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Diriyah Company awards a $1.53 billion contract to China Harbour Engineering for the construction of Diriyah Arena and related facilities.
Jul 17, 2025•11 months ago
Contract Type
contract
Saudi ArabiaMuseums And Historical SitesDescription
Diriyah Company has awarded a contract worth 5.75 billion Saudi riyals ($1.53 billion) to China Harbour Engineering Company for the construction of the Diriyah Arena and associated buildings. This project aims to create a versatile venue for large-scale events and includes additional mixed-use office buildings and parking facilities.
Agreement Insights
Based on industry dataContract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months