Tag Archives: Depa

Won’t Get Fooled Again

Posted on January 14, 2015 by howesdubai

HH Sheikh Mohammed bin Rashid Al Maktoum has approved Dubai government’s 2015 budget that plans for 2,530 new jobs for Emiratis. With a forecast US$ 981 million surplus, this will be the first deficit free one since the GFC. The US$ … Continue reading →

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Time After Time

Posted on September 10, 2014 by howesdubai

Nakheel is going ahead with another Palm Jumeirah project for 130 apartments. Costing US$ 20.4 million, the 12-storey tower will be built by Trojan General Contracting and should be ready within two years. The Dubai-based developer has also opened its first … Continue reading →

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A Dedicated Follower of Fashion

Posted on August 10, 2013 by howesdubai

Dubai’s hospitality sector continues to confound its critics with all pointers showing sustained growth patterns – in June, occupancy rates by 3.6% to 79.2%, Average Room Rates (ARR) by 6.2% to US$ 207.29 and Revenue per Available Room (RevPAR) by … Continue reading →

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Simply The Best

Posted on January 6, 2013 by howesdubai

Dubai’s 2013 budget hopes to cut its annual deficit by 18% to less than 0.5% of GDP with Revenue expected to rise by 7.8% to US$ 8.9 billion and Expenditure up 6.0% at US$ 9.3 billion. It is not known … Continue reading →

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It Is Time To Say Goodbye

Posted on November 22, 2012 by howesdubai

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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