Close X
Friday, November 29, 2024
ADVT 
International

Bin Laden family-owned group to build Africa's highest tower

Darpan News Desk IANS, 03 Dec, 2014 10:16 AM
     A construction group owned by the family of Osama bin Laden is to build a 514-metre high tower in Casablanca, the economic capital of Morocco that will be the tallest on the African continent.
     
    The project by the Saudi Alturki Holding Group represents a total investment of $1.5 billion and will be sited in the downtown area of Anfa City.
     
    Executive director Osama el-Husseiny said the latest technologies would be applied in building the 114-storey tower and noted that the number of floors was identical to the number of chapters in the Quran.
     
    The group is also planning to construct a 250-hectare modern city in Bouskoura, south of Casablanca, according to the firm's executive director.
     
    He said he regretted that the Gulf states' investment in the North African country has fallen off, but said this could be remedied through contacts between investors on both sides and by opening a joint chamber of commerce.
     
    Trade between Morocco and the Gulf countries reached $2.6 billion in 2013, of which 80 percent came from Saudi Arabia, according to the latest figures released by the Moroccan Foreign Exchange Office. 

    MORE International ARTICLES

    Australian Batsman Phillip Hughes Dies Two Days After Being Hit By Ball During Cricket Match

    Australian Batsman Phillip Hughes Dies Two Days After Being Hit By Ball During Cricket Match
    Australian batsman Phillip Hughes, who was struck on the head by a cricket ball died in hospital, authorities said Thursday.

    Australian Batsman Phillip Hughes Dies Two Days After Being Hit By Ball During Cricket Match

    'Death By A Thousand Cuts:' Memo To PM Questions Across-the-board Budget Cuts

    'Death By A Thousand Cuts:' Memo To PM Questions Across-the-board Budget Cuts
    OTTAWA — Prime Minister Stephen Harper was briefed earlier this year on how across-the-board budget cuts hurt public service morale, productivity and citizen satisfaction.

    'Death By A Thousand Cuts:' Memo To PM Questions Across-the-board Budget Cuts

    Indian-origin IS member poses with newborn on Twitter

    Indian-origin IS member poses with newborn on Twitter
    An Indian-origin Islamist who skipped bail in Britain to join the Sunni radical group Islamic State (IS) in Syria has posed on Twitter with his newborn son hailing....

    Indian-origin IS member poses with newborn on Twitter

    Bell Tells CRTC Says Telecom Markets Don't Need More Regulation

    Bell Tells CRTC Says Telecom Markets Don't Need More Regulation
    GATINEAU, Que. — Canada's Internet market is already highly competitive and should not be regulated further, says one of the country's largest players.

    Bell Tells CRTC Says Telecom Markets Don't Need More Regulation

    'Indian-origin woman killing in Sydney too well-planned'

    'Indian-origin woman killing in Sydney too well-planned'
    The case of an Indian woman's killing by her jilted NRI husband is being heard in Australia and the police report indicates that the incident was so well-planned...

    'Indian-origin woman killing in Sydney too well-planned'

    Municipal Workers Stage Rolling Protests Across Quebec Against Proposed Pension Reforms

    Municipal Workers Stage Rolling Protests Across Quebec Against Proposed Pension Reforms
    MONTREAL — Noisy and disruptive demonstrations are rolling across the province today as municipal workers hold a 24-hour protest against proposed pension reforms.

    Municipal Workers Stage Rolling Protests Across Quebec Against Proposed Pension Reforms