The flash of purple abayas at a conference in Saudi Arabia’s second-largest city, Jeddah, was more than a fashion statement. It’s a sign of the changes Jeddah is embracing as King Abdullah slowly loosens restrictions on women in his conservative land.
Aleksandar Vucic, the favorite to become Serbian prime minister after elections this month, is campaigning as the candidate who can bring home investment from the United Arab Emirates, including a $4 billion plan to redevelop Belgrade’s waterfront.
Arabtec Holding PJSC’s construction unit won a 1.04 billion-dirham ($282 million) contract from Emaar Properties PJSC to build townhouses in Dubai as the company benefits from a rebounding real-estate market.
Kingdom Tower, Saudi Prince Alwaleed bin Talal’s project to erect the world’s tallest building in Jeddah, is designed to imitate the contours of a sprouting desert plant. Adrian Smith’s task is to make sure it doesn’t sway in the wind like one.
Kingdom Holding Co. has awarded the design contract for its mile-high Kingdom Tower in Jeddah to Adrian Smith & Gordon Gill Architecture, Dubai-based Gulf News reported, citing an official it did not identify.
After losing billions on U.S. stocks beginning in 2000, Alwaleed Bin Talal says he may become richer than the Oracle of Omaha. His strategy: holding an IPO for his luxury hotels and building the world’s tallest tower in his homeland.
Prince Alwaleed Bin Talal sits under an almost full moon near a campfire at his rustic retreat in Riyadh, Saudi Arabia. He’s surrounded by a zoo with zebras and giraffes, an artificial lake and a lodge that has an indoor pool, saunas and steam rooms. Three hooded falcons are perched on stands in front of him.