Diriyah Co. signs $2bn contract for Wadi Safar 

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Diriyah Co. has signed a $2 billion contract with Urbacon Saudi Co. and Al-Bawani Group to develop Wadi Safar. (AN Photo/Loai El-kellawy)
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Diriyah Co. has signed a $2 billion contract with Urbacon Saudi Co. and Al-Bawani Group to develop Wadi Safar. (AN Photo/Loai El-kellawy)
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Diriyah Co. has signed a $2 billion contract with Urbacon Saudi Co. and Al-Bawani Group to develop Wadi Safar. (AN Photo/Loai El-kellawy)
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Updated 24 July 2024
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Diriyah Co. signs $2bn contract for Wadi Safar 

  • Deal includes equestrian club, polo grounds, luxury resorts
  • Jerry Inzerillo: Wadi Safar will be one of the most beautiful residential developments in the world

RIYADH: Diriyah Co. has signed a $2 billion contract with Urbacon Saudi Co. and Al-Bawani Group to develop the Wadi Safar project, including the Royal Diriyah Equestrian and Polo Club and several luxury hotels.

“Today is a very big day,” Diriyah Co. Group CEO Jerry Inzerillo told Arab News. “It is unusual for development companies worldwide to sign $2 billion contracts, but this is a giant construction package for our Wadi Safar, which will be one of the most beautiful residential developments in the world,” he said.

The MoU was signed on Wednesday at the DGDA headquarters in Riyadh by Inzerillo, Urbacon Trading & Contracting President Ramez Al-Khayyat, and Al-Bawani Group CEO Fakher Al Shawaf.

“Wadi Safar will be home to the Royal Diriyah Equestrian and Polo Club, a Greg Norman-designed 27-hole golf course, and 10 spectacular resorts,” Inzerillo said. “Four of these resorts are included in this package: Aman, which will be one of the most beautiful Amans in the world, Oberoi, a spectacular hotel operator from India, Faena from Argentina and Miami, and Chedi from the Far East. These four resorts are beautiful.”

The CEO said that Wadi Safar “will be one of the greatest luxury residential high-end developments in the world, with a $2 billion package.”

Inzerillo said that last week they signed another $2 billion package for their multi-use northern district, which will include King Salman Library, King Salman University, and Diriyah Square.

“And before December, we will be issuing additional contracts with big numbers close to this as well,” he said. 

“This indicates that Diriyah is moving full speed ahead to realize Vision 2030. Diriyah will be finished in time for Expo 2030 Riyadh, which will be the greatest expo in the world.”

Located west of Diriyah, Wadi Safar aims to be a residential cultural hub offering the world’s finest experiences in polo, luxury hotels, and golf courses.

Mohamed Saad, president of Diriyah Co., highlighted the significance of the new partnership: “This is the main construction of many assets in Wadi Safar, including the Royal Diriyah Equestrian and Polo Club, which will be the largest equestrian polo club in the region. This will also include a range of hotels: Amaala Resort, Six Senses, and Chedi.

“Everything we do has to go back to the roots and culture of Diriyah. We are designing all of our buildings and assets to present and celebrate the legacy, culture and heritage of Diriyah,” he said. 

Saad highlighted that assets would open gradually each year, and by 2030, all of Diriyah’s assets would be operational.

“We have already delivered the golf course at Wadi Safar and will soon invite people to play on it,” he said.

He said that the Wadi Safar hotels would gradually begin opening in 2026.


Energy ministers discuss Saudi-Japan cooperation

Updated 6 sec ago
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Energy ministers discuss Saudi-Japan cooperation

RIYADH: Japan’s Economy, Trade and Industry Minister Yoji Muto held discussions on cooperation with Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman bin Abdulaziz on Tuesday.

The officials reviewed current ties and stressed the importance of joint efforts in energy transitions, the Saudi Press Agency reported.

The ministers welcomed the progress made under the Manar Initiative, which is a Saudi-Japan effort to promote clean energy.

The initiative was launched after former Japan Prime Minister Fumio Kishida’s visit to Saudi Arabia in 2023.

A version of this story originally appeared on Arab News Japan


Saudi aid agency KSrelief treats hundreds at Aden prosthetics center

Updated 8 min 35 sec ago
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Saudi aid agency KSrelief treats hundreds at Aden prosthetics center

  • The services included the manufacturing and fitting of prosthetic limbs, as well as physical therapy

RIYADH: The Kingdom’s aid agency KSrelief has helped to treat 452 Yemenis, who lost limbs because of the ongoing conflict, at the Prosthetics and Rehabilitation Center in Aden governorate, the Saudi Press Agency reported recently.

A total of 1,407 procedures were completed for men, who made up 65 percent of patients, and women at 35 percent.

In addition, 54 percent were displaced individuals and 46 percent residents.

The services included the manufacturing and fitting of prosthetic limbs, as well as physical therapy.

KSrelief continues to provide general and critical care for vulnerable Yemeni people, the SPA reported.


New study documents reptile species in King Abdulaziz Royal Reserve 

Updated 14 January 2025
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New study documents reptile species in King Abdulaziz Royal Reserve 

  • Researchers identified 31 species — 25 lizards and six snakes — following 1,551 field observations within the reserve

RIYADH: A groundbreaking scientific study has unveiled the first detailed list of reptile species in the King Abdulaziz Royal Reserve in Saudi Arabia, the Saudi Press Agency reported on Tuesday.

Conducted by the reserve’s development authority, the study was published in the Amphibian & Reptiles Conservation journal.

Researchers identified 31 species — 25 lizards and six snakes — following 1,551 field observations within the reserve. Three species were also newly documented, raising the reserve’s known total to 34.

The research highlighted two endangered species, the Egyptian monitor lizard (Uromastyx aegyptia) and the Wolfgangboehmei gecko (Tropicolotes wolfgangboehmei), which both face threats from climate change and human activity, according to the study.

Spanning from November 2022 to October 2023, the study employed tools such as genetic barcoding and highlighted the reserve’s ecological diversity.

Aligned with the Kingdom’s Vision 2030 program and the Saudi Green Initiative, the study is part of efforts to protect endangered species and sustain wildlife in Saudi Arabia. Researchers recommended enhanced monitoring and adaptive conservation strategies to mitigate environmental challenges.


Saudi aid center provides prosthetic services in Yemen

Updated 15 January 2025
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Saudi aid center provides prosthetic services in Yemen

  • Sixty-five percent of the beneficiaries were male and 35 percent were female, while 54 percent were displaced individuals and 46 percent were local residents

RIYADH: Hundreds of Yemenis who lost limbs in the country’s civil war were given services through a Saudi-backed medical center in Aden Governorate, the Saudi Press Agency reported on Tuesday.

With the support of the King Salman Humanitarian Aid and Relief Center, the Prosthetics and Rehabilitation Center provided 452 people with various services, including fitting, and rehabbing prosthetic limbs.

Sixty-five percent of the beneficiaries were male and 35 percent were female, while 54 percent were displaced individuals and 46 percent were local residents, the report said.

A key objective of the project is to improve the capabilities of the health sector and alleviate the suffering of Yemenis through the Kingdom’s humanitarian arm, KSrelief.

 


Gulf Print and Pack expo debuts in Saudi Arabia

Updated 14 January 2025
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Gulf Print and Pack expo debuts in Saudi Arabia

  • Event aligns with Kingdom’s goal of replacing imports with domestic production

RIYADH: Gulf Print and Pack 2025 debuted in Saudi Arabia on Tuesday, highlighting the latest technologies, innovations and sustainable solutions from over 150 exhibitors.

The event is poised to play a pivotal role in advancing the region’s printing and packaging industries while aligning with Saudi Vision 2030 goals.

The focus on digital technologies as a key theme for the event, emphasizing their transformative potential for the industry. (AN photo by Ghadi Joudah)

Event director Barry Killengrey told Arab News that hosting GPP in Saudi Arabia was a long-standing aspiration for the organizers. He said its expansion was made possible by a partnership with Informa Tahaluf, a company with a local presence.

“The GPP event in Dubai runs every two years, so this was a timely fashion where we could effectively have one event each year,” he said. “So 2025 was a focus on Saudi Arabia, especially as it aligns with the country’s goal to replace imports with domestic production.”

Gulf Print and Pack’s debut event in Riyadh is poised to play a pivotal role in advancing the region’s printing and packaging industries while aligning with Saudi vision 2030 goals. (AN photo by Ghadi Joudah)

The event seeks to encourage collaboration and innovation within the commercial printing and packaging sectors, particularly in developing markets like Saudi Arabia. Killengrey said it created vast opportunities across the printing and packaging spectrum.

“In such markets, industries are more fluid compared to the highly specialized and consolidated markets in developed regions,” he explained, adding that commercial printers might move into packaging, and packaging converters might also have a commercial print business.

This isn’t just about showcasing technology. It’s about creating opportunities, driving growth and shaping the future of an industry that is vital to the region’s economic development.

Barry Killengrey, Gulf Print and Pack 2025 event director

“These industries are highly entrepreneurial and tend to seize faster-growing opportunities,” he said.

Barry Killengrey, Gulf Print and Pack 2025 event director

Killengrey also highlighted the crossover between packaging machinery and printing operations.

“For instance, co-packers often print their own packaging materials, and brand owners or specifiers seek events where they can explore a wide range of machinery applications and market opportunities,” he told Arab News.

Gulf Print and Pack’s debut event in Riyadh is poised to play a pivotal role in advancing the region’s printing and packaging industries while aligning with Saudi vision 2030 goals. (AN photo by Ghadi Joudah)

The next generation was also creating a much better appetite for longevity in printing and sustainability. Whether it was direct mail, menus or advertising, a focus on sustainable products was key, he added, acknowledging the challenges faced by global brands — particularly in the food and beverage industries — to adopt sustainable practices.

Killengrey said the expo addressed these by emphasizing innovation, design, shorter production runs and the use of diverse, environmentally friendly materials.

He added rapid advancements in digital printing and packaging technologies were expected to grow significantly over the next five to 10 years.

The event also features innovations in digital embellishment, automation and pre-and post-press workflows, offering attendees insights into the latest capabilities in flexible packaging, plate-making, cutting machines, folding machines, and corrugation technologies.

Digital technology is a key theme for the event, emphasizing their transformative potential for the industry.

“This isn’t just about showcasing technology,” Killengrey said. “It’s about creating opportunities, driving growth and shaping the future of an industry that is vital to the region’s economic development.”