SAUDI billionaire businessman Prince Alwaleed bin Talal Al Saud is moving ahead with plans to build the world’s tallest tower in his country, nearly four years after the project’s inception.
LANGAN International is a key consultant on the Kingdom Tower, providing multiple engineering services – geotechnical, site/civil, traffic, and parking planning – to support what will be the tallest tower in the world.
WORK on a massive expansion of the Grand Mosque in Makkah, Saudi Arabia, is currently under way at a cost of SR80 billion ($21.2 billion), according to local news reports.
Kerzner ‘seeks debt reschedule’ KERZNER International Holdings, the company that built the Atlantis resorts in the Bahamas and Dubai, is in talks with creditors to extend maturities on $2.78 billion of mortgages due this month, according to a report.
GERMAN bathrooms specialist Hansgrohe has reported record figures for sales and earnings in 2010. A leading manufacturer of bathroom fittings and showerheads, Hansgrohe’s 2010 sales grew 13.
SAUDI Arabia’s National Construction Company has been awarded a contract by the International Islamic Relief Organization-Saudi Arabia (IIROSA) to build a 29-storey hotel in Makkah, according to local press reports.
SAUDI Arabian general contractor Global Vision is poised to spread its wings across the Gulf as it looks to tap into the region’s business potential.
CONSTRUCTION contracts worth a total of SR84.2 billion ($22.4 billion) were awarded in Saudi Arabia during the first six months of this year, according to the National Commercial Bank (NCB). The figure marked a 156 per cent increase over to the same period in 2010 where the value was SR33 billion ($8.79 billion).
QATAR is building 82 mosques at a cost of QR373 million ($102.4 million), under the Awqaf and Islamic Affairs Ministry’s 2010-2011 budget for the construction and renovation of mosques in the country.
HARALD Hartung has been appointed the new managing director of Doka Muscat following the retirement of Geir Jensen, who spent 25 years in the formwork business and the last 12 years as managing director of Doka subsidiaries in the Middle East.
WORK has kicked off on a new $20-billion petrochemical plant being built at the Saudi port of Jubail as the world’s largest crude-oil exporter tries to diversify its economy. The plant is being built under a joint venture between Dow Chemical and state oil giant Saudi Aramco.
THE Qatari sovereign wealth fund’s property investment arm Qatari Diar and France’s Vinci have won deal worth €374 million ($537 million) as part of a Light Rail Transit System project in the new city of Lusail, near Doha.
FIBRE-OPTIC cabling from a European manufacturer is being used to build a state-of-the-art control system for Saudi Arabia’s ambitious North-South Railway, which is being built at a cost of $2.8 billion and will be more than 2,000 km long when complete.
MAKKAH Municipality is to develop a new urban rail transit system for the Saudi holy city and is expected to invite expressions of interest for the project shortly. The Makkah Mass Rail Transit (MMRT) project will involve the construction of four rail lines – A, B , C and D – in stages.
A SEMI-SUBMERGED resort designed by Italy’s Giancarlo Zema Design Group is to be built in Qatar at a cost of $500 million, according to regional and international news reports. However, the reports did not mention the name of the developer or when construction would commence.
AIRPORT operator TAV Airports said it has won the tender to expand and operate Prince Muhammad International Airport in the holy city of Madinah in Saudi Arabia for the next 25 years.
DUPONT has been holding a series of seminars and workshops across Saudi Arabia to boost awareness of its construction solutions which are said to enhance building systems performance, reduce operating costs and energy consumption while establishing safe and eco-friendly environments.
P MEINHARDT Group, an engineering, infrastructure and project management consultancy, has started a brand integration initiative as Meinhardt Facade Technology (MFT) migrates under the parent name.
THE Lulu Group has commenced work on Oman’s largest shopping mall. “Construction work on the biggest mall in Oman has already started, next to Lulu in Bausher.
