Spot gold dropped 0.25% to $1,810.19 per ounce at 9.15am UAE time
Markets6 days ago
Dubai: Dubai Multi Commodities Centre (DMCC) announced on Tuesday that Adrian Smith + Gordon Gill Architecture (AS+GG), architects of supertall skyscraper, will design the Burj 2020, the world’s tallest commercial tower.
WATG, a destination creation consultancy, has also been appointed to deliver the masterplan for the Burj 2020 District.
Ahmed Bin Sulayem, executive chairman, DMCC, said: “AS+GG and WATG come with a wealth of global destination and tower design expertise. Designing a world-class destination of this scale will set new levels of efficiency and urban sustainability. We are confident that our partners, in delivering the Burj 2020 District and tower, will create a new address for the global business community of the future in Dubai.”
Adrian Smith, architect and founder of AS+GG based in Chicago, has designed many landmark buildings, including the Burj Khalifa in Dubai and Kingdom Tower, currently under construction in Jeddah.
WATG was one of four reputed international destination creation firms that participated in DMCC’s Burj 2020 District masterplan design competition launched in July 2014. Other notable WATG projects include The Atlantis — Dubai, Paradise Island — Bahamas, Emirates Palace — Abu Dhabi, and the Grand Hyatt — Kuala Lumpur.
business@khaleejtimes.com
Spot gold dropped 0.25% to $1,810.19 per ounce at 9.15am UAE time
Markets6 days ago
The rupee was trading at 77.63/64 per dollar by 0805GMT compared with its close of 77.45 on Friday. The rupee touched a record low of 77.7975 during the session
Markets1 week ago
The dollar index was trading 0.01% lower at 104.19
Markets1 week ago
Spot gold was last up 0.1 per cent at $1,825.29 per ounce on Tuesday morning
Markets1 week ago
Long-awaited move is a crucial step in PM Modi’s drive to 'monetise and modernise' state-run companies
Markets1 week ago
Precious yellow metal price outlook is uncertain in the medium to long term due to geopolitical tensions and global economic slowdown
Markets1 week ago
Falling interest rates led to many more savers investing in stocks, real estate and cryptos, leading to price surges across these asset classes
Markets1 week ago
The index tumbled 5.8 per cent, its biggest intraday fall since March 2020, dragged down by a 8.5 per cent plunge in the UAE’s largest lender First Abu Dhabi Bank
Markets1 week ago