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The development of the tower is being managed by Emaar Properties PJSC, the United Arab Emirates’ biggest real-estate company by market value, the newspaper said, citing the official. Emaar is the developer of Dubai’s Burj Khalifa, currently the world’s tallest tower and which the Kingdom Tower will overtake.

It beat off Dubai's Burj Khalifa, the world's tallest building, at a ceremony organised by the Council on Tall Buildings and Urban Habitat (CTBUH). Broadcasting Place, on Woodhouse Lane, was shortlisted for the award after being voted Europe's best tall building by the CTBUH in June.

The 500-employee company, which will take part at the Big 5 PMV exhibition in Dubai from November 22 to 25, has supplied cranes to outstanding developments and building projects such as the Burj Khalifa, DIFC, Emirates Mall and Jumeirah Beach Residences in Dubai, the Reem Island Development, Adnoc headquarters and the ADIA Tower in Abu Dhabi, among others.

Dubai property owners are caught in the twin-grip of declining rentals and unsustainably high service fees being charged by developers, pushing their return on real estate investment further down. Maintenance fees at some locations, including for Downtown Dubai and the Burj Khalifa tower in particular, are as high as 45 per cent of the annual rentals, further adding to the woes of investors who have seen valuations of some of their properties decline by almost 50 per cent over the past couple of years.

Buildings that end up in the Guinness Book of Records are standard in the UAE. They come in all shapes and sizes from the world's tallest tower, Emaar's Burj Khalifa in Dubai, to the world's roundest office building, Aldar's circular HQ in Abu Dhabi, and "iconic" is the default description for every major new project.

With its numerous casinos, resorts, and showy leisure establishments, Macau has gained for itself the monicker “New Las Vegas” and has since been remembered, more than anything else, for this name. Among the famous international hotel chains looking in its direction are MGM Grand, Wynn Hotel and Casino, Four Seasons, and the Venetian to name a few. A trip to Macau is best remembered for the city’s vibrance and the spectacular lights of its imposing, multi-million casinos.

Armani Hotel Dubai’s Armani/Hashi Japanese restaurant and lounge has launched a Friday brunch boasting fresh fish flown in daily from across the globe and it has already proved to be a hit with diners. Speciality beverages will also be served up as part of the brunch from 12pm – 3.30pm for prices ranging from AED290 to AED585. Children can enjoy the food for AED145.

As part of Dubai's final preparations to host the shoot of the latest instalment of 'Mission: Impossible', His Excellency Ahmed Abdullah Al Sheikh, Director General of the Dubai Government Media Office met this week with movie star Tom Cruise, director Brad Bird and senior cast, crew, and officials from Paramount in the Czech capital, Prague. Dubai's landscape features beautiful natural beaches and deserts, as well as some of the most impressive man-made attractions and mega projects like Burj Khalifa, the tallest building in the world, the Burj Al Arab hotel, the world's only seven star hotel, and Meydan the largest horse racing track in the world.

In addition to KidZania, Emaar Retail LLC manages a strong portfolio of exclusive leisure and retail concepts including Dubai Aquarium & Underwater Zoo featuring over 33,000 aquatic animals and the world's largest acrylic viewing panel; the Olympic-sized Dubai Ice Rink; Reel Cinemas, the UAE largest megaplex with 22-screens; and the region's largest SEGA indoor theme park, SEGA Republic - all in The Dubai Mall. Reel Cinemas also recently introduced the first 'premier' Cineplex at Dubai Marina Mall.

Prime Hospitality announced, recently, that they are opening the first Chopsticks restaurant location in the UAE during the first fortnight of November at The Dubai Mall, to be located at Level 2 of the mall facing The Dubai Fountain. Plans to develop the Chopsticks brand in the UAE were initiated with the signing of a franchise agreement with Chopsticks Lebanon earlier this year.