Develped by Al Noor Investment LLC (www.alnoorcities.com) based in Dubai.
Chairman : Dr. Sheikh Tarek Mohammed Binladen
CEO :
Muhammad Ahmed Al-Ahmed
Construction is supposed to begin next year, after the terms of sovereignty for the tax-free metropolises have been agreed. By 2025, says Mr Ahmed, Djibouti’s Noor City will have 2.5 millions people and its Yemeni twin 4.5 millions. Several million jobs will be created. An airport serving both cities will, he says, attract 100 m passengers a year. A 28.5 km bridge across the strait will connect Arabia and Africa by road, rail and pipelines, its towers among the tallest on earth. The cost? A mere $200 billion or so.
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