Jeddah Tower Expected To Become World's Tallest Building

  • 8 years ago
A deal has been made to secure the funds to finish building Jeddah Tower, which would be the new world’s tallest skyscraper at 3,280 feet high.

A construction project has reached a financial milestone in its bid to produce the tallest building in the world. 

CNN reports that an additional $2.2 billion has been secured to continue developing Saudi Arabia’s Jeddah City which features the record breaking skyscraper Jeddah Tower. 

The deal was made between Jeddah Economic Company, an affiliate of Kingdom Holding, and the Alinma Investment group whose related bank will provide funding.

According to a press release, part of this money will

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