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One Way Capital Strengthens Its Presence in Major Saudi Projects by Participating in the Strategic Investors Meeting for the Jeddah Tower Project – Industry Day

One Way Capital Group Participates in the Strategic Investors Meeting for the Jeddah Tower Project

Egyptian businessman and investor Eng. Mohamed Sedky El-Gaafary, Chairman of One Way Capital Group, accompanied by his investment partner Eng. Ahmed Youssef Abdelaziz, the Group’s Chief Executive Officer, participated in the strategic meeting organized by Saudi Binladin Group under the title “Industry Day – Jeddah Tower”, held on Thursday, November 27, 2025, at the Rixos Jeddah Resort Conference Hall.

The meeting was also attended by Dr. Islam Al-Masoudi, Planning Director at One Way Capital, who emphasized the significance of this event in supporting the Group’s vision for sustainable expansion and its active participation in major national projects across the Kingdom.

Jeddah Tower: An Icon of Engineering and Innovation

The meeting reviewed the latest stages of the Jeddah Tower development — set to become the tallest tower in the world, with a height exceeding 1,000 meters. So far, construction has reached 63 floors as part of the first phase, which spans 1.3 million square meters.

This milestone follows the signing of an agreement between Jeddah Economic Company, a subsidiary of Kingdom Holding Company, and Saudi Binladin Group, valued at SAR 7.2 billion, to complete the construction work within 42 months.

One Way Capital’s Leadership in Real Estate Development

One Way Capital Group is among the leading investment groups in the real estate development and general contracting sectors in Saudi Arabia. Under its umbrella are:

One Way Capital Company

Black Horses General Contracting Company

Sama Dubai General Contracting and Development Company

The Group remains deeply committed to contributing to mega development projects that align with Saudi Vision 2030, executing distinguished projects characterized by quality construction, innovation, and visionary design.

Professional Organization Reflecting Strong Partnership Values

The meeting was notably well-organized under the professional leadership of Eng. Rami Moshrif, Procurement and Contracts Director at Saudi Binladin Group, who supervised and coordinated the event with exceptional precision—reflecting the Group’s world-class approach to managing large-scale projects.

Media Presence Documenting the Event

This participation comes as part of One Way Capital’s strategic efforts to expand its footprint in the Saudi market and explore new investment opportunities in real estate development and contracting.

The event was officially documented and covered by Eng. Abdullah El Sharqawy, Media Officer and Digital Marketing Director of the Group.

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