Futuristic Neom megacity is part of the kingdom’s efforts to diversify its national economy away from oil
GCC Mega Projects
Latest in GCC Mega Projects
Dubai tourism
Tourism in the Gulf: Ready for takeoff
Exploring the upcoming developments and initiatives set to make the Gulf an international tourism hub in 2023 and beyond
Etihad Rail
Why megaprojects are vital for the future of UAE, Saudi Arabia
Megaprojects grab headlines, but there’s a real long-term economic benefit too
building and construction sectors
Video: Back in Business: Middle East’s construction sector
Qiddiya CEO, Michael Reininger, says there is a significant degree of uncertainty in the construction industry amid the ongoing impact that Covid-19 is having on the Saudi economy
Dubai construction sector
Video: Inside Dubai’s $5bn Heart of Europe project
Considering the project did rely on Expo 2020 for their foreign traction, how does THOE feel about its postponement? How has Covid-19 impacted this mega project? How is the project braving the challenges of an oversaturated and over supplied real estate market of the UAE?
GCC Mega Projects
Mega project launches expected to boost Riyadh property market
JLL says large scale announcements aimed at stimulating economic growth are expected to boost sentiment in Riyadh real estate sector
GCC Mega Projects
Jeddah firm in talks to raise $3.73bn Kingdom City funds
Jeddah Economic Co discusses fundraising with Saudi banks for project which will include 1km tall Kingdom Tower
GCC Mega Projects
Construction on Jeddah’s Kingdom Tower to start next week
Once finished, the $1bn Kingdom Tower in Jeddah will stand 1km high, higher than Dubai’s Burj Khalifa
GCC Mega Projects
Qatar said to issue new tender for Doha Metro phase 1
Sources say tender is for rolling stock, systems, depot facilities, trackwork of major transport project
GCC Mega Projects
Doha Metro awards $700m contract for Red Line
Consortium comprising firms from Qatar, Greece and Turkey wins deal for major transport project
GCC Mega Projects
Dubai’s DEWA starts work on substation to power MBR City
State utility says 400kv substation will provide power to Mohammed bin Rashid City mega project
GCC Mega Projects
UK’s Waitrose signs up to Damac’s Dubai mega project
Upmarket retailer unveiled as the anchor tenant at the Akoya by Damac Retail Centre
GCC Mega Projects
Al Ain set to open new 25,000 sports stadium
Hazza bin Zayed Stadium is one of first in world to feature ‘moving umbrella’ to protect spectators from sun
GCC Mega Projects
Kingdom Tower developer names new CEO
Mounib Hammod joins Jeddah Economic Co, the firm behind plans to build world’s tallest building
GCC Mega Projects
Dubai’s Damac says Akoya project to expand by 33%
Developer launches sales of new Akoya Park phase which will add 14m sq ft to huge project
GCC Mega Projects
UK joint venture signs $43m Kingdom Tower deal
JV between Mace and EC Harris signs project management contract on planned 1km skyscraper
Cityscape 2013
Dubai’s DAMAC launches Riyadh Paramount tower
Hollywood-branded project in country where cinema is banned follows successful Dubai launch