Latest news with #Salini
Yahoo
15-07-2025
- Business
- Yahoo
Diriyah awards $600m contract to Salini Saudi Arabia for retail units
Diriyah Company has awarded a SR2.24bn ($600m) construction contract to Webuild Group subsidiary Salini Saudi Arabia for 400 retail units in the Diriyah Square retail precinct. This project aims to establish a retail district within the Diriyah Masterplan. Diriyah Square will feature a combination of leisure, retail, and dining brands. Salini's involvement marks its third major contribution to this flagship retail environment. Salini is already progressing with the construction of a 10,500-space car park beneath the square, which will include bus stations, taxi and VIP drop-off areas, and a four-lane underground gyratory. Additionally, the company is completing the structural engineering for Diriyah Square's above-ground assets, including its hotels, retail, offices, branded residences, and a mosque. Diriyah Company group CEO Jerry Inzerillo said: 'It is yet another significant milestone in our development journey and will help set the stage for Diriyah Square's retail spaces to welcome a diverse array of shoppers from our residential communities, surrounding office spaces and the millions who visit us every year.' The contract involves constructing 73 buildings and 400 shell and core retail units over a 365,340m² built-up area. The project includes finishes, facades, and fit-outs, all reflecting traditional Najdi architectural themes to create a pedestrianised retail environment. Webuild CEO Pietro Salini said: 'The Webuild Group has been present in Saudi Arabia since 1966, delivering more than 90 projects. We remain committed to supporting the kingdom in developing some of the world's most complex infrastructure projects, particularly in areas such as civil buildings, sustainable mobility, and desalination.' Diriyah Square will host 400 of the estimated 1,000 outlets that are planned across the 14km² development area of the wider SR237bn project. "Diriyah awards $600m contract to Salini Saudi Arabia for retail units" was originally created and published by World Construction Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Mid East Info
14-07-2025
- Automotive
- Mid East Info
Diriyah Company Announces $600 Million Construction Contract Award to Salini Saudi Arabia, a subsidiary of the Webuild Group, for Construction of 400 Retail Units in Diriyah Square
Construction Contract for flagship Diriyah Square retail district includes 73 individual buildings and 400 shell and core retail units over a built-up area of 365,340m2 Construction Contract awarded to Salini Saudi Arabia (a subsidiary of the Webuild Group). The announcement marks a significant milestone in creating Diriyah's premium lifestyle retail experience with 400 iconic retail brands and dining outlets. Diriyah,July 2025: Diriyah Company has announced the award of a major new $600 million (SAR 2.249 billion) contract for construction work on the high-profile Diriyah Square retail precinct to Salini Saudi Arabia (a subsidiary of the Webuild Group). Diriyah Square is situated at the heart of Diriyah, the City of Earth, the unique Najdi-inspired architectural Diriyah Masterplan. It is designed to develop a vibrant retail district featuring a mix of 400 iconic retail, leisure and dining brands. This district will emphasize exceptional customer experiences, focusing on pedestrians and offering unparalleled shopping, dining, and living opportunities. Diriyah Square aims to pioneer the future retail and leisure landscape of Diriyah, and more broadly, Riyadh. This marks the third major involvement of Webuild Group in helping to create the unique flagship retail environment in Diriyah. Salini is already well advanced in building a 10,500-space car park underneath Diriyah Square, which will be among the largest in the world. The car park will incorporate bus stations, dedicated taxi and VIP drop-off areas, and an underground four-lane gyratory connecting the subterranean Masterplan, providing best-in-class vehicle access and customer parking experiences across Diriyah Square. Salini is also in the process of completing the structural engineering for all the Diriyah Square assets above ground, including the Retail, Hotels, Branded Residences, Offices and Grand Mosque. The contract for the development of the retail district includes building 73 individual buildings and 400 shell and core retail units over a built-up area of 365,340m2 and includes the facades, finishes and fit-outs of the units. Every building will use traditional Najdi architectural design themes to create a unique pedestrianized retail environment in the heart of Diriyah reflecting 300-years of history and heritage. Commenting on the latest contract award, Diriyah Company Group CEO Jerry Inzerillo said: 'Diriyah Square is one of our most exciting, anticipated and prestigious districts, and we are extremely pleased to have signed with Salini to deliver it, bringing their immense global experience to the table. It is yet another significant milestone in our development journey and will help set the stage for Diriyah Square's retail spaces to welcome a diverse array of shoppers from our residential communities, surrounding office spaces and the millions who visit us every year. ' Pietro Salini, CEO of Webuild, added: 'We are proud to contribute to a project of such symbolic and strategic importance to Saudi Arabia. This will further strengthen our presence in the Kingdom and positively impact both the area and the local community. We are excited about developing this new phase of Diriyah Square, an integral part of an iconic project. The Webuild Group has been present in Saudi Arabia since 1966, delivering more than 90 projects. We remain committed to supporting the Kingdom in developing some of the world's most complex infrastructure projects, particularly in areas such as civil buildings, sustainable mobility, and desalination.' Diriyah Square is the retail heart of Diriyah, the City of Earth, connecting the world's finest brands with local artisan goods, and culture with leisure and entertainment. It hosts 400 of the total estimated 1000 outlets planned across the 14 square kilometer development area of the SAR 237 billion ($63.2 billion) project. With this award, Diriyah Company has reached over SAR 100 billion ($ 26 billion) in contract awards since inception with SAR 20 billion ($ 5 billion) in the first half of 2025. Diriyah, the City of Earth will contribute approximately $18.6 billion (SAR 70 billion) directly to the Kingdom's GDP, create nearly 180,000 jobs and will be home to an estimated 100,000 people. It will also include modern office space for tens of thousands of professionals in technology, media, the arts and education, museums, a university, The Royal Diriyah Opera House, the Diriyah arena, world-class hotels, restaurants, the Royal Golf Club, Wadi Safar alongside the Greg Norman designed championship golf course and the Royal Equestrian & Polo Club, Wadi Safar. About Diriyah: Diriyah, Saudi Arabia's premier historical, cultural, and lifestyle destination, is a key component of Saudi Arabia's 2030 Vision. A short 15-minute drive from Riyadh's city center, this 14-square-kilometer development holds historical significance as the birthplace of the Kingdom of Saudi Arabia, dating back to 1727. Currently being developed by Diriyah Company, Diriyah is undergoing a transformation into an authentic Najdi-style mixed-use urban community. Diriyah's centerpiece is At-Turaif, the UNESCO World Heritage Site inscribed in 2010, showcasing the ancient adobe capital city of the First Saudi State, dating back to 1766. Upon completion, Diriyah will host more than 100,000 residents, workers, students, and visitors, offering a diverse range of cultural, entertainment, retail, hospitality, educational, and residential spaces. The first of those spaces include Bujairi Terrace, Riyadh's new premium dining hub with over 20 global and local restaurants and cafes that enjoy uninterrupted views of At-Turaif. Bab Samhan, a Luxury Collection Hotel is the first hospitality offering in Diriyah, providing a tranquil experience with panoramic views of Wadi Hanifah. Diriyah's development provides a dynamic environment that celebrates Saudi Arabia's rich cultural history. About Diriyah Company: Diriyah Company was launched in January 2023 and joined the Public Investment Fund's (PIF) portfolio of giga-projects. The Company is responsible for developing the Diriyah project, the birthplace of the Kingdom of Saudi Arabia and its foremost historical, cultural, and lifestyle destination. A dynamic mixed-use developer, Diriyah Company is redefining urban planning to develop Diriyah, 'The City of Earth', while adhering to the highest design, development, and preservation standards. The company ensures Diriyah's cultural landmarks are complemented by world-class retail offerings, fine-dining experiences, and leading hospitality brands. As a PIF company, Diriyah Company's mission focuses on opportunities in development, hospitality, investment, retail, and office leasing, along with strategic asset management, underscoring the commitment to ensuring successful business outcomes and sustainable growth under the strategic direction of Vision 2030. The Diriyah Company actively forges long-term partnerships to realize its vision of establishing Diriyah as one of the world's greatest gathering places. About Webuild: Webuild is a global leader in the design and construction of large, complex infrastructure projects in sustainable mobility, hydropower, water treatment, and green buildings. A recognized leader in the water sector, it works in approximately 50 countries with over 92,000 people of 125 different nationalities. The Group boasts nearly 120 years of applied engineering on more than 3,700 completed projects, with a track record of 13,648 kilometres of railways, 891 kilometres of metro lines, 82,577 kilometres of roads and highways, 1,022 kilometres of bridges and viaducts, 3,462 kilometres of tunnels, and 318 dams and hydropower plants. Among its most famous projects: the expansion of the Panama Canal, the Long Beach International Gateway bridge in California, the Third Bosphorus Bridge in Turkey, the Sydney Metro Northwest skytrain viaduct and bridge, the Kingdom Centre skyscraper in Riyadh, Saudi Arabia, and numerous metro lines in Copenhagen, Paris, Rome, Milan, Naples, Doha, Thessaloniki, and Riyadh. Among the main ongoing projects, the following stand out: the New Genoa Breakwater, the Brenner Base Tunnel, the Pedemontana Lombarda Highway, Line C of Rome's metro network, the high-capacity railways between Genoa and Milan, the high-speed railway between Naples and Bari, the Palermo-Catania-Messina high-capacity railway, the Snowy 2.0 hydropower scheme in Australia, and the Trojena dam network in Saudi Arabia. As of December 31, 2024, the Webuild Group registered total revenues for €12 billion and a total backlog of €63 billion, with more than 90% of its construction backlog related to projects linked to the United Nations Sustainable Development Goals (SDGs). Webuild, subject to the direction and coordination of Salini Costruttori S.p.A., is headquartered in Italy, is listed on the Milan Stock Exchange, Borsa Italiana (WBD; WBD:IM), and since 2021, it is included in the MIB ESG index of the Italian blue-chip companies with the best ESG practices.
Leaders
14-07-2025
- Business
- Leaders
Diriyah Company Awards $600 Million Contract to Salini Saudi Arabia
Diriyah Company has awarded a SAR2.249 billion ($600 million) construction contract to Salini Saudi Arabia, a subsidiary of the Webuild Group, for the development of the retail centerpiece within Diriyah Square. Located at the heart of Diriyah, the City of Earth, Diriyah Square is a flagship retail district inspired by Najdi architectural heritage. The development will host 400 premium retail, dining, and leisure units, blending international luxury with local artisanal culture. This pedestrian-friendly district is designed to offer an exceptional customer experience and redefine the future of retail and lifestyle in Riyadh. Webuild Group This new contract marks the third major contribution from the Webuild Group to the Diriyah project. Salini is already progressing on several key components: Construction of a 10,500-space underground car park, set to be one of the largest globally. Integration of bus stations, taxi and VIP drop-off points, and a four-lane underground gyratory system. Near completion of structural engineering work for above-ground developments, including hotels, retail spaces, branded residences, offices, and the Grand Mosque. Under this latest agreement, Salini will construct: 73 individual buildings 400 shell-and-core retail units A total built-up area of 365,340 square meters The project includes facades, finishes, and fit-outs for each unit, with all structures showcasing traditional Najdi design themes, creating a unique and walkable shopping environment. Jerry Inzerillo, Group CEO of Diriyah Company, commented: 'Diriyah Square is one of our most anticipated and prestigious districts. Partnering with Salini brings global expertise to this critical milestone, preparing us to welcome millions of visitors and residents to this transformative retail destination.' Pietro Salini, CEO of Webuild Group, added: 'We are proud to support such a culturally and strategically important project. This enhances our long-standing presence in the Kingdom and reaffirms our commitment to Saudi Arabia's future through complex infrastructure and sustainable development.' Diriyah Square Diriyah Square will house 400 of the planned 1,000 outlets across the broader 14 km² Diriyah development, part of a SAR237 billion ($63.2 billion) masterplan. It will serve as a bridge between global luxury brands and local heritage, combining retail, culture, leisure, and entertainment. Diriyah: Economic, Social Impact Since its inception, Diriyah Company has awarded over SAR100 billion ($26 billion) in contracts, including SAR20 billion ($5 billion) in the first half of 2025 alone. The broader Diriyah development is expected to: Contribute SAR70 billion ($18.6 billion) to Saudi Arabia's GDP Create nearly 180,000 jobs Become home to approximately 100,000 residents Include offices for professionals in technology, media, education, and the arts Key features of development include: Royal Diriyah Opera House Diriyah Arena Greg Norman-designed golf course in Wadi Safar Royal Golf Club Royal Equestrian & Polo Club Museums and a university World-class hotels and restaurants Related Topics: Diriyah Art Futures Launches New Exhibition for Digital Artists Diriyah Unveils Revolutionary Media & Innovation Hub at MIPIM 2025 MBS Project Revitalizes Al-Oudah Mosque in Diriyah Under Historic Initiative Short link : Post Views: 8
Times
09-05-2025
- Business
- Times
The jewellery creators making one-of-a-kind masterpieces
We all know the brands such as Cartier, Bulgari and Tiffany & Co. which make some of the most extraordinary one-off jewels; their pieces appear across the globe from red carpets to the most elegant shopping streets. But another jewellery scene runs concurrent to this. It is populated by an 'if-you-know-you-know' cohort of designers whose clientele is drawn to the niche hiddenness of it all. Known collectively as 'art jewellers' they rarely have public premises, instead preferring private salons spaces or stands at art fairs such as PAD Design and TEFAF. What they have in common is their brave aesthetic, their use of exceptional, large gemstones and unusual materials and their exacting craftsmanship. Their clients are usually discerning, loyal and often on first-name terms with the jewellers. Theirs is a world into which, if can infiltrate, you're one of a very lucky few. • This article contains affiliate links that can earn us revenue This fourth-generation Munich-based family jeweller is known for its large stones set in materials such as aluminium, bronze, iron and copper. Layered with cultural references, its pieces are coveted by a loyal, art-loving in aluminium, silver, white gold, aquamarine, antique glass beads and knitted rock-crystal beads, POA, Bra, £58, Shirt, £825, Carbon fibre, straw and leather are just some of the materials that Rome-based Salini mixes with large, colour-saturated stones. The results are graphic, joyful pieces that challenge jewellery cuff in white-gold wire set with diamonds and Catena earrings in pink titanium and pink sapphires, POA, Black dress, £495, and blue dress, £495, Shoes, £350, It can take as long as ten years for Chao to complete one of her jewels. Like a true artist she sculpts each piece in wax before setting it with hundreds of stones in a painterly fashion. Organic shapes point to nature as her forever Chao: the Art Jewel 20th Anniversary Collection feather brooch in white gold, diamonds, aquamarines and blue sapphires, POA, Dress, POA, Unlike many of her contemporaries Adriana favours abstraction over naturalism, rejecting historical references or figurative representations and instead leaning into a futuristic and bold bracelet in yellow gold and diamonds, and tessellated earrings in blackened silver, white gold, amethysts and tanzanites, POA, Top, £430, and skirt, £720, The US-based jeweller James Claude Taffin de Givenchy has artistic pedigree — his uncle was Hubert de Givenchy. His work is characterised by the use of ceramic in unusual colour combinations mixed with exceptional from left: rose gold, brown diamond and ceramic; yellow gold, carved emerald, pearl and ceramic; rose gold, platinum, diamond and ceramic, POA, Tights, £30, Krishna Choudhary borrows from his heritage both by referencing Indian motifs and by repurposing Mogul-era gemstones. Reimagined through a modern lens, his jewels make a strong in titanium, yellow gold, spinels and diamonds, POA, Shoes, £870, Bold yet sensual, Spiro's work is characterised by voluminous jewels that hug the female form. They can be viewed in his salon in Mayfair, London, in a suite of rooms once owned by Norman earclips in silver, rose gold and diamonds, POA, Skirt (worn as dress), £720, Styling by Aurelia DonaldsonDigital production: James BryantPhotography assistants: Karolina Burlikowska, Josh ReaSet design: Sherin AwadHair and make-up: Oonah Anderson using Hair by Sam McKnight and Haus LabsNails: Liia ZotovaModel: Olivia Shelton at Milk Management
The Star
24-04-2025
- The Star
Teen admits having porn on phone
KULAI: A 16-year-old boy has pleaded guilty to possessing 14 pornographic images on his mobile phone. The underage accused, who was brought before magistrate R. Salini yesterday, was charged with committing the offence in Taman Indahpura here at 5.28pm on April 8. The offence, under Section 292(a) of the Penal Code, is punishable with a jail term of up to three years, a fine or both, upon conviction. The teenager was also charged with generating explicit content involving a 17-year-old by editing her photos into pornographic images. However, the accused pleaded not guilty to the second charge, which was framed under Section 5 of the Sexual Offences Against Children Act. If found guilty, the court may impose a warning, a good behaviour bond, a fine, community service, or placement in an approved school, such as Henry Gurney School. Salini allowed bail at RM4,000 for each count of the charges with one surety. The court also set June 23 for the next mention. Deputy public prosecutor S. Thiviya prosecuted while the accused was represented by a lawyer. The boy arrived at court around 8.30am, dressed in a white T-shirt and a face mask. His father appeared at the court building and paid the bail. According to earlier reports, the teenager, a former student from a private independent school here, allegedly used artificial intelligence (AI) to generate lewd images of schoolmates and alumni and sold them for RM2 each. A 19-year-old victim lodged a police report after finding an explicit image with her likeness on social media. Up until April 15, at least 29 reports had been filed. Meanwhile, mother of two Sammy Lee, 42, expressed her concerns and highlighted the need to better educate children about the harmful effects of digitally manipulated images or videos. 'With AI widely available for free, users, including children, have access to tools that can generate all sorts of content. 'While we cannot monitor their online activities all the time, parents need to talk to their children about why they should never create deepfake content, especially pornographic images, which can cause harm to others,' she said. Mother of three Bashirah Arifin, 45, said the case was a reminder that no child is truly safe online, even those who do not misuse the technology. She said her two older children, aged 13 and 11, are not using tools such as ChatGPT for school or leisure but are familiar with AI through TikTok content. 'As a parent, I am worried, as they could still fall victim to abuse from others. 'That is why I emphasise open communications with my children and tell them that having an online presence means they are opening the door to outsiders,' she said. 'They need to understand the dangers of making friends online. 'I also remind them that they are not allowed to cyberbully anyone and must inform us if they become victims of cyberbullying,' said the housewife. Johor education and information committee chairman Aznan Tamin said while the case involved a private school, steps have been taken to monitor the situation in public schools to ensure such incidents do not recur.
