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- Egypt Kuwait Holding revenues surge 32% during H1 2025 to $397 million
- Renewable energy contributes over 11% to Oman's electricity generation till May
- QNB Group earns global recognition for 'corporate banking excellence' in 2025
- QIIB receives 'Excellence in Mobile Banking Innovation 2025' award
- Beema in strategic partnership with PayLater to enable Shariah-compliant BNPL for insurance services
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- Oman's listed firms' profits rise 14% to RO757mn in H1
- QSE listed firms report QR26.68bn net profit in H1; banks and industrials contribute 74%
- Saudi Arabia invites bids for Prince Faisal Sports City PPP project
- Qatar firm proposes 'public innovation lab' model aligned with 2030 vision goals
18/08/2025 04:28 AST
Saudi Arabia's Ministry of Sports, in collaboration with the kingdom's National Centre for Privatisation & PPP (NCP) and Riyadh Municipality, has entered into the expression of interest (EoI) and request for qualification (RFQ) phases for the Prince Faisal bin Fahad Sports City project in the capital Riyadh.
A major Public-Private Partnership (PPP) scheme, it will be implemented under a design, build, fFinance, Operate, and Maintain (DBFOM) model with a contract term of 20 to 30 years, said NCP in its official notification.
The scope of work includes development of a new stadium north of King Abdullah Park in Al Malaz, adjacent to the current facility, with a seating capacity of around 47,000.
Once completed, the stadium is expected to host major domestic and international football events, including matches during the 2034 FIFA World Cup.
The scope also includes a master plan for PFBF Sports City, covering both the new and existing stadiums.
The deadline for submitting the statements of qualification (SOQs) for the local and international investors has been set at October 13.
Trade Arabia
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18/08/2025
The share of renewable energy in electricity production in the Sultanate of Oman has risen to 11.5% as of May, as part of the national strategy to increase renewable energy's contribution to power ge
ONA
18/08/2025
A Qatari innovation firm is proposing a multi-layered Public Innovation Lab (PIL) ecosystem that could help transform Qatar's public sector by enhancing service delivery, improving efficiency, and st
Gulf Times
18/08/2025
The Abu Dhabi Chamber of Commerce and Industry (ADCCI) has announced robust growth in the issuance of certificates of origin, affirming the emirate's rising non-oil exports, success of economic diver
Trade Arabia
18/08/2025
Bahrain authorities have announced that work has begun on the Bahrain-Kuwait Health Centre, a key 6,828-sq-m facility in the kingdom's Qalali region.
Being set up as part of the kingdom's
Trade Arabia
18/08/2025
As Saudi Arabia reimagines its economic and social landscape, well-being is no longer treated as a luxury - it is a strategic priority.
At the heart of this transformation is Vision 2030, wh
Arab News
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