Saudi Real Estate Infrastructure Company (Binyah), a subsidiary of Saudi Real Estate Company (Al Akaria), has won a SR373.93m ($99.43m) contract from Diriyah Gate Company to execute the enabling works for Diriyah Gate phase 2. The project covers site preparation, earthworks (cutting, filling, demolition and compaction) and associated works. The contract duration is 548 days from the first quarter of 2023 to the fourth quarter of 2024.Source: https://www.meed.com/binyah-wins-diriyah-gate-phase-2-enabling-worksBinyah specialises in infrastructure development works, water and wastewater utility projects, and ports and marine construction. Al-Akaria is its majority stakeholder with 60 per cent of capital.