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Dar Al Majed awards contract for eight residential buildings in Riyadh

Dar Al Majed Real Estate Company (Al Majdiah) has awarded a contract to build eight residential buildings comprising 226 units in Riyadh to Emarna Contracting.
RiyadhImage for illustration purposes (source: Shutterstock)

Riyadh, Saudi Arabia - The contract, worth $20.52 million (77m SAR), was awarded to Emarna Contracting Co. to deliver the Al Majdiah 174 project on a turnkey basis in the Al-Nada district, the company said in a statement to the Saudi stock exchange.

Under the agreement, Emarna will handle all turnkey works, including construction, architectural and finishing works, electrical and mechanical services, safety and protection systems, HVAC works, and general site works.

The statement said the project is expected to be completed within 12 months.