BUSINESS & JOBS

The 64 million sq ft Business Bay is set to become home to about 191,000 people across 240 towers when completed. “The location they are in right now gave them such a favourable rate it is actually cheaper to rent than to fit out a new office so we said we will wait for a couple of years,” Lufti said.

I almost loathe to share with you my new secret place in Dubai for fear of y'all stampeding it, resulting in yours truly not being able to get a table anymore! But in the spirit of passing good news along and spreading the love, and the fact that no doubt the good news is circulating like juicy gossip, my new oasis in the desert is The Pavilion Downtown Dubai.

Both residential developments are popular among expatriates and have their own fan base, say experts. Arabian Ranches and Springs, both popular residential communities developed by Emaar, are neck and neck when it comes to preference among the expat community.

Hills Advertising, LLC, one of the growing advertising company in the Middle East, recently celebrated its 10th Anniversary last April 5 at the prestigious Armani Hotel Burj Khalifa with 260 guests coming from the diplomatic community, various CEOs of Dubai's top companies, and other leaders of the advertising industry.

Shares in the UK engineering consultant, which worked on the Burj Khalifa tower in Dubai, rose 6pc on Wednesday after it said a pick-up in the Middle East meant profits in the year to March 31, 2011, should beat expectations.

The emirate's malls now attract more international brands than the boulevards of Paris and the avenues of New York, a survey has found. Sharing the top spot with London, Dubai now has more than half of the world's international brands, and combined with Abu Dhabi, makes the UAE the second-biggest retail market in the world, just behind the UK.

Emaar Properties, the developer of the tower, said in February that it had handed over 770 units in Burj Khalifa. The 2,717-feet high tower has 900 studio, one, two, three and four bedroom, while the Armani Residences has 144 fully furnished private apartments. It offers luxurious recreational and leisure facilities including four swimming pools, an exclusive residents’ lounge; health and wellness facilities; At.mosphere, the world’s highest fine dining restaurant at level 122 and At the Top, the world’s highest observatory deck with an outdoor terrace on level 124.

In the shadow of the Burj Khalifa, the word "artwork" is taking on an entirely new meaning. While most people go to art centres to soak up the culture, some visitors to Dubai's newest space are there for a much more serious purpose: for them, the light and airy Pavilion Downtown Dubai is the perfect place to get on with their work.

“Even if events remain fluid and the impact on the property sector is difficult to gauge at this stage, we believe the Egyptian real-estate market is likely to remain uncertain for some time,” analysts Nabil Ahmed and Athmane Benzerroug said in a note to clients dated on Thursday.

VIM, a regional leader in display solutions, has provided the LED screen technology for StarFM Radio and installed at KidZania, a Mexican chain of family entertainment centers, located at Dubai mall, world's largest shopping mall located under Burj Khalifa in Dubai.