Saudi Arabia-based Kingdom Holding Company, headed by Prince Al Waleed Bin Talal, is going ahead with its plan to build a 1.6-kilometre-high tower in the Red Sea port city of Jeddah. Report from October, 2010
Despite an economic slowdown in much of the world and falling oil prices design work has continued on the Smith and Gill penned Kingdom Tower in Jeddah. The intentions are to create what will be the tallest building in the world, although as of yet no one has much idea of just how tall it will be. Heights mentioned have gone all the way from 1,001 metres upwards.