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Dubai developer approves gold and business towersThe news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council. Wednesday, 29th December 2004 (6249 views) Building designs for Dubai's Jumeirah Lake Towers are beginning to be approved by Nakheel, a local property development company.<br/><br/>The towers are to house a number of residential and commercial sites, including areas for the gold, jewellery and diamond sectors.<br/><br/>According to Asia Travel Tips, property firm Nakheel has approved 14 of the 78 towers suggested so far.<br/><br/>Sultan Ahmed Bin Sulayem, Executive Chairman, Nakheel said: "As the project will consist of contemporary high rise buildings for commercial and residential use, our focus is on creating a distinctive ambience for all occupants. <br/><br/>"We have therefore attached high priority to the design element, in order to ensure an equal blend of aesthetics and elegance."<br/><br/>The Dubai Metals and Commodities Centre (DMCC) has launched three towers named 'Almas', 'Au' and 'Elaf'.<br/><br/>The 'Au' tower has been specially conceptualised and designed to address specific requirements and is for gold and jewellery market participants.<br/><br/>According to the DMCC, the tower will also be the base of the Dubai Gold and Commodities Exchange.<img src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=7440173"/>
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