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Why was the Burj Dubai renamed as Burj Khalifa once the construction was completed?”

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Why was the Burj Dubai renamed as Burj Khalifa once the construction was completed?”

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By ADAM SCHRECK, Associated Press Writer Adam Schreck, Associated Press Writer – Mon Jan 4, 5:09 pm ET DUBAI, United Arab Emirates – Dubai opened the world’s tallest skyscraper Monday in a blaze of fireworks, then added a final flourish: It renamed the half-mile-high tower for the head of neighboring Abu Dhabi, whose billions bailed out Dubai amid last year’s financial crisis. Long known as Burj Dubai — Arabic for “Dubai Tower” — the building rises 2,717 feet (828 meters) from the desert. The $1.5 billion “vertical city” of luxury apartments and offices and a hotel designed by Giorgio Armani also plans to have the world’s highest mosque (158th floor) and swimming pool (76th floor). Its backers wanted the skyscraper to be a monument to the boundless, can-do spirit of Dubai — one of a federation of seven small sheikdoms that make up the United Arab Emirates — but the timing could not be worse. Property prices in parts of Dubai collapsed by nearly half in the past year, the result of easy

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It will be renamed Burj Khalifa, after the president of the United Arab Emirates and emir of Abu Dhabi. http://blogs.wsj.com/speakeasy/2010/01/04/burj-dubai-receives-opening-celebration-and-new-name/ * January 4, 2010, 5:00 PM ET Burj Dubai Receives Opening Celebration — and New Name By Stefania Bianchi Stefania Bianchi At the opening of the Burj Dubai, the world’s tallest skyscraper, there were 10,000 fireworks, a dancing fountain, traditional Emirati dancers, skydivers and an impressive light show — but the biggest surprise of the evening came from Dubai’s ruler, Sheik Mohammed Bin Rashid Al Maktoum. Shortly after making his signature entrance in his white G55 Mercedes, number plate 1, Sheik Mohammed stopped to make a brief speech, saying that the tower, which has so far been known as Burj Dubai, would be renamed Burj Khalifa, after the president of the United

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