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Audio: Craig Plum, Head of Research, Jones Lang LaSalle, MENA talking to Phil Blizzard in this edition of Property Talk provides an overview of the expected trends in Abu Dhabi, during 2013, for the residential, commercial and hospitality sectors. ‘A Tale of Two Cities’ is the theme adopted by Jones Lang LaSalle for their outlook on the UAE property market during 2013.Read more
Audio: The top trends for the Dubai real estate sector are highlighted by Craig Plum, Head of Research, Jones Lang LaSalle, MENA in this edition of Property Talk. In conversation with Phil Blizzard he talks about the proposed mortgage cap and the prospects in 2013 for all sectors of the real estate market.Read more
Audio: A review of the 2012 Abu Dhabi property with Gurjit Singh, COO, Surouh who talks to Phil Blizzard about the de-cantering of various asset classes, the impact of the rent cap and end users moving from old to new stock. He highlights some of their key achievements during 2012, including The Gate Towers, Reem Island and the growth of their retail brands. He also talks about the importance to the residential sector of the on-going major projects across the UAE capital.Read more
The RTA Main Call Centre (8009090) won the Best Government Call Centre Award in the Middle East, and the Call Centre dedicated to the Toll Gate System, Salik, 800-SALIK (72545) won the Best Medium Call Centre Award in the Middle East.
The two awards were accepted by H.E. Mattar Al Tayer, Chairman of the Board and Executive Director of the RTA, upon receiving H.E. Dominick Keenaghan, President of INSIGHTS, in the presence of RTA Board Member and Chairperson of Customers Council Mohammed Obaid Al Mulla, CEO of Corporate Administrative Support Services Sector Yousef Al Rida, Acting CEO of Traffic and Roads …Read more
IATA now predicts that losses for the industry in 2009 will tally $4.7bn, compared to its previous estimate released in December of $2.5bn in losses for this year. The report said the revised figure reflects the rapid deterioration of the global economic conditions.
‘The state of the airline industry today is grim,’ said Giovanni Bisignani, IATA’s Director General and CEO. ‘Demand has deteriorated much more rapidly with the economic slowdown than could have been anticipated even a few months ago. Our loss forecast for 2009 is now US$4.7 billion. Combined with an industry debt of US$170 billion, the pressure on the …Read more