Aramco becomes title partner of Aston Martin F1 Team

Aramco becomes title partner of Aston Martin F1 Team
With the extension of the partnership, the Silverstone-based team will be known as the Aston Martin Aramco Formula One Team from Jan. 1, 2024.
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Updated 19 December 2023
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Aramco becomes title partner of Aston Martin F1 Team

Aramco becomes title partner of Aston Martin F1 Team

Aramco, one of the world’s leading integrated energy and chemicals companies, and Aston Martin Formula One Team have announced a five-year extension of their partnership, until 2028. From Jan. 1, 2024, the Silverstone-based team will be known as the Aston Martin Aramco Formula One Team.

From 2026, Aramco intends to provide best-in-class technology to deliver advanced fuels and lubricants to the team, alongside the team’s new works power unit engine partnership with Honda.

Nabeel A. Al-Jama, executive vice president human resources and corporate services, Aramco, said: “We are delighted to extend our partnership and become the exclusive title partner of the Aston Martin Aramco Formula One Team. Since partnering with the team in 2022, we have witnessed the team take significant strides forward and have enjoyed celebrating some very special moments, including eight podiums this season. The future for the Aston Martin Aramco Formula One Team is bright, and today’s news reaffirms our long-term commitment to Aston Martin where Aramco’s expertise and technology can contribute to advanced car performance, especially with our development of advanced fuels and lubricants.”

Lawrence Stroll, executive chairman, Aston Martin Aramco Formula One Team, said: “We are very proud to continue and strengthen our successful partnership with Aramco. We already enjoy an important strategic relationship and their support as our title partner for the next five years is a clear demonstration of our shared ambition. Since 2022, they have played a key role in Aston Martin’s Formula One journey and their contribution will only become more significant in the years ahead. We are working together on several key initiatives, including the development of advanced fuels for 2026, when we begin our Honda works power unit partnership. Aramco’s expertise and products will make a real contribution to our on-track performance and add significant value in many other areas of our organization, especially at our new AMR Technology Campus.”

Together, Aramco and the Aston Martin Aramco Formula One Team will work on joint science, technology, engineering and mathematics initiatives to inspire the young technicians, engineers and drivers of the future.


Diriyah Gate and Saudi Council of Engineers sign MoU

Diriyah Gate and Saudi Council of Engineers sign MoU
Updated 01 December 2024
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Diriyah Gate and Saudi Council of Engineers sign MoU

Diriyah Gate and Saudi Council of Engineers sign MoU

Diriyah Gate Development Authority has signed a memorandum of understanding with the Saudi Council of Engineers to expand collaboration between the two entities. This agreement will consolidate efforts in the engineering sector, including the development of policies and regulations, implementation of oversight and inspection mechanisms, simplifying procedures related to permits and licenses, exchanging data and expertise, and working on joint projects and initiatives.

The MoU was signed by Jerry Inzerillo, CEO of DGDA, and Abdulmohsen Almajnouni, secretary-general of SCE. The MoU emphasizes the necessity of unifying efforts between the two parties, facilitating procedures, and enabling collaboration to enhance quality, increase efficiency, and ensure continuity of work while maintaining agility in jointly addressing challenges.

Through the exchange of relevant statistics, studies, and research, the memorandum will help strengthen the relationship between the two parties, helping to achieve their shared goals and aspirations. Additionally, it seeks to contribute to the implementation of joint projects and initiatives. A joint working team will be established to enhance collaboration in shared areas such as aligning the development of mechanisms for issuing necessary licenses and permits for service providers within the supervisory scope of DGDA as well as cooperating in the qualification and classification of professional offices under SCE.

Inzerillo highlighted the significance of the MoU, saying that the agreement will support DGDA’s organizational role in simplifying licensing, permits and oversight procedures, which contributes to highlighting the extensive historical roots of Diriyah as the birthplace of Saudi Arabia. It will also showcase the distinctive architectural features to provide a unique experience for visitors from around the globe. This will be achieved through collaboration between the two parties, aligning with DGDA’s objectives and enhancing its contributions to cultural, tourism, architectural and economic development, as well as strengthening governance between the entities.

Almajnouni said that the partnership between the two parties is expected to achieve shared objectives that lead to sustainable development in accordance with the highest international standards. “This memorandum will enhance Diriyah’s status as a leading cultural and historical destination both regionally and globally, while also contributing to the development of cultural and historical awareness related to the engineering field,” he added.


Innovatively designed Dammam mosque wins award

Innovatively designed Dammam mosque wins award
Updated 01 December 2024
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Innovatively designed Dammam mosque wins award

Innovatively designed Dammam mosque wins award

The World Architecture Festival, the largest live-judged architecture awards program, recently announced the winners of its 2024 awards. The Retal Mosque project, a ground-breaking architectural concept spearheaded by architecture and design firm Pace, has won in WAF’s prestigious Future Project: Competition Entries category.

In a live event in Singapore, a jury of 175 industry experts selected finalists across 43 categories, celebrating more than 480 innovative architectural projects from 71 countries.

Pace CEO and architect Tarek Shuaib said: “We are incredibly honored to receive this prestigious global award, which stands as a reflection of our commitment to setting and exceeding international standards in architecture and design. This award is not only a testament to the hard work and creativity of everyone involved, but is also a reflection of the values we hold as a firm, as well as our dedication to creating designs that resonate on a global scale.”

As an iconic project nestled in the heart of Nesaj Town 2 in Dammam, the Retal Mosque redefines what a mosque can be, providing an innovative yet spiritually resonant space that serves not only as a place of worship but as a beacon of sustainability, beauty and community-centered design. With its striking “floating gem” design, the mosque invites worshippers into an architectural oasis, providing a place of refuge from the surrounding urban landscape and a venue to reconnect with faith, community and self.

Shuaib said: “Our vision was to create a mosque that resonates with both the traditional and contemporary sensibilities of the community, reflective of Islamic values while pushing the boundaries of what a mosque can be architecturally. We wanted the Retal Mosque to reflect the spiritual journey itself. The experience of entering the mosque is meant to feel transformative, like stepping into a sanctuary where the outside world slows down.”

The mosque’s interior holds a deep sense of serenity, with carefully designed spaces for both male and female worshippers. The lifted structure shelters a sunken male prayer hall, creating an isolated environment conducive to introspection and prayer, while the ground-level female prayer space emphasizes inclusivity and accessibility.

Reflective pools, pathways and a rotating canopy oriented toward the Qibla harness natural elements of light and water, allowing worshippers to experience a setting that is meditative, serene and connected to nature.

Consistent with Retal’s vision, “We build for generations,” and drawing inspiration from LEED and WELL standards, Pace ensured that commitment to sustainable architecture is woven into every element of the design. Among its main green approaches is a self-shading building, whereby the mosque utilizes a large canopy to create passive shading, effectively minimizing thermal heat gain. In addition, its sunken prayer hall naturally reduces temperatures.

Furthermore, trees populate the courtyard, extending into the community park, and enhancing thermal comfort while providing a lush, green respite within the mosque’s surroundings. Reflective pools and water features further cool the environment, reducing the need for mechanical cooling systems.

Another sustainable concept integrated into the design is the reuse of water. The mosque’s courtyard has been designed with a gentle slope to channel rainwater into a grey-water recycling system, which is then used for fountains and irrigation.

“The Retal Mosque represents the future of religious spaces — places that embrace modernity without losing sight of cultural and spiritual depth. This award is a monumental achievement for us at Pace and contributes to our vision to continue creating spaces that serve communities, uplift the human spirit and honor our environment,” Shuaib added.


Tatweer partners with ROSHN to develop Makkah projects

Tatweer partners with ROSHN to develop Makkah projects
Updated 01 December 2024
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Tatweer partners with ROSHN to develop Makkah projects

Tatweer partners with ROSHN to develop Makkah projects

In a strategic step toward enhancing integrated urban development in Saudi Arabia, Tatweer, a real estate development company, announced the signing of an MoU with ROSHN Group, during the Cityscape Global 2024 in Riyadh. This partnership will expand collaboration to implement ambitious, multi-use residential projects in Makkah, specifically in the Al-Manar community. The initiative aligns with the objectives of Saudi Vision 2030, contributing to an enhanced quality of life by establishing new standards in urban development.

The initiative is part of Tatweer’s strategy to drive urban transformation in the Kingdom and deliver real estate solutions that meet future needs. Through this MoU, Tatweer strengthens its strategic partnerships to support sustainable development and create urban environments that reflect the aspirations of Saudi society.

Abdulaziz Al-Zamil, Tatweer’s chief business development officer, said: “Signing the MoU with ROSHN Group is a key step in realizing our vision of building integrated and sustainable communities. Our partnership with ROSHN Group embodies our commitment to developing high-quality projects that provide economic and social value to the Kingdom and contribute to achieving Vision 2030 goals.”

Yassen Kattan, head of strategic management and corporate affairs at ROSHN Group, added: “We are proud of our partnership with Tatweer, which has demonstrated leadership in real estate development in the Kingdom. Through this MoU, we aim to achieve joint accomplishments that support residential environments and contribute to the growth of the local economy.”

This collaboration is expected to generate significant positive impacts, including the creation of local job opportunities and support for urban development across various regions of the Kingdom, solidifying Tatweer’s role in leading urban transformation and creating communities that align with the ambitions of Vision 2030.

Tatweer has developed several iconic communities across the Kingdom, such as Laysen Valley, ROSHN Front, and The Business Gate, among others.


PIF’s Dan Company launches luxury resorts brand ‘Tuaja’

Combining Hilton’s world-class hospitality with the picturesque landscapes of Al-Ahsa rich in cultural and natural beauty.
Combining Hilton’s world-class hospitality with the picturesque landscapes of Al-Ahsa rich in cultural and natural beauty.
Updated 01 December 2024
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PIF’s Dan Company launches luxury resorts brand ‘Tuaja’

Combining Hilton’s world-class hospitality with the picturesque landscapes of Al-Ahsa rich in cultural and natural beauty.
  • Tuaja Luxury Resorts’ first three properties, operated by Hilton, will be in Al-Ahsa, a significant agricultural region in Saudi Arabia’s Eastern Province and UNESCO World Heritage site.

Dan Company, a PIF company, specializing in agri, eco, and adventure tourism, has launched a new resorts brand in Saudi Arabia to further elevate the country’s tourism offering. Designed to provide unforgettable experiences that connect guests with the stunning landscapes, rich culture, and authentic hospitality of the Kingdom, Tuaja Luxury Resorts will offer a unique blend of luxury, heritage, nature, and sustainability.

The resorts will offer three distinct experiences to suit all guests, varying from luxury and exploration at Tuaja Premium Farm Resort, tranquility and contemplation at the eco-friendly Tuaja Eco Resort, and adventure and excitement at the Tuaja Adventure Resort. At the heart of all lies sustainability, reflected in innovative practices designed to preserve nature, cultivating a greener future, and fostering a strong culture of environmental responsibility.

  • Tuaja Premium Farm Resort: will offer an exceptional experience for guests to enjoy the beauty of nature amidst opulence and comfort. The resort will provide hands-on agricultural experiences and direct exploration of the land’s bounty, ranging from tasting fresh local produce to engaging in farm-to-table cooking experiences and much more.
  • Tuaja Eco Resort: is an eco-conscious retreat for those seeking tranquility and relaxation away from life’s hustle, offering expansive relaxation spaces. It features experiences of meditative practices amidst water channels and stunning nature. Carefully designed health and beauty services are available, where treatments are carried out by a team of skilled specialists using natural products and innovative techniques for the best results. Moreover, the resort stands as a testament to the importance of sustainability and environmental preservation, striving to foster a robust culture of conserving the Kingdom’s resources and the diversity of its nature for future generations.
  • Tuaja Adventure Resort: is designed for those seeking adventures and outdoor activities suitable for all community members. The variety of activities is tailored to the unique nature of each targeted city, offering opportunities to explore the enchanting landscapes around Saudi Arabia in a fun, thrilling, and exciting way against a backdrop of stunning natural beauty.

Abdulrahman Abaalkhail, CEO of Dan Company, said: “With a vision to create rich and unforgettable experiences that connect guests to the Kingdom’s stunning natural landscapes, culture, and hospitality, Tuaja Luxury Resorts will introduce brand-new one-of-a-kind hospitality experiences, rooted in sustainability and setting a remarkable precedent in the region’s hospitality industry. Each resort is meticulously designed to offer unique and immersive experiential activities, promising a harmonious blend of luxury, nature, and unforgettable moments for our guests. Through a business model focused on cultural authenticity, sustainability, and community empowerment, we are creating an ecosystem that contributes to the Kingdom’s broader economic and tourism objectives.”

Tuaja’s first three resorts, operated by Hilton, will be in Al-Ahsa, a significant agricultural region in Saudi Arabia’s Eastern Province and UNESCO World Heritage site, which is home to Al-Ahsa Oasis — the largest date palm oasis in the world. With lush surroundings and homegrown farms at its doorstep, the 1.8 million square meter master development will create a premium farm-based tourism destination in the heart of Al-Ahsa.

Tuaja plans to open multiple resorts across different cities in Saudi Arabia by 2030, with each resort being inspired by the culture and heritage of the host city.


Nesma forms JV with MAN Enterprise for Diriyah project

Nesma forms JV with MAN Enterprise for Diriyah project
Updated 30 November 2024
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Nesma forms JV with MAN Enterprise for Diriyah project

Nesma forms JV with MAN Enterprise for Diriyah project

Nesma and Partners, a contracting company in Saudi Arabia, has announced a new joint venture with MAN Enterprise, a globally recognized construction and project management firm. This strategic partnership will drive forward the Diriyah project, a landmark development transforming the Diriyah district into a world-class destination, celebrating the rich history of Saudi Arabia.

The joint venture will strategically optimize resources, enabling the team to self-perform critical structural and finishing activities, significantly reducing reliance on subcontractors. Nesma and Partners, with its expertise in delivering large-scale megaprojects, brings a proven track record of impactful, high-quality projects. Combined with MAN Enterprise’s experience in high-end building construction, familiarity with Diriyah Company and their insights into local regulations and client needs, this collaboration will enhance the JV’s ability to achieve exceptional results.

This collaboration will bring to life critical components of the Diriyah projects, which offer a dynamic mix of entertainment, retail, education, business, and residential spaces, including hotels, dining options, and cultural attractions. This will enrich the Kingdom’s future by enhancing its global appeal and supporting economic growth.

Samer Abdul Samad, president and CEO of Nesma and Partners, said: “This joint venture is more than a partnership; it’s a shared commitment to bringing the Diriyah vision. Together, we will create a destination that not only honors the rich cultural heritage of Diriyah but also aligns with the objectives of the Kingdom’s Vision 2030, contributing significantly to the Kingdom’s transformation and its emerging role on the global stage.”

Diriyah, set to become the Kingdom’s “historic hub,” will showcase more than 300 years of history through a blend of heritage, culture, and modernity. The project will integrate world-class international brands with unique dining experiences and traditional local retail, making it a prime destination for Riyadh’s residents and international visitors alike. The districts of Diriyah will blend modern urbanist ideas with the historic Najdi architectural style, offering luxury hospitality experiences that reflect the rich cultural heritage of Diriyah and Wadi Hanifah. This aligns with the Kingdom’s goals to promote cultural preservation and tourism.

Patrick Abi Nader, CEO of MAN Enterprise, said: “Our partnership with Nesma and Partners embodies our shared commitment to quality and our strategic vision for the success of the Diriyah project. This collaboration unites our expertise, resources, and innovation, ensuring the project is executed to the highest standards and serves as a testament to our shared values.”