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Categories
Meta
Monthly Archives: September 2012
Wish You Were Here
The main drawback of living in one of the best locations in the world is that it comes with a price – Dubai has been ranked as the 22nd most expensive city globally and number one in the ME. The … Continue reading
Posted in Finance
Tagged DP World, Drake & Scull, Dubai, Fedex, Habtoor, Habtoor Leighton Group, Strait of Hormuz, UAE
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You’ll Never Walk Alone
Sunday saw the third anniversary of the Dubai Metro which has carried a staggering 184 million passengers. The 52 km long Red Line was the start of the operations and has transported 152 million passengers since September 2009 whilst the … Continue reading
Posted in Finance
Tagged DFM, Dubai, Dubai Financial Market, Dubai Gold and Commodities Exchange, Dubai Metro, Etisalat, Nakheel, National Commercial Bank, UAE
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What’s Going On?
A further sign of confidence in Dubai’s real estate sector was this week’s announcement that Dubai Properties Group (DPG) will resume work on its Mudon (“cities” in Arabic) development located in Dubailand. Although the initial US$ 11 billion project was … Continue reading
Leader of the Pack
A great start to the week with the news that HH Sheikh Mohammed bin Rashid Al Maktoum had won the World Endurance Championship beating 150 riders from 38 countries over a distance of 160km; furthermore the UAE retained the team … Continue reading
Posted in Finance
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