Monday, August 8, 2011

Saudi Prince Alwaleed bin Talal bin Abdulaziz Alsaud

The record for the tallest building in the world is set to be replaced yet again. Saudi Bin Laden Group, the construction superpower owned by the family of late al-Qaeda leader Osama bin Laden, is poised to begin work on the 3,281-foot (1 kilometer) Kingdom Tower in Jeddah, Saudi Arabia — shattering Dubai's Burj Khalifa's record by 568 feet. Saudi Prince Alwaleed bin Talal bin Abdulaziz Alsaud announced plans to build the $1.2 billion Kingdom Tower at a press conference Tuesday. It will serve as the centerpiece of a new $20 billion lavish development called Kingdom City. - Janelle Zara