Diriyah Gate
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A wave of giga-projects across the Gulf—most notably in Saudi Arabia—is triggering unprecedented demand for construction equipment rentals, as regional governments push ahead with large-scale infrastructure schemes to diversify their economies and accommodate rapid population growth.

In 2024 alone, Saudi Arabia awarded an estimated $148bn in construction contracts, the highest annual figure ever recorded by a Gulf Cooperation Council (GCC) member, according to industry analysts. These included a US$4.7 billion deal with Webuild to construct an artificial lake at NEOM and a US$1.92 billion contract awarded to Saudi Binladen Group to resume work on the Jeddah Tower.


“The demand for rental equipment across the Middle East is huge—so much so that the supply chain cannot keep up, whether for products, people or anything else,” says Paul Rankin, managing director of Nationwide Platforms and chief operating officer of Loxam’s Powered Access Division.

Rankin pointed to NEOM, the Red Sea Project and Diriyah Gate as emblematic of a broader uptick in activity across the region, with construction and hydrocarbons forming the backbone of demand.

Source: https://www.internationalrentalnews.com/news/gulf-mega-projects-fuel-surge-in-construction-equipment-rental-demand/8073311.article?zephr_sso_ott=iU9yTD

Riyadh, Saudi Arabia — Diriyah Company has awarded a $600 million (SAR 2.249 billion) construction contract to Salini Saudi Arabia, part of the Webuild Group. The agreement covers the development of the retail core of Diriyah Square—an anchor district within the historic Diriyah Masterplan and a central component of Diriyah Square retail construction in 2025.

The contract includes the construction of 73 buildings featuring 400 shell-and-core retail units, covering a total area of 365,340 square meters. It also involves full façade works, finishes, and interior fit-outs. Each structure will reflect traditional Najdi architecture, creating a pedestrian-friendly retail environment rooted in 300 years of Saudi heritage.

Diriyah Square is set to become the center of Riyadh’s future retail and leisure landscape. It will combine global luxury brands with local artisans, as well as offering dining and entertainment options. This new district forms a major component of Diriyah, the City of Earth—a $63.2 billion (SAR 237 billion) giga-project spanning 14 square kilometers.

https://saudistandard.com/2025/07/15/diriyah-square-retail-construction-2025-salini-contract/?utm_source=chatgpt.com

Source: https://armani-diriyah.com/

It's a hotel in Wadi Safar. https://www.wadisafar.com/en/hotels#Faena

What's Faena?

Originally Posted by TerraCotta

Faena Wadi Safar:





Source: https://www.linkedin.com/posts/abdulaziz-juraybi-071131299_architect-architecture-fainahotel-activity-7351601648793755649-Xzpj/

Faena Wadi Safar:





Source: https://www.linkedin.com/posts/abdulaziz-juraybi-071131299_architect-architecture-fainahotel-activity-7351601648793755649-Xzpj/

https://x.com/RiyadhNative/status/1946306427892724173/

https://x.com/Almu2016m/status/1945424453107650827/

Aman Residences Wadi Safar:





https://www.linkedin.com/feed/update/urn:li:activity:7348825815075151872/

At-Turaif Historical District of Diriyah:



https://www.linkedin.com/posts/welcomesaudi_at-turaif-diriyah-%D8%AD%D9%8A-%D8%B7%D8%B1%D9%8A%D9%81-%D8%A7%D9%84%D8%AA%D8%A7%D8%B1%D9%8A%D8%AE%D9%8A-%D8%A8%D8%A7%D9%84%D8%AF%D8%B1%D8%B9%D9%8A%D8%A9-activity-7347974989184184320-9Nm4/?utm_source=share&utm_medium=member_desktop&rcm=ACoAAAB6DHsBsgu64x-WrdiBOoYM2GEXkUcAt_w