THE WORLD FROM THE SKY: On January 13 2007, ArabianBusiness.com in a world exclusive published the first photograph of The World islands in Dubai following their completion after five years of development. The last rock for the project was placed on the 27-kilometre breakwater which surrounds The World, 300 man -made islands off the coast of Dubai, on January 10, marking the completion of the first phase of one of the world\'s most exclusive real estate development projects. ArabianBusiness.com will be publishing a prestigious multimedia special report about the project in February. (January 2008, ArabianBusiness.com)
Dubai’s largest listed contractor, Arabtec, has been on shaky foundations for the past two years, recording losses for six consecutive quarters. But Raja Hani Ghanma, CEO of its construction subsidiary, explains how the company is gradually building back up to profit.