£736m multi-purpose Kingdom Tower in Jeddah will stand 1,000 metres tall, surpassing Dubai's Burj Khalifa.
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Kingdom Holding Co, the investment firm headed by the billionaire Prince Alwaleed bin Talal, said it signed the deal with the Binladen Group to build the 1,000-metre Kingdom Tower on the outskirts of the Red Sea city of Jeddah. The Saudi construction group is owned by the family of Osama bin Laden.
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