Saudi Prince and billionaire Al-Waleed bin Talal says he will build the world's tallest building, planned to be over a kilometer (3,281 feet) high. The tower will be built in the Saudi town of Jeddah and will be part of a larger project that will cost $26.7 billion, (100 billion Saudi riyals) said the Prince's firm, Kingdom Holding Company.
It seems there is a race in the region to build the tallest building. First there is Burj Dubai which is work in progress. Then as announced in Dubai's Cityscape RE show there will be another Dubai tower to rival the Burj. Now Al-Waleed has entered the race.
This reminds me of a quote from somewhere that I could not retrieve. I thought it was Martin Luther King. Basically it is about how we took to the space and learned to fly and still can't seem to walk straight and treat each other fairly.