Category Archives: Finance

Tomorrow Never Knows

Some welcomed the fact that Brent Crude, having hit a low of US$ 93 earlier, ended the week hovering around the US$ 100 mark. As the Iranian crisis had pushed up prices earlier in the year, the European economic woes and … Continue reading

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

Back in the High Life Again

Just to prove that the economy is on the mend, the world’s most expensive reading glasses have gone on sale in Dubai. And what do you get for US$ 75k – hand-crafted glasses, made in the USA, that are 18 … Continue reading

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

We’re All Going to the Zoo Tomorrow

Good news – at least for the animals in the over-crowded Jumeirah zoo, with reports that they will be shortly relocated to a 400 hectares redevelopment in Al Warqa’a. Furthermore, the new complex will include golf courses, along with entertainment … Continue reading

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

Right Here Right Now

The triple “Ts” of Travel, Trade and Tourism continue to be the main drivers helping Dubai in its recovery phase since the global meltdown of 2009 which left the emirate in such a parlous state. Despite the record high fuel … Continue reading

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

Déjà Vu

Those who remember the boom times will recall the plans then to build Hydropolis, the world’s first underwater hotel, off the Jumeirah coastline. The idea sank with the onset of the economic meltdown only now to resurface with the news … Continue reading

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

Achy Breaky Heart

Dubai has just hosted the four-day 2012 World Congress of Cardiology Scientific Sessions. This congress is a meeting place for the world’s leading cardiologists and other health-care professionals and brought in over 10,000 delegates from ninety-five countries. This is just … Continue reading

Posted in Finance | Leave a comment

Cool wind in my hair

The Eagles flew into Dubai last week for probably the biggest concert the emirate has witnessed.  A memorable Thursday saw a sandstorm (that nearly caused the concert’s cancellation), some rain, a perfect evening and great music for the 20,000 + devotees. … Continue reading

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

Trains and Boats and Planes

Last Saturday saw the running of the 17th (and probably best) Dubai World Cup and, to the delight of many,  two of HH Sheikh Mohammed Rashid Al Maktoum’s 5 year olds, Monterosso and Capponi, romped home one and two in … Continue reading

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

A Day At The Races

After ten days of Shamal, a sunnier and brighter Dubai is now bracing itself for the big day on Saturday – the Dubai World Cup. This horse racing extravaganza, with total prize money heading towards US$ 30 million, will reach … Continue reading

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

The Only Way is Up

Just when you thought there were enough Brits in this emirate, the Dubai government is launching a US$ 1.5 million marketing campaign to encourage even more to visit. The UK used to be the biggest feeder for the local tourism … Continue reading

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