Kluwer: Countdown to RIDW25: Price Escalation Under Saudi Law

Published on February 18, 2025

By Nick Oury (Herbert Smith Freehills LLP), Joza AlRasheed (Herbert Smith Freehills LLP) and Jason Han (Herbert Smith Freehills LLP)

The Kingdom of Saudi Arabia (“KSA”) is witnessing a significant surge in construction activity, from leading giga projects (such as NEOM and the Red Sea Project) to being selected as the host of the FIFA World Cup 2034 and Expo 2030. The KSA is now at the forefront of the region in this industry and...