{"id":94014,"date":"2025-02-03T00:00:00","date_gmt":"2025-02-03T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/03\/dar-global-awards-trump-tower-jeddah-contract-to-sifco\/"},"modified":"2025-02-03T00:00:00","modified_gmt":"2025-02-03T00:00:00","slug":"dar-global-awards-trump-tower-jeddah-contract-to-sifco","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/03\/dar-global-awards-trump-tower-jeddah-contract-to-sifco\/","title":{"rendered":"Dar Global awards Trump Tower Jeddah contract to SIFCO"},"content":{"rendered":"

\n

REAL ESTATE-<\/p>\n

<\/strong>Trump Tower Jeddah is on the way: <\/strong>Dar Global<\/a>, the Dubai-based international arm of Saudi real estate developer Dar Al Arkan, awarded Jeddah-based Specialized<\/a>Italian Foundation Company<\/a> the site preparation contract for Trump Tower Jeddah, Zawya<\/a> reports. Dar Global and the Trump Organization announced the USD 513 mn (SAR 2 bn) project in December<\/a>, along with a golf property in Riyadh.<\/p>\n

What we know about the Jeddah tower: <\/strong>The Jeddah tower will feature 350 residential units, with construction to be wrapped by December 2029, according to Dar Global\u2019s website.<\/p>\n

\n

LOGISTICS-<\/p>\n

Mawani adds five <\/strong>new shipping services to three ports: <\/strong>The Saudi Ports Authority (Mawani) added five shipping services from Hapag-Lloyd<\/a> and Maersk<\/a> to the Jeddah Islamic Port, King Abdulaziz Port in Dammam, and Jubail Commercial Port, it said in a statement<\/a>. The new routes have a 19.9k standard container capacity and will link the Saudi ports to major global hubs in Egypt, Morocco, Spain, Jordan, the UAE, India, and Oman.<\/p>\n

Background: <\/strong>Hapag-Lloyd and Maersk entered into a long-term operational collaboration to establish a maritime network with a schedule reliability of more than 90%, dubbing it the Gemini Cooperation<\/a>. Officially launched this month, the network will operate across seven trades using some 290 vessels with a total capacity of 3.4 mn containers.<\/p>\n","protected":false},"excerpt":{"rendered":"

PLUS: Mawani adds five new shipping services to three ports<\/p>\n","protected":false},"author":1,"featured_media":94015,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2564],"tags":[54,10,3953,2654,1318,3958,1289,3957],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-94014","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-enterpriseam-ksa","tag-faad-capital-partners","tag-jeddah","tag-nama-chemicals","tag-sifco","tag-transport-general-authority-tga","tag-trump","wpautop","entry"],"acf":{"mongo_id":"44e1cab4-c539-4d80-9ba8-77a109dcf9fe","order":"13","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/2\/157.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Dar Global awards Trump Tower Jeddah contract to SIFCO","related_issue":[93990],"teaser":"PLUS: Mawani adds five new shipping services to three ports","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.6616fe35-fda2-4d8a-8570-fd400bbb629e.mp3"},"yoast_head":"\nDar Global awards Trump Tower Jeddah contract to SIFCO - 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