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Dubai Pearl (Arabic: لؤلؤة دبي) was a 73-storey, 300 m (984 ft), tall residential skyscraper project situated along Al Sufouh Road in Dubai, United Arab Emirates. The project was first announced in 2002. [1] Construction was on hold from 2006 to 2022. As per reports, demolition work is ongoing at the site as of January 23rd, 2023. [2]
The company maintains corporate offices in Kampala and Dubai. Pearl Dairy Farms Limited maintains a subsidiary in Kenya. As of 2015, the company had plans to construct a milk processing plant of its own in the county. Until that factory is built, the company markets dairy products in Kenya, manufactured in its Ugandan plant. [7]
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The Pearl Initiative is a non-profit organization founded in 2010 that focuses on corporate governance, accountability and transparency in the Persian Gulf region. [1] [2] The organization publishes reports, [3] and holds regular events. [4] [5] It holds annual Case Study Competitions across the Gulf Region.
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Tourism is a major economic source of income in Dubai and part of the Dubai government's strategy to maintain the flow of foreign cash into the emirates. [19] The tourism sector contributed in 2017 about $41 billion to the GDP, making up 4.6% of the GDP, and provided some 570,000 jobs, accounting for 4.8% of total employment. [20]
The United Arab Emirates [b] (UAE), or simply the Emirates, [c] is a country in West Asia, in the Middle East, at the eastern end of the Arabian Peninsula.It is a federal elective monarchy made up of seven emirates, with Abu Dhabi serving as its capital. [15]