Business

Jeddah Tower Timeline: Stall, Restart, 2026 Progress

Jeddah Tower is a mixed-use skyscraper under construction in North Obhur, Jeddah, Saudi Arabia, designed to exceed 1,000 metres and become the world's tallest…

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ORIGIN

Jeddah Economic Company Established, Design Competition Won

Kingdom Holding Company and its project vehicle, Jeddah Economic Company, commissioned a design competition won by architect Adrian Smith and structural engineer Thornto…

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CONSTRUCTION BEGINS

Groundbreaking on the North Obhur Site

Groundbreaking and early piling work began in April 2013 on Jeddah's North Obhur, Red Sea coastline - four years after the design competition concluded. Saudi Binladin G…

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CONSTRUCTION HALTS

Work Stops at Roughly 63 Floors

Construction halted around January 2018 amid contractor payment disruption and upheaval connected to Saudi Arabia's late-2017 anti-corruption campaign, which had detaine…

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RESTART PROCESS BEGINS

Jeddah Economic Company Opens Tender to Complete the Tower

In September 2023, Jeddah Economic Company opened a request-for-proposals process to find a contractor to complete the tower, beginning renewed negotiation with Saudi Bi…

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COMPLETION CONTRACT SIGNED

SAR 7.2 Billion Contract Awarded to Saudi Binladin Group

Jeddah Economic Company signed a completion contract with Saudi Binladin Group worth SAR 7.2 billion (about $1.9bn), including roughly SAR 1.1bn recognising previously c…

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OFFICIAL RESTART

Concrete Poured on Floor 64, Construction Resumes

On 21 January 2025, Kingdom Holding held a restart ceremony on site; Prince Alwaleed bin Talal and company leadership attended as concrete was poured on the tower's 64th…

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FLOOR 80

Tower Surpasses 80 Floors

Trade press confirmed on 6 January 2026 that construction had surpassed 80 floors by December 2025, underscoring the accelerating pace roughly one year after the restart.

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LEVEL 99

Kingdom Holding Q1 2026 Results: ≈398 Metres

Kingdom Holding's Q1 2026 earnings presentation disclosed Level 99 (≈398 metres), 274,000+ cubic metres of concrete poured (≈61% of plan), façade cladding across 36+ flo…

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LATEST VERIFIED STATUS

Floor 106-107, ≈430 Metres — Kingdom Holding Q2 2026 Results

Prince Alwaleed bin Talal confirmed the milestone on site on 23 July 2026; Kingdom Holding's Q2 2026 results, reported around 7 August 2026, put concrete poured above 30…

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