Big Bucks Pour into Riyadh: $3 Billion Mega District Coming to King Salman Park!

Riyadh just leveled up big time. At MIPIM 2026, the King Salman Park Foundation dropped a bombshell announcement. They awarded Package 5 to a powerhouse consortium led by Kolaghassi Development Company. This massive residential-led mixed-use district will rise right next to the King Salman Park metro station. International cash flows in strong, showing serious global hype for Saudi Arabia's urban game-changer.

The project packs serious punch. It spans over 1 million square meters of built-up area. Developers aim for more than 3,700 residential units, a top-tier K-12 school, around 300 hotel keys, plus over 100,000 square meters of Grade A office space. Retail and dining spots will keep things buzzing. Everything targets LEED and WELL Gold sustainability standards. The total value tops SAR 11 billion (about USD 3 billion). A CMA-regulated fund from Mulkia Investment Company fuels it, blending Saudi and international investors. The Foundation supplies the land while private partners and local banks bring the muscle.

Why This Deal Screams Future-Proof Vibes

This isn't just another build. It highlights exploding confidence in King Salman Park as a global hotspot. Partners like Al Othaim Investment and RXR bring world-class expertise in huge mixed-use projects. Metro connectivity ties the district seamlessly into Riyadh's transport network. Meanwhile, the park pushes hard on delivery—93% of construction packages already awarded. Momentum builds fast as infrastructure ramps up.

George Tanasijevich, CEO of the Foundation, nailed it: this milestone proves rock-solid fundamentals and draws top talent to elevate Riyadh's global status. Ali Kolaghassi from the lead developer called it a long-term play embedding international know-how into the Kingdom's urban evolution. Sultan Al Hudaithi of Mulkia added that the vision, master plan, and Riyadh's fundamentals make this a killer long-term value creator.

King Salman Park keeps stacking wins. With over SAR 20 billion committed across packages, Riyadh transforms into a greener, smarter, more connected city. Exciting times ahead!

KEC International Powers Up: Massive Rs 1,476 Crore T&D Wins Light Up Global Grids!

Hey folks, big news dropped from KEC International – the RPG Group powerhouse just grabbed fresh Transmission & Distribution orders worth **Rs. 1,476 crores**. They nailed deals across India, the Middle East, Africa, and the Americas. This haul seriously juices their international presence.

The star here shines bright in Saudi Arabia. KEC International wins New T&D Orders of Rs. 1,476 crores, and tops it off by securing its **largest composite T&D order** ever in the kingdom. Picture this: massive 380 kV transmission lines, full substations, plus EHV cabling all bundled together. Even with geopolitical tensions buzzing, Saudi keeps investing heavily in power infrastructure. KEC snagged this beast anyway – talk about resilience paying off!

Meanwhile, Africa shows signs of comeback. KEC locked in 132 kV transmission lines there, hinting the T&D market finally stirs after a slow stretch. Additionally, they supply towers in India and the Americas, plus hardware and poles in the Americas. These add solid volume to the mix.

Vimal Kejriwal, MD & CEO, nailed it: “We feel pumped about these T&D wins across geographies. The Saudi composite order proves Middle East investments roll on strong. Africa picks up speed too. These boost our international order book big time.” With this, year-to-date intake hits around **Rs. 22,800 crore** – impressive momentum!

KEC keeps flexing globally in the power game. These orders fuel growth and show trust in their EPC expertise. Exciting times ahead for infrastructure fans!

STARTRADER App Just Leveled Up: Turbo-Charged Charts & One-Tap Wins in DUBAI, UAE

Hey traders, buckle up because STARTRADER App dropped some seriously juicy updates that make mobile trading feel snappier and way more personalized.

One-Tap Magic Hits the Charts 

STARTRADER now lets you slam Buy or Sell orders straight from the K-line chart with one glorious tap. You see the current lot size right there—no digging through menus. Plus, smart safety checks kick in to validate everything: lot size, max positions, margin requirements. No more accidental chaos. This speeds up execution big time, especially when markets move fast. Traders finally get that seamless flow they crave on mobile.

Customization Overload for Your Perfect Setup

Forget boring default charts. STARTRADER opens the doors wide for tweaks. Adjust chart height, switch candlestick styles, mess with indicators, change crosshair looks—whatever vibes with your analysis style. These options cut visual clutter and boost focus during intense sessions. Better personalization means sharper technical reads and less frustration. The app basically molds itself to how you trade.

Performance got a serious glow-up too. Smoother animations, faster loading, rock-solid stability on both iOS and Android. Indicator math runs quicker, bid/ask prices sync perfectly with candles, and every tap feels crisp. STARTRADER keeps pushing the envelope while staying reliable.

As CEO Peter Karsten puts it: innovation always serves the trader first.

Bottom line: these DUBAI, UAE-based upgrades make STARTRADER App a stronger beast for fast markets. Grab the update and trade smarter.