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List Of Developments On The World Islands
These are some of the developments which were scheduled for construction on various islands of The World In its most general sense, the term "world" refers to the totality of entities, to the whole of reality or to everything that is. The nature of the world has been conceptualized differently in different fields. Some conceptions see the worl ... in Dubai, United Arab Emirates. However the construction was halted due to the Financial crisis of 2007–2010, except for one island gifted to race car driver Michael Schumacher by the ruler of Dubai, Mohammed bin Rashid Al Maktoum. Islands on The World were intended to fall into several categories: * Low density: residential islands * Medium and high density: residential areas. * Resorts: mainly hotels and resorts. * Commercial: shopping, entertainment, restaurants, cafes * Transportation: hubs for transportation by boat to mainland Dubai. References External linksDubaifaqs.com [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The World On 1 May 2007 Pict 3
''The'' () is a grammatical article in English, denoting persons or things that are already or about to be mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the most frequently used word in the English language; studies and analyses of texts have found it to account for seven percent of all printed English-language words. It is derived from gendered articles in Old English which combined in Middle English and now has a single form used with nouns of any gender. The word can be used with both singular and plural nouns, and with a noun that starts with any letter. This is different from many other languages, which have different forms of the definite article for different genders or numbers. Pronunciation In most dialects, "the" is pronounced as (with the voiced dental fricative followed by a schwa) when followed by a consonant sound, and as (homophone of the archaic pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The World (archipelago)
The World Islands (Arabic: جزر العالم; ''Juzur al-Ālam'') are an archipelago of small artificial islands constructed in the shape of a world map, located in the waters of the Persian Gulf, off the coast of Dubai, United Arab Emirates. The World Islands are composed mainly of sand dredged from Dubai's shallow coastal waters, and are one of several artificial island developments in Dubai. The World's developer is Nakheel Properties, and the project was originally conceived by Sheikh Mohammed bin Rashid Al Maktoum, the ruler of Dubai. The construction was done by two Dutch (joint venture) specialist companies, Van Oord and Boskalis. The same companies also created the Palm Jumeirah. Construction of the 300 islands began in 2003, before being halted due to the financial crisis of 2007–2008. Though 60% of the islands were sold to private contractors in 2008, development on most of the islands has not started. As of July 2012, Lebanon Island was developed and was the o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dubai
Dubai (, ; ar, دبي, translit=Dubayy, , ) is the most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, the most populated of the 7 emirates of the United Arab Emirates.The Government and Politics of the Middle East and North Africa. D Long, B Reich. p.157 Established in the 18th century as a small fishing village, the city grew rapidly in the early 21st century with a focus on tourism and luxury, having the second most five-star hotels in the world, and the tallest building in the world, the Burj Khalifa, which is tall. In the eastern Arabian Peninsula on the coast of the Persian Gulf, it is also a major global transport hub for passengers and cargo. Oil revenue helped accelerate the development of the city, which was already a major mercantile hub. A centre for regional and international trade since the early 20th century, Dubai's economy relies on revenues from trade, tourism, aviation, real estate, and financial services.< ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Arab Emirates
The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia ( The Middle East). It is located at the eastern end of the Arabian Peninsula and shares borders with Oman and Saudi Arabia, while having maritime borders in the Persian Gulf with Qatar and Iran. Abu Dhabi is the nation's capital, while Dubai, the most populous city, is an international hub. The United Arab Emirates is an elective monarchy formed from a federation of seven emirates, consisting of Abu Dhabi (the capital), Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah and Umm Al Quwain. Each emirate is governed by an emir and together the emirs form the Federal Supreme Council. The members of the Federal Supreme Council elect a president and vice president from among their members. In practice, the emir of Abu Dhabi serves as president while the ruler of Dub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Crisis Of 2007–2010
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitab ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Michael Schumacher
Michael Schumacher (; ; born 3 January 1969) is a German former racing driver who competed in Formula One for Jordan, Benetton, Ferrari, and Mercedes. Schumacher has a joint-record seven World Drivers' Championship titles (tied with Lewis Hamilton) and, at the time of his retirement from the sport in 2012, he held the records for the most wins (91), pole positions (68), and podium finishes (155)—which have since been broken by Hamilton—while he maintains the record for the most fastest laps (77), among others. After beginning his racing career in karting, Schumacher enjoyed success in several junior single-seater series. After a one-off Formula One appearance with Jordan at the 1991 Belgian Grand Prix, Schumacher was signed by Benetton for the rest of the season. He won his first and second drivers' titles consecutively in and . Schumacher moved to the struggling Ferrari team in . During his first years at the team, Schumacher lost out on the title in the final ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mohammed Bin Rashid Al Maktoum
Sheikh Mohammed bin Rashid Al Maktoum ( ar, محمد بن راشد آل مكتوم, links=no; ; born 15 July 1949) is the vice president, prime minister, and minister of defence of the United Arab Emirates (UAE) as well as the ruler of Dubai. He is the third son of Sheikh Rashid bin Saeed Al Maktoum, former vice president of the UAE and ruler of Dubai. Mohammed succeeded his brother Maktoum as vice president and ruler following the latter's death in 2006. A billionaire, Mohammed generates most of his income from real estate and is described as "one of the world's most prominent real estate developers". Land which is owned by him is managed as an asset of the state. There is a blurred line between the assets of the government of Dubai and those of the ruling Al Maktoum family. He oversaw the growth of Dubai into a global city, as well as the launch of a number of government-owned enterprises including Emirates Airline, DP World, and the Jumeirah Group. Some of these are held by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dubai Multi Commodities Centre
Dubai Multi Commodities Centre (DMCC) is the UAE's largest free-trade zone that is located in the Jumeirah Lake Towers district of Dubai. Created in 2002, it serves as a commodities exchange that deals in four main sectors: precious commodities (e.g., gold, diamonds); energy; steel and metals and agricultural commodities (e.g., tea, cotton). In August 2020, the Investment Corporation of Dubai, a sovereign wealth fund, became the parent company of the autonomous DMCC as part of a major restructuring. History On the 1st of May 2002, then- Crown Prince of Dubai Mohammed bin Rashid Al Maktoum issued directing the establishment of the free zone and the objective of the freezone to be a center of commodities trading. Further regulations were issued in which clarified the organisation of the freezone as its own independent authority and exempted all companies operating in the free zone of all forms of taxes and customs charges, and noted that companies and entities within t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pearls Of Arabia
A pearl is a hard, glistening object produced within the soft tissue (specifically the mantle) of a living shelled mollusk or another animal, such as fossil conulariids. Just like the shell of a mollusk, a pearl is composed of calcium carbonate (mainly aragonite or a mixture of aragonite and calcite) in minute crystalline form, which has deposited in concentric layers. The ideal pearl is perfectly round and smooth, but many other shapes, known as baroque pearls, can occur. The finest quality of natural pearls have been highly valued as gemstones and objects of beauty for many centuries. Because of this, ''pearl'' has become a metaphor for something rare, fine, admirable and valuable. The most valuable pearls occur spontaneously in the wild, but are extremely rare. These wild pearls are referred to as ''natural'' pearls. ''Cultured'' or ''farmed'' pearls from pearl oysters and freshwater mussels make up the majority of those currently sold. Imitation pearls are also widel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
OQYANA
OQYANA is a real estate company that is developing the OQYANA World First archipelago of artificial islands which form the Australasian region of The World development off the coast of Dubai. OQYANA World First OQYANA World First is located from the coastline of Dubai and will occupy a total area of 1.87 million square metres (20 million square feet) with a total upland area of 417 thousand square meters (4.5 million square feet). There will be of inter-linked walkways, of shore front and a marina with over 1,500 private yacht berths. The islands are owned by OQYANA Real Estate Company (K.S.C.C.). The islands were purchased in 2005, and were to be developed as a "lifestyle destination" and community with approximately 2,000 apartments, 200 villas and luxury hotels. Features of the development include a cultural centre for performing arts, a conference centre, leisure facilities, restaurants, cafes and island lifestyle specific retail. The islands have been terraformed by the d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nakheel Properties
Nakheel Properties ( ar, نَـخٍـيْـل, nakhīl, palm tree) is a property developer based in Dubai, United Arab Emirates. The formal name of the company is Nakheel PJSC (private joint stock company) and it was a subsidiary of Dubai World and a private state-owned enterprise. Nakheel was seen as key to resolving Dubai's debt crisis in 2009–2010. The company has been reported to be the second-largest property developer in Dubai after Emaar Properties. Dubai’s Nakheel unveilrebrandingin September 2022 to reflect next phase of growth for the company. History The company was founded in 2003, and, as a subsidiary of state-owned Dubai World, prospered until the financial crisis of 2007–2010 started a decline in Dubai's real estate market, putting Dubai World at risk of bankruptcy in November 2009. After write-downs of real estate values and lower sales, Nakheel had made a loss of 13.4bn dirham ($3.65bn) in the first half of 2009, and, despite a May cash bail-out, so ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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