Monthly Archives: October 2017

You’ve Got A Friend

Another survey notes the softening in Dubai’s realty sector and expectations that it will continue into 2018. Core Savills points to increased competition between older and new units and weak tenant demand as drivers for modest rental declines in Dubai. … Continue reading

Advertisement

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

Ridin’ The Storm Out

Sheikh Hamdan Bin Mohammad Bin Rashid Al Maktoum launched the 5-day Gitex Technology Week on Sunday. Now in its 37th edition, the event hosted 4.1k exhibitors and 100k visitors from 70 countries; this is another example of how the emirate’s … Continue reading

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

Sign Of The Times

The latest Cavendish Maxwell report has pointed to a decline in both Dubai property sales and rentals in Q3 but an upturn in Q4 or early 2018 is anticipated. With regard to sales, villa and apartment prices dipped 1.4% and … Continue reading

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

Life Is A Highway

Jumeirah Beach witnessed two “smart” events this week. The first saw the Crown Prince, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, attend the maiden concept flight of the world’s first self-flying taxi service. The two-seater AAT (autonomous air taxi), … Continue reading

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

I Get Knocked Down But I Get Up Again!

On Sunday, Sheikh Ahmed bin Saeed Al Maktoum launched the operation of 50 Tesla electric cars to be used by Dubai Taxi Corporation’s limousine fleet. This is the first batch of a 200-vehicle order which are fitted with several components … Continue reading

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