Diriyah Company Awards $2.13 Billion Contract for Wadi Safar Development

Four luxury hotels and Royal Equestrian & Polo Club set to enhance Diriyah’s world-class offerings.

Diriyah Company has awarded a $2.13 billion (SAR 8 billion) joint venture contract to Urbacon Saudi Co. and Al Bawani Co. Ltd. to develop four luxury hotels and the prestigious Royal Diriyah Equestrian & Polo Club as part of the Wadi Safar masterplan. Construction is set to begin soon, marking a key milestone in the region’s transformation.

The luxury hotels, including Aman, Six Senses, The Chedi, and Faena, will deliver exceptional experiences to visitors from Saudi Arabia and beyond. The Royal Diriyah Equestrian & Polo Club will further enhance the area’s offerings by creating a premier center for equestrian excellence, celebrating Saudi Arabia’s rich equine heritage.

Wadi Safar to become a luxury destination for global visitors.

Diriyah Company’s Group CEO, Jerry Inzerillo, emphasized the importance of this contract, noting that it represents the largest project awarded by the company to date. “This partnership accelerates our plans for Wadi Safar, contributing to our vision of offering world-class luxury and cultural experiences,” Inzerillo said.

Diriyah Company sets the standard for world-class cultural and luxury tourism.

The Wadi Safar masterplan also includes a championship golf course designed by Greg Norman, adding to the region’s luxury and leisure offerings. Urbacon Saudi Co. and Al Bawani Co. Ltd expressed their pride in being part of this landmark project, highlighting the global significance of the Wadi Safar development.