New Dubai tower to be taller than Burj Khalifa

April 11, 2016

Dubai, Apr 11: Emaar Properties on Sunday unveiled 'The Tower' worth $1 billion in its Dubai Creek Harbour development and the tower will be taller than Burj Khalifa.

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Burj Khalifa is the tallest building in the world and its height goes up to 828 metres.

Emaar Properties Chairman Mohamed Alabbar said that the new observation tower would be "a notch" taller than the Burj Khalifa. It is due to open by the time Dubai hosts the World Expo in 2020.

The new mega retail district, which will be launched in 2 months, will be linked to The Tower, Alabbar told reporters.

The chairman said: "The Tower in Dubai Creek Harbour is our tribute to the positivity, energy and optimism that Dubai and the UAE celebrate, led by a leardership committed to all-around progress.

The Tower serves as the vibrant core of Dubai Creek Harbour, a 6 sq. km world-class master planned development that is two times the size of Downtown Dubai and located 10 minutes form the Dubai International airport. The waterfront development is centred off the Dubai Creek, the cradle of Dubai's history and culture, and in close proximity to the Ras Al Khor National Wildlife Sanctuary, protected under the Enesco Ramsar Convention and home to over 67 species of water birds.

The new tower is designed by Spanish-Swiss architect Santiago Calatrava Valls will not be a traditional skyscraper but more of a cable-supported spire containing observation decks, hanging garden and possibly other tourist facilities.

With over 6.79 million sq m of residential space, 11.16 million sq m of retail precincts, 851,000 sq m of commercial property and 22 hotels with 4,400 rooms, Dubai Creek Harbour serves as a strong economic catalyst for Dubai.

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Comments

Ahmed..
 - 
Tuesday, 12 Apr 2016

I remember, 1400+ years ago Prophet Muhammad pbuh said : The hour will not be established till the people of desert (the camel shepherds) compete with one another in constructing HIGH BUILDINGS.
Nobody knows when is dooms day except ALLAH. but on being asked on the signs of the last day, The prophet Pbuh mentions \ You shall see the barefoot, naked, penniless shepherds competing in constructing high buildings. The hadith describes people who become RICH all of a sudden and then build NOT for NEED but only in COMPETITION.

We R seeing it in REALITY today... It is a MIRACLE of Prophet of ALLAH and we should PONDER on what Prophet of ALLAH said.
He asked mankind to worship only one God ALLAH and not to associate partners with him. Read QURAN. ALLAH speaks directly to the person who reads it & U will get the message of YOUR LIFE and its solution.

I believe in ALLAH as my LORD ,
Muhammad pbuh as my prophet and
ISLAM as my Deen...

ALLAH knows best."

Shuaib
 - 
Tuesday, 12 Apr 2016

Mr.Logic
If this is barren Land, why you are in dubai.

U must understand that because of attracting tourist, dubai is feeding you.

Asak
 - 
Monday, 11 Apr 2016

No doubt Qiyamah is approaching fast. This is one of the signs as per the Hadees of our beloved Prophet S.A. May Allah save His slaves from the Fitnah and safeguard our imaan forever.

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News Network
April 14,2020

Bengaluru, Apr 14: The Karnataka government has decided to adopt “remote monitoring” of COVID-19 positive patients in order to ensure the safety of healthcare professionals - the frontline warriors against the pandemic.

Two doctors treating COVID-19 patients tested positive recently and in to check such instances in future, the Department of Medical Education is planning remote monitoring, which reduces doctors’ exposure to patients.

Medical Education Minister Dr K Sudhakar has consulted some of the doctors in the United States who are already using this technology to treat the COVID-19 positive cases. The minister is also having a meeting with representatives of some of the companies which provide such technology.

“I spoke to a team of epidemiologists and heads of certain departments at the United States to know about the remote monitoring technology they are using. I am also meeting the representatives of a few such companies which can provide us with the technology at our hospitals,”  Dr Sudhakar said.

Track state-wise coronavirus cases here

The minister added, “We have heard reports of many doctors and other health professionals succumbing to COVID-19. We don’t want to take risk.” Explaining the technology, Dr Sachidanand, Vice Chancellor of Rajiv Gandhi University of Health Sciences said that remote monitoring uses a software with which specialist doctors can monitor health condition of patients and treat them by not getting exposed directly.

The presence of all the doctors in COVID-19 is not necessary when patients are monitored remotely. 

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News Network
June 6,2020

Jun 6: Private sector lender Karnataka Bank has reported to the RBI that it has been defrauded of over Rs 285 crore consequent to loans gone bad to four entities including DHFL.

A total of Rs 285.52 crore has been reported as fraud wherein the bank was one of the consortium lenders during 2009 to 2014 to Dewan Housing Finance Corporation Ltd (DHFL), Religare Finvest, Fedders Electric and Engineering Ltd and Leel Electricals Ltd, Karnataka Bank said in a regulatory filing on Friday.

The maximum is owed by DHFL at Rs 180.13 crore, followed by Religare Finvest Rs 43.44 crore, Fedders Electric Rs 41.30 crore and Leel Electricals Rs 20.65 crore.

"DHFL (defaulted entity) dealing with us since 2014 had availed various credit facilities under consortium arrangement wherein, we were one of the member banks. In view of Early Warning Signals (EWS) in the conduct of the account and other developments, the account was red flagged on November 11, 2019.

"The borrowing account was classified as Non-Performing Asset on October 30, 2019 and now, for misappropriation & criminal breach of trust & diversion of funds in the credit facilities extended earlier to the company, a fraud amounting Rs 180.13 crore has been reported to RBI," Karnataka Bank said.

Likewise, Religare Finvest Ltd (RFL) was dealing with the bank since 2014, availing various credit facilities.

Following classification of this account as non-performing in October 2019 by a consortium member, Karnataka Bank reported to RBI a fraud amounting to Rs 43.44 crore in the credit facilities extended earlier, on account of diversion of funds.

Leel Electricals was classified as NPA account in March 2019 and it reported to RBI a fraud amounting to Rs 20.65 crore in the credit facilities to the company on account of diversion of funds.

"In all the referred three non-performing accounts, necessary provisions have been made in full to be spread across four quarters," it said.

Fedders Electric and Engineering Limited was reported as NPA in July 2018 by a member bank in consortium, subsequent to which Karnataka Bank reported fraud of Rs 41.30 crore on account of fund diversion.

The account has already been fully provided for, it added.

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News Network
July 19,2020

Bengaluru, Jul 19: Senior JDS leader H D Kumaraswamy on Sunday advised the Karnataka government to utilise the services of private medical colleges in treating Covid-19 patients, by taking them into confidence, instead of threatening them with license cancellation for not complying with directives.

He also said a concentrated effort should be taken in the fight against coronavirus. "It was wrong for any hospital to deny treatment. It is also not correct on part of the government to threaten the private medical colleges with cancellation of their licence for that reason. It won't be of any help at this time of medical emergency.

Remember that MCI has the authority to cancel licenses, not government," Kumaraswamy tweeted. "Instead of showing fury on private medical colleges at such a time, concentrate on taking their service by taking them into confidence. Look into their needs. I urge for a concentrated fight against coronavirus," he added.

Chief Minister B S Yediyurappa had on Saturday convened a meeting with Private Medical College Hospitals regarding Covid management and directed them to provide 50 per cent of the beds as promised.

In another tweet, Kumaraswamy said the notice being put out by local administrations in front of coronavirus patient's house is leading to new age social discrimination and untouchability.

To ensure that infected patients and his family leads a respectable life, such a practice has to be dropped immediately. "..... instead health workers should be sent to their houses to educate and instill confidence in them," the former CM added.

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