Chairman Wow!

December 3, 2009

Dubai: Expansion, then halt

Filed under: Uncategorized — Carly J Hallman @ 5:01 pm

The world’s tallest building, the Burj Dubai tower is set to open next month in Dubai. The building’s opening will be the last of its kind for at least the foreseeable future, as Dubai announced last week that its state-owned Dubai World will temporarily halt its debt payments.

The Burj tower stands 2,700 feet tall and serves as the centerpiece of Downtown Burj Dubai, a 20 billion dollar shopping district that is also the world’s largest indoor shopping mall.

Emaar, the tower’s developer, announced that the Burj tower will open to the public on January 4, 2010. This date is the fourth anniversary of Sheikh Mohammad bin Rashed al-Maktoum’s accession to power.

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