Tag Archives: DEWA

Hey, That’s No Way To Say Goodbye!

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

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?

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

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

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!

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

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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