Qatari firm wins $221m Qiddiya stadium MEP deal

09 September 2026
Mohammed Bin Salman Stadium is one of the venues for the kingdom’s 2034 Fifa World Cup bid

 

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Elegancia Arabia, the local subsidiary of Qatari contractor Elegancia MEP, which is part of Estithmar Holding, has won a SR829m ($221m) mechanical package contract for the Prince Mohammed Bin Salman Stadium in Qiddiya, Saudi Arabia.

The contract covers full mechanical, electrical and plumbing (MEP) works for the stadium, and is Elegancia Arabia's largest award in Saudi Arabia to date.

The 45,000-seat stadium will feature a fully combined retractable pitch, roof and LED wall.

The stadium’s main construction works are being undertaken by a joint venture of Spanish firm FCC Construction and local firm Nesma & Partners.

Saudi gigaproject developer Qiddiya Investment Company awarded an estimated SR15bn ($4bn) deal to build the stadium in October 2024, as MEED exclusively reported.

The contract covered the construction of a multipurpose stadium on top of the 200-metre-high Tuwaiq cliff in the new sports and entertainment district of Qiddiya City.

The stadium will seat about 47,000 spectators.

Once completed, the stadium will be the home ground for Saudi Pro League football clubs Al-Nassr and Al-Hilal.

US-based architect Populous is the project consultant.

The stadium is one of the venues for the kingdom’s 2034 Fifa World Cup bid and will host events such as the Saudi King Cup, the Asian Cup and the 2034 Asian Games.

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