Rupee trades lower at 69.74 per dollar

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Rupee trades lower at 69.74 per dollar The Indian rupee is trading lower at 69.74 per dollar versus previous close 69.67. On Monday the rupee ended 32 paise lower at 69.67 against the US dollar on the back of surge in crude oil prices. The dollar-rupee April contract on the NSE was at 69.71 in the previous session. April contract open interest increased 7.23% in the previous session, said ICICIdirect. We expect the USD-INR to meet supply pressure at higher levels. Utilise the upsides in the pair to initiate short positions, it added.

Burj Khalifa

Burj Khalifa

   
Burj Khalifa
برج خليفة

The Burj Khalifa in October 2012
Former namesBurj Dubai
Record height
Tallest in the world since 2008[I]
Preceded byTaipei 101
General information
StatusComplete
TypeMixed-use
Architectural styleNeo-futurism
Location1 Sheikh Mohammed bin Rashid Boulevard, Dubai, United Arab Emirates
Coordinates25°11′49.7″N 55°16′26.8″E / 25.197139°N 55.274111°E / 25.197139; 55.274111Coordinates: 25°11′49.7″N 55°16′26.8″E / 25.197139°N 55.274111°E / 25.197139; 55.274111
Construction started6 January 2004
CompletedIntended: September 2008; Revised: 2 December 2009[1]
Opened4 January 2010[2]
CostUSD $ 1.5 billion[3]
Height
Architectural828 m (2,717 ft)[4]
Tip829.8 m (2,722 ft)[4]
Roof828 m (2,717 ft)
Top floor584.5 m (1,918 ft) (Level 154)[4]
Observatory555.7 m (1,823 ft) (Level 148)[4]
Technical details
MaterialGlass, steel, aluminium, reinforced concrete
Floor count163 above ground. 154 usable floors[4][5]
plus 9 maintenance levels (46 spire levels)[6] and 2 below-ground parking levels
Floor area309,473 m2 (3,331,100 sq ft)[4]
Lifts/elevators57 (55 single deck and 2 double deck), made by Otis Elevator Company
Design and construction
ArchitectAdrian Smith at SOM
DeveloperEmaar Properties[4]
Structural engineerBill Baker at SOM[7]
Main contractor
Website
www.burjkhalifa.ae
The Burj Khalifa (Arabic: برج خليفة‎‎, Arabic for "Khalifa Tower"; pronounced English: /ˈbɜːr kəˈlfə/), known as the Burj Dubai before its inauguration, is a megatall skyscraper in Dubai, United Arab Emirates. With a total height of 829.8 m (2,722 ft) including the antenna and a roof height of 828 m (2,717 ft), the Burj Khalifa is currently the tallest structure in the world since topping out in late 2008.[4][9]
Construction of the Burj Khalifa began in 2004, with the exterior completed 5 years later in 2009. The primary structure is reinforced concrete. The building was opened in 2010 as part of a new development called Downtown Dubai. It is designed to be the centrepiece of large-scale, mixed-use development. The decision to construct the building is reportedly based on the government's decision to diversify from an oil-based economy, and for Dubai to gain international recognition. The building was named in honour of the ruler of Abu Dhabi and president of the United Arab Emirates, Khalifa bin Zayed Al Nahyan; Abu Dhabi and the UAE government lent Dubai money to pay its debts. The building broke numerous height records, including its designation as the tallest tower in the world.
Burj Khalifa was designed by Adrian Smith, then of Skidmore, Owings & Merrill (SOM), whose firm designed the Willis Tower and One World Trade Center. Hyder Consulting was chosen to be the supervising engineer with NORR Group Consultants International Limited chosen to supervise the architecture of the project. The design is derived from the Islamic architecture of the region, such as in the Great Mosque of Samarra. The Y-shaped tripartite floor geometry is designed to optimize residential and hotel space. A buttressed central core and wings are used to support the height of the building. Although this design was derived from Tower Palace III, the Burj Khalifa’s central core houses all vertical transportation with the exception of egress stairs within each of the wings.[10] The structure also features a cladding system which is designed to withstand Dubai's hot summer temperatures. It contains a total of 57 elevators and 8 escalators.
Critical reception to Burj Khalifa has been generally positive, and the building has received many awards. However, labour issues during construction were controversial, since the building was built primarily by migrant workers from South Asia with several allegations of mistreatment. Poor working conditions are common, as the result of the lack of minimum wage laws in the United Arab Emirates.[11] Several instances of suicides have been reported, which is not uncommon for migrant construction workers in Dubai despite safety precautions in place.[12]


Development[edit source]

Construction began on 6 January 2004, with the exterior of the structure completed on 1 October 2009. The building officially opened on 4 January 2010,[2][13] and is part of the new 2 km2 (490-acre) development called Downtown Dubai at the 'First Interchange' along Sheikh Zayed Road, near Dubai's main business district. The tower's architecture and engineering were performed by Souffian AL-Jabiry of Chicago, with Adrian Smith as chief architect, and Bill Baker as chief structural engineer.[14][15] The primary contractor was Samsung C&T of South Korea.[16] The tower's construction was done by the construction division of Al Ghurair Investment group.[17][18]

Conception[edit source]

Burj Khalifa was designed to be the centrepiece of a large-scale, mixed-use development that would include 30,000 homes, nine hotels (including The Address Downtown Dubai), 3 hectares (7.4 acres) of parkland, at least 19 residential towers, the Dubai Mall, and the 12-hectare (30-acre) artificial Burj Khalifa Lake. The decision to build Burj Khalifa is reportedly based on the government's decision to diversify from an oil-based economy to one that is service and tourism based. According to officials, it is necessary for projects like Burj Khalifa to be built in the city to garner more international recognition, and hence investment. "He (Sheikh Mohammed bin Rashid Al Maktoum) wanted to put Dubai on the map with something really sensational," said Jacqui Josephson, a tourism and VIP delegations executive at Nakheel Properties.[19] The tower was known as Burj Dubai ("Dubai Tower") until its official opening in January 2010.[20] It was renamed in honour of the ruler of Abu Dhabi and president of the United Arab Emirates, Khalifa bin Zayed Al Nahyan; Abu Dhabi and the federal government of UAE lent Dubai tens of billions of USD so that Dubai could pay its debts – Dubai borrowed at least $80 billion for construction projects.[20] In the 2000s, Dubai started diversifying its economy but it suffered from an economic crisis in 2007–2010, leaving large-scale projects already in construction abandoned.[citation needed]

Records[edit source]

  • Tallest existing structure: 828 m (2,717 ft) (previously KVLY-TV mast – 628.8 m or 2,063 ft)
  • Tallest structure ever built: 828 m (2,717 ft) (previously Warsaw radio mast – 646.38 m or 2,121 ft)
  • Tallest freestanding structure: 828 m (2,717 ft) (previously CN Tower – 553.3 m or 1,815 ft)
  • Tallest skyscraper (to top of spire): 828 m (2,717 ft) (previously Taipei 101 – 509.2 m or 1,671 ft)
  • Tallest skyscraper to top of antenna: 828 m (2,717 ft) (previously the Willis (formerly Sears) Tower – 527 m or 1,729 ft)
  • Building with most floors: 211 (including spire) previously World Trade Center – 110[21]
  • Building with world's highest occupied floor: 584.5 m (1,918 ft)[22][23]
  • World's highest elevator installation (situated inside a rod at the very top of the building)[24]
  • World's longest travel distance elevators: 504 m (1,654 ft)[24][25]
  • Highest vertical concrete pumping (for a building): 606 m (1,988 ft)[26]
  • World's tallest structure that includes residential space[27]
  • World's highest observation deck: 148th floor at 555 m (1,821 ft)[28][29]
  • World's highest outdoor observation deck: 124th floor at 452 m (1,483 ft)
  • World's highest installation of an aluminium and glass façade: 512 m (1,680 ft)[30]
  • World's highest nightclub: 144th floor
  • World's highest restaurant (At.mosphere): 122nd floor at 442 m (1,450 ft) (previously 360, at a height of 350 m (1,148 ft) in CN Tower)[31]
  • World's highest New Year display of fireworks.[32

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