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Monthly Archives: June 2014
Down, Down (Deeper and Down)
Following his May US$ 2.2 billion endorsement for Dubai Holding’s Jumeirah Group’s expansion plans, HH Sheikh Mohammed bin Rashid has approved the addition of a further 350 rooms for the 15-year old Jumeirah Beach Hotel. The complex, due to open … Continue reading
The Circle Game
The following article was written over nine years ago and serves to show the cyclical nature of Dubai’s economy. Looking beyond short-term gains By Tim Howe, Special to Gulf News Published: 12:00 April 17, 2005 There is no doubt that … Continue reading
Baby – What A Big Surprise
The 80-day on-going maintenance work at Dubai International has cut the facility’s capacity by 20% and, as a result, London Heathrow will maintain its number one position as the world’s busiest airport in 2014. But by this time next year, … Continue reading
Posted in Finance
Tagged Arabtec, DFM, Drake & Scull, Dubai, Dubai Financial Market, Emaar, Emirates, emirates airline, Emirates NBD, FIFA, HH Sheikh Mohammed bin Rashid Al Maktoum, Nakheel, Sepp Blatter, UAE, World Cup
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Fernando
Although relatively quiet by recent Dubai standards, annual property price rises, at 27.7%, are still the highest in the world. However, according to the latest Knight Frank’s Global House Price Index, Q1 increases at 3.4% were 63% down on the … Continue reading
Red Red Wine
To be connected to the mainland by a 300 mt bridge, developer, Meraas Holding, has announced that Bulgari will manage its new 100-room luxury island hotel and twenty residential villas. The development, along with a marina, is located off Jumeirah … Continue reading
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