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Dubai New Year 2018: midnight light show at the Burj Khalifa

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The Tower will form the heart of the Dubai Creek redevelopment project Credit: The conglomerate will establish a new organisational structure, a debt management programme, focus on growth in key priority sectors and launch new initiatives, a statement published by Dubai Media Office said. Abdulla Al Habbai, who took over the role from Mohammed Abdullah Al-Gergawi in March, confirmed that the company was embarking on a new strategy. The statement also confirmed that Edris Alrafi, the chief commercial officer at real estate developer Meraas, has been appointed as the new CEO of Dubai Holding.

CEO's Letter

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A rendering of the "garden" observation decks inside Dubai's The Tower Credit: A rendering of the base of the new Dubai tower "Wind engineering and seismic tests" are said to have been conducted on The Tower, while "every aspect is designed to the highest international standards, from the materials to the construction technology", according to Emaar Properties. Abdulla Al Habbai, who took over the role from Mohammed Abdullah Al-Gergawi in March, confirmed that the company was embarking on a new strategy. The hotel will be made up of two main discs, one above water and one below, they will be connected by three 'legs' which contain lifts and stairways to plunge guests from the sunshine above down beneath the surface of the sea.

Chairman's Introduction

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The statement also confirmed that Edris Alrafi, the chief commercial officer at real estate developer Meraas, has been appointed as the new CEO of Dubai Holding. Skyscrapers of the future "Safety rules are good, but can you really eliminate all risk? The new model is intended to achieve a stronger balance sheet and greater financial capacity for the group at large.

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