Diriyah Co. signs $2bn contract for Wadi Safar 

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RIYADH: Diriyah Co. has signed a $2 billion deal with Urbacon Saudi Co. and Al-Bawani Group to develop the Wadi Safar project, which includes the Royal Diriyah Equestrian and Polo Club and several luxury hotels. “Today is a very important day,” Jerry Inzerillo, Diriyah Co. Group CEO, told Arab News. “It is rare for a development company around the world to sign a $2 billion deal, but this is a huge construction package for Wadi Safar, which will be one of the most beautiful residential developments in the world,” he said.

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