# Hassan Allam-AlBawani JV wins $490M contract for Saudi Arabia Museum of Contemporary Art

A joint venture between Hassan Allam Holding and AlBawani Holding Company was awarded a $490 million contract by Diriyah Company to build the Saudi Arabia Museum of Contemporary Art in Diriyah.

- Type: Contract
- Announced: 2026-04-27
- Where: Diriyah, Saudi Arabia, Saudi Arabia
- Value: $490.0M
- Status: announced
- Products: museum construction

## Companies

- [Hassan Allam Holding](https://endata.com/companies/30598.md)
- [Diriyah Company](https://endata.com/companies/30654.md) (customer)
- [Albawani Company](https://endata.com/companies/80872.md) (partner)

## Sources

- [forbesmiddleeast.com](https://forbesmiddleeast.com/industry/real-estate/hassan-allams-jv-with-albawani-awarded-$490m-contract-for-saudi-arabia-museum-of-contemporary-art), 2026-04-27: "A joint venture between Hassan Allam Holding and AlBawani Holding Company has been awarded a $490 million contract to build the Saudi Arabia Museum of Contemporary Art."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.