Of Course Dubai is Building a 500-Foot Gold-Plated Picture Frame

first_img World’s First Luxury Space Hotel Promises Climbing Wall, Low-Gravity Basketball Courts To Find Beauty In Yosemite, Just Whip Out Your (Honda) Passport Dubai is a bit like the Houston of the Middle East. It’s unapologetically bold, brash, and over-the-top — a city that elevates conspicuous consumption to an art form. Every monument, building, and theme park is more lavish and expensive than the last. So, when architects imagined framing the city’s skyline with a 50-story-tall, gold-leafed picture frame, no one batted an eye.This month will see the opening of The Dubai Frame. The massive frame consists of two 150-meter-high glass towers — roughly 500 feet, or 50 stories, to us Statesiders — making it the world’s largest picture frame. A glass bridge will connect the towers, providing visitors with a panoramic view of the city, including Karama, Deira, Bur Dubai, and the Emirates tower. On the ground floor, a museum and gallery will feature interactive exhibits and 3D projections of the city’s old quarter, which will make use of virtual reality technology to explain its history.The Dubai Frame/FacebookThe designers’ intent was to “frame” (get it?) the two sides — old and new — of the city. To put it more esoterically: “The idea is to create an illusion of time travel through a warp vortex and arriving into the city 50 years ahead.”From its location in popular Zabeel Park, visitors will be able to scope out the city’s old quarter (to the north) and New Dubai (in the south), and vice-versa. While the frame was initially slated to be silver, the designers felt that didn’t pack enough punch. It was changed to gold plating to more strongly reflect the sun and intensify its brightness.The Dubai Frame joins a long list of over-the-top attractions aimed at increasing tourism to the city. Most notable are the famed Burj Khalifa (at nearly a half-mile high, it’s the world’s tallest building) and Burj Al Arab (often called “the most luxurious hotel in the world”). The Frame alone is projected to attract 2 million visitors each year.The project has already seen numerous setbacks and weathered waves of controversy. In spite of them all, the Frame opened this month (January 2018), and advanced purchase tickets are available through a dedicated pre-booking website for about USD $14 for adults. This All-Black Cabin is Like a Pair of Binoculars Taking in the Canadian Wilderness This Little House in Washington Has Big Personality This Belgian-Monastery-Turned-Hotel Has Us Craving a Trip to Antwerp Editors’ Recommendations last_img read more

Ongoing strong outlook for China according to Macquarie

first_imgMacquarie hosted its 2008 China Commodities Conference last week and has provided a summary of some of the main presentations from the week. Most speakers highlighted the ongoing strong outlook for the Chinese economy both in the short and the medium term with little impact being felt from the US slowdown; in fact, domestic demand in construction appears to be slightly faster than last year. It was felt that the negative impact from the earthquake in Sichuan will be minimal and that it should be slightly positive for 2009 demand as a result of rebuilding.There was a variety of views on the impact of industrial closures for environmental and other reasons around the time of the Beijing Olympics (starting August 8). Despite all the speculation and conjecture, nothing firm has been issued by the government regarding actual closures. Some speakers opined that up to 100 Mt/y of steel capacity within a 300 km radius of Beijing could be closed for up to three months, losing 20 Mt of steel production. Others thought this was way too high and highlighted likely reductions in explosives supplies to Chinese mines (partly for terrorist reasons), which would create coal and iron ore shortages. On balance, Macquarie thinks the actual impacts will be minimal but more likely to be bullish (reducing supplies of materials more than demand) for commodity prices.Presentations on the whole were bullish for coal (coking and thermal) and steel prices and slightly negative for short-term iron ore spot prices. Speakers were bearish on short-term developments in the nickel market (due to stainless production cuts), but prices are below marginal costs of production of nickel pig iron so the downside is limited. Short-term aluminium, zinc and copper looked a little weaker but the medium-term prospects for aluminium (due to rising costs) and copper (due to a bounce in demand after de-stocking) remain strong.last_img read more