Contract signed for work on world’s tallest skyscraper in Jeddah

The Jeddah Tower is projected to be over 1,000 meters (3,281 feet) tall, eclipsing Dubai’s Burj Khalifa, which is over 828 meters. Above, an artist’s illustration of the skyscraper.
Updated 18 January 2018
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Contract signed for work on world’s tallest skyscraper in Jeddah

DUBAI: Real estate developers seeking to build the world’s tallest skyscraper in Jeddah have signed a 620-million Saudi riyal contract for infrastructure work at the site, signaling the project will go ahead.
The contract was awarded to local Al-Fouzan General Contracting Co. and the work is to be finished within 12 months, Jeddah Economic Co, the consortium behind the project, said in a statement late on Wednesday.
Construction of the Jeddah Tower, originally projected to cost $1.2 billion, has been underway for several years and officials have previously said the building will be finished by 2020. In its statement, Jeddah Economic Company did not say whether that timetable was still on track.
The project, conceived when the Saudi economy was booming, now faces a more difficult environment, as the country’s real estate market is slumping due to tough economic conditions caused by low oil prices.
The Jeddah Tower is projected to be over 1,000 meters (3,281 feet) tall, eclipsing Dubai’s Burj Khalifa, which is over 828 meters.
Jeddah Economic Company CEO Mounib Hammoud said the implementation of the advanced infrastructure was considered an essential step in positioning this mega development as a world-class project.
“The works are going according to the set timeframe and soon, plots of land will be available and ready for development by local and international investors with all support services and utilities that includes: state-of-the-art infrastructure, district cooling, gas networks, streets furnishing and finishing, generous public open spaces, gardens and other elements of an environmentally friendly smart city,” Hammoud said in the statement.
“The project offers the tallest tower in the world, a sustainable mixed-use environment, residential apartments for most budgets, a tourism retail and leisure destination and a business center. Jeddah Economic City Project will anchor the growth of Jeddah and will offer thousands of job opportunities for young Saudis in various fields.”


Dr. Iman bint Habas Al-Mutairi, new CEO of Saudi National Competitiveness Center

Updated 19 September 2019

Dr. Iman bint Habas Al-Mutairi, new CEO of Saudi National Competitiveness Center

Dr. Iman bint Habas Al-Mutairi is the newly appointed CEO of the National Competitiveness Center (NCC).

Al-Mutairi received her bachelor’s degree in chemistry from King Faisal University in 1992. In 1997, she obtained a Ph.D. in biochemistry from the University of Bristol, UK.

She began her career as a lecturer in the chemistry department of King Faisal University, from 1993 to 1994, before lecturing at the University of Bristol for three years.

In 1998, she became an assistant professor of human genetics at Harvard University, and two years later she joined Perkin Elmer as a scientific research consultant in biological sciences in the US until 2002.

A year later, she joined Hospital Aramco as a preventive medicine consultant. She then headed the department of public medical relations, and served as an acting director of the department of medical technical support services, and the head of quality and patient safety from 2007 to 2010.

With Saudi Aramco, she headed the manpower planning and analysis department for a year, before she became the project manager of the Aramco Accelerated Strategic Transformation Program from 2011 to 2012.

Al-Mutairi ran her company, Heemah for Business Services between 2014 and 2017.

She also helped with the establishment of the National Competitiveness Center, and coordinated the partnership between Johns Hopkins Hospital and Aramco Healthcare.

In 2017, Al-Mutairi served as an adviser to the minister of commerce and investment.