BUSINESS & JOBS

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.”

Armani. A flagship in the brand’s steel-grey palate, looming over Milan’s Via Manzoni; a Dubai hotel, launched April 2010 with construction partner Emaar Properties. More hotels planned for Paris, New York, Tokyo and Shanghai. In talks to build a $600 million London hotel within sashaying distance of Harrods in London’s Knightsbridge.

Burj Khalifa, the world's tallest building developed by Emaar Properties, is redefining the aesthetics and luxurious comfort of everyday living through its sky lobbies, specially designed public spaces that offer residents and visitors a relaxed lifestyle experience.

"If a one-bedroom property in Downtown (Burj Khalifa) costs Dh75,000 per annum or Dh6,250 per month, a monthly mortgage repayment costs less. The same property might cost Dh1 million to purchase and if 20 per cent of its value is paid as a deposit over a 25-year period with a mortgage rate of 5.5 per cent, the monthly repayments would be Dh4,900," he explained.

The Ara - the Arabic name means to decorate or add beauty - has the Burj Khalifa and the Dubai Fountain as a backdrop. It opened in April to give a platform to emerging Arab talent. "The show really puts across the diversity of the UAE, there are seven artists using different mediums," she said. "And the location of the gallery is excellent."

The buzz is that the actor has purchased an apartment in the world's tallest tower, Burj Khalifa, in Dubai as a birthday present for himself. The 940 square-foot apartment, which is estimated to have cost nearly 2.8 million dirhams ( 3.5 crores), is said to be on the 29th floor and has a picturesque view of the dancing fountain .

Originally known as Burj Dubai, the building was planned during the city's orgiastic construction phase, where the sky was the limit, but completed after the bubble had burst. It was then renamed in honour of Abu Dhabi's ruler,Sheikh Khalifa bin Zayed, who rescued Dubai from its debt crisis.

Giorgio Armani Group said it achieved turnover of more than €6 billion (Dh31.38 billion) in 2010, with net profit rising 80 per cent over 2009 to €161.0 million. The group, which operates the Armani Hotel in Dubai's Burj Khalifa, also announced the opening of more than 80 points of sale in 2010, with worldwide shops, branded facilities and outlets amounting to 1,800.

He doesn’t need an introduction. But he now has a new address that his fans need to be introduced to. Malayalam matinee idol Mohanlal is set to be the latest Indian celebrity to add the Burj Khalifa tag to his address. Popularly known as Lalettan, the versatile actor, who already has a villa at Arabian Ranches, is finalising the purchase of a luxury apartment at the world’s tallest building, Khaleej Times has learnt.

Emaar Hospitality Group, the hospitality and leisure subsidiary of Emaar Properties PJSC, hosted its second annual UAE Career Fair to showcase the job opportunities within the Group. Nearly 120 career aspirants including students and hotel professionals visited the fair held at The Palace - The Old Town, Downtown Dubai.