DUBAI // After all the hype, the last-minute glitches and the splashing out of billions of dirhams, Fintan O'Rourke yesterday gave his verdict: "It's amazing ... but it scared the life out of me!"
Having brought his wife and three children to the opening day of the Atlantis Hotel, the US$1.5bn (Dh5.5bn) resort on Palm Jumeirah, Mr O'Rourke had just taken his first Leap of Faith and was still feeling the effects.
The waterslide, with its sheer, 27.5 metre drop - the equivalent of stepping out of a fifth-floor window - was the resort's most anticipated attraction, and it did not disappoint.
"The first thing I noticed was that the water was really cold. Then it was just this sheer vertical drop. All you can see is a mist ahead. You just lose all sense of gravity."
After the vertical plunge, the tallest, fastest free-fall waterslide in the Middle East sends you speeding through a transparent tunnel inside a lagoon filled with sharks.
"There is so much water spray I didn't really notice the sharks but you are still going really fast. Then there's another sheer drop from the tunnel and splash into the water below and then it's all over. It's a real rush."
Once finished, Mr O'Rourke was all for climbing back up and doing it all over again.
His wife Laura was not as enthusiastic. "You are not going to get me going on that," she said. "It looks excellent but it would be a bit too much for me."
Yesterday's opening of the 1,539-bedroom hotel appeared to go remarkably smoothly. The project, a joint venture between Kerzner International, based in The Bahamas, and Istithmar, a subsidiary of Dubai World, includes a water park, dolphinarium, shops, conference halls and 17 restaurants.
As Mr O'Rourke's heart rate began to slow down, he and his and family, who live on the Palm Jumeirah, went off to explore the rest of the resort.
"The first thing my son said when we walked into the lobby and saw the fish tank was: 'Look Daddy, it's Nemo'", referring to one of the clownfish that figures prominently in the 2003 animated film Finding Nemo by Pixar Animation Studios and Walt Disney Pictures.
In fact Rafferty, aged two, will have seen a few "Nemos" as the Ambassador Lagoon is full of clownfish. They share the 11 million-litre tank with marine life from the Arabian Gulf, including golden trevallys, cobias and crescent angelfish.
Peering into the massive aquarium is like standing 10 metres under water. The lost city of Atlantis has been concocted on the tank floor and thousands of fish swim in and out of its sunken streets. In all, the resort is home to 65,000 fish and sea creatures.
Nevertheless, it has faced a flurry of criticism from conservationists who said the hotel should not have imported 28 captured bottlenose dolphins from the Solomon Islands.
One of the hotel's star attractions, a whale shark found in distress in shallow waters off Jebel Ali, is to be released back into the wild after it has recovered.
Yesterday, as 700 guests checked into their rooms, it was hard to believe that only three weeks ago black smoke was billowing over the beach as a fire in the hotel lobby caused US$35 million worth of damage. Builders were forced to work around the clock to replace a 43-metre dome in the lobby, but guests seemed unaware of the drama.
Paul and Lindsay Cutting had flown in from London that morning and were staying four nights. "So far, I have to say it is very good," said Mrs Cutting. "We saw it advertised and thought it would be a great opportunity to stay here on its opening."
The couple had just been enjoying breakfast at the hotel. "Everything was so fresh and the staff and the service were excellent. So far, it meets the five-star expectations," she added.
Giorgio Locatelli, the two-star Michelin chef, was preparing the first dish of the day - spaghetti with pepper, garlic oil and chili - in his restaurant, Ronda Locatelli. "I've been involved in this for the past two and half years and it's great that we are now open," he said.
The resort's official opening will take place on Nov 20, when 2,000 guests will hear the Australian pop star Kylie Minogue make her debut in the Middle East at a gala beach party.
eharnan@thenational.ae
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COMPANY%20PROFILE
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THREE
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The five pillars of Islam
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The five pillars of Islam
World Cricket League Division 2
In Windhoek, Namibia - Top two teams qualify for the World Cup Qualifier in Zimbabwe, which starts on March 4.
UAE fixtures
Thursday February 8, v Kenya; Friday February 9, v Canada; Sunday February 11, v Nepal; Monday February 12, v Oman; Wednesday February 14, v Namibia; Thursday February 15, final
Jigra
Starring: Alia Bhatt, Vedang Raina, Manoj Pahwa, Harsh Singh
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
COMPANY PROFILE
● Company: Bidzi
● Started: 2024
● Founders: Akshay Dosaj and Asif Rashid
● Based: Dubai, UAE
● Industry: M&A
● Funding size: Bootstrapped
● No of employees: Nine
How to get exposure to gold
Although you can buy gold easily on the Dubai markets, the problem with buying physical bars, coins or jewellery is that you then have storage, security and insurance issues.
A far easier option is to invest in a low-cost exchange traded fund (ETF) that invests in the precious metal instead, for example, ETFS Physical Gold (PHAU) and iShares Physical Gold (SGLN) both track physical gold. The VanEck Vectors Gold Miners ETF invests directly in mining companies.
Alternatively, BlackRock Gold & General seeks to achieve long-term capital growth primarily through an actively managed portfolio of gold mining, commodity and precious-metal related shares. Its largest portfolio holdings include gold miners Newcrest Mining, Barrick Gold Corp, Agnico Eagle Mines and the NewMont Goldcorp.
Brave investors could take on the added risk of buying individual gold mining stocks, many of which have performed wonderfully well lately.
London-listed Centamin is up more than 70 per cent in just three months, although in a sign of its volatility, it is down 5 per cent on two years ago. Trans-Siberian Gold, listed on London's alternative investment market (AIM) for small stocks, has seen its share price almost quadruple from 34p to 124p over the same period, but do not assume this kind of runaway growth can continue for long
However, buying individual equities like these is highly risky, as their share prices can crash just as quickly, which isn't what what you want from a supposedly safe haven.
COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
VEZEETA PROFILE
Date started: 2012
Founder: Amir Barsoum
Based: Dubai, UAE
Sector: HealthTech / MedTech
Size: 300 employees
Funding: $22.6 million (as of September 2018)
Investors: Technology Development Fund, Silicon Badia, Beco Capital, Vostok New Ventures, Endeavour Catalyst, Crescent Enterprises’ CE-Ventures, Saudi Technology Ventures and IFC
Company%20Profile
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Sam Smith
Where: du Arena, Abu Dhabi
When: Saturday November 24
Rating: 4/5
6 UNDERGROUND
Director: Michael Bay
Stars: Ryan Reynolds, Adria Arjona, Dave Franco
2.5 / 5 stars
FINAL RESULT
Sharjah Wanderers 20 Dubai Tigers 25 (After extra-time)
Wanderers
Tries: Gormley, Penalty
cons: Flaherty
Pens: Flaherty 2
Tigers
Tries: O’Donnell, Gibbons, Kelly
Cons: Caldwell 2
Pens: Caldwell, Cross
Movie: Saheb, Biwi aur Gangster 3
Producer: JAR Films
Director: Tigmanshu Dhulia
Cast: Sanjay Dutt, Jimmy Sheirgill, Mahie Gill, Chitrangda Singh, Kabir Bedi
Rating: 3 star
The%20specs
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The specs: 2017 Maserati Quattroporte
Price, base / as tested Dh389,000 / Dh559,000
Engine 3.0L twin-turbo V8
Transmission Eight-speed automatic
Power 530hp @ 6,800rpm
Torque 650Nm @ 2,000 rpm
Fuel economy, combined 10.7L / 100km
UAE currency: the story behind the money in your pockets
Ireland (15-1):
Ireland (15-1): Rob Kearney; Keith Earls, Chris Farrell, Bundee Aki, Jacob Stockdale; Jonathan Sexton, Conor Murray; Jack Conan, Sean O'Brien, Peter O'Mahony; James Ryan, Quinn Roux; Tadhg Furlong, Rory Best (capt), Cian Healy
Replacements: Sean Cronin, Dave Kilcoyne, Andrew Porter, Ultan Dillane, Josh van der Flier, John Cooney, Joey Carbery, Jordan Larmour
Coach: Joe Schmidt (NZL)
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What went into the film
25 visual effects (VFX) studios
2,150 VFX shots in a film with 2,500 shots
1,000 VFX artists
3,000 technicians
10 Concept artists, 25 3D designers
New sound technology, named 4D SRL
COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
Electoral College Victory
Trump has so far secured 295 Electoral College votes, according to the Associated Press, exceeding the 270 needed to win. Only Nevada and Arizona remain to be called, and both swing states are leaning Republican. Trump swept all five remaining swing states, North Carolina, Georgia, Pennsylvania, Michigan and Wisconsin, sealing his path to victory and giving him a strong mandate.
Popular Vote Tally
The count is ongoing, but Trump currently leads with nearly 51 per cent of the popular vote to Harris’s 47.6 per cent. Trump has over 72.2 million votes, while Harris trails with approximately 67.4 million.
COMPANY PROFILE
Name: Qyubic
Started: October 2023
Founder: Namrata Raina
Based: Dubai
Sector: E-commerce
Current number of staff: 10
Investment stage: Pre-seed
Initial investment: Undisclosed
Temple numbers
Expected completion: 2022
Height: 24 meters
Ground floor banquet hall: 370 square metres to accommodate about 750 people
Ground floor multipurpose hall: 92 square metres for up to 200 people
First floor main Prayer Hall: 465 square metres to hold 1,500 people at a time
First floor terrace areas: 2,30 square metres
Temple will be spread over 6,900 square metres
Structure includes two basements, ground and first floor
England Test squad
Joe Root (captain), Moeen Ali, James Anderson, Jonny Bairstow (wicketkeeper), Stuart Broad, Jos Buttler, Alastair Cook, Sam Curran, Keaton Jennings, Dawid Malan, Jamie Porter, Adil Rashid, Ben Stokes.
Russia's Muslim Heartlands
Dominic Rubin, Oxford
Australia men's Test cricket fixtures 2021/22
One-off Test v Afghanistan:
Nov 27-Dec 1: Blundstone Arena, Hobart
The Ashes v England:
Dec 8-12: 1st Test, Gabba, Brisbane
Dec 16-20: 2nd Test, Adelaide Oval, Adelaide (day/night)
Dec 26-30: 3rd Test, Melbourne Cricket Ground, Melbourne
Jan 5-9, 2022: 4th Test, Sydney Cricket Ground, Sydney
Jan 14-18: 5th Test, Optus Stadium, Perth
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Opening weekend Premier League fixtures
Weekend of August 10-13
Arsenal v Manchester City
Bournemouth v Cardiff City
Fulham v Crystal Palace
Huddersfield Town v Chelsea
Liverpool v West Ham United
Manchester United v Leicester City
Newcastle United v Tottenham Hotspur
Southampton v Burnley
Watford v Brighton & Hove Albion
Wolverhampton Wanderers v Everton