Brushed Nickel Pendant Lights Design

Wednesday, July 13th, 2016 - Furniture

Dubai, United Arab Emirates, the champion of all the biggest, tallest, and most expensive, will have competitors from Saudi Arabia.

The country is building a building with a height exceeding the Burj Khalifa, the tallest building in the world today.

Title as the world’s tallest building on the Guinness World Record seems to be ready for release by the Burj Khalifa if Saudi Arabia could actually complete the construction of Jeddah Tower.

The building is expected to cost up to 1.23 billion US dollars for its construction.

The Saudi government released that Jeddah Economy Company and Arabia’s Alinma Investment has signed a financing agreement amounting to 8.4 billion real, or about 2.2 billion US dollars for Jeddah City development, including Jeddah Tower.

Currently the construction of Jeddah Tower has reached the 26th floor of a total of 200 floors to be built.

Skyscraper that would be taking off 1 kilometer and is projected for completion in 2020. In comparison, the Burj Khalifa stands 830 meters tall.

“With this agreement, we will have a new achievement, namely the development of the highest property and will fulfill the company’s goal to create a world-class urban center that offers a lifestyle going forward,” CEO jleas Economy Company Jeddah, Mounib Hammoud.

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