- Joined May 22, 2008
THE record for the world's tallest tower is set to be broken yet again... this time by the Bin Laden family.
The new skyscraper will measure one kilometre high and will be located in Saudi Arabia. The tower will outdo Gulf neighbour Dubai, which inaugurated its own record-breaking skyscraper the 828m Burj Khalifa less than two years ago.
The Saudis awarded a more than $1 billion contract for a spire, to be named the Kingdom Tower. It will have a Four Seasons hotel, serviced apartments, luxury condominiums and offices, encompassing, in all, about half a million square metres.
Kingdom Holding Co, the investment firm headed by billionaire Prince Alwaleed bin Talal, said it signed a $1 billion deal with the Saudi Binladen Group to build Kingdom Tower on the outskirts of the Red Sea city of Jeddah.