• Contact
  • Magazines Archive
  • Subscribe Now
Business Today Middle East
  • News
  • Business
    • Markets
      • Money
      • Tech News
      • Healthcare
      • Opinion
    • Appointments
  • Real Estate
  • Technology
  • Energy
  • Hospitality
    • Hotel
    • Catering
  • Lifestyle
    • Fashion
    • Sports
    • Cars
    • Travel
  • Design
  • Interviews
  • Regional Roundup
No Result
View All Result
Business Today Middle East
  • News
  • Business
    • Markets
      • Money
      • Tech News
      • Healthcare
      • Opinion
    • Appointments
  • Real Estate
  • Technology
  • Energy
  • Hospitality
    • Hotel
    • Catering
  • Lifestyle
    • Fashion
    • Sports
    • Cars
    • Travel
  • Design
  • Interviews
  • Regional Roundup
No Result
View All Result
Business Today Middle East
No Result
View All Result
Home News

Qiddiya Investment Company awards construction contract to Abdul Ali Al Ajmi Company

cbnme by cbnme
February 3, 2020
in News

The Qiddiya Investment Company (QIC) has kickstarted 2020 by awarding the first construction contract of the year to Abdul Ali Al Ajmi Company, as building continues at the Qiddiya site.

“As Qiddiya strives ahead with its construction execution we are delighted to begin the mass grading and site preparation of our two anchor development nodes: the Resort Core & the City Centre,’ said Michael Reininger, Chief Executive Officer of QIC. ‘This is the first of many announcements for 2020 and we are proud to partner with a long-standing Saudi firm, the Abdul Ali Al Ajmi Company for this significant milestone’.

The start of the 12-month project will include the landscaping of 7 million cubic meters of earth to ensure the site preparation of a combined area of more than 4 million square meters. This will require upwards of 500 pieces of major earthmoving equipment to grade and develop the plots, in addition to 4,000 tons of steel and 30,000 cubic meters of concrete for storm water management so that the area is ready for the next stage of development.

Ali Abdul Ali Al-Ajmi, the Chairman of the Abdul Ali Al Ajmi Company, added: ‘As a Saudi company, it is an honor to be part of this unique project as Qiddiya’s partner. Over the last forty years we have a demonstrated history of providing our clients with superior excavation, material transport, site preparation and development and so we look forward to using these skills to help Qiddiya achieve their vision.”

Since its establishment in 1980, Abdul Ali Al-Ajmi has been recognized as a major road construction company throughout the Kingdom of Saudi Arabia. The company has specialized in the construction and maintenance of roads and bridges, infrastructure, site preparation works, real estate development and road transport services.

Set to become the Kingdom’s capital of entertainment, sports and the arts, Qiddiya is located on the doorstep of Riyadh and as one of Saudi Arabia’s giga projects will directly employ approximately 17,000 people by 2023.

Share30Tweet19Share5Pin7Send
cbnme

cbnme

Recommended For You

OpenAI Unveils GPT-5.2: From “Chatbot” to the First Universal AI Work Engine

OpenAI Unveils GPT-5.2: From “Chatbot” to the First Universal AI Work Engine

January 22, 2026
World Economic Forum: Shamma bint Mohammed Spotlights Emirati Women’s Shift from Empowerment to Global Leadership

World Economic Forum: Shamma bint Mohammed Spotlights Emirati Women’s Shift from Empowerment to Global Leadership

January 21, 2026
QIA, Goldman Sachs Sign MoU to Deepen Strategic Partnership, Targeting $25 Billion in Investments

QIA, Goldman Sachs Sign MoU to Deepen Strategic Partnership, Targeting $25 Billion in Investments

January 21, 2026
Gold and Silver Keep Reaching New Record Highs

Gold and Silver Keep Reaching New Record Highs

January 21, 2026
Automobili Lamborghini sets new record for deliveries in 2025 despite headwinds

Automobili Lamborghini sets new record for deliveries in 2025 despite headwinds

January 21, 2026
Over 250 global visionaries will surface unseen breakthroughs across the food chain from origin to market

Gulfood Launches Dedicated Platform to Support High-Growth Food-Tech Startups

January 21, 2026
Next Post

Hilton appoints cluster commercial director for two RAK properties

Latest News

OpenAI Unveils GPT-5.2: From “Chatbot” to the First Universal AI Work Engine

OpenAI Unveils GPT-5.2: From “Chatbot” to the First Universal AI Work Engine

January 22, 2026
The Sky Mansion is a masterpiece of design

ELEVATE Sets New Benchmark with AED 38 Million Sky Mansion Sale

January 21, 2026
Breez presents a rare ownership opportunity in one of the city’s most prestigious waterfront locations

Breez by Danube Leads Dubai’s Next Wave of Waterfront Living

January 21, 2026
Dubai Holding strengthens its presence in Europe’s hospitality sector by acquiring a property in Mallorca

Dubai Holding strengthens its presence in Europe’s hospitality sector by acquiring a property in Mallorca

January 21, 2026
BusinessToday_logo

Get In Touch

Building #10, Dubai Media City
PO Box 502511, Dubai, United Arab Emirates

+971 4 420 0506

sales@bncpublishing.net
Jo@bncpublishing.net

Business Today Middle East – December 2025
BusinessToday Magazines

Business Today Middle East – December 2025

by Aya Zhang
January 13, 2026
BusinessToday-nov-2025
BusinessToday Magazines

Business Today Middle East – November 2025

by Staff Writer
January 13, 2026
Sister Publications
  • Construction Business News
  • Design Middle East
  • Logistics News ME
  • Hotel & Catering
  • Entrepreneur Al Arabiyah
  • Entrepreneur Middle East
Newsletter

Never miss any important news.
Subscribe to our newsletter.

SUBSCRIBE NOW

Get In Touch

Building #10, Dubai Media City
PO Box 502511, Dubai, United Arab Emirates

+971 4 420 0506

sales@bncpublishing.net
Jo@bncpublishing.net

Sister Publications
  • Construction Business News
  • Design Middle East
  • Logistics News ME
  • Hotel & Catering
  • Entrepreneur Al Arabiyah
  • Entrepreneur Middle East
Newsletter

Never miss any important news.
Subscribe to our newsletter.

SUBSCRIBE NOW
Business Today Middle East – December 2025
BusinessToday Magazines

Business Today Middle East – December 2025

by Aya Zhang
January 13, 2026
BusinessToday-nov-2025
BusinessToday Magazines

Business Today Middle East – November 2025

by Staff Writer
January 13, 2026

Copyright © 2026 BNC Publishing. All Rights Reserved.

No Result
View All Result
  • Home
  • Landing Page
  • Buy JNews
  • Support Forum
  • Contact Us

© 2026 BusinessToday . All Rights Reserved.

Go to mobile version