Jeddah unveils 29 real estate projects across industrial, residential, retail sectors
Jeddah's investment package includes 13 commercial opportunities featuring developing and operating retail shops and commercial complexes across various districts. The initiatives include the development of an integrated container city spanning 846,684 sq. meters and a second container park at 429,223 sq. meters.
This latest undertaking also follows a similar wave of investment opportunities recently launched in Riyadh, underscoring a nationwide push to diversify Saudi Arabia's economy and enhance urban livability.
Jeddah's additional projects feature a 145,472-sq.-meter barley milling and packaging facility, eight worker residential compounds, and eight public parks equipped with kindergartens and retail outlets.
A food truck zone under the municipal incubator program in South Obhur has also been introduced. In the education sector, a health college project has been announced.
The strategically distributed initiatives aim to meet neighborhood needs while ensuring synergy between activities.
The municipality has invited investors to submit proposals through the Furas Saudi investment portal. It noted that the bid submissions will be accepted from May 1 until July 8, as per the scheduled timeline. The Furas portal streamlines investor access, reflecting a unified approach to municipal investments.
This undertaking underscores Jeddah's commitment to economic growth and urban development in alignment with national objectives.
Riyadh's 2025 investment portfolio — spanning commercial, industrial, and leisure projects — mirrors the Kingdom's strategic focus on private-sector-driven development under Vision 2030.
In March, the Riyadh Municipality unveiled 20 new investment prospects across 175,000 sq. meters, including mixed-use spaces, retail hubs, and industrial zones, with contracts ranging from five to 25 years.
Key districts like Jarir, Al-Rawdah, and Al-Qadisiyah are prioritized to ensure balanced growth. Complementing these efforts, the city has expanded its green infrastructure, adding 87 parks since 2022 to reach over 745,000 sq. meters of green space — transforming them into multifunctional community venues.
These parallel initiatives highlight Saudi cities' commitment to sustainable urbanization, economic diversification, and elevated quality of life, cementing the Kingdom's position as a regional leader in transformative urban development.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Saudi Gazette
6 hours ago
- Saudi Gazette
Saudi media minister visits Al Arabiya headquarters in Riyadh following full operational relocation
Saudi Gazette report RIYADH — Minister of Media Salman Al-Dosari visited the headquarters of Al Arabiya Network in Riyadh on Sunday, following the network's full relocation of its editorial, administrative, and operational divisions to the Saudi capital. During the visit, Al-Dosari met with editorial and technical leadership at the network and reviewed the organizational structure, content production systems, and broadcasting operations. He was briefed on the network's editorial workflows and cutting-edge technology deployed across the facility's three main studios and three control rooms. Welcomed by Al Arabiya and Al Hadath General Manager Mamdouh Al-Muhaini and Deputy General Manager Zaid bin Kami, the minister toured the studios and newsroom areas, which are equipped with robotic cameras, virtual and augmented reality capabilities, and advanced live-broadcast systems operated by 230 staff members. Al-Dosari also reviewed upcoming developments at the headquarters, including five additional studios and five new control rooms currently under upgrades will feature media technologies being introduced for the first time, with the goal of improving content quality and enhancing visual storytelling for minister commended the network's editorial vision and legacy, stating that since its launch over 22 years ago, Al Arabiya has played a pivotal role in elevating Arab awareness through its rational, professional tone and rejection of populism and stressed that Al Arabiya's move to Riyadh represents more than a geographic shift — it marks a qualitative transformation that places the network at the heart of regional political and economic developments, allowing it to benefit from Saudi Arabia's world-class media thanked Al Arabiya's staff for their commitment and tireless work to complete the transition, praising their role in maintaining the network's credibility and leadership in covering rapidly evolving regional and global said the network's official relocation to Riyadh marks a strategic milestone aligned with Saudi Arabia's ambitions to expand its regional and global media added that the move enhances the network's access to decision-making centers, talent, and innovation in 2003 with the slogan 'To Know More,' Al Arabiya has built a global footprint with correspondents in key Arab and international capitals.
Leaders
10 hours ago
- Leaders
Three Companies to Operate New Low-Cost Saudi Airline from Dammam
The Saudi General Authority of Civil Aviation (GACA) unveiled that an alliance of three companies won a bid to operate a new Saudi national low-cost airline, according to Reuters. GACA announced that Air Arabia, Kun Investment Holding and Nesma would operate domestic and international flights from King Fahd international airport in Dammam. Therefore, the new airline will further foster air connectivity for the Eastern Region, increase seat capacity as well as offer competitive travel options for passengers. Crucially, the new flights seek to serve 57 international destinations and 24 local destinations by 2030. Through a fleet of 45 aircrafts, the airline aspires to carry approximately 10 million passengers per year while creating more than 2,400 job opportunities. To achieve the goals of the Aviation Program under the National Transport and Logistics Strategy, #GACA announces that «AirArabia Alliance» has won as the new low-cost national carrier at King Fahd International Airport in Dammam, with the aim of enhancing air connectivity in the… — هيئة الطيران المدني (@ksagaca) July 20, 2025 Launched in 2003, Air Arabia is a low-cost airline based in Sharjah, UAE. Currently, it operates a fleet of nearly 60 Airbus A320s and flies to more than 170 destinations across 30+ countries, the Middle East, North Africa, Asia, and Europe. The new milestone marks the first time for Air Arabia to co-operate a Saudi-licensed carrier. Established in 2018 in Jeddah, Kun Investment Holding Company (KIH) has rapidly emerged as one of Saudi Arabia's prominent investment houses. Its investment portfolio features real estate, construction, healthcare services, tourism and leisure, integrated solutions, as well as the health and fitness sectors. Nesma Group stands out as a diversified Saudi enterprise with a background in aviation and infrastructure, gained through its former airline operations. Related Topics: Flynas to Begin Direct Flights to Damascus on June 5 Syria Resumes Direct Flights with UAE King Khalid Airport Welcomes First China Eastern Flights Short link : Post Views: 14
Saudi Gazette
14 hours ago
- Saudi Gazette
Saudi finance minister calls for urgent reform of global trade system at G20 summit
Saudi Gazette report CAPE TOWN — Saudi Finance Minister Mohammed Al-Jadaan emphasized the urgent need to accelerate reform of the global trade system in response to shifting economic realities, during the third G20 Finance Ministers and Central Bank Governors Meeting held under South Africa's presidency on July 17–18. 'The fiscal space is shrinking at a time when financing needs are growing, leading to higher borrowing costs and mounting pressure on both governments and the private sector,' Al-Jadaan said during his address. He welcomed the G20 note on lessons learned from the Common Framework cases and the accompanying debt treatment steps document, noting their importance in strengthening transparency and predictability. He also stressed the need to continue supporting countries facing financial stress or short-term liquidity challenges. On the sidelines of the G20 meetings, Al-Jadaan held bilateral talks with several finance ministers to discuss global economic developments and topics of mutual meeting, hosted in KwaZulu-Natal, South Africa, brought together G20 finance ministers, central bank governors, invited country representatives, and heads of international and regional financial institutions.
