Constructing The Burj Khalifa Skyscraper Essay

Persian Gulf Development Literature Oil Curse Literature Arab and Islamic Factors Regional Ovemiew and Historical Background Dubai's Development History

The execution of Kingdom of Saudi Arabia and MENA's economies have surpassed world development. In the interim, Saudi's non-oil division has conveyed quickening development rates as the economy differentiates. Supported by hearty GDP development and macroeconomic security, shopper certainty is well over the provincial normal. Developing private credit and expanded open uses on framework and different activities give a wide premise to powerful open doors over the Middle East, however in Saudi Arabia these are interpreting into especially solid and maintained development in household request. KSA itself has never been more dedicated to supporting financial development. Powerful development in government incomes is supporting twofold digit increments in government consumptions on social, base, and other ventures. Maybe significantly more critical in the long haul, an undeniably deregulated and focused financial environment is supporting a blast of business arrangement as the private area plays an inexorably noticeable part in the economy (AT&T

The Dubai government decided to build the Burj Khalifa as a way to diversify their economic portfolio. Their economy had long been based solely on oil and they decided that they wanted to generate more interest and international recognition for Dubai, thus increasing tourism and overall improving the emirate’s economy. The skyscraper served its purpose and drew a lot of additional interest towards Dubai, receiving many awards. For example, the Burj Khalifa is recognized as the tallest existing, or ever built, free standing structure. It is also the building

Further infrastructural developments in the future includes Khalifa port in Abu Dhabi, expansion of Port Khalid in Sharjah, extensive goods rail networks connecting the GCC countries and other Airport and Port expansions. This vigorous investment in the sector is essential due to same trend prevailing among other GCC countries. This would further improve the market size and continue growth in sector.

The Burj Al Arab, a glass and steel skyscraper (Ingersoll 2013, 935), was developed during a time period of rapid expansion in the United Arab Emirates, and in Dubai (Bagaeen 2007, 173-197), and was completed in 1999 (Welch 2014) by the Jumeirah International Group, Architect Tom Wright (McBride 2000, 118), and the Atkins Company (Ingersoll 2013, 935). The Burj Khalifa is 160 stories or 630 meters tall (Ingersoll 2013, 937). The Burj Khalifa is the tallest artificial structure in the world. It is a mixed-use tower that primarily houses office and residential space (Baker 2010, 46), the tip reaches 828 meters (Alfred 2010, 66), and the Burj Khalifa was inaugurated January 4, 2010 (Baker 2010, 46). Like the Burj Al Arab, the Burj Khalifa was designed by a western architect, Adrian Smith, and the architecture firm, Skidmore, Owings, and Merrill (Ingersoll 2013, 937). In this industrial age of mega development, in the nondemocratic United Arab Emirates, mega projects are hastily and irresponsibly built with little consideration of their regional negative impacts or sustainability. In the United Arab Emirates, and in lesser developed countries around the world, their primitive political structures have many holes which are exploited by the few with power.

UAE is one of the largest ports in the world and has become the region's centre for trade, essentially by developing its location as a leading transhipment and re-export centre, based on a long-standing trading history and a generally pro-business stance.

“Tawasul” Provide OMAN ARAB BANK target customers with a service that meet their wants and needs in order to build profitable relationship with them.

In addition it is worth considering that emerging economies having been attracting increasingly more Foreign Direct Investment (FDI) having accounted for 52% of global FDI inflows according to recent data. Looking closer at the FDI spread based on regional allocation it is worth noting that Nigeria received the greatest proportion of FDI in Africa, Indonesia in South-Eastern Asia, Mexico in Central America and Turkey in West Asia. This demonstrates the investment potential within the MINT

Abu Dhabi is taking steps to reassess its 2030 economic vision, acknowledging slower economic and population growth due to the impact of the global financial crisis (Arnold, 2010). The plan is trying to diversifying the emirates economy away from oil (Arnold, 2010). The idea behind Abu Dhabi’s economic diversification is that if oil prices go down there will be other sources for income (Kumar, 2011). Abu Dhabi Council for Development declared that Emirate’s 2030 strategy will not degrade oil and gas’s importance (Kumar, 2011). Instead it is focusing in which it has traditionally been strong, like wholesale and retail, international and domestic trade, transport and storage and tourism (Sekhri, 2010). Also Abu Dhabi had made many projects into petrochemicals, steel and aluminum sectors and created investor-friendly industrial zones to insure its future growth (Kumar, 2011). The UAE seems unlikely to catch up with the level of economic expansion displayed in the leading emerging market economies such as China and India, which benefit from bigger populations and more diversified economies (Arnold, 2010). According to the annual economic report for the emirate of Abu Dhabi 2010, Abu Dhabi plans to raise the foreign direct investment to 23 per cent of GDP by 2030 (Kumar, 2011).

Skyscrapers are the symbols of urbanization and provided a great advantage to the industrial revolution. As the working class flocked to the cities in pursuit of a higher paying work, the cities themselves grew. Eventually, as the cities grew larger, there was no room to expand horizontally, so we stretched vertically. More space was needed to hold the large machines used often in factories of the industrial revolution. Scyscrapers also changed architecture, the view of cities, and the thought of how to build. And as one great innovation comes, so does another, the elevator was then invented to help people get to the higher floors of the skyscraper thus improving economy.

Similarly, Mobarek & Kalonov (2014) provided empirical evidence, using two frontier approaches, from many OIC countries to compare Islamic and conventional banking. They found that though conventional banks more efficient in their operations, Islamic banks had an upper hand when it came to financial stability. Their extensive study covered pre-crisis and crisis periods. The finding of Mobarek & Kalonov (2014) is validated by an earlier study conducted by Al-Hares, AbuGhazaleh, & El-Galfy (2013) in which they studied banks from 2003-2011. Al-Hares, AbuGhazaleh, & El-Galfy (2013) found that Islamic banks in Gulf Cooperation Council (GCC) were less efficient than

UAE is a truly blessed nation and an important a role model for the entire world. Founded on the principles of union and justice, this nation today stands tall and has found a firm footing on the world map. An arid piece of land transformed by the vision and aspirations of a man who wanted to bring about a change in the lives of those around him. A man of pride and wisdom – H.H. Sheikh Zayed Bin Sultan Al Nahyan not only dreamt but had the courage to pursue his dream and turn it into a beacon of reality. In the process, he never lost sight of his roots and cultural heritage.

A city that has been developing very rapidly is, Dubai. Dubai is a city-state in the United Arab Emirates. The emirate, lands under control by a Muslim military commander or local chief, of Dubai is located southeast of the Arabian Gulf. Dubai is a part of the seven emirates

Being one of the smallest nations in the world, the United Arab Emirates is uniquely positioned to be an economic superpower in the next few decades. With their forward thinking policies, and far reaching impact, one of the few things holding them back from success is their leadership. Although the United Arab Emirates has an involved authoritarian regime, diversification of the market economy, innovative trade policies, and forward-thinking government projects have created an arena for economic growth.

Education: Education is one of the most important sectors that have been recently subject of remarkable reforms. The UAE 's leader Sheikh Zayed Bin Sultan Al Nahyan noted: "The greatest use that can be made of wealth is to invest it in creating generations of educated and trained people." (Uae-embassy, 2014). para. 1. The public educational structure in the UAE was established in the early 1970s based on programs taught in Arabic as the first language. Public spending on education; total (% of GDP) in the United Arab Emirates was last measured at 0.99 in 2009, according to the World Bank. (Trading economies. para. 1). However, the private schools have been developed during the last years, especially Universities and Colleges. According to the UAE 's UNISCO 2010