Monthly Archives: May 2013

What’s Up?

In only its fourth year of operations, it seems that flydubai will be make an even bigger profit than the US$ 41.4 million made for the year ending 30 June 2012. Last year, the carrier saw passenger traffic at over … Continue reading

Posted in Finance | Tagged , , , , , , , , , , , , | Leave a comment

I Started a Joke

Following their 2011 joint announcement, it seems that the Investment Corporation of Dubai-Brookfield real estate fund will soon become a reality. Both entities have agreed to seed the US$ 1 billion fund and will primarily invest in the local market … Continue reading

Advertisement

Posted in Finance | Tagged , , , , , , , , , , | Leave a comment

What’s Going On?

Prior to the start of Arabian Travel Mart, HH Sheikh Mohammed bin Rashid Al Maktoum officially approved Dubai’s 2020 Vision for Tourism, which would see visitor numbers double to 20 million within the next seven years. The local tourist board, … Continue reading

Posted in Finance | Tagged , , , , , , , , , , , , , , | Leave a comment

Tell Me When

Latest figures coming out of Dubai Land Department show that Q1 residential transactions reached US$ 1.28 billion – a 51.6% hike on corresponding 2012 returns. The total number of realty transactions was even more impressive with 14,260 transactions amounting to … Continue reading

Posted in Finance | Tagged , , , , , , , , , , , , , , , , , | Leave a comment