Tokyo-based Nikken Sekkei, leading architect and leader in sustainable design, unveiled the design of SR1 billion ($267 million) Saudi Stock Exchange Tadawul project at the ongoing Cityscape Global expo in Dubai.

The new stock exchange is coming up at the heart of King Abdulla Financial District in Riyadh.

Nikken Sekkei, showcased for the first time the latest impressions of the new high-profile Saudi (Tadawul) design project besides the selection of designs from its extensive international portfolio.

The Tadawul design incorporates cutting-edge, eco-friendly technology such as a sunlight scooper to introduce natural sunlight and solar shading to help reduce the cooling load.

“Cityscape Global is the perfect platform to display this project which is a milestone design for Nikken Sekkei. The new stock exchange to be set up in Riyadh will be a state-of-the-art and intelligent building of the future,” commented Mitsuo Nakamura, chairman of Nikken Sekkei.

“The iconic 42-story building will be a model of energy efficiency by incorporating leading energy-saving technologies with the latest Leed standards. Our sustainable design was chosen because it balances construction value, sustainability and iconic design,” he added.

The Nikken Group, consisting of nine companies headed by Nikken Sekkei, offers comprehensive design, engineering, management, consulting and R&D services.-TradeArabia News Service