Dubai Frame sees more than a million visitors in first year Germany seeks to deepen finance sector ties with China

A giant picture frame in Dubai has enjoyed a landmark first year as more than a million people visited the unusual attraction.

Measuring 150 metres in height and 93 metres wide, Dubai Frame enables visitors to capture views of the emirate’s landmarks, including the Burj Khalifa on one side and older parts of the city on the other.

Dawoud Al Hajri, Director General of Dubai Municipality, commented: “The Dubai Frame comes from the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to establish Dubai as an international cultural, entertainment and tourism destination.”

Germany and China are close to finalising two agreements that will see the countries further cooperation in the financial sector, a leaked document seen by Reuters shows.

The first deal involves China Banking and Insurance Regulatory Commission (CBIRC), while the second is with the China Securities Regulatory Commission (CSRC).

This follows the move in November to allow Allianz to establish China’s first foreign insurance holding company, and is part of German Finance Minister Olaf Scholz’s attempts to convince Chinese counterparts to open up their economy. 2,000 hailing from over 150 countries.