2020 - Tallest tower in the world - Dubai

Mohamed Alabbar, chairman of Emaar Properties is setting his sights on building a new contender for the world's tallest building, possibly in Dubai.

Mr Alabbar said he was considering building a tower taller than both the Burj Khalifa in Dubai and Kingdom Tower, under construction in Jeddah.

"I think we might try to do something a little taller," he said in Dubai today. "Technology has really improved, the value of tall buildings in the world is really important commercially. We have learned how to make money out of tall buildings."

Asked where the building might be located, Mr Alabbar said: "Maybe Dubai needs another tall building."

Under Mr Alabbar's leadership, Emaar completed the Buj Khalifa in October 2009, a tower spanning 829.8 metre in height and the world's current tallest building. But the Burj Khalifa is set to be overtaken by Kingdom Tower, a kilometre-tall skyscraper in Jeddah, due for completion in five years time.

Emaar Properties is helping develop the tower, with 25 engineers from the developer working on the project.

Mr Alabbar has previously suggested Asia could be a location for another tall building he was planning to build. He was speaking at the Africa Global Business Forum, taking place in the emirate.