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Monthly Archives: March 2012
A Day At The Races
After ten days of Shamal, a sunnier and brighter Dubai is now bracing itself for the big day on Saturday – the Dubai World Cup. This horse racing extravaganza, with total prize money heading towards US$ 30 million, will reach … Continue reading
Posted in Finance
Tagged Arab Spring, DFM, DP World, Dubai, Dubai World Cup, Emirates, Emirates NBD, Emirates World Cup, IATA, JAFZA, London Gateway, MAF, UAE
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The Only Way is Up
Just when you thought there were enough Brits in this emirate, the Dubai government is launching a US$ 1.5 million marketing campaign to encourage even more to visit. The UK used to be the biggest feeder for the local tourism … Continue reading
Posted in Finance
Tagged Amlak, Arcapita, DIFC, Dubai, Dubai Islamic Bank, Emirates, emirates airline, Emirates Group, Islamic Bond, Tamweel, The Gate, UAE
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Glory Days
There are several news items confirming that Dubai is striving to return to its former glory. First, the STR Global Report places Dubai hotels number 1 in the world when it comes to occupancy (86.2%) and Revenue per Room (RevPar) … Continue reading
Posted in Uncategorized
Tagged Al Sufouh Tram, DEWA, Dubai, Dubai Financial Market, Emirates, Emirates NBD, IATA, Knight Frank, Nakheel, RTA, STR, Tram
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Good Vibrations
Good news again for Dubai – this time from the aviation industry as Flydubai announces an 82% jump in their passenger numbers over the past year. With new routes opening up and a further 25% increase in its fleet this … Continue reading
It’s Getting Better All The Time
Just when the doomsayers were predicting the implosion of local real estate, it has been reported that over US$ 15 billion worth of construction contracts are to be awarded in the UAE in 2012 bringing the country’s total construction work-in-progress … Continue reading
Posted in Finance
Tagged Al Sufouh Tram, Chris O'Donnell, Dubai, Dubai Hotels, Dubai International Airport, Dubai Marina, Habtoor Leighton Group, HSBC, Nakheel, UAE
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