The economy of the United Arab Emirates is the 5th largest in the Middle East, with a gross domestic product (GDP) of US$501 billion in 2022.
King Khalid International Airport is located 35 kilometres (22 mi) north of Riyadh, Saudi Arabia, designed by the architectural firm HOK, and Arabian Bechtel Company Limited served as the construction manager on behalf of the Saudi government.
Emaar Properties or Emaar Developments is an Emirati multinational real estate development company located in the United Arab Emirates. It is a public joint-stock company, listed on the Dubai Financial Market, and has a valuation of US$15.5 billion as of June 2021. With six business segments and 60 active companies, Emaar has collective presence in 36 markets across the Middle East, North Africa, Asia, Europe and North America.
Nakheel Properties is a property developer based in Dubai, United Arab Emirates. The formal name of the company is Nakheel PJSC and it was a subsidiary of Dubai World and a private state-owned enterprise. Nakheel was seen as key to resolving Dubai's debt crisis in 2009–2010.
Saudi Binladin Group, known as Binladin Group Global Holding Company since 2019, is a multinational construction conglomerate headquartered in Jeddah, Saudi Arabia. In 2011, the Saudi Binladin Group signed a US$1.23 billion contractual agreement to construct the tallest building in the world, Jeddah Tower in Jeddah. They are also party to a US$3.4 billion agreement to construct the Doha Metro located in Doha. The conglomerate comprises an estimated 537 companies. The group's founder was Mohammed bin Awad bin Laden, the father of Osama Bin Laden.
The Clock Towers is a government-owned complex of seven skyscraper hotels in Mecca, Saudi Arabia. These towers are a part of the King Abdulaziz Endowment Project that aims to modernize the city in catering to its pilgrims. The central hotel tower, the Makkah Clock Royal Tower, is the fourth-tallest building and sixth-tallest freestanding structure in the world. The clock tower contains the Clock Tower Museum that occupies the top four floors of the tower.
King Abdullah Economic City is a megaproject announced in 2005 by King Abdullah bin Abdulaziz Al Saud, the former king of Saudi Arabia.
Lamar Towers are a pair of skyscrapers currently under construction in the city of Jeddah, Saudi Arabia. Located on Jeddah Corniche, Tower 1 will be 313.7 m (1,029 ft) tall with 68 floors above ground, and Tower 2 will be 289.6 m (950 ft) tall with 60 floors above ground.
The Dubai government's decision to diversify from a trade-based but oil-reliant economy to one that is service- and tourism-oriented has made real estate and other developments more valuable, resulting in the property boom from 2004 to 2006. Construction on a large scale has turned Dubai into one of the fastest-growing cities in the world. There are a number of large-scale projects which are currently under construction or will be constructed in the future. Due to the heavy construction which is taking place in Dubai, 30,000 construction cranes, which are 25% of cranes worldwide, are operating in Dubai. Due to the burst of construction, Dubai has acquired various building-related records, which include: the world's tallest tower, the world's largest shopping mall, the world's largest fountain and the world's tallest hotel. Also under construction is Dubailand, which will be almost twice the size of the Walt Disney World Resort.
Motivate Media Group is a media company based in Dubai, United Arab Emirates. It was founded in 1979 by Ian Fairservice, and today has offices in Abu Dhabi Saudi, and London. It is operated in partnership between Ian Fairservice and Obaid Al Tayer, who is the chairman of the Al Tayer Group and the UAE’s former Minister of State for Finance.
Samsung C&T Corporation, is a South Korean construction and engineering company that was founded in 1938 as the first Samsung company. It was initially involved in construction and overseas trading operations. Since 1995, it has been largely focused on global engineering and construction projects, trade and investments, fashion and real estate. The corporation is governed by an 11-member Board of Directors, made up of the President and CEOs of its four working groups, the corporation's CFO, and six independent members. Samsung C&T employs over 17,000 people. The firm is often regarded as the holding company of Samsung chaebol as it is a major shareholder of various Samsung affiliates.
Arabtec Holding PJSC, Dubai's most heavily traded and largest construction group in GCC, together with its subsidiaries, provides construction services for residential, commercial, oil and gas, infrastructure, power, facilities management, and property development sectors in the United Arab Emirates and internationally. It operates through Construction; Mechanical, Electrical and Plumbing; Oil & Gas, Infrastructure and Power; and other segments. The company is involved in the construction of high-rise towers, buildings, and residential villas, as well as undertakes drainage, electrical, mechanical, plumbing, contracting and related, and civil and infrastructure construction works. It also engages in the real estate investment, development, leasing, and management activities; buys and sells real estate properties; and leases and manages third party properties. In addition, the company manufactures precast panels; and fabricates steel structures and profiles, as well as manufactures and transports ready mixed concrete
Majid Al Futtaim is an Emirati holding company based in Dubai. As of 2015, it owned and operated shopping malls, retail, and leisure establishments in the Middle East and North Africa with operations in 13 countries including UAE, Lebanon, Egypt, Saudi Arabia, Oman, Bahrain, Kuwait, Qatar, Jordan, Pakistan, Iraq, Armenia, Iran, and Georgia. The group was established by Majid Al Futtaim in 1992 and manages three major operating subsidiaries: Majid Al Futtaim Properties, Majid Al Futtaim Retail, and Majid Al Futtaim Ventures.
Rotana Hotel Management Corporation PJSC is a hotel management company in the Middle East, Africa, the Balkans and Türkiye. It has a portfolio of over 100 properties in 26 cities and operates six sub brands which include Rotana Hotels & Resorts, Centro Hotels by Rotana, Rayhaan Hotels & Resorts by Rotana, Arjaan Hotel Apartments by Rotana, Edge by Rotana and The Residences by Rotana.
The Gulf Railway, also known as the GCC Railway, is a proposed railway system to connect all six Gulf Cooperation Council member states in Eastern Arabia. The rail network will have a total length of 2,177 km. The project is estimated to cost US$250 billion. It was scheduled to be completed by 2023, although as of 2022, construction work has yet to start.
Waagner Biro is a Vienna-based group of companies formerly part of the same group which have developed into separately owned, independent companies operating in steel and mechanical engineering. Collectively, the companies have about 1000 employees in various locations in Europe, Asia, and the Middle East.
DAMAC Properties is an Emirati property development company, based in Dubai, in the United Arab Emirates. In January 2015, DAMAC Properties was publicly listed on the Dubai Financial Market. The company operates internationally providing residential, commercial and leisure properties and has presence in the UAE, Saudi Arabia, Qatar, Jordan, Lebanon, Iran, Oman, and the United Kingdom.
Hussain Sajwani, is an Emirati billionaire businessman and the founder of the property development company, DAMAC Properties, and his private investment company, DICO Group.
