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Image 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.
Urbaser is building the plant and will run it for five years in a 60:40 JV with Tadweer.
The two-day forum runs on 8 and 9 December at the Four Seasons Hotel Rabat at Kasr Al Bahr.
A 406-room hotel, 900 more slots and a 13-room spa are due at the California resort in summer 2028.
Non-residential costs climbed 2.6% and residential costs 2.1% against September 2025.
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