Urbacon Saudi Company

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Diriyah Company awards contracts for six luxury hotels and branded residences

Contract holder for three hotels and one residence in Diriyah Square

Diriyah Company awarded $727.9m in construction contracts to MAN-MAG JV and Urbacon Saudi Company to build six luxury hotels and three residential projects in Diriyah Square. The MAN-MAG joint venture of MAN Enterprise Al Saudia and Al Majal Al Arabi Group takes $353.1m for three hotels and two residential assets; Urbacon takes $374.8m for three hotels and one residence.

Updated 1 hour ago