A consortium of three Saudi and Emirati companies plans to build a US$26.7 billion (euro22.4 billion) city on the Saudi Arabian seaside that is being called the largest-ever private development in the kingdom's history. The planned city, dubbed King Abdullah City, will send skyscrapers, wharves, warehouses and housing sprawling across 55 square kilometers (21 square miles), including 35 kilometers (20 miles) of Red Sea coastline, just north of the kingdom's commercial hub of Jeddah
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