Latest news with #NewMurabba
Saudi Gazette
6 hours ago
- Business
- Saudi Gazette
New Murabba, Alat sign MoU to develop next-gen vertical transport for The Mukaab
Saudi Gazette report RIYADH — New Murabba Development Company and Alat have signed a memorandum of understanding to explore advanced vertical mobility solutions — including next-generation elevators and escalators — for The Mukaab and the wider New Murabba development. The agreement focuses on deploying innovative technologies to enable seamless and intelligent movement within the mega urban destination. This includes the integration of transformative digital systems to elevate the visitor experience inside The Mukaab through cutting-edge, multi-sensory environments. Under the MoU, both parties will collaborate on identifying the best financing strategies for initial investments in hardware and R&D. The agreement also includes a feasibility study to establish high-performance manufacturing facilities in Saudi Arabia capable of meeting project demands, supporting national localization targets tied to New services such as warranty, maintenance, and software updates will also be jointly Dyke, CEO of New Murabba Development Company, said the agreement marks a key milestone in delivering a future-ready, smart urban destination."Our partnership with Alat reinforces our commitment to integrating next-gen technologies that will redefine urban living and visitor engagement," he CEO Amit Midha described the collaboration as a bold step toward shaping tech-enabled urban life."Combining Alat's AI-driven solutions with New Murabba's ambitious vision opens new possibilities for transformative smart city experiences," he Mukaab is envisioned as a next-generation urban marvel — measuring 400 meters in height, width, and length — making it the tallest and most prominent structure in combines traditional Najdi architectural aesthetics with advanced technology to create a mixed-use destination offering luxury hospitality, cultural attractions, residential units, retail zones, and interactive entertainment The Mukaab, visitors will be immersed in a world of innovation, from holographic 3D displays to a world-class digital sound system designed to accommodate large-scale structure will feature a one-of-a-kind lighting system that harmonizes art and innovation, enhancing the visual experience and seamlessly integrating with curated events and exhibitions.A unique pedestrian gateway will guide visitors through a tranquil path transitioning them from the bustling city into this immersive environment.
Zawya
18-07-2025
- Business
- Zawya
Saudi: New Murabba seals partnership deal with Korean architect Heerim
Saudi Arabia - New Murabba, a key Saudi developer powered by the kingdom's sovereign wealth fund PIF, has signed an agreement with Korea-based Heerim Architects & Planners to explore innovative and distinctive architectural overlays that complement the development's master plan, with special emphasis on anchor assets, linear parks, and smart city features. New Murabba is a mixed-use real estate development under construction in northwestern Riyadh and easternmost Diriyah, Saudi Arabia. Headquartered in Seoul, Heerim is a globally recognised company for delivering large-scale urban developments, cultural complexes, and iconic architecture, with a proven track record across Asia, the Middle East, and other international markets. New Murabba Company is delivering a 19-sq-km mixed-use urban destination featuring sustainable design, innovative infrastructure, and a future-ready lifestyle. At its heart is The Mukaab, a premium mixed-use landmark that integrates retail, cultural, tourism, hospitality, residential, commercial, and recreational components. "New Murabba plays a vital role in advancing urban development strategies and turning Saudi Arabia's Vision 2030 into reality by shaping Riyadh's future urban landscape," remarked New Murabba CEO Michael Dyke after signing the MoU with Heerim Architects & Planners Chairman and CEO Young Kyoon Jeong at a key ceremony in Seoul. "We are creating a destination that combines innovation, sustainability, and design excellence. Our partnership with Heerim reinforces our continued commitment to working with world-class architectural leaders to deliver a city that is iconic, immersive, and deeply human-centric," he added. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Zawya
10-07-2025
- Business
- Zawya
Arup named as lead designer for New Murabba Stadium in Riyadh
New Murabba Development Company has appointed London-based Arup as the lead designer for the New Murabba Stadium. The initial designs for the sports stadium, located in Riyadh, were released in July 2024. The stadium spans an area of 180,000 square metres (sqm) and has a capacity of over 45,000 seats. The stadium is scheduled for completion by the end of 2032. Arup will provide comprehensive services for the stadium including design, advisory, and planning, as well as operational advisory insights. (Editing by Anoop Menon) (
Zawya
09-07-2025
- Business
- Zawya
New Murabba and Hanam City explore global urban development cooperation
Riyadh, Saudi Arabia – As part of its global collaboration and learning strategy, New Murabba, PIF company, visited Hanam City in South Korea to explore synergies in sustainable city building and cultural innovation. Michael Dyke, CEO of New Murabba, met with Hanam Mayor, Lee Hyun-jae, and Ambassador at the World Travel & Tourism Council, Dho Young-shim, to discuss shared priorities between the New Murabba development in Riyadh – a flagship initiative under Saudi Arabia's Vision 2030 – and Hanam's globally positioned K-Star World project. The visit included a project briefing at the mayor's office, a tour of the Union Tower observation deck overlooking Misa Island – future site of K-Star World – and a walkthrough of Starfield Hanam, one of South Korea's premier mixed-use cultural and retail destinations. New Murabba is envisioned as a next-generation urban district where innovation, livability, and culture converge. Anchored by immersive architecture and human-centric planning, the development is redefining how global cities are designed, experienced, and sustained. K-Star World, currently in development by Hanam City, is a landmark cultural tourism complex. Spanning entertainment, hospitality, retail, and creative experiences, it aims to become a leading international destination that celebrates South Korean creativity while integrating smart-city infrastructure and public realm design. 'Hanam City has a compelling vision that blends local culture with global ambition,' said Michael Dyke, CEO of New Murabba. 'Our visit highlighted just how aligned our goals are – to build places where people thrive, where innovation is integrated, and where culture shapes the everyday experience.' During the visit, Michael Dyke expressed strong interest in Hanam's high-quality residential environment, livability, and the city's holistic approach to urban development – particularly its efforts to create integrated communities that enhance residents' well-being. This exchange reflects New Murabba's commitment to shaping the future of urban living through global partnerships, learning, and innovation – advancing a shared vision where life, work, and culture thrive in harmony.
Leaders
08-07-2025
- Business
- Leaders
New Murabba Teams Up with Korea's Heerim for Architectural Innovation
New Murabba, a company backed by Saudi Arabia's Public Investment Fund (PIF), has signed a memorandum of understanding (MoU) with South Korea's Heerim Architects & Planners. The collaboration aims to explore innovative and distinctive architectural concepts that align with New Murabba's master plan, focusing on key elements such as anchor assets, linear parks, and smart city features. The MoU was signed in Seoul by Michael Dyke, CEO of New Murabba, and Young Kyoon Jeong, Chairman and CEO of Heerim Architects & Planners, according to a press release issued today. Heerim is internationally acclaimed for its expertise in large-scale urban projects, cultural landmarks, and iconic architectural designs, with a strong portfolio across Asia, the Middle East, and other global markets. 'Our mission at New Murabba is to drive forward Saudi Arabia's Vision 2030 by shaping the future urban fabric of Riyadh,' said Dyke. 'We're building a destination rooted in innovation, sustainability, and design excellence. Partnering with Heerim underscores our commitment to working with global architectural leaders to create a city that is iconic, immersive, and truly human-centric.' The announcement also noted that New Murabba is developing a 141.1-square-kilometer mixed-use urban destination designed for sustainability and future-ready living. At its center lies The Mukaab, a landmark development that blends retail, cultural, tourism, hospitality, residential, commercial, and recreational offerings into a single, dynamic hub. Related Topics: Culture Minister Inaugurates Saudi Pavilion at Expo 2025 Osaka Saudi Envoy to Japan Shares Vision for Expo 2025 Osaka Pavilion Saudi Pavilion at Expo 2025 Osaka Unveils 700 Cultural Events Short link : Post Views: 5
