Saudi Alturki Holding Group, a construction group owned by the family of Osama bin Laden is planning to construct a 514-meter tower in Casablanca, the economic capital of Morocco. The US$1.5 billion construction project will be sited in the downtown area of Anfa City and is expected to be the tallest building in Africa.
According to Osama el-Husseiny – the company’s Executive Director, the building will feature the latest technologies and that the tower will have the same number of floors as the number of chapters in the Quran – 114-storeys. He also stated that there is a plan to construct a modern city in Bouskoura, south of Casablanca.
Data from the Moroccan Foreign Exchange Office shows that in 2013, trade between Morocco and the Gulf States reached $ 2.6 billion, with about 80% investment coming from Saudi Arabia.