Jeddah Economic City
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Jeddah Economic City
Jeddah Economic City, previously known as Kingdom City, is a project approved for construction in Jeddah, Saudi Arabia. The project is designed by the Kingdom Holding Company, a firm owned by Prince Al-Waleed bin Talal. Jeddah Economic City will host both commercial and residential development including homes, hotels, and offices. The centerpiece of the development will be Jeddah Tower Jeddah Tower ( ar, برج جدة), previously known as Kingdom Tower (), is a skyscraper construction project currently on hold. Located on the north side of Jeddah, Saudi Arabia, it is planned to be the first tall building, and the centrep ..., planned to be the tallest building in the world upon its completion. The entire project is estimated to cost $20 billion ( SR75 billion). References 2016 establishments in Saudi Arabia Economy of Jeddah Geography of Jeddah Proposed infrastructure in Saudi Arabia Special economic zones Planned communities in Saudi Arabia {{Saudi ...
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Jeddah
Jeddah ( ), also spelled Jedda, Jiddah or Jidda ( ; ar, , Jidda, ), is a city in the Hejaz region of the Kingdom of Saudi Arabia (KSA) and the country's commercial center. Established in the 6th century BC as a fishing village, Jeddah's prominence grew in 647 when the Caliph Osman made it a major port for Indian Ocean trade routes, channelling goods to Mecca, and to serve Muslim travelers for Islamic pilgrimage. Since those times, Jeddah has served as the gateway for millions of pilgrims who have arrived in Saudi Arabia, traditionally by sea and recently by air. With a population of about 4,697,000 people as of 2021, Jeddah is the largest city in Makkah Province, the largest city in Hejaz, the second-largest city in the Saudi Arabia (after the capital Riyadh), and the ninth-largest in the Middle East. It also serves as the administrative centre of the OIC. Jeddah Islamic Port, on the Red Sea, is the thirty-sixth largest seaport in the world and the second-largest and s ...
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HOK Architects
HOK, formerly Hellmuth, Obata + Kassabaum and legally HOK Group, Inc., is an American design, architecture, engineering, and urban planning firm, founded in 1955. As of 2018, HOK is the largest U.S.-based architecture-engineering firm and the fourth-largest interior design firm. The firm maintains more than 1,600 professional staff across a network of 24 offices, and is active in all major architectural specialties. History Founding HOK was established in St. Louis, Missouri, in 1955. The firm's name is derived from the surnames of its three founding partners: George F. Hellmuth, Gyo Obata and George Kassabaum, all graduates of the School of Architecture at Washington University in St. Louis. The design firm started with 26 employees and its three founders. The practice's first building designs were schools in St. Louis suburbs, and St. Thomas Aquinas High School in Florissant was the first private/parochial school designed by the firm. Another prominent sc ...
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Al-Waleed Bin Talal
Al Waleed bin Talal Al Saud ( ar, الوليد بن طلال آل سعود; born 7 March 1955) is a Saudi Arabian billionaire businessman, investor, philanthropist and royal. He was listed on ''Time'' magazine's Time 100, an annual list of the hundred most influential people in the world, in 2008. Al Waleed is a grandson of Abdulaziz, the first king of Saudi Arabia, and of Riad Al Solh, Lebanon's first prime minister. Al Waleed is the founder, chief executive officer and 95 percent owner of the Kingdom Holding Company, a company with investments in companies in the financial services, tourism and hospitality, mass media, entertainment, retail, agriculture, petrochemicals, aviation, technology, and real-estate sectors. In 2013, the company had a market capitalization of over $18 billion. He is a minor shareholder in Zaveriwala Holdings LLC, and owns Paris' Four Seasons Hotel George V and part of New York's Plaza Hotel. ''Time'' has called him the "Arabian Warren Buffett". ...
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Kingdom Holding Company
The Kingdom Holding Company (KHC) ( ar, شركة المملكة القابضة) is a Saudi conglomerate holding company, based in Riyadh. The KHC is a publicly listed company on the Tadawul (Saudi stock exchange). The KHC consists of a select team of experienced investment specialists directed by its founder and chairman, Prince Al-Waleed bin Talal and chief executive officer, Eng. Talal Ibrahim Al Maiman. The company describes itself as a diversified investment company, whose main interests are financial services, real estate, tourism and hospitality, media, entertainment, petrochemicals, aviation and technology. Present investments Present investments include: * Four Seasons Hotels & Resorts (Canada-based) (owns 23.75% with Cascade Investment, LLC, and others) * Fairmont Raffles Swissotel (minority ownership with Accor) * Hotel George V (100%) (France) * KADCO Egypt (100%) (Egypt) * Kingdom Hospital-Consulting Clinics (100%) (Saudi Arabia) * Kingdom Hotels Investmen ...
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Saudi Arabia
Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in Western Asia. It covers the bulk of the Arabian Peninsula, and has a land area of about , making it the fifth-largest country in Asia, the second-largest in the Arab world, and the largest in Western Asia and the Middle East. It is bordered by the Red Sea to the west; Jordan, Iraq, and Kuwait to the north; the Persian Gulf, Qatar and the United Arab Emirates to the east; Oman to the southeast; and Yemen to the south. Bahrain is an island country off the east coast. The Gulf of Aqaba in the northwest separates Saudi Arabia from Egypt. Saudi Arabia is the only country with a coastline along both the Red Sea and the Persian Gulf, and most of its terrain consists of arid desert, lowland, steppe, and mountains. Its capital and largest city is Riyadh. The country is home to Mecca and Medina, the two holiest cities in Islam. Pre-Islamic Arabia, the territory that constitutes modern-day Saudi Ar ...
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Jeddah Tower
Jeddah Tower ( ar, برج جدة), previously known as Kingdom Tower (), is a skyscraper construction project currently on hold. Located on the north side of Jeddah, Saudi Arabia, it is planned to be the first tall building, and the centrepiece and first phase of a development and tourist attraction known as Jeddah Economic City. There was steady progress, but in January 2018, building owner JEC halted structural concrete work with the tower about one-third completed due to labor issues with a contractor following the 2017–2019 Saudi Arabian purge. The design, created by American architect Adrian Smith, who also designed the Burj Khalifa, incorporates many unique structural and aesthetic features. The creator and leader of the project is Saudi Arabian prince Al-Waleed bin Talal, a grandson of Ibn Saud, and nephew of the Kings of Saudi Arabia after Ibn Saud. Al-Waleed is the chairman of Kingdom Holding Company (KHC), which is a partner in the Jeddah Economic Company (JE ...
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Saudi Riyals
The Saudi riyal ( ar, ريال سعودي ') is the currency of Saudi Arabia. It is abbreviated as or SAR ''(Saudi Arabian Riyal)''. It is subdivided into 100 halalas ( ar, هللة '). The currency is pegged to the US dollar at a constant rate of exchange. History The riyal has been the currency of Saudi Arabia since the country came into being and was the currency of Hejaz before Saudi Arabia was created, one of the primary currencies in the Mediterranean region during the Ottoman Arabia, Ottoman era. The Hejaz riyal was based on but not equivalent to the Ottoman 20 Ottoman lira, kuruş coin and was consequently divided into 20 qirsh. However, although the Hejaz riyal was the same weight as the Ottoman 20 kuruş, it was minted in .917 fineness, compared to .830 fineness for the Ottoman coin. Thus, because the first Saudi riyal had the same specifications as the Hejaz riyal and circulated alongside Ottoman coins, it came to be worth 22 Ottoman kuruş and was consequently subdiv ...
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