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Monthly Archives: August 2015
Welcome To Our World!
Narendra Modi became the first Indian prime minister in 37 years to visit the country and during his 2-day visit, plans were raised for a US$ 75 billion fund for infrastructure projects in India. Modi is particularly keen to see the … Continue reading
Are You With Me?
The most recent project to be announced by HH Sheikh Mohammed bin Rashid Al Maktoum is the Museum of the Future, to be located next to Emirates Towers on SZR. According to the new law, a US$ 2.72 innovation fee … Continue reading
Posted in Finance
Tagged Arabtec, Delta, DFM, Dubai, Dubai Financial Market, Dubai Museum, Emaar, Emirates, emirates airline, Emirates NBD, HH Sheikh Mohammed bin Rashid Al Maktoum, Jumeirah Group, Nakheel, UAE
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Those Were The Days
The big story of the week is the proposed Meydan One. Being Dubai, the 3,671k sq mt development will include three world firsts – tallest residential tower (at 711 mt), largest indoor ski slope (three times bigger than the current … Continue reading
It Is Time To Say Goodbye
A recent Central Bank report indicates that the government is planning a 4.1% cut in public spending to US$ 125.5 billion, in the wake of the massive fall in oil revenue. This is in sharp contrast to recent annual hikes … Continue reading
Nowhere Man
Although local petrol prices, at US$ 0.47 per litre, are the highest in the GCC, they still have to go a long way to match the likes of Hong Kong, Norway, Netherlands and the UK, where they stand at between … Continue reading
The Last Time!
With an expected opening later in the year, Al Habtoor City has started a major recruitment campaign for its mega hospitality and residential project. The multi-use development, located on SZR, includes three 5-star hotels, three residential towers, retail and restaurant outlets, … Continue reading
Posted in Finance
Tagged Arabtec, DFM, Drake & Scull, Dubai, Dubai Financial Market, Emaar, Emirates, emirates airline, Emirates NBD, HH Sheikh Mohammed bin Rashid Al Maktoum, Nakheel, UAE
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