Burj Khalifa, Dubai’s world’s tallest tower, soon will be stripped of its Guinness title when Jeddah Tower in Saudi Arabia succeeds in its plans to construct it’s $2.2 billion Real Estate project. Funds for the $1.23 billion starting project have been secured.
A Saudi government press release on Sunday said Jeddah Economic Company and Saudi Arabia’s Alinma Investment had signed a financing deal for 8.4 billion Saudi riyals (or $2.2 billion) to build Jeddah City, including the sky-piercing tower.
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