‘Jeddah Construct’ spotlights innovative products and services

Industry experts shared practical insights and innovative strategies addressing the pressing needs and emerging trends of the construction industry in Jeddah.
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Updated 02 October 2024
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‘Jeddah Construct’ spotlights innovative products and services

The inaugural edition of Jeddah Construct, the largest construction event in the western province, opened its doors, welcoming visitors until Oct. 1 at the Jeddah International Exhibition and Convention Center.

Powered by Big 5 Construct Saudi, the event was opened by a delegation from the Jeddah Center for Exhibitions and Events, with Ben Greenish, executive vice president — construction at dmg events, and Muhammed Kazi, senior vice president — construction at dmg events, joining the opening ceremony.

“We are thrilled to open the first edition of Jeddah Construct, building on our decade-long legacy in the Kingdom of Saudi Arabia with Big 5 Construct Saudi. The event covers the entire construction value chain, bringing together 200 exhibitors from over 25 countries and presenting a wide range of products, services, systems and solutions. With $613 billion worth of megaprojects driving Jeddah’s built environment forward, we are looking forward to supporting the evolving demands of Jeddah’s construction landscape,” said Kazi.

He added: “The event features products and services under 16 key product sectors, hosting a blend of local and international exhibitors and providing a veritable platform for business engagements.”

The exhibition halls featured key steel exhibitors at the forefront of structural innovation. Exhibitors presented a wide range of advanced steel products, from cutting-edge materials to sustainable structural systems, designed to meet the growing demands of Jeddah’s construction sector.

One of the key players and leaders in the steel tubes and pipes market locally and regionally, Al-Yamamah Steel Industries presented a range of steel tubes for structural purposes, scaffolding tubes and steel pipes for pressure services. Kirby Building Systems showcased a wide range of customized, cost-effective steel building solutions, which included pre-engineered steel buildings, sandwich panels, curved beams, deep decking panels as well as standing seam panels renowned for their longevity and durability.

Other steel giants showcasing their products and systems included Himalaya Steel Group, Framecad International, Cypex, Baz Steel and Icon Egypt.

The outdoor exhibition area at Jeddah Construct opened with a display of the top heavy machinery exhibitors, offering attendees an impressive showcase of the latest in construction equipment and technologies.

XCMG Trading Company, one of the largest construction machinery companies in China, presented its customized series of skid-steer loaders, excavators and backhoe loaders, specialized in the early stages of construction, including digging, hauling and excavating. Another exhibitor, NAZ Industries, brought its latest tipper and flatbed trailers and semi-trailers with lower weight, which streamline operations, reduce downtime and enhance productivity, meeting the unique needs of construction megaprojects.

Other exhibitors included Essa Dakhil Allah Almarwani Trading Company, Alton Trading Company and Al-Wady Al-Akhdar Al-Momaiaz Factory.

Day 1 of CPD-certified Construct Talks, sponsored by Himalaya Steel, welcomed industry leaders, subject matter experts and decision-makers to share practical insights and innovative strategies addressing the pressing needs and emerging trends of the construction industry in Jeddah.

In one of the sessions, Khalil Al-Saeedi, executive director of program delivery at Saudi Entertainment Ventures, stressed the importance of early collaboration among project teams for effective project planning and resource allocation, crucial for the successful delivery of projects. Fellow speaker Mohammed Abdel Jawad, project management expert and committee member at Project Management Institute — Saudi Arabia, shared valuable insights on the RACI matrix, which is imperative for resource assignments while visualizing roles and responsibilities within project teams.

The opening day featured an industry networking session hosted by the Chartered Institute of Building, bringing together construction stakeholders, professionals and thought leaders to engage in discussions and expand their professional network with some of the industry’s leading figures.


Al-Saedan launches $400m investment platform for real estate, digital infrastructure

Updated 27 January 2026
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Al-Saedan launches $400m investment platform for real estate, digital infrastructure

Al-Saedan Real Estate Company of Saudi Arabia, in collaboration with Serpentine Lake Capital of the UK and SGI Real Estate of Canada, have announced the establishment of a joint development and investment platform under the name SL Property. The platform will develop commercial, residential, and hospitality projects, alongside infrastructure and data center projects, across the Kingdom. It reflects the growing international interest in Saudi Arabia’s real estate and digital infrastructure markets and supports the development of high-quality, long-term assets within the Kingdom.

The agreement signing ceremony was held under the patronage of Minister of Municipal, Rural Affairs and Housing and Chairman of the Real Estate General Authority Majid bin Abdullah Al-Hogail, as part of the Future of Real Estate Forum, in which Al-Saedan Real Estate participated as a strategic sponsor. The ceremony was attended by Dr. Badr bin Ibrahim bin Saedan, chairman of the board of Al-Saedan Real Estate; Ahmed bin Ibrahim bin Saedan, vice chairman of the board of Al-Saedan Real Estate; Ben Mikola, representative of Serpentine Lake Capital and SL Property; and Hassan Al-Shawwa, representative of SGI Canada.

The attendance reflects the strategic importance of the initiative and the continued support of the authority in facilitating the attraction of high-quality international investments into the Kingdom’s real estate and digital infrastructure sectors.

This development follows the issuance of the Regulation on Real Estate Ownership by Non-Saudis in Saudi Arabia, which came into effect in January. The updated regulatory framework is expected to expand access to international investment, facilitate foreign investor participation in strategic sectors, and increase the depth of institutional capital flowing into the real estate, infrastructure, and data center sectors in the Kingdom.

The platform is targeting initial joint investments of SR1.5 billion ($400 million) in partnership with Al-SaedanReal Estate, representing the first phase of a broader, multi-stage investment program. In its initial phase, SL Property — Al-Saedan intends to invest in six to eight projects across real estate, infrastructure, and data centers, with additional opportunities anticipated as the platform’s activities expand in the future.

The initial projects will be concentrated in Riyadh and Jeddah, and will include mixed-use developments, commercial assets, residential projects, and infrastructure related to data centers. These projects are designed to be scalable, sustainable, and aligned with national development priorities, including housing expansion, enhancement of urban quality of life, hospitality sector growth, and strengthening the Kingdom’s digital services capabilities.

Al-Saedan Real Estate is one of the oldest private real estate development companies in Saudi Arabia, with more than 80 years of operational experience and a strong track record that includes the development of seven major integrated urban communities, in addition to numerous commercial, hospitality, and associated infrastructure projects.

The SL Property platform will serve as a dedicated investment vehicle for this initiative, with Serpentine Lake Capital contributing its asset management expertise, and SGI Real Estate providing its specialized real estate sector experience. The platform’s structure is intended to combine local development capabilities with disciplined international investment practices and robust governance standards.

This initiative aligns with the Kingdom’s economic diversification objectives and reflects growing confidence in the updated regulatory framework governing the real estate and digital infrastructure sectors. As the platform evolves, it is expected to provide both local and international investors with access to high-quality investment opportunities across the real estate and data center sectors throughout the Kingdom.

Dr. Badr bin Ibrahim said: “At Al-Saedan, we are pleased to be among the first beneficiaries of the promising new foreign investment system. Following our success in raising several local investment funds, we look forward to expanding our expertise and partnerships at a global level.”

Mikola added: “We are pleased to partner with Al-Saedan, whose strong track record provides a solid foundation for this collaboration. As the platform develops, we expect to explore opportunities to expand into real estate and infrastructure projects within the Kingdom of Saudi Arabia and beyond. The Kingdom represents a fast-growing market driven by clear structural factors, and we look forward to developing high-potential opportunities through a disciplined and focused approach.”