15/07/2026 03:54 AST
Knowledge Economic City Company (KEC) has awarded a SAR118 million ($31 million) contract to Astra Construction Company for the delivery of architectural, mechanical, electrical, plumbing (MEP) and external works for the Riyadh Schools Complex within the premium urban development project in Madinah.
The contract forms a key milestone in the development of the integrated educational district being established within KEC.
The school complex is part of the implementation of the strategic agreement between KEC and Riyadh Schools Holding Company, an affiliate of the Mohammed bin Salman Foundation (MiSK).
Under this, the KEC is responsible for developing the educational complex and its supporting infrastructure, while Riyadh Schools Holding Company will operate and manage the campus, providing educational services for both boys and girls in accordance with the academic standards and curricula adopted across Riyadh Schools.
Under the 10-month contract, Astra will undertake the execution and completion of all architectural works, MEP systems, and external infrastructure for the school buildings in accordance with the approved engineering designs, technical specifications, and the requirements of the relevant regulatory authorities.
The scope of work includes the delivery of building architectural finishes, installation of mechanical, electrical and plumbing systems, and the construction of all associated external works required to complete the educational complex, it added.
Trade Arabia
09/09/2026
Saudi Arabia's Knowledge Economic City (KEC) has announced that it had signed an agreement with Kaden Investment Company to develop a mixed-use project in Madinah with an estimated gross floor area o
Trade Arabia
10/08/2026
Knowledge Economic City has announced a strategic partnership with Apparel Group, in a move that will bring 24 top international retail and dining brands across 8,686 sqm to its Multaqa Al Madinah Ma
Trade Arabia
21/07/2026
Knowledge Economic City (KEC) has signed an agreement with Saudi group Alrashid Properties to develop a premium mixed-use project - the Multaqa Residences - in Madinah on a 149,520 sq m area.
Trade Arabia
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| MASAR | 16.82 | -0.31 (-1.81 |
| DARALARKAN | 18.72 | -0.05 (-0.27 |
| MCDC | 76.70 | -0.60 (-0.78 |
| CENOMICENTERS | 14.10 | 0.00 (0.00 |
| ALAKARIA | 14.96 | 0.05 (0.33 |
05/10/2026
Mekdam Holding Group said on Sunday that its subsidiary, Mekdam Technical Services W.L.L., has received a Letter of Award from Qatar's Public Works Authority (Ashghal) for a contract to provide and s
Gulf Times
05/10/2026
Vodafone Qatar and Mowasalat (Karwa) have signed a Memorandum of Understanding (MoU) to explore future collaboration across connectivity, data and analytics, customer engagement and digital solutions
Gulf Times
05/10/2026
Saudi Arabia's Alwasail Industrial has announced that it has secured a contract worth SAR8.83 million ($2.35 million) from Almabani General Contractors Company to supply materials for the Sports Boul
Trade Arabia
05/10/2026
Du, the leading telecom and digital services provider, today announced the world's first six-carrier aggregation deployment on its commercial 5G-Advanced network, successfully aggregating six 5G New
Khaleej Times
05/10/2026
Saudi Arabia's Ministry of Energy has awarded Natural Gas Distribution Company a licence to construct, own and operate a natural gas distribution network in Al-Kharj Industrial City.
The awa
Trade Arabia