Seven - Al Khobar Entertainment Complex

General Information
Owner Saudi Entertainment Ventures
Masterplan Project (Parent Profile) Saudi Entertainment – New Entertainment Complexes – Saudi Arabia
Location Khobar, Eastern Province, Saudi Arabia
Status --
Sector Construction, Leisure, Theme Park
Contract Type Build
Onshore/Offshore Onshore
Greenfield/Brownfield Greenfield
Progress 54
Estimated Budget Value ---
Contract Value 650
Net Value $650m
Award Date October 2023
Completion Date May 2027
Last Updated On September 2025
ProjectId (Old, New) 336983, 336983


Saudi Entertainment Ventures Company (Seven) is planning to develop an entertainment complex in Al Khobar, Saudi Arabia. It is planned to be built on reclaimed land on the Al Khobar waterfront with a water park covering an area of about 300,000 square meters in the Al Bahar Area, North of the city.

The complex is also known as "The Waves".

The US$650 million project includes the following:

1. Construction of entertainment complex with open spaces for walking (300,000m2)

2. Construction of a large leisure club

3. Construction of restaurants

4. Construction of international shops

5. Construction of huge amusement parks

6. Construction of live entertainment facilities

7. Construction of parking facilities

8. Associated facilities

Second Section

02 September 2025

The construction works of entertainment complex have been completed up to 70 per cent on the project.

22 June 2025

Mahmood Saeed Steel Industries Company has signed a contract agreement with Saudi Binladin Group for the design, value engineering, fabrication and installation of steel structure works for the project.

04 June 2025

The Arab Center for Engineering Studies is carrying out the soil testing works for the project.

13 March 2025

The construction works are ongoing on the project.

12 November 2024

The in-house division of Saudi Binladin Group is working as the MEP subcontractor for the project.

27 October 2024

The construction works are still ongoing on the project.

01 July 2024

As per the site visit on June 8th, 2024, The structural works are progressing on the project.

21 March 2024

The construction works are progressing on the project.

03 December 2023

Shoring secant piles are completed by Delta Foundations and Hexagon Contracting has completed the infrastructure works on the temporary site offices of the project.

13 November 2023

Arab Center for Engineering Studies (ACES) has completed the geotechnical and geophysical studies on the project.

04 October 2023

Saudi Binladin Group has been appointed as the main contractor on the project. (Source: MEED)

07 September 2023

The main contract bids are under evaluation.

07 June 2023

The main contract bids are under evaluation. UrbaCon Trading & Contracting and a JV of Al Kifah with CCC amongst others have submitted the bids on ECI basis.

17 April 2023

The commercial bids have been submitted on the project.

30 March 2023

The technical bid submission has been done on March 30, 2023 and the commercial bid submission is on April 10, 2023.

20 March 2023

The main contract bid submission date has been extended from March 16, 2023 to March 30, 2023.

21 February 2023

The main contract tender has been issued and the bid submission date is on March 16, 2023.

03 January 2023

Design works are completed and the main contract tender is yet to be issued.

03 October 2022

Schematic designs are ongoing on the project.

31 July 2022

The project is under design stage and Atkins is carrying out the designs, concept designs are done by 10 Design.

11 May 2022

The detail designs are ongoing on the project.

22 November 2021

Design works are ongoing on the project.

28 October 2021

Mace International is working as the PMC and there is no news regarding the main contract tender.

26 July 2021

The project is in conceptual design stage and there is no news regarding the main contract tender.

14 April 2021

The main contract tender is expected to be issued by December 2021.

27 December 2020

The project is in the initial stages of development.