• TOPSHOT - A picture taken on January 13, 2021 shows a view of Jumeirah Beach Residence, with Jumeirah Gate on the right, in Dubai. AFP
    TOPSHOT - A picture taken on January 13, 2021 shows a view of Jumeirah Beach Residence, with Jumeirah Gate on the right, in Dubai. AFP
  • Lakhta Center in St. Petersburg, Russia. Getty Images
    Lakhta Center in St. Petersburg, Russia. Getty Images
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    CITIC Tower in Beijing, China. Getty Images
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    Central Park Tower in New York City, USA. Getty Images
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    Suzhou IFS in Suzhou, China. Getty Images
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    The Exchange 106 in Kuala Lumpur, Malaysia. Getty Images
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    Wuhan Center Tower in Wuhan, China. Alamy

Dubai's Jumeirah Gate honoured in tall buildings awards


  • English
  • Arabic

Jumeirah Gate in Dubai and the US embassy in London are among the properties to be honoured by a leading international organisation dedicated to big buildings.

The Council on Tall Buildings and Urban Habitat Annual Awards 2021 recognised Jumeirah Gate in the Best Tall Building 300 to 399-metre category.

The gallery above depicts the tower at night and reveals some of the other sky-scraping winners.

Jumeirah Gate is the 30th tallest building in the UAE and the 170th tallest in the world.

Located among a crowd of towering edifices in Dubai Marina, the Emaar Properties-owned development was completed in 2020 – one of 12 buildings taller than 200 metres to be built in the emirate last year.

Jumeirah Gate was one of 12 buildings taller than 200 metres built in Dubai in 2020. The National
Jumeirah Gate was one of 12 buildings taller than 200 metres built in Dubai in 2020. The National

Architects Killa Design have form in grandiose buildings, with the Bahrain World Trade Centre and the Millennium Tower in San Francisco.

Jumeirah Gate accommodates a 182-room five-star hotel, 479 residential apartments and 496 serviced branded apartments.

Killa Design describe it as an "ellipse in plan with a void in the centre that serves to increase daylight penetration and views to the Palm, JBR beach and the horizon".

In the shortest of the tallest awards categories, for those less than 100 metres, the US embassy in London was recognised "for its exceptional environmental leadership and energy-efficient design".

The council said that the Bureau of Overseas Buildings Operations’ structure "incorporates energy conservation strategies including daylight-responsive lighting and shade controls, passive and active chilled beams, efficient mechanical systems, and combined heat and power generation".

It is powered through photovoltaic technology and ground source heat pumps that work by harnessing the Earth's energy.

The US embassy in London was recognised for its excellent environmental credentials. Getty
The US embassy in London was recognised for its excellent environmental credentials. Getty

The embassy "sets a new standard for the design of diplomatic campuses overseas", the council said.

A list of the winners in every category can be found on the council's website here.

__________________________________________

10 tallest buildings in the Middle East – in pictures

  • ALMAS TOWER, DUBAI, 360 metres: Part of Jumeirah Lakes Towers, Almas tower was briefly the tallest in Dubai when it was topped out in 2008. It is the headquarters of Dubai Multi Commodities Centre, with high security vaults and safe deposits to protect clients' assets. Gabriela Maj / Bloomberg
    ALMAS TOWER, DUBAI, 360 metres: Part of Jumeirah Lakes Towers, Almas tower was briefly the tallest in Dubai when it was topped out in 2008. It is the headquarters of Dubai Multi Commodities Centre, with high security vaults and safe deposits to protect clients' assets. Gabriela Maj / Bloomberg
  • ADDRESS BOULEVARD, DUBAI, 370 metres: Opened in March 2017, Address Boulevard boasts sells itself as a "city lifestyle resort". Residents and guests do not need to step onto the balmy streets to access Dubai Mall, which is it connected to with an air conditioned bridge. Not to be confused with the 300 metre tall Address Downtown, which was built in a similar modernist Art Deco style and opened in 2008. Courtesy: Emaar Hospitality
    ADDRESS BOULEVARD, DUBAI, 370 metres: Opened in March 2017, Address Boulevard boasts sells itself as a "city lifestyle resort". Residents and guests do not need to step onto the balmy streets to access Dubai Mall, which is it connected to with an air conditioned bridge. Not to be confused with the 300 metre tall Address Downtown, which was built in a similar modernist Art Deco style and opened in 2008. Courtesy: Emaar Hospitality
  • ELITE RESIDENCE, DUBAI, 380 metres: Opened in 2012, at an estimated cost of Dh1bn, the 91 floors have nearly 700 flats with views over Palm Jumeirah. It boasts a distinctive design and is recognisable on the marina skyline. Chris Whiteoak / The National
    ELITE RESIDENCE, DUBAI, 380 metres: Opened in 2012, at an estimated cost of Dh1bn, the 91 floors have nearly 700 flats with views over Palm Jumeirah. It boasts a distinctive design and is recognisable on the marina skyline. Chris Whiteoak / The National
  • BURJ MOHAMMED BIN RASHID, ABU DHABI, 382 metres: Abu Dhabi makes it into the top 10, with a building named in honour of the Ruler of Dubai. Completed in 2013, the capital’s tallest building is part of the World Trade Centre which includes a mall and souq. Mona Al Marzooqi/ The National
    BURJ MOHAMMED BIN RASHID, ABU DHABI, 382 metres: Abu Dhabi makes it into the top 10, with a building named in honour of the Ruler of Dubai. Completed in 2013, the capital’s tallest building is part of the World Trade Centre which includes a mall and souq. Mona Al Marzooqi/ The National
  • 23 MARINA, DUBAI, 392 metres: Briefly the world’s tallest residential tower, 23 Marina opened in 2012. It includes 57 swimming and plunge pools, with 62 high speed lifts, including one for each of the 23 four bedroom duplexes, and boasts views over Media City's lake and amphitheatre. Chris Whiteoak / The National
    23 MARINA, DUBAI, 392 metres: Briefly the world’s tallest residential tower, 23 Marina opened in 2012. It includes 57 swimming and plunge pools, with 62 high speed lifts, including one for each of the 23 four bedroom duplexes, and boasts views over Media City's lake and amphitheatre. Chris Whiteoak / The National
  • AL HAMRA TOWER, KUWAIT CITY, 412 metres: Kuwait’s tallest building is marked by its curved sculpted concrete exterior, which is also the world’s tallest of its type. It was completed in 2011 with offices, a shopping mall and a rooftop restaurant. AFP
    AL HAMRA TOWER, KUWAIT CITY, 412 metres: Kuwait’s tallest building is marked by its curved sculpted concrete exterior, which is also the world’s tallest of its type. It was completed in 2011 with offices, a shopping mall and a rooftop restaurant. AFP
  • PRINCESS TOWER, DUBAI, 413 metres: The tallest residential building in the world until it was overtaken by 432 Park Avenue in Manhattan five years ago, Princess Tower was opened in 2012 with 763 residential units. There are 107 storeys, including six underground, with an observation deck on the 97th floor. Chris Whiteoak / The National
    PRINCESS TOWER, DUBAI, 413 metres: The tallest residential building in the world until it was overtaken by 432 Park Avenue in Manhattan five years ago, Princess Tower was opened in 2012 with 763 residential units. There are 107 storeys, including six underground, with an observation deck on the 97th floor. Chris Whiteoak / The National
  • MARINA 101, DUBAI, 425 metres: The second tallest building in Dubai is also the 27th tallest in the world. Construction began in 2006 and, although it was completed in 2017, the building remains unfinished and unoccupied due to financing issues. Chris Whiteoak / The National
    MARINA 101, DUBAI, 425 metres: The second tallest building in Dubai is also the 27th tallest in the world. Construction began in 2006 and, although it was completed in 2017, the building remains unfinished and unoccupied due to financing issues. Chris Whiteoak / The National
  • MAKKAH ROYAL CLOCK TOWER, MAKKAH, 601 metres: Part of the Abraj Al Bayt complex, the tower over looks the Great Mosque of Makkah and the Kaaba and was completed in 2012. It includes the highest and tallest clock faces in the world – the minute hands alone are 23 metres long. AFP
    MAKKAH ROYAL CLOCK TOWER, MAKKAH, 601 metres: Part of the Abraj Al Bayt complex, the tower over looks the Great Mosque of Makkah and the Kaaba and was completed in 2012. It includes the highest and tallest clock faces in the world – the minute hands alone are 23 metres long. AFP
  • BURJ KHALIFA, DUBAI, 828 metres: The tallest building in the world when it was completed in 2010, Burj Khalifa actually took the title a year earlier when it surpassed Taiwan’s Taipei 101. It boasts several world records, including the building with the most floors (163), the world’s longest elevators at 504m, and the world's highest restaurant. It is so tall the sun sets three minutes later on the observation deck than on the ground. Tarek Fahmy / Reuters
    BURJ KHALIFA, DUBAI, 828 metres: The tallest building in the world when it was completed in 2010, Burj Khalifa actually took the title a year earlier when it surpassed Taiwan’s Taipei 101. It boasts several world records, including the building with the most floors (163), the world’s longest elevators at 504m, and the world's highest restaurant. It is so tall the sun sets three minutes later on the observation deck than on the ground. Tarek Fahmy / Reuters
Company%C2%A0profile
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Vidaamuyarchi

Director: Magizh Thirumeni

Stars: Ajith Kumar, Arjun Sarja, Trisha Krishnan, Regina Cassandra

Rating: 4/5

 

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Three ways to boost your credit score

Marwan Lutfi says the core fundamentals that drive better payment behaviour and can improve your credit score are:

1. Make sure you make your payments on time;

2. Limit the number of products you borrow on: the more loans and credit cards you have, the more it will affect your credit score;

3. Don't max out all your debts: how much you maximise those credit facilities will have an impact. If you have five credit cards and utilise 90 per cent of that credit, it will negatively affect your score.

F1 The Movie

Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem

Director: Joseph Kosinski

Rating: 4/5

Specs%20
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The years Ramadan fell in May

1987

1954

1921

1888

The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
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Veil (Object Lessons)
Rafia Zakaria
​​​​​​​Bloomsbury Academic

Results

4.30pm Jebel Jais – Maiden (PA) Dh60,000 (Turf) 1,000m; Winner: MM Al Balqaa, Bernardo Pinheiro (jockey), Qaiss Aboud (trainer)

5pm: Jabel Faya – Maiden (PA) Dh60,000 (T) 1,000m; Winner: AF Rasam, Tadhg O’Shea, Ernst Oertel

5.30pm: Al Wathba Stallions Cup – Handicap (PA) Dh70,000 (T) 2,200m; Winner: AF Mukhrej, Tadhg O’Shea, Ernst Oertel

6pm: The President’s Cup Prep – Conditions (PA) Dh100,000 (T) 2,200m; Winner: Mujeeb, Richard Mullen, Salem Al Ketbi

6.30pm: Abu Dhabi Equestrian Club – Prestige (PA) Dh125,000 (T) 1,600m; Winner: Jawal Al Reef, Antonio Fresu, Abubakar Daud

7pm: Al Ruwais – Group 3 (PA) Dh300,000 (T) 1,200m; Winner: Ashton Tourettes, Pat Dobbs, Ibrahim Aseel

7.30pm: Jebel Hafeet – Maiden (TB) Dh80,000 (T) 1,400m; Winner: Nibraas, Richard Mullen, Nicholas Bachalard

What went into the film

25 visual effects (VFX) studios

2,150 VFX shots in a film with 2,500 shots

1,000 VFX artists

3,000 technicians

10 Concept artists, 25 3D designers

New sound technology, named 4D SRL

 

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

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Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Top 10 most polluted cities
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  3. Hotan, China
  4. Delhi, India
  5. Jaunpur, India
  6. Faisalabad, Pakistan
  7. Noida, India
  8. Bahawalpur, Pakistan
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  10. Bagpat, India
Cricket World Cup League 2

UAE squad

Rahul Chopra (captain), Aayan Afzal Khan, Ali Naseer, Aryansh Sharma, Basil Hameed, Dhruv Parashar, Junaid Siddique, Muhammad Farooq, Muhammad Jawadullah, Muhammad Waseem, Omid Rahman, Rahul Bhatia, Tanish Suri, Vishnu Sukumaran, Vriitya Aravind

Fixtures

Friday, November 1 – Oman v UAE
Sunday, November 3 – UAE v Netherlands
Thursday, November 7 – UAE v Oman
Saturday, November 9 – Netherlands v UAE

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%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E2.0-litre%20four-cyl%20turbo%20%2B%20mild%20hybrid%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E204hp%20at%205%2C800rpm%20%2B23hp%20hybrid%20boost%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E320Nm%20at%201%2C800rpm%20%2B205Nm%20hybrid%20boost%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E9-speed%20auto%0D%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%20%3C%2Fstrong%3E7.3L%2F100km%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENovember%2FDecember%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh205%2C000%20(estimate)%3C%2Fp%3E%0A
COMPANY PROFILE
Name: Airev
Started: September 2023
Founder: Muhammad Khalid
Based: Abu Dhabi
Sector: Generative AI
Initial investment: Undisclosed
Investment stage: Series A
Investors: Core42
Current number of staff: 47
 
Youth YouTuber Programme

The programme will be presented over two weeks and will cover the following topics:

- Learning, scripting, storytelling and basic shots

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- Beating the algorithm and reaching your core audience

Company%20Profile
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Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates