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While sustainability is the current buzz word for construction, Middle East developers – or certainly those in the Gulf region – have stolen a march and begun creating many environmentally friendly developments.Read full article » United Arab Emirates: Thursday, May 15 - 2008 @ 15:07
Share volumes in the UAE more than tripled in the first quarter of 2008 when compared with the same months of last year. The Dubai Financial Market has reported an increase from $11.7bn to $34.1bn …Read full article » United Arab Emirates: Monday, May 12 - 2008 @ 17:07
The head of the group that owns the child-friendly theme park is bullish about Legoland’s success and rejects any concerns that might be raised about an oversupply of attractions at Dubailand.
‘Legoland is a perfect …Read full article » United Arab Emirates: Wednesday, May 07 - 2008 @ 09:25
This lack of news comes against a background of a worldwide 60% slump in hotel transactions over the past year as finance for the biggest deals was hit by the credit crunch.
Two years ago new …Read full article » United Arab Emirates: Tuesday, May 06 - 2008 @ 12:18
A fleet of 58 A380 superjumbo aircraft is on order, and the first plane may arrive in August. The number of available hotel rooms will rise from 47,000 today to 125,000 by 2015. It is …Read full article » United Arab Emirates: Wednesday, April 23 - 2008 @ 09:16
Recycling the $400bn annual surplus from the Opec countries back into the global financial system could prove easier from the vantage point of Dubai, and living the good life is certainly still cheaper than in …Read full article » United Arab Emirates: Tuesday, April 15 - 2008 @ 09:24
Investors in the DP World IPO on the DIFX last autumn got their fingers burnt, with shares currently trading around 30% down on the issue price.
The problem is that the DIFX is quite simply …Read full article » United Arab Emirates: Monday, April 07 - 2008 @ 10:56
However, real estate booms can prove much longer and more durable than pessimists predict, and even the diehards would have to concede that the downturns in the US and UK took a lot longer to …Read full article » United Arab Emirates: Monday, March 31 - 2008 @ 10:22
In terms of size, the development at 14,000 hectares is twice the size of Hong Kong island, yet among the megaprojects currently underway in Dubai, it is one of the lesser known.
A combination of …Read full article » United Arab Emirates: Wednesday, March 19 - 2008 @ 14:48
Indeed, UAE investors are a little bemused by all this sudden interest in their modest stock markets. It is quite flattering to have all this attention but do these new players actually know what they …Read full article » United Arab Emirates: Monday, March 10 - 2008 @ 13:02