Monthly Archives: October 2016

Oh I Do Like To Be Beside The Seaside!

HH President Sheikh Khalifa bin Zayed al Nahyan has issued the long-awaited decree on bankruptcy – federal law number 9 of 2016; there were no details of when the legislation would come into force. The law, covering company restructuring for the … Continue reading

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Mr Tambourine Man!

Yet another property report and this time slightly more bearish as Phidar Advisory indicate that, because of slow demand growth, prices and rents could continue to decline for the next 12 months. The study estimates that in Q3, apartment rentals … Continue reading

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Mysterious Ways!

On Monday, HH Sheikh Mohammed bin Rashid Al Maktoum launched construction work on The Tower at Dubai Creek. The 928 mt observation tower will be located at the heart of Dubai Creek Harbour and is expected to be ready in … Continue reading

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Eve Of Destruction!

The RTA confirmed that the US$ 545 million Dubai Water Canal will officially open on schedule next month. Final touches, including refilling the canal with seawater, along with completing the walkways and pedestrian bridges, are being made. There are also … Continue reading

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Should Have Known Better!

A decree by HH Sheikh Mohammed bin Rashid Al Maktoum has seen the formation of the board of the Emirates Global Centre for Accreditation. This is part of the government’s strategy to ensure Dubai’s position as an important driver in … Continue reading

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