The Saudi ministry of Finance has signed a contract with 2 local contractors to construct new headquarters for the OIC (Organisation of Islamic countries). Situated on 25k sq m plot in jeddah, the project comprises a general assembly hall, OIC main building , Islamic Fiqh building, Islamic News agency building , Media union building , shipping union building. The project will cost 75 million Riyals and take 3 years.

Thank you HiJazzey.
I read something about it but hopefully we will see the proposal soon.