Category Archives: Finance

Good Vibrations

Good news again for Dubai – this time from the aviation industry as Flydubai announces an 82% jump in their passenger numbers over the past year. With new routes opening up and a further 25% increase in its fleet this … Continue reading

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It’s Getting Better All The Time

Just when the doomsayers were predicting the implosion of local real estate, it has been reported that over US$ 15 billion worth of construction contracts are to be awarded in the UAE in 2012 bringing the country’s total construction work-in-progress … Continue reading

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Happy Days are Still Here

The local economy has again been boosted by this week’s Gulfood Exhibition. With more than 80 countries represented and 3,800 exhibitors, the event is the biggest to date. Further good news for Dubai including its hotel sector. According to a … Continue reading

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Happy Days are Here Again

There are continuing positive signs that Dubai is coping well despite the financial malaise which is inflicting most of the world. As Dubai continues its quest to become the biggest shopping and leisure destination in the world, this week’s news … Continue reading

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Dubai – Good News Week Two

I see that former England cricket captain, Michael Atherton, has joined the long list of Poms who seem to delight in finding faults with anything associated with Dubai. Maybe he should concentrate his efforts on trying to improve the performance … Continue reading

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Dubai – Good News Week

There is a perception in the marketplace (whatever that may be) that Dubai is again  proving its many sceptics wrong and is in a much better financial position than it was a year ago. Only last week Dubai Holdings, owned … Continue reading

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Why things are not so bad in Dubai!

The debt to GDP (Gross Domestic Product) ratio is one of the main indicators used to measure the health of an economy. Obviously the lower the figure the better. The more services and goods produced by a country should ensure … Continue reading

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