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The Burj Dubai, the world's tallest skyscraper, opened to the public Monday.  (Source: Wall Street Journal)

The opening was capped by an impressive nightime lightshow, complete with 10,000 fireworks.  (Source: BurjDubaiSkyscraper.com)
New tallest building easily surpasses the previous giant's 500+ meter mark

The Burj Khalifa ("Khalifa Tower" in Arabic), formerly known as Burj Dubai, is a marvel of modern engineering and architecture.  Under construction since September 2004, the massive tower was finally completed this year and on Monday opened to the public for the first time, allowing it to officially claim the title of the world's largest supertall building.  The world is now free to marvel at the tower which is located in Dubai.

Standing at approximately half a mile high, the tower's 828 meter estimated height easily outdoes the previous record holder -- the 509 meter Taipei 101, located in Taiwan.  The new record holder's principal builder was the South Korean Samsung C&T, who also built the Taipei 101 and the Petronas Twin Towers.

The tower features nearly 3.6 million square feet and cost the Dubai sheikdom an estimated $20B USD.  The building project was masterminded by Sheik Mohammed bin Rashid Al Maktoum, the city-state's 60-year-old hereditary leader.

Saud Masud, head of research at UBS AG in Dubai said the tower was designed to help Dubai "stay in the limelight as home to a global landmark."

Hopes are high amid trouble in the region.  Worldwide, the sheikdom has garnered criticism for its profiteering on high oil prices in the 90s and current decade.  At the same time it suffered substantial loss of wealth during the recent recession with November bringing the announcement that one of nation's largest government-owned conglomerates could not repay its debts, news that sent shockwaves through the global investing economy.

Despite over $80B USD in debt and the expectation that Dubai real estate prices could drop 30 percent in 2010, after falling 50 percent in 2009, the sheikdom is looking to spare no expense at the tightly secured grand opening ceremony today.  The opening ceremony is said to involve 10,000 fireworks.

While Dubai has suffered financially, its southern neighbor Abu Dhabi has thrived, wisely reinvesting oil profits and largely weathering the recession.  Sheik Mohammed turned to Abu Dhabi for financial assistance.  The fellow emirate lent Sheik Mohammed an undisclosed amount, helping to reduce his emirate's debt burden and continue with ambitious construction projects like the Burj Khalifa.

Dubai now turns its attention to the upcoming Nakheel Towers, a new skyscraper, currently under construction, which aims to reach 1 kilometer high.  A similar kilometer-high tower, the Burj Mubarak is being built in Kuwait.



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RE: Funded by you and me.
By Reclaimer77 on 1/5/2010 2:28:23 PM , Rating: 2
Someone argued with me that 911 and subsequent terror attacks were because we " are in their lands and meddle in their affairs ".

My above comment played on that. If it's a just and rational thing to blow up civilian population centers because we were in their lands, am I now justified in doing the same ? Because on 911 our lands were most certainly assaulted.

Food for thought :P


RE: Funded by you and me.
By rmclean816 on 1/5/2010 3:45:53 PM , Rating: 2
are you on crack?


RE: Funded by you and me.
By bupkus on 1/5/2010 10:04:23 PM , Rating: 3
That's your second reference to "crack" in just this one topic.
Are you asking because you're selling?


RE: Funded by you and me.
By rmclean816 on 1/5/2010 11:16:28 PM , Rating: 3
genius


RE: Funded by you and me.
By bupkus on 1/6/2010 2:23:29 AM , Rating: 2
15 words total in 4 posts. Your contribution to discussion and understanding is astounding. If you have something to say, f***in say it. Any idiot can sneer and not really understand a damn thing they're reading.
You are a moron, rmclean816. Care to comment on that, genius?


RE: Funded by you and me.
By mindless1 on 1/6/2010 7:08:36 AM , Rating: 2
Supposing you feel someone is a moron, have you appointed it your life's work to try and correct them all online?

You do realize there is not enough time in one entire lifetime to counter such things? Just as in real life you can't walk up to everyone and *fix* them no matter how hard you try or want to, so stop trying online and learn to ignore, ignore, ignore.

... and by doing that, not only do people who are arguably seen as morons end up getting less time spent on them, the place is less cluttered up as a result too.


RE: Funded by you and me.
By bupkus on 1/6/2010 9:41:35 AM , Rating: 2
Right you are.


RE: Funded by you and me.
By ClownPuncher on 1/5/2010 4:18:55 PM , Rating: 2
By the UAE?


"If a man really wants to make a million dollars, the best way would be to start his own religion." -- Scientology founder L. Ron. Hubbard

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