Al-Elegancia Arabia secures 829M Riyals contract

Elegancia Arab Trading Company, a subsidiary of Qatar Investment Group, has won a contract valued at 829 million Saudi Riyals to execute the mechanical package at Prince Mohammed bin Salman Stadium in Qiddiya, Saudi Arabia. The stadium is equipped to host matches for the 2034 World Cup. The contract includes the installation of heating, cooling, and building management systems. Completion is scheduled between September 2023 and May 2030, involving around 3,000 employees. This achievement is a recognition of the company's ability to execute complex engineering projects and reflects support for Saudi Arabia's Vision 2030 and its expanding presence in large-scale projects.