Kingdom Tower, Saudi Prince Alwaleed bin Talal’s project to erect the world’s tallest building in Jeddah, is designed to imitate the contours of a sprouting desert plant. Adrian Smith’s task is to make sure it doesn’t sway in the wind like one.
Kingdom Holding Co. has awarded the design contract for its mile-high Kingdom Tower in Jeddah to Adrian Smith & Gordon Gill Architecture, Dubai-based Gulf News reported, citing an official it did not identify.
Emaar Properties PJSC , the builder of the world’s tallest tower in Dubai, reported a 45 percent decline in first-quarter profit, missing analyst estimates, as it delivered fewer units in Burj Khalifa.
A mile-high skyscraper, almost double the height of today’s tallest building, may become a reality by 2025 as developing countries splurge cash in an ego- fueled race to construct the world’s highest tower.
Prince Alwaleed Bin Talal sits under an almost full moon near a campfire at his rustic retreat in Riyadh, Saudi Arabia. He’s surrounded by a zoo with zebras and giraffes, an artificial lake and a lodge that has an indoor pool, saunas and steam rooms. Three hooded falcons are perched on stands in front of him.
After losing billions on U.S. stocks beginning in 2000, Alwaleed Bin Talal says he may become richer than the Oracle of Omaha. His strategy: holding an IPO for his luxury hotels and building the world’s tallest tower in his homeland.