{"id":852138,"date":"2025-05-19T06:58:01","date_gmt":"2025-05-19T10:58:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/aecom-to-oversee-transformation-of-the-iconic-king-fahd-international-stadium\/"},"modified":"2025-05-19T06:58:01","modified_gmt":"2025-05-19T10:58:01","slug":"aecom-to-oversee-transformation-of-the-iconic-king-fahd-international-stadium","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/aecom-to-oversee-transformation-of-the-iconic-king-fahd-international-stadium\/","title":{"rendered":"AECOM to oversee transformation of the iconic King Fahd International Stadium"},"content":{"rendered":"

<\/p>\n

AECOM to oversee transformation of the iconic King Fahd International Stadium<\/b><\/p>\n

In collaboration with the Saudi Ministry of Sport, this iconic project will further advance the Kingdom\u2019s sporting ambitions ahead of the AFC Asian Cup 2027 and 2034 FIFA World Cup<\/i><\/b><\/p>\n

DALLAS–(BUSINESS WIRE<\/a>)–
\nAECOM (NYSE: ACM), the trusted global infrastructure leader, today announced its continued collaboration with the Saudi Ministry of Sport for site supervision consultancy services at the iconic King Fahd Sport City in Riyadh. This partnership comes as Saudi Arabia prepares to host two major international tournaments: the AFC Asian Cup 2027 and the 2034 FIFA World Cup\u2122. AECOM will oversee the transformation of the stadium into a premier venue.\n<\/p>\n

\n\u201cAs Saudi Arabia accelerates towards the Kingdom\u2019s Vision 2030, we\u2019re proud to deepen our collaboration with the Ministry of Sport on this iconic project,\u201d said Lara Poloni, AECOM\u2019s president. \u201cAround the world, strategic investments in infrastructure are driving growth and resilience, and this transformation reflects how sport can be a powerful catalyst for creating opportunity and improving communities.\u201d\n<\/p>\n

\nKnown as the \u201cPearl of Stadiums,\u201d the stadium has been a cornerstone of Saudi Arabia\u2019s sports culture since its opening in 1987. Drawing from its extensive global experience in sports infrastructure, AECOM will guide the enhancement to meet FIFA\u2019s rigorous standards, ensuring the stadium\u2019s readiness for prestigious international events. These upgrades will further solidify its position as a premier sports venue, aligned with the Kingdom\u2019s growing sports ambitions and the broader goals of Kingdom\u2019s Vision 2030, which is harnessing sports to drive economic growth, enhance quality of life, and strengthen communities.\n<\/p>\n

\n\u201cOur collaboration with the Ministry of Sport highlights AECOM\u2019s commitment to delivering world-class infrastructure,\u201d said Hamed Zaghw, chief executive of AECOM\u2019s Middle East and Africa region. \u201cBy leveraging our expertise from major international events like the 2022 Qatar World Cup\u2122, the 2012 global sporting event in London and 2010 FIFA World Cup South Africa\u2122, combined with AECOM Hunt\u2019s construction management experience on some of the world\u2019s most renowned sports facilities, we are proud to contribute to transforming the King Fahd Sports City into a global benchmark.\u201d\n<\/p>\n

\nAECOM Hunt will serve as a key consulting partner in the stadium\u2019s transformation and brings extensive expertise managing the construction of sports and entertainment venues across the United States, including the Intuit Dome, Lucas Oil Stadium, Mercedes Benz Stadium and SoFi Stadium. With over 140 stadium projects in their portfolio, AECOM Hunt will provide unique insights to support a successful delivery of this landmark stadium.\n<\/p>\n

About AECOM<\/b><\/p>\n

\nAECOM (NYSE: ACM) is the global infrastructure leader, committed to delivering a better world. As a trusted professional services firm powered by deep technical abilities, we solve our clients\u2019 complex challenges in water, environment, energy, transportation and buildings. Our teams\u2019 partner with public- and private-sector clients to create innovative, sustainable and resilient solutions throughout the project lifecycle \u2013 from advisory, planning, design and engineering to program and construction management. AECOM is a Fortune 500<\/i> firm that had revenue of $16.1 billion in fiscal year 2024. Learn more at aecom.com<\/a>.\n<\/p>\n

Forward-Looking Statements<\/b><\/p>\n

All statements in this communication other than statements of historical fact are \u201cforward-looking statements\u201d for purposes of federal and state securities laws, including any statements of the plans, strategies and objectives for future operations, profitability, strategic value creation, capital allocation strategy including stock repurchases, risk profile and investment strategies, and any statements regarding future economic conditions or performance, and the expected financial and operational results of AECOM. Although we believe that the expectations reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results, performance and achievements, or industry results to differ materially from estimates or projections contained in our forward-looking statements include, but are not limited to, the following: our business is cyclical and vulnerable to economic downturns and client spending reductions; potential government shutdowns, changes in administration or other funding directives and circumstances that may cause governmental agencies to modify, curtail or terminate our contracts; losses under fixed-price contracts; limited control over operations that run through our joint venture entities; liability for misconduct by our employees or consultants; changes in government laws, regulations and policies, including failure to comply with laws or regulations applicable to our business; maintaining adequate surety and financial capacity; potential high leverage and inability to service our debt and guarantees; ability to continue payment of dividends; exposure to political and economic risks in different countries, including tariffs and trade policies, geopolitical events, and conflicts; inflation, currency exchange rates and interest rate fluctuations; changes in capital markets and stock market volatility; retaining and recruiting key technical and management personnel; legal claims and litigation; inadequate insurance coverage; environmental law compliance and adequate nuclear indemnification; unexpected adjustments and cancellations related to our backlog; partners and third parties who may fail to satisfy their legal obligations; managing pension costs; AECOM Capital real estate development projects; cybersecurity issues, IT outages and data privacy; risks associated with the benefits and costs of the sale of our Management Services and self-perform at-risk civil infrastructure, power construction and oil and gas businesses, including the risk that any purchase adjustments from those transactions could be unfavorable and result in any future proceeds owed to us as part of the transactions could be lower than we expect; as well as other additional risks and factors that could cause actual results to differ materially from our forward-looking statements set forth in our reports filed with the Securities and Exchange Commission. Any forward-looking statements are made as of the date hereof. We do not intend, and undertake no obligation, to update any forward-looking statement.<\/i><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250519178365\/en\/<\/a><\/span><\/p>\n

Media Contact:
\n<\/b>
Brendan Ranson-Walsh
\n
Senior Vice President, Global Communications
\n
213.996.2367
\n
Brendan.Ranson-Walsh@aecom.com<\/a><\/p>\n

Media Contact:
\n<\/b>
Will Gabrielski
\n
Senior Vice President, Finance, Treasurer
\n
213.593.8208
\n
William.Gabrielski@aecom.com<\/a><\/p>\n

KEYWORDS:<\/b> North America United States Saudi Arabia Middle East Canada Texas<\/p>\n

INDUSTRY KEYWORDS:<\/b> Sports General Sports Commercial Building & Real Estate Urban Planning Construction & Property Transport Utilities Logistics\/Supply Chain Management Environment Energy Other Construction & Property<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

AECOM to oversee transformation of the iconic King Fahd International Stadium In collaboration with the Saudi Ministry of Sport, this iconic project will further advance the Kingdom\u2019s sporting ambitions ahead of the AFC Asian Cup 2027 and 2034 FIFA World Cup DALLAS–(BUSINESS WIRE)– AECOM (NYSE: ACM), the trusted global infrastructure leader, today announced its continued collaboration with the Saudi Ministry of Sport for site supervision consultancy services at the iconic King Fahd Sport City in Riyadh. This partnership comes as Saudi Arabia prepares to host two major international tournaments: the AFC Asian Cup 2027 and the 2034 FIFA World Cup\u2122. AECOM will oversee the transformation of the stadium into a premier venue. \u201cAs Saudi Arabia accelerates towards the Kingdom\u2019s Vision … <\/p>\n

Continue reading “AECOM to oversee transformation of the iconic King Fahd International Stadium”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-852138","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAECOM to oversee transformation of the iconic King Fahd International Stadium - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/aecom-to-oversee-transformation-of-the-iconic-king-fahd-international-stadium\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AECOM to oversee transformation of the iconic King Fahd International Stadium - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"AECOM to oversee transformation of the iconic King Fahd International Stadium In collaboration with the Saudi Ministry of Sport, this iconic project will further advance the Kingdom\u2019s sporting ambitions ahead of the AFC Asian Cup 2027 and 2034 FIFA World Cup DALLAS–(BUSINESS WIRE)– AECOM (NYSE: ACM), the trusted global infrastructure leader, today announced its continued collaboration with the Saudi Ministry of Sport for site supervision consultancy services at the iconic King Fahd Sport City in Riyadh. This partnership comes as Saudi Arabia prepares to host two major international tournaments: the AFC Asian Cup 2027 and the 2034 FIFA World Cup\u2122. 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