The agreement with Saudi Binladin Group was sealed by Jeddah Economic Company (a subsidiary of KHC) at a key ceremony held last month.
On completion, the building is set to soar 1,000 m into the sky, making it the world's tallest skyscraper, beating the current record holder, the 828-m-tall Dubai's Burj Khalifa.
This story is from the November 2024 edition of Gulf Construction.
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This story is from the November 2024 edition of Gulf Construction.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
How World Cup can win sustainability goals
The 2022 Qatar World Cup was the most successful FIFA World Cup to date, with five billion TV viewers and 1.2 million in-person attendees. Sustainability was a key focus, says DR VALENTINA DEDI, Lead Economic Advisor at KBR, as she examines football's decarbonisation efforts and how such major events can drive change, especially as Saudi Arabia prepares to host the 2034 World Cup.
Bobcat packs advanced features in its minis
BAUMA 2025 will host the world premiere of Bobcat's new, groundbreaking one- to two-tonne mini-excavators and the latest upgrade of the E88 mini-excavator, the top-of-the-range model in Europe.
L&T unit lands $1.2bn Mideast steel project
INDIA'S top engineering and construc-tion conglomerate Larsen & Toubro (L&T) has announced that its Minerals & Metals business vertical has been awarded a contract to set up a pellet plant and a Direct Reduction of Iron (DRI) plant for a leading steel producer in the Middle East and North Africa (Mena) region.
Tadano focuses on reaching new heights'
Tadano, a leading Japanese manufacturer of cranes and aerial work platforms, will put the spotlight on its full global portfolio for the first time at bauma, the world's leading trade fair for construction machinery which will be held in the German city of Munich from April 7 to 13.
DHRE creating premier waterfront communities
A WIDE choice of luxury homes – many of which boast waterfront lifestyles – are currently taking shape across unique and highly sought-after locations in Dubai under the banner of Dubai Holding Real Estate (DHRE), one of the largest integrated master developers in the emirate.
WCA seeks impactful industry action
Recognising the severity of the climate challenge and particularly the cement industry's role in global warming, the World Cement Association (WCA) has called for transformative change so that the sector remains profitable and environmentally responsible.
Miellat set to expand capacity, footprint
Abu Dhabi-based Miellat Industries has announced a bold move to triple its production capacity by next year. This key enabling strategy will fuel its aggressive global expansion within regional markets as well as in Europe, Africa, and Asia.
Turkey's Proyapi wins Kuwait rail design contract
KUWAIT'S Central Agency for Public Tenders (CAPT) has awarded the contract for conducting a study and detailed design for the first phase of the 111-km Kuwait-Saudi railway project to Turkish engineering and consulting company Proyapi, reported Kuwait News Agency (Kuna).
Putzmeister wins largest single order for Neom
PUTZMEISTER Group, a leading manufacturer of construction and mining machinery, marked a milestone in its history recently when it secured the company’s largest single order to date for Saudi Arabia’s ambitious Neom Project.
'ISLANDS IN THE SKY'WELLNESS OASIS
DUBAI last month unveiled plans for a groundbreaking project that is set to become the Middle East's first-of-its-kind wellbeing resort and interactive park that redefines urban wellness and leisure in the region. To be developed in collaboration with Therme Group, which is renowned for its internationally acclaimed wellbeing resorts, Therme Dubai promises an “Islands in the Sky” experience, seamlessly integrating nature, culture, and cutting-edge technology.
