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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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Construction on a large scale is a part of Dubai Strategic Plan 2015 [2] unveiled by Mohammed bin Rashid Al Maktoum, the Ruler of Dubai, to maintain economic growth and to put Dubai on the map of the world, and a tourist destination of the world. [3] Construction on a large scale has turned Dubai into one of the fastest-growing cities in the world.
The Dubai skyline in 2010, a few months after Burj Khalifa completion The 828-metre (2,717 ft) tall Burj Khalifa in Dubai has been the world's tallest building since 2009. It has been classified as Megatall. [1] Below is a list of notable buildings in Dubai. Dubai has a varied set of buildings and structures in different architectural styles.
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.
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]