14 Dec 2014
(MENAFN) Dubai-based Middle East Development LLC, which is owned by a Saudi investor, announced it is planning to invest USD1 billion in building Africa’s tallest building in Morocco, with construction of the 114-storey tower to begin in June, The Peninsula Qatar reported.
The skyscraper in Casablanca, which will be 540 meters high, would become the tallest skyscraper in Africa by beating the 223-meter Carlton Centre in Johannesburg which currently holds the title for tallest building on the continent.
“We chose Morocco because it is the gateway to Africa and Europe, a modern country and politically stable. The height of the tower is 540 meters to remind us that Africa has 54 countries. Everyone in Africa will feel part of that tower,” The Project Manager was quoted saying.
The tower, which is due for completion in June 2018, is expected to have 114 floors, the number of surahs in Quran, while the fa”ade of the building will be covered by patterns representing Africa’s 1.000 languages, and the tower itself will include a seven-star hotel, a business center and a shopping mall.
05 Aug 2024
With the support of BBK, BIBF and BJA hold a graduation ceremony for journalists completing the training program
09 Jun 2024
BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more