According to media news Saudi Arabia's Prince Alwaleed bin Talal plans to build the world's tallest building in Jeddah less than two years after the Burj Khalifa opened in Dubai. Investment firm agrees to $1.2 billion deal to build Kingdom Tower exceeding more than three thousand feet, also break the record of current tallest building. True reality is that now a days due to lack of spending on education and research Muslim and Arab world is passing through worst stage of its history. Poverty, hunger, political uncertainty and lack of medical facilities has became part and parcel of lives of their people. Several African countries also passing through worst drought of modern history. Due to lack of better education and research facilities thousand of young talented people are going to western countries for search of better future and jobs. Modern countries are getting benefit from their talent and abilities. According to a Unesco latest characteristics Asian Arab countries spend less than 0.1 percent of their total income on research work which is five times less than African countries which are spending 0.5 percent of their total income. No University belong to Islamic countries is included in world top 500 universities. True realty is that world tallest building in Dubai could not stop fall dawn of Dubai economy. Instead of spending huge amount of money on high rise buildings and other luxuries high spending on education, universities and research centers can provide better opportunity to young generation and also can bring economic revolution in Islamic countries.
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