Dubai's upcoming landmark Vancouver Canucks Jerseys For Sale , Burj Dubai Tower, is creating ripples around the world. The building is expected to be completed by June 2009, and it will stand to be the world's tallest at that time. Emaar, a UAE construction giant developing it, has yet not disclosed its official height Cheap Vancouver Canucks Jerseys , but the building is expected to measure above 800m on its completion. There will be more than 160 floors and a 200m high spire carrying various communication equipments in the entire building. Most of its first 108 floors will be lent either to house one of Dubai hotels or to accommodate private apartment owners, however, the business community will also have its own share in the form of exclusive offices.
Dubai's government has worked for over two decades now with intent to shifting away from the chiefly oil driven economy to a diversified free-trade, retail and tourism oriented one. They have succeeded as well in doing so to a very large extent, since the share of oil revenues in the GDP has fallen drastically in the last few years. However Sam Gagner Canucks Jersey , they will require continuing on to make this transformation last permanently, and that's where the projects like Burj Dubai Tower, Dubai Marina, The World, The Palm Islands Markus Granlund Canucks Jersey , The Dubai Mall, serviced apartments and various Dubai hotels come into this picture.
Dubai is expecting to receive 15 million visitors by the year 2010, and needs to add more supplies in the hospitality and retail sectors by that time. The Downtown Burj Dubai, which is going to host the Burj Dubai Tower, apart from many other developments Sven Baertschi Canucks Jersey , is expected to fulfill this growing need. The township will have nine Dubai hotels, over a dozen and half residential towers, one low-rise township called The Old Town, the world's largest mall, The Dubai Mall Alex Burmistrov Canucks Jersey , and loads of leisure outlets such as cafes, stylish boutiques, restaurants etc to add more to its charm.
The Downtown Burj Dubai will provide roughly 30,000 serviced apartments, penthouses Thomas Vanek Canucks Jersey , villas and several Dubai hotels for staying in the city. The 63-story tall Dubai Lake Hotel & Serviced Apartments is one of these projects, which will offer exclusive apartments and studios for outright sale. The tower will also host a 210-room luxury hotel, which will be managed by a leading luxury hotel group. Another housing development is called Boulevard Crescents, which will comprise of 1, 2 and 3 bedroom luxury residential suits and penthouses. A very beautiful landscape encircling these apartments will add more value to one's stay in Dubai.
The world's largest mall Jacob Markstrom Canucks Jersey , The Dubai Mall, is also located in the same area, where you can find the goods of your preference to fulfill your desires. This retail giant will house over a dozen built-in smaller malls, each catering to the needs of an individual market. The mall will be spreading over an area of 12.1 million ft锟? and will begin its operations by August 2008. These developments, along with the spirited rise of the tower Burj Dubai Brandon Sutter Canucks Jersey , are bound to add a significant amount of growth in the city's tourism and retail sectors. Author's Resource Box
Pankaj Mohan is a freelance writer, who often writes on behalf of Dubaishortstay. Check out this site for Dubai hotels and various Burj Dubai developments.
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DUBLIN, Feb. 2 (Xinhua) -- Ireland was in talks with U.S. tech firm Apple over setting up an escrow account for the 13 billion euros (13.9 billion U.S. dollars) the European Commission (EC) says is due to Ireland in back taxes, pending the outcome of an appeal against the EC's ruling, a cabinet minister said on Thursday.
"Irish officials are currently negotiating the terms of such an escrow fund which may be established by a commercial contract with Apple, subject to the views of the Commission," Irish Finance Minister Michael Noonan said in an address to parliament.
In August last year, the EC ruled that Ireland granted undue tax benefits of up to 13 billion euros to Apple, saying that "selective treatment" allowed Apple to pay a tax rate of 1 percent on EU profits in 2003 down to 0.005 percent in 2014.
In response to the ruling, the Irish government decided to appeal to the Court of Justice of the European Union.
"Obviously, the terms of such an escrow fund are subject to confidential and commercially sensitive considerations and as a result I will not be able to discuss them at this time," he said.
In his address, Noonan argued that it is simply untrue that Ireland provided favorable treatment to Apple. He said that the EC is undermining the fundamental principle of international tax: that tax should be paid where the value is created.