Gulf Finance, a UAE based boutique finance company, believes that the 3rd Arabian Business Forum held recently at the Armani Hotel, Dubai, served as the perfect platform for the regional business community to discuss new market opportunities even as the economy steadily recovers from the consequences of the global financial crisis.
Dubai's Department of Finance, which launched a roadshow for a benchmark-sized sovereign bond issue in London yesterday, is likely to launch a dual tranche issue with 5-year and 10-year maturities, bankers familiar with the fundraising process said yesterday.
The chairman compared Jeddah Gate with the Burj Khalifa, the world’s tallest tower built by Emaar in Dubai. “The two projects both began in May 2005,” he said. “Burj Khalifa was opened, while Jeddah Gate is still under construction.”
Back in the good old days, it was enough for a billionaire designer at the top of his or her game to own a super-yacht, a private island, a Manhattan penthouse, a Tuscan villa and a chalet in Gstaad.
A businessman was acquitted today of threatening to blow up the Burj Khalifa unless he was paid a million dollars. J F, 38, from India, used another man's mobile phone to send the threat by text to a police officer, in an effort to have the other man arrested and jailed, Dubai Criminal Court was told. He was caught when he boasted about what he had done to a hotel nightclub barman, who reported the boast to the victim.
He recollects the day he was invited to Emaar Properties' sales office, where apartments at Burj Khalifa were being sold. "I waited for five hours in a queue and found that all except the 100th floor was sold out. I immediately bought this entire floor because, I believe, it is a prestigious address,"
Are you aware of the fact that the real estate market in Dubai has really hit the skies with foreign investors? The reason is that all the investment gurus are lining to invest hundreds of millions of dollars in the city, thanks to the gorgeous buildings been erected. All of us are aware of the Burj Khalifa?
World Travel Awards is set to kick off their 2011 Grand Tour with the Middle East Gala Ceremony, taking place at Armani Hotel Dubai on 2nd May. Hailed as the ‘Oscars of the travel industry’ by the Wall Street Journal, more than 400 senior industry figures from the region’s leading travel and tourism companies, as well as a host of international media, will be in attendance.