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Dubai Tourism News

Dubai’s Burj Khalifa opens with dazzling light show

5 January 2010 Hotel News

Dubai has opened the world’s tallest building, renaming it the Burj Khalifa in honour and gratitude of the United Arab Emirates president Sheikh Khalifa bin Zayed al-Nahyan. Plans have also been announced to open the world’s first Armani Hotel, which is located inside the tower, to the public in March.

World’s tallest building opens in Dubai

World’s tallest building opens in Dubai

4 January 2010 Tourism News

The world’s tallest building, and Dubai’s most remarkable architectural achievement to date, is officially set to open today. But the final height of the Burj Dubai won’t be revealed until tonight’s opening ceremony, when Dubai’s ruler is expected to make an ascent of the 169-floor “superscraper”.

Crunch meeting with Dubai World today

Crunch meeting with Dubai World today

21 December 2009 Tourism News

Creditors are meeting with Dubai World officials today to try and hammer out a debt restructuring deal. More than 90 banks are meeting with the developers today in an attempt to recover some of the $22bn in debts that it owes.

Dubai debt crisis ‘over’

Dubai debt crisis ‘over’

18 December 2009 Tourism News

Dubai’s debt crisis is over, according to the foreign minister of the United Arab Emirates (UAE). Abu Dhabi’s $10 billion bailout of its struggling neighbour was proof of national unity, said Sheikh Abdullah Bin Zayed Al Nahayan.

Abu Dhabi throws Dubai $10bn lifeline

Abu Dhabi throws Dubai $10bn lifeline

14 December 2009 Tourism News

Shares in the Gulf have soared after news that Dubai has received a $10 billion bail-out from its neighbour Abu Dhabi to tide it over till April 2010. The funds will also be used to repay a Dubai World Islamic debt which matures today and provide a fighting fund while it negotiates a restructuring deal with creditors.