Tag Archives: DEWA

So You Think You’ve Got Troubles

Posted on April 2, 2021 by howesdubai

So You Think You’ve Got Troubles                                                              01 April 2021 Azizi Developments recently celebrated the handover of Mina, its luxurious development on the eastern crescent of Palm Jumeirah and is on its way to complete its ambitious target of handing over … Continue reading →

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Hey, That’s No Way To Say Goodbye!

Posted on November 16, 2014 by howesdubai

At long last, there appeared to be some action taking place in Great Britain – an island on The World project. Drydocks World reportedly signed an agreement earlier in the week with the Q Group to provide technical support for … Continue reading →

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Up, Up and Away

Posted on February 25, 2014 by howesdubai

Emaar released their 2013 results this week with a 21.3% jump in profits to US$ 698 million on a 25.2% rise in revenue to US$ 2.81 billion, of which its retail and hospitality sector accounted for 46%. The developer sold … Continue reading →

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Should I Stay or Should I Go?

Posted on August 26, 2013 by howesdubai

According to UK press reports,the 80-floor Dubai Dynamic Tower, designed by Florentine architect David Fisher, is estimated to cost US$ 545 million and could be ready within two years. Its unique selling point is that each individual floor will rotate … Continue reading →

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Reason To Believe

Posted on July 11, 2013 by howesdubai

The property boom continues unabated with May seeing a jump in prices of 2.01% over the previous month – with apartments and villas up 2.13% and 1.56% respectively. On an annual basis, the trend was similar at 17.3% and 12.2%. … Continue reading →

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Don’t Look Back In Anger

Posted on March 23, 2013 by howesdubai

There is no doubt that the local tourism industry is booming and latest figures from the World Travel and Tourism Council just serve to confirm this. The massive impact this sector has on the economy can be gauged from the … Continue reading →

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Help!

Posted on March 16, 2013 by howesdubai

Last year, the UAE economy grew by 6.5% with GDP rising to US$ 375 billion, mainly because of higher oil prices and increasing investment from within the region moving to a comparatively safe zone. Saudi’s GDP accounted for 43.1% of … Continue reading →

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Goodbye Yellow Brick Wall

Posted on March 10, 2013 by howesdubai

There is no doubt that tourism is a major driver for the Dubai economy, epitomised by January’s  hotel occupancy, which rose to a giddy 89.6% –  helped along by the success of the month-long Dubai Shopping Festival which this year … Continue reading →

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Number One

Posted on February 19, 2013 by howesdubai

Yet another indicator of the strength of the local economic recovery is the news that Dubai Mall’s sales jumped 24% in 2012 and its footfall was 20% up at 65 million visitors / shoppers. If this is any guide for … Continue reading →

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Don’t Turn Around

Posted on January 31, 2013 by howesdubai

The on-going mortgage lending saga took another turn this week with reports that the Central Bank Governor, HE Sultan Nasser Al Suweidi, has advised that changes to the mortgage cap were not imminent and would not go ahead without consultation … Continue reading →

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