Economy Events Local 2026-04-14T13:31:18+00:00

Azizi Developments Awards 1.1 Billion Dirham Contract for Azizi Tower

Azizi Developments has awarded a 1.1 billion dirham contract to Eversendai Corporation Berhad for the steel structure of its landmark Azizi Tower, set to become the world's second tallest building.


Azizi Developments Awards 1.1 Billion Dirham Contract for Azizi Tower

Azizi Developments has announced the award of the steel structure construction contract for its landmark «Azizi Tower» project to the renowned «Eversendai Corporation Berhad» company, with a total value of 1.1 billion dirhams. The agreement was officially signed between Mrouez Azizi, Chairman of the Board of Directors of Azizi Developments, and Tan Sri A.K. Nathan, Founder, Chief Executive Officer, and General Manager of the Board of Directors at «Eversendai Corporation Berhad». «Azizi Tower» is planned to be a multi-use skyscraper in Dubai and is expected to become the second tallest tower in the world, which will be an exceptional addition to the emirate's distinctive architectural skyline. Important step Mrouez Azizi stated: «The collaboration with Eversendai is a significant step in the path of implementing Azizi Tower, as their extensive track record in executing large and complex steel structures globally gives us a firm confidence in their ability to deliver this project to the highest standards of quality and safety». In turn, Tan Sri A.K. Nathan said: «Our company has a long experience in executing projects with exceptional engineering challenges, and we are committed to utilizing our engineering expertise to ensure the delivery of this high-rise architectural edifice to the desired level». «Eversendai Corporation Berhad» specializes in integrated steel structure contracting, power station construction, and architectural development of skyscrapers, and manages multiple operations across the Middle East, Asia, and India. It is an honor for us to be entrusted with the steel structure works for «Azizi Tower».