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Monthly Archives: December 2016
Days Are Numbered!
HH Sheikh Mohammad Bin Rashid Al Maktoum has approved Dubai’s US$ 12.9 billion 2017 budget which, as expected, sees a marked 27% expansion in infrastructure expenditure, in line with the 2021 Strategic Plan. Consequently, the budget allocation is US$ 272 … Continue reading
Posted in Finance
Tagged Arabtec, Damac, 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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Don’t Stop Believin’
With work having already started on the 550 million sq ft Dubai Wholesale City, the largest such hub in the world, a memorandum of understanding has been signed with The China Commodity City (CCC) Group. Dubai’s US$ 8.1 billion project … Continue reading
Congratulations!
Even though it already houses nine UN Humanitarian Agencies, and over fifty other related international entities, HH Sheikh Mohammed bin Rashid Al Maktoum has ordered further expansion to Dubai’s International Humanitarian City. In these days of socio-political regional tensions, Dubai’s … 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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Daydream Believer!
HH Sheikh Mohammed bin Rashid Al Maktoum has approved plans for a Dubai Street Museum that will showcase the history, cultural values and identity of the emirate. Both local and international artists, who will use many of Dubai’s buildings for … 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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Down The Wrong Way!
A case of déjà vu from the good old days before the GFC – with prices starting at US$ 76k, it was no wonder to witness buyers queuing in Dubai South overnight to acquire units in The Pulse cluster’s second … 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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