News tagged "Articles"

Tall, Taller, Tallest - The GCC's Upcoming Tall Towers

Tall, Taller, Tallest - The GCC's Upcoming Tall Towers

4th April 2017

Dubai  Creek the Tower_large With UAE already having the world’s tallest tower, the Burj Khalifa and KSA having the Jeddah Kingdom Tower, currently under construction and expected to be taller than the Burj Khalifa, the region is set to witness an influx of tall towers in the near future.

The Tower in Dubai Creek Harbour once completed will be even taller than The Kingdom Tower and will then seize the crown for the world’s tallest tower.[..]

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Saudi Arabia Vision 2030:  Setting the Stage for Greater Economic Fortune & Away from Oil

Saudi Arabia Vision 2030: Setting the Stage for Greater Economic Fortune & Away from Oil

13th May 2016

With almost three-quarters of the government’s budget originating from oil revenues, the slump in prices poses a threat to the Saudi monarchy. Saudi Deputy Crown Prince Mohammed Bin Salman deserves applause for his efforts in introducing sweeping reforms through the Saudi Vision 2030 and The National Transformation Plan (NTP) 2020 at the right opportune time. The NTP will majorly focus on restructuring various government agencies to deliver on the Vision 2030 and other national priorities.[..]

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A glimpse on the rise of mega projects

A glimpse on the rise of mega projects

18th December 2015

The Mohammad Bin Rashid (MBR) City, a ten-year, multibillion-dirham project, is one of the most expensive projects under construction in the region. The mixed use project is set to become home to Mall of the World, the world's largest retail destination, and a family leisure entertainment complex that is being built in partnership with Universal Studios. Mega projects such as this are creating enormous opportunities for contractors, sub-contractors, suppliers, and manufacturers in the Middle East. The Ventures Onsite report, GCC Major Building Projects, outlines the top 30 projects set for construction in the region over the next two decades, noting that a third of these major developments are yet to appoint a main contractor.[..]

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