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

Advertisement

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

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

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

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 , , , , , , , , , , , , , , | Leave a comment

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

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

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

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