Monthly Archives: May 2015

Livin’ On Borrowed Time

This weekend, Emaar will launch its latest project, located in the Opera District of Dubai. The twin towers – of 50 and 70 storeys – will comprise 1-4 bedroom apartments and will overlook the upcoming 2k-seat opera house. Al Barari has released … Continue reading

Advertisement

Posted in Finance | Tagged , , , , , , , , , , , , , | 1 Comment

Summer In The City

Another report shows that the much vaunted major correction in residential prices has yet to arrive. Cluttons indicated that Dubai prices fell by only 0.8% in Q1, and only 0.5% lower over the past twelve months. However, it was noted … Continue reading

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

Art For Art’s Sake

The latest annual US$ 1.5 billion profit from Emirates has given two major stakeholders a welcome boost. The owners, ICD, saw its dividend increase to US$ 1 billion, whilst the 84.2k staff members were rewarded with a US$ 272 million … Continue reading

Posted in Finance | Tagged , , , , , , , , , , , , | 1 Comment

Would I Lie To You?

Emirates is on the verge of signing a 3-year US$ 46 million deal with the English FA to sponsor the FA Cup from 2016. Last year, the airline decided not to renew its World Cup sponsorship with FIFA but has … Continue reading

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