Monthly Archives: October 2012

Even The Bad Times Are Good

Whilst  most of the world seems to be sinking into an economic abyss, Dubai continues to confound its critics with an economy which is heading north in the other direction. With the Eid holidays upon us, Dubai will see shopping … Continue reading

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All Right Now

Now that property developer Limitless, a subsidiary of Dubai World, has restructured US$ 1.2 billion of debt, the company will soon come under the auspices of the Dubai government. In addition, it has fully cleared outstandings with 92% of its … Continue reading

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Just One Cornetto

The big news of the week was HH Sheikh Mohammed bin Rashid Al Maktoum’s endorsement of the US$ 400 million plan to build a 2.8 km waterway that will connect Business Bay with the sea at Jumeirah 2. Within two … Continue reading

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Happy Days Are Here Again

Dubai’s exhibition season has started with both the 11th Cityscape Global 2012 and GITEX Shopper (with the main GITEX Technology Week being still two weeks away). HH Sheikh Mohammed bin Rashid Al Maktoum opened the popular consumer and IT electronics event … Continue reading

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Under Pressure

Facing the presssure head on is Dubai’s leading property developer, Emaar. Their recently announced ‘The Address Boulevard’ sold out within hours despite the fact that prices for the 542 serviced apartments being on the north side of high at US$ 680 … Continue reading

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