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DAMAC Properties
DAMAC Properties is an Emirati property development company, based in Dubai, United Arab Emirates. The company was founded by Hussain Sajwani and listed on the Dubai Financial Market in early 2015.Aya BatrawyTrump-linked tycoon to take Dubai developer DAMAC private Associated Press (June 9, 2021). It was delisted in 2022 after Privately held company, going private again; Sajwani, who retained 72% of all shares, purchased the remaining shares for 2.19 billion United Arab Emirates dirham, AED ($595 million United States dollar, USD). The company operates internationally. History DAMAC Properties was founded in 2002 by Hussain Sajwani,Jon GambrellAP Exclusive: Golf club shows pitfalls of Trump presidency Associated Press (January 4, 2017). a billionaire Emirati business tycoon. The company almost collapsed during the 2008 financial crisis. Early in the company's history, the company was criticized for poor-quality building work. In November 2013, DAMAC announced plans to raise app ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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Golf Course Community
A golf course community is a type of residential Subdivision (land), housing development built around a golf course. History Temple Terrace, Florida is often described as the first planned golf-course community in the United States, dating from the 1920s.Morgan, Philip (29 January 2014)Troubled golf club seeks more help from Temple Terrace City Council ''Tampa Bay Times'' The community was intended only for the very wealthy who would reside there for an only a few months of the year during the winter. For example, the original homes were built without kitchens as it was planned that they would dine at the community clubhouse.Moorehad, Richard & Nick WynneGolf in Florida: 1886-1950 p. 38 (2008) As golf became a sport also played by the middle class of the United States by the 1950s and 1960s, golf course communities also were developed for those players. During a period of "boom growth" in United States golf courses in the 1960s, approximately 25% of courses built each year ...
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Trump International Golf Club
The following things are named after Donald Trump, an American businessman, real estate developer, and the 45th and 47th president of the United States. Real estate Note: Any current properties listed in bold are owned directly by Trump himself or the Trump Organization. The rest carry the Trump name through licensing deals. Trump Tower(s) Current * Trump Tower, New York City * Trump Towers, Sunny Isles Beach, Florida * Trump Tower Kolkata, Kolkata, India * Trump Tower Manila, Manila Philippines * Trump Towers Istanbul, Istanbul Turkey * Trump Towers Pune, Pune India * Trump Towers Mumbai, India * Trump Tower Punta del Este, Uruguay In development * Trump Towers Delhi NCR (Gurugram), India * Trump Tower Jeddah, Jeddah, Saudi Arabia * Trump Tower Dubai, Dubai, United Arab Emirates Former * The Tower at City Place, White Plains, New York (de-branded in June 2022) Cancelled or never completed * Trump Tower Moscow, Moscow, Russia * Trump Tower, Tampa, Flori ...
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Burj Al Arab
The Jumeirah Burj Al Arab (, ), commonly known as Burj Al Arab, is a luxury hotel in Dubai, United Arab Emirates. Developed and managed by Jumeirah, it is one of the tallest hotels in the world, although 39% of its total height is made up of non-occupiable space. Burj Al Arab stands on an artificial island that is from Jumeirah Beach and is connected to the mainland by a private curving bridge. The shape of the structure is designed to resemble the sail of a dhow. It has a helipad near the roof, at a height of above ground. Site The beachfront area where Jumeirah Burj Al Arab and Jumeirah Beach Hotel are located was previously called Chicago Beach.Krane, Jim ''City of Mud: Dubai and the Dream of Capitalism'', page 103, St. Martin's Press (15 September 2009) The hotel is located on an island of reclaimed land, offshore of the beach of the former ''Chicago Beach Hotel''. The former hotel was demolished during the construction of the Burj Al Arab. The locale's name h ...
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Dubai Canal
Dubai Canal is an artificial water canal unveiled on 2 October 2013 and inaugurated on 9 November 2016. The canal sidewalk comprises one shopping centre, four hotels, 450 restaurants, luxury housing, walkways and cycle paths. It is a long project starting from Business Bay into the Arabian Gulf through Safa Park and Jumeirah west of the Indian Ocean. The width ranges from to . It is feet deep and be crossed by high bridges. It creates new public places and facilities with a total area of with private marinas for boats and a trade centre at the entrance of the canal. The development was designed by AE7 Architects and Planners. Built by BESIX Group subsidiary Six Construct, the canal is crossed by 3 pedestrian/bicycle bridges, including the Dubai Water Canal Bridge, better known as the Twisted Bridge and now renamed Bridge of Tolerance, so named by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai on Novembe ...
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Safa Park
Safa Park (in Arabic: حديقة الصفا) is a urban park located in Dubai, United Arab Emirates. It is southwest of the traditional center of Dubai along Sheikh Zayed Road. The park is bordered by Sheikh Zayed Road, Al Wasl Road, Al Hadiqa Street, and 55th Street. Approximately half of the park was demolished in 2014 to create space for the Dubai Canal project. History of Safa Park Created in 1975, Safa Park was located on the outskirts of Dubai. Prior to its creation, the area was inhabited by illegal immigrants from South Asia. They lived in makeshift homes without running water. The Dubai government nowiki/>Mohammed bin Rashid Al Maktoum">Mohammed_bin_Rashid_Al_Maktoum.html" ;"title="nowiki/>Mohammed bin Rashid Al Maktoum">nowiki/>Mohammed bin Rashid Al Maktoumtolerated these illegal immigrants due to the need for their labor. The immigrants were later given amnesty and expelled from the immediate area for the creation of the park. Development of Safa Park Afte ...
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Arabtec Holding PJSC
Arabtec Holding PJSC was an Emirati multinational construction company headquartered in Dubai, United Arab Emirates, where it was one of the leading companies in its sector. It operated through Construction; Mechanical, Electrical and Plumbing; Oil & Gas, Infrastructure and Power; and other segments. The company was involved in the construction of high-rise towers, buildings, and residential villas, as well as drainage, electrical, mechanical, and plumbing contracting, and civil and infrastructure construction works. It also engaged in real estate investment, development, leasing, and management activities. In addition, the company manufactured precast panels and steel structures, as well as ready-mixed concrete Arabtec high-profile construction projects included the Burj Khalifa (the tallest building in the world), the fit out of Burj Al Arab (fourth tallest hotel in the world that was constructed by Al Habtoor Engineering Enterprises in partnership with Murray & Roberts), Lou ...
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China State Construction Engineering Corporation
The China State Construction Engineering Corporation (CSCEC; ) is a Chinese state-owned construction company headquartered in Beijing. It is the largest construction company in the world by revenue and the 8th largest general contractor in terms of overseas sales, as of 2020. In 2023, the company was ranked 66th in the Forbes Global 2000. While most of the assets of CSCEC were floated in the stock exchange as China State Construction Engineering Corporation Limited (CSCECL), CSCEC retained some assets such as schools and hospitals, as well as the stake in China Construction International Corporation () which was not able to be transferred. Thus, CSCEC granted the listed company supervising rights. This construction firm has built several of the world’s tallest buildings and largest construction megaprojects (see Projects list below.) Corporate structure The CSCEC has numerous branches or subsidiaries. It is divided into five main divisions and twelve traditional core business ...
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Dubailand
Dubailand was an entertainment complex planned to be built in Dubai, United Arab Emirates, which was owned by Tatweer (which belongs to Dubai Holding). When announced in 2003 it was one of the most ambitious leisure developments ever proposed anywhere in the world costing $64.3 billion. The development was put on hold in 2008, due to the 2008 financial crisis, Great Recession, and the Dubai housing crash in 2009, but resumed in mid-2013. Updates in 2013 showed that $55 billion had been raised towards the works. Some projects were cancelled, although Dubailand has since become the name of an entertainment district in Dubai where some of the planned projects for the Dubailand complex have opened. Other projects are being built and are planned to open in 2025. Development Dubailand was announced on 23 October 2003. It would have an area of , twice the size of Walt Disney World, and comprise 45 "mega projects" and 200 sub projects. Over the years, there were 22 projects under c ...
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Tiger Woods
Eldrick Tont "Tiger" Woods (born December 30, 1975) is an American professional golfer. He is tied for first in List of golfers with most PGA Tour wins, PGA Tour wins, ranks second in List of men's major championships winning golfers, men's major championships, and holds List of career achievements by Tiger Woods, numerous golf records. * * * Woods is widely regarded as one of the greatest golfers of all time and is one of the most famous athletes in modern history. He is an inductee of the World Golf Hall of Fame. Following an outstanding junior, college, and amateur golf career, Woods turned professional in 1996 at the age of 20. By the end of April 1997, he had won three PGA Tour events in addition to his first major, the 1997 Masters Tournament, 1997 Masters, which he won by 12 strokes in a record-breaking performance. He reached List of world number one male golfers, number one in the Official World Golf Ranking for the first time in June 1997, less than a year after t ...
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Foreign Emoluments Clause
The Foreign Emoluments Clause is a provision in Article I, Section 9, Clause 8 of the United States Constitution that prohibits the federal government from granting titles of nobility, and restricts federal officials from receiving gifts, emoluments, offices or titles from foreign states and monarchies without the consent of the United States Congress. Also known as the Titles of Nobility Clause, it was designed to shield the U.S. federal officeholders against so-called "corrupting foreign influences". The clause is reinforced by the corresponding prohibition on state titles of nobility in Article I, Section 10, and more generally by the Republican Guarantee Clause in Article IV, Section 4. As the Foreign Emoluments Clause has rarely been subject to substantive judicial analysis or interpretation, its exact meaning and scope remain debated; the consensus among legal scholars is that the prohibition applies broadly to all federal officeholders—whether appointed or elected ...
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