RIYADH: The government of the Kingdom of Saudi Arabia (KSA) announced the launch of a new 400-metre-high cube-shaped skyscraper named Mukaab in Riyadh.
Dubbed the “new face of Riyadh”, the building is part of the Murabba downtown plan and is said to be “one of the largest built structures in the world”. It was announced by Saudi crown prince Mohammad bin Salman who is the chairman of the newly formed New Murabba Development Company.
The 19-square-kilometre structure will be built to the northwest of central Riyadh and will contain around two million square metres of attractions including shops and cultural spotlights. The building will also have a spiralling tower and a full-height atrium.
Expected to be completed by 2030, the development plan includes 100,000 residential units and 9,000 hotel rooms, 1.4 million square metres of office space and 980,000 square metres of shopping outlets.
The skyscraper is in line with the Saudi Vision 2030 plan which is to strengthen the economy and undertake projects that diversify its portfolio.
For news and blogs, visit Graana.com
LONDON: British Pakistani entrepreneur Shafiq Akbar was honoured at the UK Parliament in recognition of…
Peshawar: In a landmark move, the Khyber Pakhtunkhwa (KP) government is set to launch its…
Islamabad, July 2025 — In a continued effort to enrich the experiences of its community,…
Lahore: The Lahore Development Authority (LDA) has achieved a record-breaking 44% increase in revenue during…
The Age of Real Estate Guesswork Pakistan's real estate market has relied on word-of-mouth, whispers,…
In an era where technology is redefining industries, real estate is no exception. PropTech—short for…