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Diriyah Company Boosts Saudi Tourism at Arabian Travel Market
Diriyah Company Boosts Saudi Tourism at Arabian Travel Market

Leaders

time29-04-2025

  • Business
  • Leaders

Diriyah Company Boosts Saudi Tourism at Arabian Travel Market

Diriyah Company is currently taking part at the Arabian Travel Market (ATM) trade show in Dubai to boost Saudi tourism, according to the Saudi Press Agency. Set to run until May 1, the trade show offers Diriyah Company an exclusive opportunity to showcase its project that spans an area of 14 square kilometers, along with various cultural and tourist assets. During the event, the Saudi company has signed a travel trade agreement with Saudi travel brand GoZahid to strengthen Diriyah's position as a prestigious global cultural and tourism destination. The new collaboration will focus on launching heritage campaigns to attract tourists, promoting destination marketing, training tour organizers and hosting specialized workshops. Therefore, this strategic partnership perfectly aligns with Diriyah's objective of welcoming 50 million visits annually by 2030. Diriyah Company Boosts Saudi Tourism at Arabian Travel Market The company has already made bold strides by attracting more than 3 million visits since opening its UNESCO World Heritage site of At-Turaif and Bujairi Terrace dining precinct in December 2022. Through the development of several cultural and tourism projects, Diriyah seeks to become the greatest gathering hub worldwide. Royal Diriyah Opera House The company has recently awarded a SR5.1 billion ($1.4 billion) contract to construct the Royal Diriyah Opera House, according to Arab News. This new contract represents an integral part of a series of contracts that commenced at the beginning of the second quarter of 2025. The series stands as a testament to Diriyah's continuous efforts to develop the historic area on the outskirts of Riyadh. Signed by Diriyah's Group CEO Jerry Inzerillo, the ceremony highlighted the presence of Khaled Al-Hazani, Executive Vice President of the lifestyle sector at the Royal Commission for Riyadh City (RCRC), and representatives of the three companies. 'The Royal Diriyah Opera House will be a defining asset in Diriyah, which reinforces Diriyah's growing global role in shaping Saudi Arabia's artistic and cultural future, in line with the Saudi Vision 2030 goals,' Inzerillo said. Set to be the largest opera in Saudi Arabia, the opera house will feature a 2,000-seat main hall. Managed by the RCRC, the hall will be the centerpiece of this cultural complex, featuring a theater, studio, rooftop amphitheater, and numerous multipurpose halls. With a total seating capacity of 3,100, this hub will reshape the Kingdom's cultural landscape. 'This contract is an important step in our journey toward building a diverse range of assets across the Diriyah development area,' Inzerillo added. He also noted that this iconic architectural landmark will play a critical role in gathering people and offering them unforgettable performances. Related Topics: Diriyah Art Futures Launches New Exhibition for Digital Artists Diriyah Unveils Revolutionary Media & Innovation Hub at MIPIM 2025 MBS Project Revitalizes Al-Oudah Mosque in Diriyah Under Historic Initiative Short link : Post Views: 4

PIF-backed Diriyah awards $1.4bln deal for Royal Diriyah Opera House
PIF-backed Diriyah awards $1.4bln deal for Royal Diriyah Opera House

Zawya

time21-04-2025

  • Business
  • Zawya

PIF-backed Diriyah awards $1.4bln deal for Royal Diriyah Opera House

Riyadh: Diriyah Company, backed by the Saudi Public Investment Fund (PIF), announced a contract award valued at $1.40 billion (SAR 5.10 billion) to develop Royal Diriyah Opera House, according to a press release. The construction agreement was awarded to a joint venture (JV) comprising El Seif Engineering Contracting Company Limited (ESEC), China State Construction Engineering Corporation Limited (CSCEC) and Midmac Construction Company Limited. The Royal Diriyah Opera House will include a 450-seat studio theater, a shaded rooftop amphitheater with 450 seats, and multipurpose halls with a capacity of 3,100 seats. The project will anchor Diriyah's position as the Kingdom's cultural epicentre and a globally competitive destination for the arts. Jerry Inzerillo, Group CEO of Diriyah, said: 'The Royal Diriyah Opera House will be a landmark asset in Diriyah reinforcing Diriyah's growing global role in shaping Saudi Arabia's artistic and cultural future, aligned with Vision 2030.' Khalid Alhazani, Executive Vice President of Riyadh Life Sector, Royal Commission for Riyadh City, added: 'We are excited to have the opportunity to welcome the world's leading operatic and artistic talent in the future and ensure that the Royal Diriyah Opera House can incubate and empower the wonderful range of homegrown talent we have in the Kingdom.' Diriyah is an integrated urban development project that is expected to provide homes for nearly 100,000 residents once completed. It will also secure 178,000 jobs, attract almost 50 million annual visits, and contribute around $18.6 billion (SAR 70 billion) directly to Saudi Arabia's gross domestic product (GDP). Last January, Diriyah awarded Omrania a $113.60 million architecture and design contract.

Diriyah Awards $1.4bn Contract to Develop Royal Opera House
Diriyah Awards $1.4bn Contract to Develop Royal Opera House

Leaders

time18-04-2025

  • Business
  • Leaders

Diriyah Awards $1.4bn Contract to Develop Royal Opera House

The Diriyah Co. has awarded a SR5.1 billion ($1.4 billion) contract to construct the Royal Diriyah Opera House, according to Arab News. The company has awarded the following three companies the contract: El-Seif Engineering Contracting Midmac Contracting Company W.L.L. The China State Construction Engineering Corp This new contract represents an integral part of a series of contracts that commenced at the beginning of the second quarter of 2025. The series stands as a testament to Diriyah's continuous efforts to develop the historic area on the outskirts of Riyadh. Signed by Diriyah's Group CEO Jerry Inzerillo, the ceremony highlighted the presence of Khaled Al-Hazani, Executive Vice President of the lifestyle sector at the Royal Commission for Riyadh City (RCRC), and representatives of the three companies. 'The Royal Diriyah Opera House will be a defining asset in Diriyah, which reinforces Diriyah's growing global role in shaping Saudi Arabia's artistic and cultural future, in line with the Saudi Vision 2030 goals,' Inzerillo said. Set to be the largest opera in Saudi Arabia, the opera house will feature a 2,000-seat main hall. Managed by the RCRC, the hall will be the centerpiece of this cultural complex, featuring a theater, studio, rooftop amphitheater, and numerous multipurpose halls. With a total seating capacity of 3,100, this hub will reshape the Kingdom's cultural landscape. 'This contract is an important step in our journey toward building a diverse range of assets across the Diriyah development area,' Inzerillo added. He also noted that this iconic architectural landmark will play a critical role in gathering people and offering them unforgettable performances. Related Topics: Diriyah Art Futures Launches New Exhibition for Digital Artists MBS Project Revitalizes Al-Oudah Mosque in Diriyah Under Historic Initiative Diriyah Gate Highlights Community Spirit during Eid Al-Fitr Short link : Post Views: 1

Diriyah Company awards $1.4 billion contract for Kingdom's largest opera house
Diriyah Company awards $1.4 billion contract for Kingdom's largest opera house

Saudi Gazette

time18-04-2025

  • Business
  • Saudi Gazette

Diriyah Company awards $1.4 billion contract for Kingdom's largest opera house

Saudi Gazette report RIYADH — Diriyah Company has signed a SR5.1 billion ($1.4 billion) joint venture contract to develop the iconic Royal Diriyah Opera House. The agreement was signed with El Seif Engineering Contracting Co. Ltd. (ESEC), Midmac Construction Co. Ltd., and China State Construction Engineering Corporation Ltd. (CSCEC), the world's largest construction firm. Designed by Norwegian architecture firm Snøhetta Oslo AS, the Royal Diriyah Opera House will be Saudi Arabia's largest performance venue with a 2,000-seat main theatre. The project will also feature a studio theater, a rooftop amphitheater, and multipurpose halls, bringing total capacity to approximately 3,100 seats. The opera house — managed by the Royal Commission for Riyadh City — will serve as Diriyah's premier performing arts center and a cultural landmark, blending contemporary Najdi architecture with sustainability principles such as natural ventilation, water conservation, and thermal efficiency. The development is part of Diriyah Company's dynamic 2025 rollout, which has also seen the launch of the Media and Innovation District and the awarding of a SR426.3 million ($113.6 million) architecture and design contract to Omrania for projects along Diriyah's main avenue. Several international experts have been tapped for the project, including Schlaich Bergermann Partner (structures and facades), Buro Happold and Saudi Diyar (MEP works), Theatre Projects (theatre and acoustics), JLL (cost consultancy), and Plan A (design management). 'The Royal Diriyah Opera House will be a landmark asset at Diriyah that will support Diriyah's growing global role in shaping Saudi Arabia's artistic and cultural future,' said Diriyah Company Group CEO Jerry Inzerillo. 'This architectural masterpiece will bring people together in one of the world's greatest gathering places to experience unforgettable performances.' The opera house is a cornerstone of Diriyah's transformation into a cultural capital. The broader Diriyah project — one of the Public Investment Fund's flagship initiatives — is expected to generate 178,000 jobs, house 100,000 residents, attract 50 million annual visits, and contribute SR70 billion ($18.6 billion) to Saudi GDP.

Royal Diriyah Opera House to Be Developed at USD 1.36 Billion
Royal Diriyah Opera House to Be Developed at USD 1.36 Billion

CairoScene

time18-04-2025

  • Business
  • CairoScene

Royal Diriyah Opera House to Be Developed at USD 1.36 Billion

The landmark venue will feature the largest opera hall in Saudi Arabia and is a key component of Diriyah's transformation. Diriyah Company has awarded a contract for the development of the Royal Diriyah Opera House, a major cultural initiative with an estimated investment of SAR 5.1 billion (approximately USD 1.36 billion). The project marks a milestone in the ongoing development of Diriyah, a UNESCO World Heritage Site being transformed into a global hub for heritage, culture, and the arts in alignment with Saudi Arabia's Vision 2030. Scheduled to become the largest opera venue in the Kingdom, the Royal Opera House will include a 2,000-seat main hall, a theatre, a studio, a rooftop amphitheatre, and a series of multipurpose cultural spaces. Once completed, the total seating capacity across the venue is expected to exceed 3,100. The project's design aims to reflect the architectural heritage of Diriyah while setting new standards for performing arts infrastructure in the region. Three companies have been selected to deliver the project, which was announced at the start of the second quarter of 2025. The development aligns with Diriyah Company's broader strategy to enhance the historic site's global appeal while preserving its cultural and historical significance. Once operational, the Royal Diriyah Opera House is anticipated to attract international performers, foster local talent, and offer a world-class platform for cultural exchange at the heart of Saudi Arabia's growing creative economy.

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