Al-Jadaan commends OPEC Fund's flexible response to global market fluctuations    Ministry of Culture includes handicrafts and cultural media in 5th edition of its National Cultural Awards    AI-powered system to monitor emergency lane violations in real time    SFDA suspends medical device imports from erring international firm    PIF launches new company to deliver Expo 2030 Riyadh    Industrial cities in Qassim operate at 77% capacity    Saudi energy minister: OPEC+ become key guarantor of oil prices    Smart screens guide worshippers at Prophet's Mosque in 23 languages    EU visa rule change set to target Israeli citizens    As death toll rises in Kyiv, Europe believes Russia will not stop at Ukraine    Trump focused on avoiding wider conflict as he nears decision on US strikes in Iran    Iran conflict to derail EU review of Israeli association agreement    Bounou saves penalty as Al Hilal hold Real Madrid in Club World Cup opener    SFDA's new food rules to be in force from July 1    Al Hilal fans take over Miami ahead of Club World Cup match with Real Madrid    Martina Navratilova: 'I wouldn't have left home for Trump's America'    Pianist Alfred Brendel dies aged 94    Heritage Commission registers over 700 new archaeological sites in Saudi Arabia    California doctor to plead guilty to supplying Matthew Perry with ketamine    Saudi Arabia beat Haiti 1-0 to open 2025 Gold Cup campaign    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    Veteran Bollywood actor Manoj Kumar dies at 87    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Construction of King Salman and Prince Sultan towers to begin soon in Makkah
Published in The Saudi Gazette on 29 - 11 - 2015

RIYADH – Construction of the King Salman Bin Abdulaziz and Prince Sultan Bin Abdulaziz investment towers in Makkah is expected to begin soon, Saudi Press Agency (SPA) reported Saturday.
The two 12-storey hotel towers are charity projects belonging to the Disabled Children Association. The total cost is SR140 million and they will take 36 months to complete.
The King Salman and Prince Sultan tower projects will be carried out on a joint area of 5700 sq. meters on a plot of land owned by the Association in Al-Naseem district on Taif-Al Hada Road in Makkah.
Earlier during the holy month of Ramadan, Custodian of the Two Holy Mosques King Salman laid the foundation stone for the two tower projects. The Monarch also donated SR50 million as support for them.
Prince Sultan Bin Salman, chairman of the board of directors of the Disabled Children's Association, is scheduled to sign on Sunday the contracts for supervision and carrying out the two projects, Awad Abdullah Al-Ghamdi, secretary general of the Association stated to the press.
The two hotel tower projects come within the Association's plans to have permanent sources of income so as to support the budget for operating its centers and free services.
The King Salman hotel tower project will have two floors in the basement for parking lots, a mezzanine and 12 floors with a built-up area exceeding 20,000 sq. meters. The hotel tower will have 255 rooms, 14 hotel suites and a mall.
The Prince Sultan hotel tower will have a two-floor parking lot in the basement, 12 floors, 250 hotel rooms, shops and a built-up area of 18,000 sq. meters. The tower will also comprise a mezzanine for restaurants and services.
The two hotel towers come within an unprecedented investment charity project that also comprises a tower for Saudi Telecom Company (STC) clients, another for Panda clients and a fifth tower for the Holy Qur'an Contest for disabled children. The total cost of the five towers is SR300 million. The architectural designs for all the project's units have been completed.
The Disabled Children's Association took the decision to construct the two towers in appreciation and in gratitude for King Salman and the late Prince Sultan Bin Abdulaziz for their generous support for the Association and the issue of disability for many years. The two towers will bear their names for their magnanimity that is an example to be followed.
Al-Ghamdi expressed thanks and appreciation to King Salman and to the philanthropists, companies and banks that took the initiative to contribute to the project. He described it as a charity in the purest place. The revenues from the project will be allocated for spending on healthcare, education and rehabilitation provided by the Association's centers to thousands of physically challenged children in all of the Kingdom's regions.
The architectural designs for the two hotel towers have been completed. After a competition, the contractor and consultant have been chosen.
Individuals, companies and establishments can contribute to the projects with shares, each costing SR1000. The shareholder will be granted a shareholding document in the charity project signed by the Association's chairman of the Board of Directors and chairman of the Investment Committee.
The shareholder will authorize the Association to allocate the revenues from the shares to support expenses for operation of the Association. The names of the big shareholders will be documented on an honorary plaque on the project's buildings.


Clic here to read the story from its source.