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1/21/2010 Update

  • Dubai Tower

    Dubai tower or Burj Khalifa is the largest structure in the world. It is about 2625 feet high and has more than 160 stories. It took five years to complete the construction of this building (from September 2004 to October 2009). …

  • Dezeen » Blog Archive » Burj Khalifa by SOM

    Here are some photos of the tallest building in the world, the Burj Khalifa by Chicago office Skidmore, Owings and Merrill, which opened in Dubai earlier this month. The 828 metre skyscraper includes residences, offices, a hotel and an …

  • Gebrselassie aims to beat his record in Dubai – Sports- nbcsports

    Double Olympic champion and marathon world record holder Haile Gebrselassie talks to the journalists during a press conference in Dubai, United Arab Emirates, Wednesday Jan. 20, 2010. Haile Gebrselassie, 36-year-old Ethiopian champion …

  • Dubai World Removes Private Equity CEO Jackson as Company

    Abu Dhabi, the wealthiest member of the United Arab Emirates, provided a $20 billion bailout in 2009 for Dubai as the emirate ran into difficulties meeting payments on debt used to finance real-estate projects. ‘Maximize Value’ Debt from subsidiaries … Dubai, the second-biggest of seven states that make up the UAE, and its state-owned companies borrowed at least $80 billion until 2008 to transform the emirate into a tourism and financial hub. The seizure of debt markets …

  • the burj khalifa: capital excess and worker exploitation « the commune

    The Burj Dubai, the world’s tallest building was opened with impressive light and sound shows as well as a breath-taking fireworks demonstration. This structural marvel was renamed the Burj Khalifa for Sheikh Khalifa bin Zayed who had … September 2005 – largest worker protest and strike in United Arab Emirates history. • March 2006 – Approximately 2500 workers were waiting for buses to take them back to their living quarters at the end of the day when guards began to …

  • Is Dubai's Debt Actually $170 Billion, Twice As Much As Previously

    burj-dubai-tower-opening Only hours after it emerged that Dubai did not receive half of its $10 billion bailout, new numbers suggest that the Emirate is actually in $170 billion of debt not $80 billion like it said. …

  • Some Dubai World Creditors Said to Seek Loan Sale – DealBook Blog

    Some creditors to Dubai World, which is currently restructuring $22 billion of debt, are seeking to offload loans to reduce their exposure to the Gulf emirate’s conglomerate, The Financial Times reported.

  • $1 million prize awaits Haile in Dubai | Ethiopian News

    The 36-year-old Ethiopian, considered by most experts to be the greatest distance runner in history, has been asked the same question since 2008, when he first took part in the Standard Chartered Dubai Marathon. His answer? … When it is over he hopes for a chance to absorb some local colour by visiting the Burj Khalifa before heading home to Ethiopia. “I would love to see this building,” he says. “It is something very special. It is a new technology.” …

  • Dubai Group plans to sell stake in Oman business | TopNews Arab

    Dubai’s ruler owned investment firm- Dubai Group is reportedly working out plans for selling stakes in Oman National Investment Corp Holding (ONIC). Persons close to the development claimed that Dubai Group proposes to sell 41 per cent …

  • The Morning Dig: Move Over Dubai Edition » INFRASTRUCTURIST

    Forget Dubai — Abu Dhabi is emerging as the new architectural powerhouse in the UAE. And the centerpiece is Masdar, an entirely carbon-neutral city that is currently under construction. Here are initial pictures from the nearly-complete …

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