Monthly Archives: July 2012

Go Your Own Way

Posted on July 29, 2012 by howesdubai

It seems that Dubai is progressing well in its quest to reduce the number of private vehicles on the roads by making its mass transit more accessible to users. Latest figures show that more than 10% of the population now … Continue reading →

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Stand and Deliver!

Posted on July 22, 2012 by howesdubai

With the summer heat taking its toll, it comes as no surprise that UAE energy consumption rose 5.2% last year to a frightening level of 1.56 million equivalent barrels a day. Evidently its recent growth rate is amongst the highest … Continue reading →

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We’ve Only Just Begun

Posted on July 14, 2012 by howesdubai

The impact of the eurozone debacle, slow worldwide growth and the fact that global banks are cutting back on lending are all reasons why this area is now facing a meltdown in bank lending. Staggering figures out this week have … Continue reading →

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Diamonds are Forever

Posted on July 5, 2012 by howesdubai

The UAE has ticked all the right boxes to claim regional bragging rights, by bettering all of its neighbours, in the recent World Economic Forum’s Global Enabling Trade Report 2012. On a worldwide comparison, it was ranked in terms of … Continue reading →

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You Can’t Always Get What You Want

Posted on July 1, 2012 by howesdubai

Just as the rest of the world appears to be wallowing in an economic malaise, Dubai Customs report that Q1 trade reached an impressive US$ 81 billion almost 7% up on the corresponding period last year. Exports and Re-exports rose … Continue reading →

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