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Emaar Group
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 devi ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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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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Dirhams
The dirham, dirhem or dirhm ( ar, درهم) is a silver unit of currency historically and currently used by several Arab and Arab influenced states. The term has also been used as a related unit of mass. Unit of mass The dirham was a unit of weight used across North Africa, the Middle East, Persia and Ifat; later known as Adal, with varying values. The value of Islamic dirham was 14 qirat, 10 dirham = 7 mithqal, in Islamic law (2.975 gm of silver). In the late Ottoman Empire ( ota, درهم), the standard dirham was 3.207 g; 400 dirhem equal one oka. The Ottoman dirham was based on the Sasanian drachm (in Middle Persian: ''drahm''), which was itself based on the Roman dram/drachm. In Egypt in 1895, it was equivalent to 47.661 troy grains (3.088 g). There is currently a movement within the Islamic world to revive the dirham as a unit of mass for measuring silver, although the exact value is disputed (either 3 or 2.975 grams). History The word "dirham" ultimately ...
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UAE Dubai Marina Img1 Asv2018-01
The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia (The Middle East). It is located at the eastern end of the Arabian Peninsula and shares borders with Oman and Saudi Arabia, while having maritime borders in the Persian Gulf with Qatar and Iran. Abu Dhabi is the nation's capital, while Dubai, the most populous city, is an international hub. The United Arab Emirates is an elective monarchy formed from a federation of seven emirates, consisting of Abu Dhabi (the capital), Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah and Umm Al Quwain. Each emirate is governed by an emir and together the emirs form the Federal Supreme Council. The members of the Federal Supreme Council elect a president and vice president from among their members. In practice, the emir of Abu Dhabi serves as president while the ruler of Dubai is vice preside ...
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Arab News
''Arab News'' is an English-language daily newspaper published in Saudi Arabia. It is published from Riyadh. The target audiences of the paper, which is published in broadsheet format, are businessmen, executives and diplomats. At least as of May 2019, ''Arab News'' was owned by Prince Turki bin Salman Al Saud, the brother of the ruling Crown Prince of Saudi Arabia Muhammad bin Salman (aka MBS). History ''Arab News'' was founded in Jeddah on 20 April 1975 by Hisham Hafiz and his brother Mohammad Hafiz. () It was the first English-language daily newspaper published in Saudi Arabia. ''Arab News'' is also the first publication of SRPC. The daily was jointly named by Kamal Adham, Hisham Hafiz and Turki bin Faisal. The paper is one of twenty-nine publications published by Saudi Research and Publishing Company (SRPC), a subsidiary of Saudi Research and Marketing Group (SRMG). The former chairman of SRMG and therefore, ''Arab News'' is Turki bin Salman Al Saud. He was succeeded by P ...
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Los Angeles Times
The ''Los Angeles Times'' (abbreviated as ''LA Times'') is a daily newspaper that started publishing in Los Angeles in 1881. Based in the LA-adjacent suburb of El Segundo since 2018, it is the sixth-largest newspaper by circulation in the United States. The publication has won more than 40 Pulitzer Prizes. It is owned by Patrick Soon-Shiong and published by the Times Mirror Company. The newspaper’s coverage emphasizes California and especially Southern California stories. In the 19th century, the paper developed a reputation for civic boosterism and opposition to labor unions, the latter of which led to the bombing of its headquarters in 1910. The paper's profile grew substantially in the 1960s under publisher Otis Chandler, who adopted a more national focus. In recent decades the paper's readership has declined, and it has been beset by a series of ownership changes, staff reductions, and other controversies. In January 2018, the paper's staff voted to unionize and final ...
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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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Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with ''USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ' ...
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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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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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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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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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