BUSINESS & JOBS

Although his project The Trump International Hotel and Towers project may have been cancelled in Dubai, Donald Trump is quite “jealous” of the UAE’s achievements which include the world’s tallest tower – the Burj Khalifa. Trump also emphasised that all these projects make the Gulf region an important player in the emerging world.

Shares of Arabtec, builder of the Burj Khalifa world's tallest tower in Dubai, have surged this year on speculation investors are accumulating the stock on bets the company will benefit from regional infrastructure spending. Aabar Investments, the Abu Dhabi government company which owns stakes in Daimler and UniCredit, raised its ownership in Arabtec to 5.28 per cent this week.

Standing majestically in the heart of Dubai is Burj Khalifa, the tallest building in the world. It glows in the morning sun and the magnificent, beautiful architecture begs you to “climb” it. The masterpiece in downtown Dubai is surrounded by a lake, a park, hotels, high-end residences, shopping malls including the biggest shopping centre in the world, The Dubai Mall.

Job seekers thronged the Emaar headquarter in Emaar Business Park building number 3 located in the Greens on Friday early morning to try their luck for a limited number of customer service jobs advertised by the company's unit. From Friday early morning, smartly-dressed job seekers of different nationalities poured in for walk-in interviews - even from other emirates – for the job of Customer Service Assistants at Emaar Retail LLC.

The largest residential real estate transaction in Dubai last year was registered in Burj Khalifa with the price topping Dh28 million, according to Reidin.com. The 11,355 square foot space was sold for Dh28.15 million, or Dh2,479 per square foot, in October 2011. The second largest transaction was again in Burj Khalifa, for a Dh7,910 square feet unit which was sold for Dh28 million, Dh3,910 per square feet, in February 2011.

EMKE group founder Yusuffali M. A. won the coveted “lifetime achievement Award” at the inaugural Indian CEO Awards held at Dubai’s Armani Hotel. The retail giant was one of 16 leaders honored in the first-ever event to recognize the achievements on Indian business leaders.

Located in the Dubai Mall, one of the world’s largest shopping malls, the impressive 110 square meter salon features Harry Winston’s most iconic jewelry and timepiece collections. “Harry Winston salons find their home in the world’s finest shopping destinations, and we are thrilled to open a second new location in Dubai,” said Frederic de Narp, President & CEO of Harry Winston, Inc.

“There was no fire and no other accident at the Burj….heavy fog in the city gave the impression to many people that there was fire,” Colonel Ali Ghanem, head of Bur Dubai police station, said, quoted by Emirat Alyoum newspaper. Twitteratis, however, continue to tweet despite police denial of any fire at the world’s tallest tower in Dubai.

Design Days Dubai, the Middle East and South Asia’s first fair dedicated to collectible and limited edition design, will take place in Dubai next month. Held in partnership with the Dubai Culture & Arts Authority (Dubai Culture) from March 18-21, 2012 in Downtown Dubai, the fair is a forward-thinking concept that presents exclusive and limited edition furniture, objects and works by international designers.

At.mosphere restaurant on the 122nd floor of Burj Khalifa, Dubai’s final extravagance before the financial crisis, offers a vista of the boom years. Floor-to-ceiling windows look out over the sail-shaped Burj al-Arab hotel, Sol Kerzner’s $1.5 billion Atlantis resort jutting out from the tip of the manmade Palm Jumeirah island, and beyond that, a huddle of towers near Dubai Marina.