The architecture firm that designed the world’s tallest building is considering ways to build skyscrapers that can store energy using gravity. Skidmore, Owings & Merrill LLP has developed a series of prototype…
Tag: turn
Saudi Arabia to turn historic palaces into tourist attractions
The first group of historic palaces in the plan are Al Hamra Palace in the port city of Jeddah, the Red Palace in Riyadh and Tuwaiq Palace also in the Saudi capital….
Dubai renters turn homeowners? Developers offer affordable homes under Dh1 million
Dubai: Dubai property market is seeing a wave of offplan properties with Dh1 million or under price tags as developers try to convince more residents to turn themselves into end-user buyers. This…
Boeing may turn to outsider CEO to tackle spiraling crisis
Boeing’s board has begun the search for a big-hitter to take the helm of the troubled planemaker following the turbulent tenure of CEO Dave Calhoun, with many industry executives and analysts predicting…
It is Karl Lagerfeld’s turn to make a splash in Dubai’s branded property market
Dubai: Another global fashion label is all set to show up in UAE’s real estate space. This time, it’s Karl Lagerfeld, which will put its design stamp to 51villas at Meydan in…
Will foreign investors turn their eyes to UAE, GCC markets in 2024?
Last year, the focus was on AI enablers, such as Nvidia, who produced chips that facilitate AI. “They tend to be quite costly, experiencing a 200 per cent gain last year or…
Video: Saudi Arabia to turn decommissioned aircraft into cafes
“An agreement was reached with the Saudi Airlines to make use of five planes, which have gone out of service,” he said in media remarks. “We are seeking to develop the idea….
UAE's biggest banks turn apps into stock trade platforms – is this next big battle in financial services?
Dubai: Want to buy a trending stock on DFM or ADX? Just open the banking app on your phone… The leading banks in the UAE – including the new-gen digital-only ones –…
Owning a house can turn into a sour investment for some homebuyers: Here’s when
Dubai: Beyond the obvious benefits of having a place to call your own and reside for the long-term, homeownership is known for the profit perks that come with it being a worthwhile…