Dubai Informer

Burj Khalifa, the tallest building in the world which forms the iconic centerpiece of Downtown Dubai, has been named the winner of the mixed use project award in the prestigious Cityscape Awards for Real Estate in the Middle East and North Africa. The awards are held in conjunction with Cityscape Abu Dhabi which runs until [...]

The observation deck of Dubai’s Burj Khalifa, formerly known as Burj Dubai, has been closed for repairs only a month after the iconic tower was inaugurated. “Due to unexpected high traffic, the observation deck experience at the Burj Khalifa… has been temporarily closed for maintenance and upgrade,” Emaar Properties said in a announcement. “Technical issues [...]

The moment we’ve all been waiting for is here… There was a mad rush of traffic that started early in the day as residents of the city rushed to the Down Town Burj Dubai area for what promised to be an eventful and memorable day. Memorable it was… The Burj Dubai has been renamed the [...]

With the Burj Dubai – tallest tower in the world – opening today in Dubai, we want to take you on a little history ride. Here are all the news we covered about the iconic tower since our start in September 2006 until last week. These include planned terror attacks, construction updates, technology reviews, the [...]

It’s been a tumultuous year for Dubai, talk of people leaving cars in the airport, rumors about layoffs and the international media turned the city into a ghost town with tumbleweed rolling through the city streets. The truth is, it’s been a tough year but the city is still vibrant, Burj Dubai is set for [...]

Impenetrable secrecy surrounding the Burj Dubai’s real height has confounded the American-based world body that officially recognizes the world’s tallest buildings. Burj Dubai is reportedly 818 meters tall but the Council on Tall Buildings and Urban Habitat (CTBUH) says it has yet to receive any official notification from the builder Emaar of the record-breaking height. [...]

Rent increases will be contained in 2010, according to a decree issued on Wednesday, which says that rent can only rise if it is at least a quarter below market values. His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE, in his capacity as the Ruler of Dubai, issued [...]

Even though it was expected from Dubai World’s creditors, the company did not ask for a standstill on its debts in today’s meeting in Dubai. It was the first face to face meeting of Dubai World officials with their creditors after the company asked for an extension on it repayments in November. The meeting presented [...]

We found a high resolution picture from the Burj Dubai and its surroundings. The full high resolution picture of the Burj Dubai can be found here (new window). Please share this news with the buttons below if you like it and also re-tweet it. Thank you picturecredit http://sergeydolya.livejournal.com/

The Rose Rotana Hotel on Sheikh Zayed Road was one of the first victims of the global financial crisis last year. Nearly finished and with the logos already put up the opening was canceled and the plug pulled completely. No Rose Rotana they said. Now it was announced that the hotel, which will be the [...]

The staff at Google got a present recently, the shiny new Google Phone. It is a secret of course, and no Googler is supposed to say anything about it. Still, the Twitter-sphere is full of pictures and stories about it. Guess where those come from? That’s Google Privacy The Google Phone will have the Android [...]

In a dramatic U-turn, Dubai today announced that it has received a $10bn bail-out from the neighboring Emirate Abu Dhabi that will enable it to pay off the immediate debts of its most troubled state-run companies. Confirmation that the government of Abu Dhabi would supply the money came on the day a sukuk, or Islamic [...]

Today the Dubai Stock Market DFM rebounded from it’s low yesterday on a relatively high turnover. The last few days since the shocking announcement of Dubai World had obviously an impact on the stock markets of the United Arab Emirates. Let’s analyze what happened so far: The DFM (Dubai Financial Market) reached it’s high mid [...]

Yesterday a television station reported that Dubai Group, a unit of Dubai Holding, has sold its stake in EFG-Hermes, the Egyptian Investment Bank, for $120 Million. Rumors are rife about who the buyer may be. According to news reports on the television channel Al Arrabiya the buyers were Western investment funds who acquired the 19.1 [...]

Residents of Al Qusais were in shock over the gruesome rape and murder of a four-year-old Pakistani boy inside the toilet of a mosque where his father prays regularly. The parents of Mousa – who was found dead on November 27 – said they do not want “diya” or blood money. The father, Mukhtiar Ahmad [...]

A week ago, Dubai announced to the world that one of its largest entities, Dubai World, will be seeking a moratorium on its debt, believed to be somewhere in the range of $60 Billion. Soon after, various holidays around the world sent people home and the global markets headed south. Watching the news you would [...]

Dubai’s government said it hasn’t guaranteed the debt of Dubai World, the state-controlled holding company struggling with $59 billion in liabilities, and that creditors must help it restructure. “It is correct that the government owns Dubai World, but the decision when it was set up was that it should receive financing based on the viability [...]

Dubai bourse slumped 7.30 per cent at end of trading session today while Abu Dhabi dropped 8.24 per cent to 2,670 as market sentiments remained down on Dubai World restructuring news. The Dubai bourse closed 7.30 per cent lower at the end of the trading session today, its largest one-day loss in over a year [...]

Dubai has made it into the international news again. This time it’s all about one of Dubai’s biggest companies – DUBAI WORLD. The news read like: Indian stock markets joined the tumble in bourses around the world on Friday after Dubai government-owned holding company Dubai World, which manages that country’s portfolio of businesses, said it [...]

The head of the Dubai International Financial Centre (DIFC) has been replaced in what is being described as a strategic re-positioning related to continuing financial issues in the emirate. , who has been governor of the centre since it opened its doors five years ago, has been succeeded by Ahmad Humaid Al Tayer, according to press [...]