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Monthly Archives: March 2019
For Whom The Bell Tolls
For Whom The Bell Tolls 28 March 2019 According to the UAE real estate portal Property Finder, 55% of the emirate’s realty sales, for the first two months of the year, were for off-plan homes, with the balance … Continue reading
Posted in Categorized
Tagged Aramaco, Autonomy, Boeing, Brexit, Careem, debt, dnata, Dubai property, RTA, school fees, uber, Wow Air
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Land Of Make Believe
Land of Make Believe 21 Mar 2019 Photo Work is ahead of schedule on phase 1 of the US$ 820 million Mirdif Hills project, according to ECC Group who indicated that 70% of construction has been completed on Janayen Avenue … Continue reading
Throwing It All Away
Throwing it All Away Because of the slowing construction and realty sectors, Moody’s expects that bank loan losses will inevitably grow, based on the fact that lending to real estate entities has increased to 20% of their total lending book … Continue reading
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Don’t Play With Me
Despite all the doom and gloom around, a positive note was sounded by Bayut.com’s CEO Haider Ali Khan who noted that the start of the year has witnessed positive growth in a selection of key Dubai developments. Although agreeing that … Continue reading
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Back Home Again
HH Sheikh Mohammed bin Rashid Al Maktoum has approved a US$ 8.7 billion nationwide project for the construction of 34k housing units for Emiratis over the next five years. He has also ordered that the value of the salary ceiling … Continue reading
Posted in Finance
Tagged Arabtec, DFM, Dubai, Dubai Financial Market, Emaar, Emirates, emirates airline, HH Sheikh Mohammed bin Rashid Al Maktoum, UAE
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