Located in Jeddah, Saudi Arabia, construction of the Islamic Development Bank Headquarters commenced in 1990. The Bank was founded in 1973, with Saudi Arabia its major shareholder, together with shareholdings held by 57 other nations. Since then the IsDB Group has engaged in a broad range of activities, from public and private sector project financing, trade and SME financing, to emergency relief, advisory and assistance services for the development of member countries and projects to alleviate poverty. The Bank’s Jeddah headquarters now leads more than 10 regional hubs and offices situated throughout member nations, driving the Bank’s vision to empower people to create a sustainable future.
The Islamic Development Bank headquarters made a striking impression on Jeddah’s landscape once completed. Now established as an important landmark, the building continued a path of significant growth for Jeddah as a major centre in the Kingdom for commerce and industry.
Omnium International’s team was proud to be involved in the development of the IsDB Headquarters, a key early tower construction in Jeddah during the early 1990s and an important cornerstone of our work which has since continued to thrive in the Kingdom. Our QS and Cost Consultants delivered full Pre and Post Contract QS services to the 22-storey, 3-storey podium, 107m-tall office building which was completed in 1993 and is sited in downtown Jeddah, close to critical infrastructure for the city including the Saudi Aramco refinery and Jeddah Islamic Seaport. Comprising a tower of 42,500 sqm floor area, the building is home to the Bank’s offices as well as the Islamic Research and Training Institute, a conference centre with 1,500 seat hall, 5-storey residential and social centre, and covered parking for 1,000 vehicles.
Establishing our early Jeddah and KSA presence, construction of the IDB Group Headquarters, and the success of the Bank’s early trading since its inception, brought valuable investment to the Kingdom which created a solid foundation for future economic growth. Omnium International’s senior Directors brought experience of commercial office projects, gained both within the GCC and globally, to this important development, creating strong working partnerships and giving our team a valued opportunity to gain insight into corporate-grade towers which today is a key feature of our portfolio.
Islamic Development Bank
Now an international development finance institution, IsDB focuses its activities on the delivery of Islamic finance for a raft of global infrastructure, development and relief projects. The Bank’s mission is to empower people in order to create a sustainable future for communities in 57 member countries.
A specialist in major projects and complex master plan developments, our Saudi based Director Peter enjoys global QS experience in Europe, the Middle East and Asia working for government-led organisations and large institutional developers.