from the race in October last year.

This was followed by Saudi Arabia’s official bid campaign reveal and the submission of its bid to Fifa to host the World Cup 2034 event in July. The official selection of Saudi Arabia as the 2034 host is expected to be confirmed on 11 December.

Saudi Arabia will likely invest hundreds of billions of dollars in developing the required infrastructure to host the event. Experience from previous World Cups, including the most recent one in Qatar, has shown that hosting the tournament can transform a country’s economy.

The tournament brings in fans from around the world to enjoy a month-long festival of football. After the 2022 tournament, Qatar issued a statement saying that more than 1.4 million fans had visited the country during the event.

The decision to host the Fifa World Cup 2034 is a pivotal moment for Saudi Arabia as it validates much of the social and economic change that the kingdom has embarked upon since Crown Prince Mohammed Bin Salman launched Vision 2030 back in 2016.

Building stadiums is the most prominent part of the bid to host the coveted Fifa World Cup.

According to the official bid book document submitted by Saudi Arabia in July, it will construct 11 new stadiums as part of its bid to host the Fifa World Cup 2034.

Eight out of the 15 stadiums are located in the capital, Riyadh, four in Jeddah and one each in Al-Khobar, Abha and Neom.

The event requires a minimum of 14 all-seater stadiums, of which at least four should be existing structures. The capacity must be at least 80,000 seats for the opening and final matches, and for the semi-finals, there must be at least 60,000 seats. For all other matches, at least 40,000 seats are needed.

The kingdom has recently ramped up its announcements regarding building new stadiums across the country in preparation to host the event.

1. King Salman Stadium

The King Salman Stadium will be the showpiece venue for the tournament. The US-based architectural firm Populous-designed stadium will cover an area of about 660,000 square metres (sq m) and have a seating capacity of over 92,000 spectators.

The stadium will host the opening and final games of the Fifa World Cup 2034 tournament. The construction of the stadium is expected to be completed by 2029.

Location: Riyadh
Companies involved: Populous
Match category: Opening and final games

2. King Fahad Sports City Stadium

The King Fahad Sports City Stadium is expected to be the venue for the semi-final. The stadium will be refurbished to increase its seating capacity from its current 58,000 seats to 70,200 seats.

The main contract bid submission process is ongoing and the project’s expansion works are expected to begin early next year. The stadium will also be a venue for the AFC Asian Cup 2027.

Location: Riyadh
Companies involved: Populous
Match category: Semi-final

3. Prince Mohammed Bin Salman Stadium, Qiddiya City

The Prince Mohammed Bin Salman Stadium will be built on top of a 200-metre-high Tuwaiq cliff located in the new sports and entertainment district of Qiddiya City.

The stadium will have a capacity to accommodate 46,979 spectators and will feature a fully combined retractable pitch, roof and LED wall. The construction works are expected to begin later this year.

Location: Riyadh
Companies involved: Qiddiya Investment Company, Populous
Match category: Third-place playoff

4. New Murabba Stadium

The New Murabba Stadium will have the capacity to accommodate 46,010 spectators and will be built as part of the New Murabba downtown project in Riyadh.

The construction of the stadium is expected to be completed by 2032.

Location: Riyadh
Companies involved: New Murabba Development Company
Match category: Round of 32

5. Roshn Stadium

The Roshn stadium will be built in the southwest of Riyadh. The planned facility will have the capacity to accommodate 46,000 spectators and will span an area of over 450,000 sq m.

Location: Riyadh
Companies involved: Roshn
Match category: Round of 32

6. Prince Faisal Bin Fahad Sports City Stadium

The Prince Faisal Bin Fahad Stadium is earmarked for an expansion that aims to increase its seating capacity from its current 22,188 seats to 46,865 seats.

The facility will also host the AFC Asian Cup in 2027.

The refurbishment works will change the geometry of the seating bowl from an athletics stadium to a football stadium.

Location: Riyadh
Companies involved: Populous
Match category: Round of 32

Saudi World Cup bid bucks global trend for sporting events

7. South Riyadh Stadium

The Populous-designed stadium will be located in southwest Riyadh close to the Wadi Namar. The stadium will have the capacity to host 47,060 spectators. It is expected to be ready by 2032.

Location: Riyadh
Companies involved: Populous
Match category: Round of 32

8. King Saud University Stadium

The King Saud University Stadium, located on the university’s campus in the west of Riyadh, is one of the venues that will undergo expansion and refurbishment to host the event.

The expansion will increase the stadium’s capacity to 46,319 spectators and the construction works are expected to be completed by 2032.

Location: Riyadh
Companies involved: Populous
Match category: Round of 32

9. King Abdullah Sports City Stadium

The King Abdullah Sports City Stadium is the home ground for the Al-Ittihad and Al-Ahli football clubs. The venue will undergo expansion works that will increase its seating capacity to 58,432 people. The stadium will host the quarter-final games.

Location: Jeddah
Companies involved: Arup
Match category: Quarter-final

10. Qiddiya Coast Stadium, Jeddah

The Populous-designed stadium will be situated at the heart of the Qiddiya Coast development in Jeddah. The multi-purpose stadium will have a 46,096 seating capacity and will be one of the venues for the round of 16 matches.

Location: Jeddah
Companies involved: Populous
Match category: Round of 16

11. Jeddah Central Stadium, Jeddah

The already under-construction football stadium is part of the Jeddah Central Project in Jeddah and has a seating capacity of 45,794 spectators. The stadium is expected to be completed by 2027.

Location: Jeddah
Companies involved: Jeddah Central Development Company, Khatib & Alami, Gerkan Marg & Partner, China Railway Construction Corporation, Sama Construction for Trading & Contracting, Geoharbour
Match category: Round of 32

12. King Abdullah Economic City Stadium, Jeddah

The planned stadium will have a seating capacity of 45,700 and will be built in the King Abdullah Economic City on the Red Sea Coast, north of Jeddah.

Location: Jeddah
Companies involved: Populous
Match category: Round of 32

13. Aramco Stadium

The Aramco Stadium in Al-Khobar is under construction and is expected to be completed by 2026. The stadium will have a capacity of 46,096 seats.

Location: Al-Khobar
Companies involved: Saudi Aramco, Roshn, Foster + Partners, Populous, Besix, Albawani, Al-Osais International Holding
Match category: Round of 16

14. King Khalid University Stadium

The stadium will undergo expansion works that will see its capacity raised to 45,428 seats. The facility is expected to be ready by 2032.

Location: Abha
Companies involved: Populous
Match category: Round of 16

15. Neom Stadium

The 46,010-seat stadium in Neom is “designed to stand out among the world’s most iconic landmarks”, according to the bid book. It is planned to be built 350 metres above ground level within The Line project at Neom.

The stadium is expected to be ready by 2032.

Location: Neom
Companies involved: Neom
Match category: Quarter-final

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Yasir Iqbal

Exclusive from Meed

Read the November 2026 MEED Business Review
4 November 2026
UAE economy shows resilience
4 November 2026
Kuwait appoints KPMG for ports strategic plan
4 November 2026
Combined Group signs Kuwait upstream contract
4 November 2026
Qiddiya seeks interest for water infrastructure packages
4 November 2026

Read the November 2026 MEED Business Review
4 November 2026

Download / Subscribe / 14-day trial access

The GCC projects market continues to show resilience against a deteriorating macroeconomic backdrop, with clients committing capital despite the regional fallout from the US-Iran conflict.

According to the IMF, every GCC economy except Oman is projected to contract in 2026. Yet government-backed infrastructure spending has cushioned the blow, led by the UAE, where contract awards are up 6.1% year-on-year.

But beneath the headline figures, signs of a slowdown are emerging. Falling residential activity, a retreat in Saudi Arabia’s gigaproject spending and a sharp decline in tendering suggest that the market faces a tougher test as the conflict continues.

Read more in our November issue Agenda feature.

Our 22-page market focus on the UAE examines how state-backed capital, greater freedom to increase oil production following the UAE’s exit from Opec, and continued investment in energy, transport and water infrastructure are helping the country absorb the economic shock of the Iran conflict.

It also looks at how Abu Dhabi is adjusting its diplomatic approach, and the risks that remain for the wider economy.

This month’s industry report turns to project finance, examining how Gulf lenders are reassessing risk amid regional instability, higher costs and tighter credit limits. While infrastructure funding needs remain undiminished, the conflict is changing the way projects are financed, with lenders paying closer attention to physical security, insurance and risk allocation.

The report also examines the slowdown in public-private partnership activity across the Middle East and North Africa, where the value of awards has fallen sharply despite a pipeline of major deals still to come.

We also speak to WSP’s regional president Dean McGrail about the resilience of the Gulf construction market, the shift towards infrastructure investment and the opportunities emerging in aviation.

H&H chairman Shahab Lutfi discusses how the Dubai developer is pressing ahead with contract awards despite rising costs and softer sales, while the UAE Ministry of Energy & Infrastructure’s Mohammed Al-Mansoori explains how the country is strengthening supply-chain resilience and maintaining infrastructure delivery in the face of disruption.

Elsewhere, we examine the global stadium construction market, where annual spending is forecast to jump by 39% in 2027 as governments prepare for major sporting events, and look at the economic consequences of the Strait of Hormuz closure.

We hope our valued subscribers enjoy the November 2026 issue of MEED Business Review.

Must-read sections in the November 2026 issue of MEED Business Review include:

> AGENDA: GCC projects market holds its nerve

> INTERVIEW: Stability holds as project work continues

> INTERVIEW: H&H continues to deliver Dubai projects

INDUSTRY REPORT:
Project finance
> Project financiers hold the line
> PPP activity fades amid regional instability

> INTERVIEW: Building resilience into infrastructure delivery

> STADIUMS: Stadium spending set to jump 39% in 2027

> REGIONAL CONFLICT: Hormuz closure wipes out growth in 2026

> UAE MARKET FOCUS:
> GOVERNMENT: Abu Dhabi mends fences with Riyadh
> ECONOMY: UAE growth holds up as regional risks persist
> BANKING: UAE banks profit as credit growth surges
> UPSTREAM: Adnoc steps up crude expansion
> DOWNSTREAM: Adnoc funnels billions into boosting gas processing
> POWER: Gas-fired projects drive resilience in UAE power sector
> WATER: Tasreef scheme drives UAE water investment
> CONSTRUCTION: State-backed spending cushions UAE construction slowdown
> TRANSPORT: Infrastructure drives UAE growth agenda
> MANUFACTURING: UAE vehicle manufacturing push moves into production

> MEED COMMENTS:
> Regional tensions strengthen the case for GCC rail
> Focus turns to the Northern Emirates
> Gulf data centre ambitions face delivery test
> Qatar buys LNG reliability beyond Hormuz

> GULF PROJECTS INDEX: Saudi Arabia drives Gulf projects market higher

> SEPTEMBER 2026 CONTRACTS: Middle East contract awards

> ECONOMIC DATA: Data drives regional projects

> OPINION: When football meets politics

> BUSINESS OUTLOOK: Finance, oil and gas, construction, power and water contracts

To see previous issues of MEED Business Review, please click here

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MEED Editorial
UAE economy shows resilience
4 November 2026

Commentary
Colin Foreman
Editor

State-backed capital is carrying the UAE projects market through the economic shock of the Iran conflict. Government and government-related entities have accounted for $22.4bn of the $34.6bn of contracts awarded in Dubai so far this year, almost two-thirds of the total, according to regional project tracker MEED Projects. Private developers have deferred new launches, and off-plan residential sales in the emirate fell from $9bn in February to $4bn in August.

In Abu Dhabi, state-affiliated developers and cultural agencies are accelerating destination projects on Yas and Saadiyat islands, including the $1.7bn Sphere Abu Dhabi venue.

The energy sector is adding momentum. The UAE’s exit from Opec in May has freed Abu Dhabi National Oil Company (Adnoc) to make greater use of its spare crude capacity, and the company is on course to exceed its 2024 upstream project spending this year. Adnoc Gas has awarded $8.2bn of contracts for the second and third phases of its rich gas development programme.

The $3bn Taweelah C combined-cycle gas turbine plant accounted for most of the $4.17bn of power contracts awarded by early September, while Dubai’s AED30bn ($8.1bn) Tasreef stormwater programme is driving water sector activity.

MEED Projects tracks $103bn of transport schemes at pre-execution stages, including rail links that would give exporters routes that avoid the Strait of Hormuz.

Non-oil activity is also holding up. The UAE purchasing managers’ index compiled by financial information and analytics provider S&P Global reached a 20-month high of 55.3 in September. Net profits at the 10 biggest UAE banks rose 7% to AED47.8bn ($13bn) in the first half, supported by loan growth of 21%.

Meanwhile, Abu Dhabi is repairing relations with Riyadh after a year of friction over Yemen and Sudan. On 8 October, the two countries signed a memorandum of understanding covering power grid interconnection and freight rail.

Risks remain. The Washington-based IMF expects the GCC economy to contract by 3.8% this year, with recovery dependent on shipping through Hormuz returning to normal. US scrutiny of Iran-linked transactions is also tightening compliance demands on UAE banks. That said, there are reasons to be hopeful. The IMF expects the economy to rebound in 2027 with 7.7% GDP growth.

MEED’s November 2026 report on the UAE includes:

> GOVERNMENT: Abu Dhabi mends fences with Riyadh
> ECONOMY: UAE growth holds up as regional risks persist
> BANKING: UAE banks profit as credit growth surges
> UPSTREAM: Adnoc steps up crude expansion
> DOWNSTREAM: Adnoc funnels billions into boosting gas processing
> POWER: Gas-fired projects drive resilience in UAE power sector
> WATER: Tasreef scheme drives UAE water investment
> CONSTRUCTION: State-backed spending cushions UAE construction slowdown
> TRANSPORT: Infrastructure drives UAE growth agenda
> MANUFACTURING: UAE vehicle manufacturing push moves into production

To see previous issues of MEED Business Review, please click here

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Colin Foreman
Kuwait appoints KPMG for ports strategic plan
4 November 2026

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Kuwait Ports Authority (KPA) has appointed the local office of UK-headquartered KPMG to develop its ports strategic plan, which aims to improve the competitiveness, connectivity and performance of Kuwait’s commercial ports.

KPMG will act as lead consultant on the strategic consultancy engagement, with Netherlands-based Haskoning Nederland and local engineering firm Dar Gulf Consult providing engineering consultancy support.

KPMG will consolidate the three consultants’ work into a single strategic plan. It will lead the market, commercial and organisational analysis, as well as develop and implement the strategy.

The scope is split into two workstreams. The first covers strategy development, planning and an implementation framework, including an assessment of KPA’s current market position and performance.

The resulting strategic options and roadmap will be developed into detailed functional plans, supported by key performance indicators, a risk framework and a monitoring plan.

Under the second workstream, KPMG will set up and lead a strategic technical support office for 36 months. The office will provide KPA with strategic oversight, technical advisory services and integrated project management support.

KPA operates Kuwait’s three main commercial ports: Shuwaikh Port, Shuaiba Port and Doha Port.

In line with the New Kuwait Vision 2035 development strategy, KPA is transitioning its operations into high-efficiency smart ports by investing heavily in automated machinery, deeper navigational channels and significant berth capacity expansions.

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Yasir Iqbal
Combined Group signs Kuwait upstream contract
4 November 2026

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Kuwait-headquartered Combined Group Contracting Company has signed a contract to repair and revamp production facilities in West Kuwait, according to a company statement.

State-owned upstream operator Kuwait Oil Company (KOC) awarded the contract, valued at KD9.7m ($31.4m).

The contract has a five-year term.

KOC issued the invitation to bid on 5 October 2025. The initial bid deadline was 4 January 2026, and a pre-tender meeting was scheduled for 4 November 2025.

The contract award to Combined Group was approved on 13 September 2026.

Kuwait’s oil and gas sector is currently in the midst of a major crisis, as disruptions to shipping through the Strait of Hormuz have dramatically reduced exported crude oil volumes.

The disruptions are the result of a regional war that started on 28 February when the US and Israel attacked Iran.

The disruptions to shipping in the Strait of Hormuz are also creating significant challenges for oil and gas construction projects, which normally import equipment and materials through the waterway.

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Wil Crisp
Qiddiya seeks interest for water infrastructure packages
4 November 2026

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Qiddiya Investment Company (QIC) has issued an expression of interest for two water infrastructure packages at Qiddiya City, southwest of Riyadh.

According to a source, the first package covers a wastewater treatment plant with a capacity of 60,000 cubic metres a day (cm/d).

The second package involves a wastewater treatment plant with a capacity of 9,000 cm/d. It will also include a “sizeable” reverse osmosis (RO) facility, a source close to the project told MEED.

The deadline for submissions of interest is 8 November.

The infrastructure package will cater to Saudi Arabia’s 360-square-kilometre Qiddiya entertainment city.

QIC, which is owned by Saudi Arabia’s Public Investment Fund (PIF), is overseeing the development of Qiddiya City, including its supporting utilities infrastructure.

In October 2024, MEED reported exclusively that QIC planned to tender its utilities packages individually under an engineering, procurement and construction model.

QIC had previously planned to procure the infrastructure through a public-private partnership (PPP). However, it cancelled this approach despite receiving two bids for a multi-utility package in 2020.

The original utilities package covered power generation, water desalination, sewage treatment and water transmission networks.

In September 2023, QIC signed infrastructure contracts worth SR2.29bn ($611m) with a joint venture of Saudi Real Estate Infrastructure Company (Binyah) and InfraRoad Contracting.

The contracts covered a wider infrastructure package at Qiddiya’s Resort Core, including roads, utility networks, water storage facilities and pumping stations, as well as the construction of a sewage treatment plant (STP).

Two other major PIF-backed developments, the Red Sea project and Amaala, have each awarded multi-utility packages using a PPP model, while contractors are preparing to bid for two separate wastewater treatment plants for Oxagon, Neom’s industrial cluster.

In September, the utilities system serving Saudi Arabia’s Red Sea tourism destination reached commercial operation, marking the start of a 25-year concession for one of the world’s largest integrated off-grid utilities projects.

The project, known as the Marafiq Red Sea Project or Red Sea Utilities Multi-Utilities Project, includes three seawater RO plants, an STP, a waste management centre and 32,500 refrigeration tonnes of district cooling capacity.

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Mark Dowdall