Author Archives: howesdubai

Telegram Sam

The impact that Emirates has on the local economy is staggering and the realty, retail, hospitality and trade sectors owe much of their recent success to the expansion, exploits and expertise of the local carrier. The aviation sector contributes US$ … Continue reading

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Silent Night

In a city of superlatives, it is not surprising to see that Dubai boasts ten of its constructions over 300 metres including the world’s highest building, shopping centre and hotel, viz., Burj Khalifa (828 metres), Princess Tower (414 metres) and … Continue reading

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Send In the Clowns

Only two weeks since the announcement of MBR City, its first project has been revealed. Dubai Hills, being developed by a JV between Emaar Properties and Dubai Holdings, will be on similar lines to the hugely successful Emirates Hills with … Continue reading

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Let the Good Times Roll

One of Dubai’s success stories, that seems to be under the radar, is the fact that the emirate is fast becoming one of the leading players in the healthcare market. The main drivers are the increased government and international investment … Continue reading

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Jump

What a week for mega projects! First came the news of a multi-billion dollar development, dubbed Mohammed bin Rashid City, comprising the Mall of the World, which would overtake Dubai Mall as the largest on the planet, 100 hotels and … Continue reading

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What a Wonderful World

The headline of the week was Sheikh Mohammed bin Rashid Al Maktoum’s approval of US$ 1.2 billion worth of projects, the largest of which was the US$ 680 million development of the Madinat Jumeirah resort in Umm Sequim to be … Continue reading

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The Carnival Is Over

This week, Dubai has been hosting the World Economic Forum’s 5th Summit on the Global Agenda, which is a precursor to their annual meeting in Davos. The three-day event was attended by more than 1,000 industry experts whose aim was … Continue reading

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It Is Time To Say Goodbye

Two recent events highlight the strength of Dubai’s economic recovery. Expanding export orders for the country has seen the HSBC Purchasing Managers’ Index at 53.8 in October – compared to say China where a similar index is at 53.5 and … Continue reading

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The End of the Line

Just how diverse the UAE economy has become can be gleaned from the fact that the country is now the leading global hub in the tea re-export market with a massive 60% share, valued last year at US$ 48 million. … Continue reading

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Even The Bad Times Are Good

Whilst  most of the world seems to be sinking into an economic abyss, Dubai continues to confound its critics with an economy which is heading north in the other direction. With the Eid holidays upon us, Dubai will see shopping … Continue reading

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