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DAMAC Properties
DAMAC Properties is an Emirati property development company, based in Dubai, in the United Arab Emirates. In January 2015, DAMAC Properties was publicly listed on the Dubai Financial Market. The company operates internationally providing residential, commercial and leisure properties and has presence in the UAE, Saudi Arabia, Qatar, Jordan, Lebanon, Iran, Oman, and the United Kingdom. Finances In the year 2017, the total revenue recorded by DAMAC properties was AED 7.5 billion. In 2018, DAMAC Properties recorded total revenue of AED 6.1 billion. History The company was established on 28 January 2002, and is part of the DAMAC Group, formed in 1982, by Hussain Sajwani, the owner and chairman. In December 2013 DAMAC became the first real estate company from the Middle East to list on the London Stock Exchange (LSE) through a global depository receipts programme. The program raised US$379 million in the form of an IPO. Following an offer to exchange its outstanding Global Depository ...
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DAMAC Hotels & Resorts
DAMAC Properties is an Emirati property development company, based in Dubai, in the United Arab Emirates. In January 2015, DAMAC Properties was publicly listed on the Dubai Financial Market. The company operates internationally providing residential, commercial and leisure properties and has presence in the UAE, Saudi Arabia, Qatar, Jordan, Lebanon, Iran, Oman, and the United Kingdom. Finances In the year 2017, the total revenue recorded by DAMAC properties was AED 7.5 billion. In 2018, DAMAC Properties recorded total revenue of AED 6.1 billion. History The company was established on 28 January 2002, and is part of the DAMAC Group, formed in 1982, by Hussain Sajwani, the owner and chairman. In December 2013 DAMAC became the first real estate company from the Middle East to list on the London Stock Exchange (LSE) through a global depository receipts programme. The program raised US$379 million in the form of an IPO. Following an offer to exchange its outstanding Global Depository ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on '' Forbes'' survey of closely held U.S. businesses sold a trillion dollars' worth of goods and service ...
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Business Bay
Business Bay ( ar, الخليج التجاري: ''Al-Khaleej Al-Tijari'') is a central business district under construction in Dubai, United Arab Emirates. The project features numerous skyscrapers located in an area where Dubai Creek has been dredged and extended, and located immediately south of Downtown Dubai. Business Bay will have upwards of 240 buildings, comprising commercial and residential developments. The infrastructure of Business Bay has been completed in 2008, and the entire development was expected to be completed between 2012-2015.http://dubai-properties.ae/en/Flexible_Images/FactSheets/BBE.pdf Business Bay is part of the vision of His Highness Sheikh Mohammed Bin Rashed Al Maktoum, UAE Vice President, Prime Minister, Minister of Defence, and Ruler of Dubai. Business Bay will be a new 'city' within the city of Dubai and is being built as a commercial, residential and business cluster along a new extension of Dubai Creek extending from Ras Al Khor to Sheikh Zayed R ...
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Companies Based In Dubai
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial ...
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Property Companies Of The United Arab Emirates
Property is a system of rights that gives people legal control of valuable things, and also refers to the valuable things themselves. Depending on the nature of the property, an owner of property may have the right to consume, alter, share, redefine, rent, mortgage, pawn, sell, exchange, transfer, give away or destroy it, or to exclude others from doing these things, as well as to perhaps abandon it; whereas regardless of the nature of the property, the owner thereof has the right to properly use it under the granted property rights. In economics and political economy, there are three broad forms of property: private property, public property, and collective property (also called cooperative property). Property that jointly belongs to more than one party may be possessed or controlled thereby in very similar or very distinct ways, whether simply or complexly, whether equally or unequally. However, there is an expectation that each party's will (rather discretion) with rega ...
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Real Estate Companies Established In 2002
Real may refer to: Currencies * Brazilian real (R$) * Central American Republic real * Mexican real * Portuguese real * Spanish real * Spanish colonial real Music Albums * ''Real'' (L'Arc-en-Ciel album) (2000) * ''Real'' (Bright album) (2010) * ''Real'' (Belinda Carlisle album) (1993) * ''Real'' (Gorgon City EP) (2013) * ''Real'' (IU EP) (2010) * ''Real'' (Ivy Queen album) (2004) * ''Real'' (Mika Nakashima album) (2013) * ''Real'' (Ednita Nazario album) (2007) * ''Real'' (Jodie Resther album), a 2000 album by Jodie Resther * ''Real'' (Michael Sweet album) (1995) * ''Real'' (The Word Alive album) (2014) * ''Real'', a 2002 album by Israel Houghton recording as Israel & New Breed Songs * "Real" (Goo Goo Dolls song) (2008) * "Real" (Gorgon City song) (2013) * "Real" (Plumb song) (2004) * "Real" (Vivid song) (2012) * "Real" (James Wesley song) (2010) * "Real", a song by Kendrick Lamar from '' Good Kid, M.A.A.D City'' * "Real", a song by NF from ''Therapy Session'' * ...
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Burj Khalifa
The Burj Khalifa (; ar, برج خليفة, , Khalifa Tower), known as the Burj Dubai prior to its inauguration in 2010, is a skyscraper in Dubai, United Arab Emirates. It is known for being the world’s tallest building. With a total height of 829.8 m (2,722 ft, or just over half a mile) and a roof height (excluding antenna, but including a 242.6 m spire) of , the Burj Khalifa has been the List of tallest buildings and structures, tallest structure and building in the world since its topping out in 2009, supplanting Taipei 101, the previous holder of that status. Construction of the Burj Khalifa began in 2004, with the exterior completed five years later in 2009. The primary structure is reinforced concrete and some of the structural steel for the building originated from the Palace of the Republic, Berlin, Palace of the Republic in East Berlin, the former East Germany, East German Volkskammer, parliament. The building was opened in 2010 as part of a new development cal ...
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The Dubai Mall
The Dubai Mall ( ar, دبي مول "Dubai Mall") is a shopping mall in Dubai. It is the second largest mall in the world after the Iran Mall by total land area, and the 26th-largest shopping mall in the world by gross leasable area, tying with West Edmonton Mall and Fashion Island (Bangkok)—both of which are older than it. It has a total retail floor area of 502,000 square metres (5,400,000 sq ft). Located in Dubai, United Arab Emirates, it is part of the 20-billion-dollar Downtown complex (called Downtown Dubai) adjacent to the iconic Burj Khalifa, and includes over 1,200 shops. In 2011, it was the most visited building on the planet, attracting over 54 million visitors each year. Twice delayed, Dubai Mall opened on 4 November 2008, with about 1000 retailers, marking the world's second largest-ever mall opening in retail history behind West Edmonton Mall. However, it does not have the most gross leasable space, and is surpassed in that category by ninet ...
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Family-friendly
A family-friendly product or service is one that is considered to be suitable for all members of an average family. Family-friendly restaurants are ones that provide service to families that have young children. Frequently, family-friendly products avoid marketing solely to children and attempt to make the product palatable to adults as well. History of the concept The concept behind the term family-friendly is a friendly modern society and dates back to antiquity. The Ancient Romans called their society as the "way of elders". In India, it was known by the Hindus in Dharma as the "way of mammals", whose sequences are followed by deities. At present, family-friendly still continues to be a part of society along with mass media, event venues, fun centers, genealogy, traditions, values, leisure, hospitality, laws and politics. Politics In politics, new workplace legislation may be introduced to strengthen the family unit through giving parents more flexible family-frien ...
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Surfside Condominium Collapse
On June 24, 2021, at approximately 1:22 a.m. EDT, Champlain Towers South, a 12-story beachfront condominium in the Miami suburb of Surfside, Florida, United States, partially collapsed, causing the death of 98 people. Four people were rescued from the rubble, but one died of injuries shortly after arriving at the hospital.Teen boy was sitting beside his mom when Surfside building collapsed; family sues
, '''', Jane Musgrave, July 9, 2021. Retrieved July 24, 2021.
Eleven others were injured. Approximately thirty-five were rescued the same day from t ...
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Miami
Miami ( ), officially the City of Miami, known as "the 305", "The Magic City", and "Gateway to the Americas", is a coastal metropolis and the county seat of Miami-Dade County in South Florida, United States. With a population of 442,241 at the 2020 census, it is the second-most populous city in Florida and the eleventh-most populous city in the Southeastern United States. The Miami metropolitan area is the ninth largest in the U.S. with a population of 6.138 million in 2020. The city has the third-largest skyline in the U.S. with over 300 high-rises, 58 of which exceed . Miami is a major center and leader in finance, commerce, culture, arts, and international trade. Miami's metropolitan area is by far the largest urban economy in Florida and the 12th largest in the U.S., with a GDP of $344.9 billion as of 2017. According to a 2018 UBS study of 77 world cities, Miami is the second richest city in the U.S. and third richest globally in purchasing power. Miami ...
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