Tag Archives: Diriyah Company

Diriyah Company is taking part in the UNCCD’s 16th session of the Conference of the Parties (COP16), taking place for the first time in Riyadh from  2 to 13 December 2024, under the theme “Our Land, Our Future.” The participation of Diriyah in the conference marks its inaugural involvement in this global gathering through its special pavilion in the Green Zone. This initiative aims to create a collaborative space for companies and institutions to enhance sustainability and provide solutions to address the challenges of desertification and drought. Diriyah, through its participation in the Green Zone, is showcasing several pioneering projects being developed in Diriyah, distinguished by the highest standards of sustainability and quality of life, highlighting how Diriyah is developing a global destination capable of adapting to climate change and becoming one of the most sustainable and eco-friendly cities globally. Additionally, ongoing efforts to achieve environmental sustainability within the Diriyah project, which is among the foremost projects focusing on sustainability and preservation of natural resources in the Kingdom. The project encompasses over 8 public parks and more than 20 kilometers of tracks for horses, bicycles, and walking. Additionally, it features the planting of over 6.5 million indigenous trees, plants, and shrubs across the project. The project will also provide a comprehensive sewage treatment plant, along with two mobile water treatment units and over 4,000 electric car charging stations. To date, the project has achieved over 10 certifications in a range of sustainability pillars, with assets aiming to achieve 30% energy savings and 50% water savings in some cases, including the Platinum Level LEED for Cities Certification by the U.S. Green Building Council (USGBC), the first project to do so in …

Diriyah Company announced the awarding of a $2.13 billion (SAR 8 billion) joint venture construction contract to build four luxury hotels and the Royal Diriyah Equestrian & Polo Club as part of the Wadi Safar masterplan being developed by Diriyah Company. The joint venture contractors are Urbacon Saudi Co. and Al Bawani Co. Ltd with construction work set to commence shortly on what will be another major development milestone for Diriyah Company. Contracts were officially signed today at a ceremony held in Diriyah between Ramez Al Khayyat, President of Urbacon Saudi Co., Fakher Al-Shawaf, CEO of Al Bawani Co. Ltd and Group CEO of Diriyah Company, Jerry Inzerillo. The contract is the biggest single contract awarded to date by the Diriyah Company and follows the announcement of a more than $2.07 billion (SAR 7.8 billion) contract to build the Northern District earlier in July. Diriyah Company Group CEO, Jerry Inzerillo said: “This contract marks another major step in accelerating our exciting development plans for the Wadi Safar masterplan and includes four world-class hotels – Aman, Six Senses, The Chedi, and Faena – and our prestigious Royal Diriyah Equestrian & Polo Club. As a developer we are extremely proud of the momentum across all aspects of our project and are delighted to have two of Saudi Arabia’s leading construction firms on board to deliver this major part of the Wadi Safar masterplan.” “The hotels are among the 40 plus across our two masterplans, Diriyah and Wadi Safar as we gear up to deliver world-class luxury experiences to visitors from across the Kingdom, the region and the world. The Royal Diriyah Equestrian & Polo Club will create a true center of regional …