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Emaar
Emaar Properties (Emaar Developments or simply Emaar) is an Emirati multinational real estate development company located in the United Arab Emirates. It is a public joint-stock company, listed on the Dubai Financial Market, and has a valuation of US$15.5 billion as of June 2021. With six business segments and 60 active companies, Emaar has collective presence in 36 markets across the Middle East, North Africa, Asia, Europe and North America. Emaar Properties Dubai is one of the largest real estate developers in the UAE and is known for various large-scale projects such as developing Burj Khalifa, the tallest building in the world. In 2021 and 2022, Emaar generated controversy when their Marassi project on Egypt’s mediterranean coast caused widespread erosion and great environmental damage of nearby beaches. Widespread outrage on social and traditional media has since been directed at the real estate firm, demanding reimbursement and an explanation. Emaar is said to have dev ...
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Emaar Developments
Emaar Developments is the UAE-based property development arm of Emaar Properties. The company develops residential and commercial property, shopping malls and other retail assets and as well as hospitality and leisure attractions. Background Emaar Development is headed by founder Mohammed Alabbar and CEO Chris O'Donnell. With the support of the parent company, Emaar Properties, Emaar Development has developed projects such as Emirates Living, Dubai Marina and Downtown Dubai. Since 2002, Emaar Development has delivered over 34,500 residential units, and, according to JLL, approximately 22 percent of all freehold residential units in Dubai are located in Emaar Development's communities. Emaar Development oversees all aspects of an integrated lifestyle master plan community development, from its initial concept development and design, through construction, to sales and marketing. Partnering with regional construction firms, they maintain oversight and seek to ensure that their ...
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Emaar India
Emaar India Limited is a real estate developer principally engaged in promotion, construction, development and sale of integrated townships, residential and commercial multi storied buildings, houses, flats, shopping malls, hotels, and other developments. The company develops residential and commercial projects in different parts of India, including Gurugram, Delhi/NCR, Mohali, Lucknow, Indore and other Indian cities. Emaar started its operations in 2005 and has been known for bringing in the largest foreign direct investment in the construction-development sector of India. The Company is promoted by Emaar Properties PJSC, Dubai (“Emaar”). Being a subsidiary of Emaar, the company is also controlled and managed by Emaar in India. Emaar is a public company established in 1997 under the laws of Dubai, UAE and is listed on the Dubai Financial Market. Its market capitalization is over billion and assets are valued at over billion. It has developed master-planned communiti ...
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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 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 in East Berlin, the former East German parliament. The building was opened in 2010 as part of a new development called Downtown Dubai. It was designed to be the centerpiece of large-scale, mixed-use development. ...
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Downtown Dubai
Downtown Dubai or The Dubai Downtown, is a large-scale, mixed-use complex in Dubai, United Arab Emirates. The Dubai Downtown was created by the Emaar Real Estate Development Company. Before 2000, the place was called Umm Al Tarif. It is home to some of the city's largest landmarks including Burj Khalifa, The Dubai Mall, and The Dubai Fountain. It covers an area of , at an estimated cost of US$20 billion (Dh73 billion) upon completion and as of 2017, had a population of 13,201. The development is situated along Sheikh Zayed Road, across from Al Wasl locality on the northwest. It is bounded to the south by Business Bay and to the northeast by Financial Centre Road, which separates it from Zabeel 2 and Trade Centre 2. Arabic low-rise vernacular style of architecture is present in the Old Town, while high-rise contemporary buildings dominate the rest of the development. Downtown Dubai offers a range of high-end hotels such as Address Downtown, Vida Downtown, Al Manzil Downtown, as w ...
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Emaar Pakistan
Emaar Pakistan is a subsidiary of the Dubai-based real estate development company Emaar Properties. The company develops residential and commercial projects in different parts of Pakistan, including Crescent Bay, Karachi and Canyon Views, Islamabad. Emaar Panorama Karachi Location Emaar Crescent Bay, DHA Phase VIII, Karachi – Pakistan History In May 2004, Defence Housing Authority, Karachi and Emaar Pakistan signed a memorandum of understanding to construct Crescent Bay, Karachi Crescent Bay is a under-construction upscale mixed-use oceanfront development in Defence, Karachi, Pakistan consisting of 50 towers. It is one of the biggest projects in Karachi, Pakistan. The development features 50 high and mid-rise towers .... In 2007, Emaar began construction of Crescent Bay. In 2006, Emaar Pakistan announced to develop over 100 acres mixed-use Canyon Views in Islamabad at cost around US$2.4 billion. In November 2008, Dr Dia Malaeb was appointed as new CEO of Emaar Pakis ...
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Dubai Marina
Dubai Marina ( ar, مرسى دبي), aka Marsa Dubai, is a district in Dubai, United Arab Emirates. It is an artificial canal city, built along a stretch of Persian Gulf shoreline. As of 2018, it has a population of 55,052. When the entire development is complete, it will accommodate more than 120,000 people in residential towers and villas. It is located on Interchange 5 between Jebel Ali Port and the area which hosts Dubai Internet City, Dubai Media City, and the American University in Dubai. The first phase of this project has been completed. Dubai Marina was inspired by the Concord Pacific Place development along False Creek in Vancouver, BC, Canada. There have been many instances of marine wildlife (especially whales and sharks) entering the marina, because of its proximity to the open sea. Development In order to create the man-made marina, the developers brought the waters of the Persian Gulf into the site of Dubai marina, creating a new waterfront. There is a large centr ...
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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 nineteen m ...
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Mohamed Alabbar
Mohamed Alabbar ( ar, محمد علي العبار), (born November 8, 1956) is an Emirati businessman who is best known as the founder of Emaar Properties, the developer of assets such as the Burj Khalifa and the Dubai Mall, as well as the chairman of Eagle Hills, an Abu Dhabi-based private investment and real estate development company. Alabbar is also a co-founder of Noon.com, an e-commerce company and the chairman of Americana Group, in food industries. Early life Mohamed Alabbar was born in Dubai and is the eldest of 12 children. His father was the captain of a traditional trading vessel known as a dhow and raised his children in the Rashidiya area of Dubai. In the 1970s, Alabbar received a government scholarship to study finance and business administration from The Albers School of Business and Economics at Seattle University. Alabbar graduated from Seattle University in 1981 with a degree in Business Administration. He also received an honorary doctoral degree in hum ...
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New Year's Eve
In the Gregorian calendar, New Year's Eve, also known as Old Year's Day or Saint Sylvester's Day in many countries, is the evening or the entire day of the last day of the year, on 31 December. The last day of the year is commonly referred to as “New Year’s Eve”. In many countries, New Year's Eve is celebrated with dancing, eating, drinking, and watching or lighting fireworks. Some Christians attend a watchnight service. The celebrations generally go on past midnight into New Year's Day, 1 January. The Line Islands (part of Kiribati) and Tonga, in the Pacific Ocean, are the first places to welcome the New Year, while American Samoa, Baker Island and Howland Island (part of the United States Minor Outlying Islands) are among the last. By region Africa Algeria In Algeria, New Year's Eve (french: Réveillon; '' ar, Ra’s al-‘Ām'') is usually celebrated with family and friends. In the largest cities, such as Algiers, Constantine, Annaba, Oran, Sétif, and Béjaïa ...
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Dubai Financial Market
The Dubai Financial Market (DFM) ( ar, سوق دبي المالي) is a stock exchange located in Dubai, United Arab Emirates. It was founded on 26 March 2000. Overview , there are 67 companies listed on DFM. Most of them are UAE-based companies and a few others are dual listings for companies based in other MENA region countries. Foreign companies are from the following countries: Kuwait, Bahrain, Oman, and Sudan. Many companies allow foreigners to own their shares. During 2004 and 2005, there were significant increases in the volume of shares traded and the share prices of many companies. However, towards the end of 2005 and through the first few months of 2006 the bubble burst and share values dropped by around 60% on DFM, along with similar decreases in most other Persian Gulf stock markets. DFM is one of three stock exchanges in the UAE. Abu Dhabi Securities Exchange (ADX) also lists mostly UAE companies and NASDAQ Dubai was set up to trade international stocks. DFM and A ...
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Giorgio Armani
Giorgio Armani (; born 11 July 1934) is an Italian fashion designer. He first gained notoriety working for Cerruti and then for many others, including Allegri, Bagutta and Hilton. He formed his company, Armani, in 1975, which eventually expanded into music, sport and luxury hotels. By 2001 Armani was acclaimed as the most successful designer of Italian origin, and is credited with pioneering red-carpet fashion. In 2010, he opened the Armani Hotel in Burj Khalifa, the world's tallest building. He is also the richest openly LGBT (bisexual) person in the world. According to Bloomberg Billionaires Index, Armani has an estimated net worth of US$9.53 billion, as of 2021. Early years Armani was born in the northern Italian town of Piacenza, where he was raised with his older brother Sergio and younger sister Rosanna by his mother Maria Raimondi and father Ugo Armani (an accountant for a transport company). While at secondary school at the Liceo Scientifico Leonardo da Vinci in Mil ...
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Dubai Downtown Model
Dubai (, ; ar, دبي, translit=Dubayy, , ) is the most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, the most populated of the 7 emirates of the United Arab Emirates.The Government and Politics of the Middle East and North Africa. D Long, B Reich. p.157 Established in the 18th century as a small fishing village, the city grew rapidly in the early 21st century with a focus on tourism and luxury, having the second most five-star hotels in the world, and the tallest building in the world, the Burj Khalifa, which is tall. In the eastern Arabian Peninsula on the coast of the Persian Gulf, it is also a major global transport hub for passengers and cargo. Oil revenue helped accelerate the development of the city, which was already a major mercantile hub. A centre for regional and international trade since the early 20th century, Dubai's economy relies on revenues from trade, tourism, aviation, real estate, and financial services.
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