Re: Burj Dubai-Inauguration
^^ whats this mooti? 
lagta hai dubai bank corrupted honey ke saath saath link bhi corrupted ho ghae hain 
Re: Burj Dubai-Inauguration
:k:
Poor Dubai! And poor pakistanis “living” there. At last most of them. That city really sucks 
Re: Burj Dubai-Inauguration
^^ shhhh some sheikh will give suppari of yours to some DUBAI JIYALAAS :D
Re: Burj Dubai-Inauguration
^^ too right ..
the rich get richer and the poor get poorer ..
@ spanish .. long time no see .. where you been gurl .
Re: Burj Dubai-Inauguration
I was at Dubai Mall last night, the inauguration was awesome, spectacular display of fireworks (even better than the Chinese's Olympics) :D
@Spanish, how and why Dubai sucks? elaborate please...
Re: Burj Dubai-Inauguration
Ohhh Rayan Ur a Dubain too??
I wonder who will be the first Base Jumper to jump off of that 1/2 mile high Tower!
Yes i am 
i would, if they allow me to jump
Re: Burj Dubai-Inauguration
Wheheyyyyyyyyyyyyyyyyyyyyy:yahoo:…
Re: Burj Dubai-Inauguration
nice :k:
Re: Burj Dubai-Inauguration
I LOVE My City!!!!!!!!!!!
I was at souq-al-bahar too which is in dubai mall n the innaugration was spectacular..more beautiful than anyone can ever imagine,..it was grand!
p.s: Burj dubai has been sold to abu dhabi therefore its now called Burj Khalifa..sad name!
Re: Burj Dubai-Inauguration
very beautiful though :D
Re: Burj Dubai-Inauguration
Re: Burj Dubai-Inauguration
o btw i saw imran abbas yest at the **Inauguration!**
Re: Burj Dubai-Inauguration
DUBAI - Dubai’s ruler on Monday evening officially **
**inaugurated the world’s tallest building, but in a shock move the 828-metre tower was unveiled as Burj Khalifa Bin Zayed instead of Burj Dubai.
Sheikh Mohammed bin Rashid al-Maktoum at around 8 p.m. drew the curtain on the tower’s plaque to reveal the name Burj Khalifa Bin Zayed engraved on it.
"I now officially announce the opening of the Burj Khalifa Bin Zayed," the ruler said at the opening ceremony.
One political observer described the name-change as “a surprise”.
The inauguration kicked off a night of festivities as the emirate celebrated the completion of the world’s tallest building, the fourth anniversary of Sheikh Mohammed’s rule and looked to put its well-publicised financial troubles behind it.
But as the much-anticipated fireworks, lights and music display began with the tower's final height - a secret until the inauguration - flashing on a giant screen, observers were left pondering the significance of the tower's new name, a tribute to UAE President Sheikh Khalifa bin Zayed al-Nahyan.
“This is a surprise move, but maybe this is an attempt to boost confidence in Dubai by showing who is backing Dubai,” a diplomat at the ceremony told Maktoob News.
INVESTOR CONFIDENCE
Confidence in Dubai has been severely damaged in recent months after one of the emirate’s largest state-owned conglomerates said it needed more time to repay its debts, confirming investors’ worst fears about Dubai’s debt problems.
Dubai racked up debts of as much as $150 billion fuelling its economic growth during the boom years and the onset of the global financial crisis made it increasingly difficult for the government and its related entities to meet repayments.
Dubai World in late November said it would request a standstill on repayment of $26 billion worth of debt, sending global markets into a tailspin after months of positive talks from Dubai officials that the emirate’s debt problems were in hand.
Abu Dhabi stepped in with a $10 billion bailout at the eleventh hour - part of $25 billion in emergency funding provided to Dubai in the last year - but the lack of unequivocal backing from its oil-rich neighbour has left a cloud of uncertainty over Dubai.
The inauguration of the $1.5 billion Burj Dubai was meant to help restore investor confidence, but the name change has instead reignited speculation over the extent of Abu Dhabi’s support and what Dubai has had to concede to secure that backing.
“If Dubai has nothing left to sell then at least it still has naming rights,” Christopher Davidson, a professor at Durham University and author of several books on Dubai, told Maktoob News.
But Davidson said “there is still no certainty behind Abu Dhabi's backing” of Dubai despite the name-change.
“SYMBOLIC”
Despite Dubai's financial woes, organisers pulled out all the stops for Monday nights display of fireworks, lights and music that many in attendance described as one of the most impressive they had ever seen.
Dubai intended to send a clear message to the world that the emirate is still an economic force.
"This is yet another proof that our national economy is robust and that our leadership, institutions and private sector are capable of surmounting difficulties and confronting challenges with resolution, fearlessness and confidence," Sheikh Mohammed said after the ceremony in remarks carried by state news agency WAM.
Analysts described the inauguration as “symbolic” for Dubai, but unlikely to have any material impact on the emirate’s economy or its real estate market.
“From a debt point of view and an economic crisis point of view, nothing changes ... The underlying weaknesses of the (real estate) market are still there,” Mohammed Shakeel, UAE economist for the Economist Intelligence Unit, told Maktoob News.
Dubai’s real estate market, a major driver of the emirate’s economy, collapsed in 2009 after years of meteoric speculation-fuelled growth in the wake of the global financial crisis.
Property prices more than halved, billions of dollars worth of projects were scrapped and thousands of expatriates lost their jobs and returned home.
Issam Galadari, CEO of Burj Khalifa developer Emaar Properties, said on Monday the tower will have a positive impact on Dubai’s real estate market, which he said is stabilising.
Analysts are not so optimistic and see further price falls are expected in 2010 as more supply left over from boom-time construction comes online. Already one in four homes and a quarter of office space are empty, according to analysts.
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