Sports cars are not enough. Ferrari-branded goodies are expanding. Behind the sunglasses, perfumes, laptops, etc. .. Now he is taking with its own Disneyland theme park. Doors open in 2009 in Abu Dhabi, the capital of the UAE.

A large slice of desert on the island of Yas will be reclaimed at the park headquarters, which includes 24 attractions, including a 70-meter high, G-Force Tower and what purported to be F1′s first roller coaster ride double mark, allowing races between carriages.

What else will you be there? This is a general outline, including a racetrack headquarters for Abu Dhabi Grand Prix in 2009, elegant hotels, apartments, villas, a golf course and marina, dozens of restaurants and shops … you get the idea.

All this will cost around £ 300 million.

Ferrari World Abu Dhabi ( Video )

Some beautiful pictures of unique mosque located in Abu Dhabi.

The question is “Is Dubai started to recovered from current economy crunch?”

The Dubai Financial Market General Index climbed 1.07 per cent to 1,558.00 and Abu Dhabi Securities Exchange Index advanced 0.54 per cent to 2,424.80.

The Dubai and Abu Dhabi stock market indices rose for the fourth straight day as investor sentiments seemed to be buoyed by expectations of stimulus measures starting to effect a recovery towards the year end.

Matthew Wakeman, managing director of cash and equity-linked trading at EFG-Hermes said, “There is increased concurrence among investors and analysts that current stimulus and quantitative easing measures in Western Economies will start to deliver results and spark the first glimmers of recovery this year”.

“Investors now have a two-pronged reason for buying, the first is the ongoing speculation about stimulus and cash injections on a global and domestic level, and the second is quarter one results.”

Among the top traded stocks on DFM were Air Arabia, Ajman Bank and Emaar that gained 5.15 per cent to Dh1.02; 2.83 per cent to Dh1.09 and 4.78 per cent to Dh2.19 respectively. Dubai Islamic Bank also jumped 5.86 per cent to end at Dh2.53. Dubai Investments Company fell 6.61 per cent to Dh1.13 and Emirates NBD sank 3.49 per cent to Dh3.04.

In Abu Dhabi, Arkan was the biggest gainer, jumping 9.85 per cent to Dh5.02 and extending its two-day rally to about 20 per cent.

Abu Dhabi National Energy Company (Taqa), gained 6.51 per cent to Dh1.79, Aldar Properties, which advanced 5.49 per cent to Dh2.50; and Aabar Investments, up 3.98 per cent to Dh1.83.

First Gulf Bank and National Bank of Umm Al Quwain declined 7.30 per cent to Dh8.00 and 9.09 per cent to Dh3.50 respectively.

“Bank stocks were under pressure… with the exception of Dubai Islamic Bank which is part of a syndicate with RBS and Standard Chartered to refinance Dewa’s $2.2 billion Islamic loan,” said Wakeman.

Capital Gate in Abu Dhabi is set to enter the Guinness Book of Records as the ‘world’s most inclined tower.’ It will lean 4 times as far as Leaning Tower of Pisa.


Capital Gate will accommodate the 5-star Hyatt at Capital Centre hotel and will provide the most exclusive office space in Abu Dhabi. The tower forms a major part of the Capital Centre development, a $2.2 billion business and residential micro city being constructed around the thriving Abu Dhabi National Exhibition Centre.

The new 200 room, 5-star hotel to be operated by Hyatt International will open in late 2009 and will be the first Hyatt operated hotel in the UAE capital. In recognition of its significance and its stature, Hyatt International has named the hotel ‘Hyatt at Capital Centre’. It will be one of the most exclusive business hotels in the world. Hyatt International already operates 3 luxury hotels in Dubai, UAE under the brands Park Hyatt, Grand Hyatt and Hyatt Regency.

Capital Gate leans westward an astonishing 18 degrees; by comparison the Leaning Tower of Pisa leans less than 4 degrees. Because of its unique posture, the tower is being constructed on top of an incredibly dense mesh of reinforced steel. The dense mesh sits above an intensive distribution of 490 piles which have been drilled 30 meters underground to accommodate the gravitational, wind and seismic pressures caused by the lean of the building.

Its graceful, asymmetric diagonal structure, known as a ‘diagrid’, supports the tilting external load of the building and we believe that this is the first building in the world to use a pre-cambered core. Other diagrid buildings include the Hearst Tower in NYC and the “Gherkin” in London.

Besides being believed to be the ‘world’s most inclined’ building, Capital Gate also features 728 unique custom-made diamond-shaped glazing panels. Due to the structure’s curving shape, each pane of glass is different and each will be fitted at a slightly different angle.