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Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

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When SpaceX starts trading, some 'shareholders' will discover they own nothing at all

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Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer
Dubai

Dubai is building another seemingly impossible project

By
Laura Lorenzetti
Laura Lorenzetti
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By
Laura Lorenzetti
Laura Lorenzetti
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August 5, 2015, 4:34 PM ET
Courtesy of The Meydan City Corporation

Looking for a new skiing destination? You might want to add the desert kingdom of Dubai to your list.

The Gulf emirate has announced plans to build the world’s longest indoor ski slope, which will be part of a larger construction project that when completed will be home to the world’s tallest residential building and the largest dancing fountain, reported The National.

The first phase of the new complex, called Meydan One, will cover 40 million square feet and cost $6.8 billion to build. It’s set to be completed by 2020.

This isn’t Dubai’s first indoor ski slope, but the new slope will be three times longer than Ski Dubai in the Mall of the Emirates, which already holds the world record for being the world’s largest indoor ski resort. The new ski run will be 1.2 kilometers — or 0.75 miles — long.

Dubai is well-known for its elaborate construction projects. It is already home to the Burj Khalifa, the world’s tallest tower at 2,722 feet high.

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