Tag Archives: DFM

Just One Cornetto

Posted on October 15, 2012 by howesdubai

The big news of the week was HH Sheikh Mohammed bin Rashid Al Maktoum’s endorsement of the US$ 400 million plan to build a 2.8 km waterway that will connect Business Bay with the sea at Jumeirah 2. Within two … Continue reading →

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Under Pressure

Posted on October 4, 2012 by howesdubai

Facing the presssure head on is Dubai’s leading property developer, Emaar. Their recently announced ‘The Address Boulevard’ sold out within hours despite the fact that prices for the 542 serviced apartments being on the north side of high at US$ 680 … Continue reading →

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You’ll Never Walk Alone

Posted on September 15, 2012 by howesdubai

Sunday saw the third anniversary of the Dubai Metro which has carried a staggering 184 million passengers. The 52 km long Red Line was the start of the operations and has transported 152 million passengers since September 2009 whilst the … Continue reading →

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Ramble On

Posted on August 18, 2012 by howesdubai

Just to show the rest of the world that Dubai is back on track comes the recognition that Tameer’s Princess Tower (standing at 414 metres and covering an area of over 37,000 sq ft) is now the world’s tallest residential … Continue reading →

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A Sign Of The Times

Posted on August 14, 2012 by howesdubai

A sign of the times that the Dubai economy is continuing to head in the right direction came from the Land Department which reported a 21% increase in H1 transactions to US$ 17.2 billion. With improved demand, especially for properties … Continue reading →

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Go Your Own Way

Posted on July 29, 2012 by howesdubai

It seems that Dubai is progressing well in its quest to reduce the number of private vehicles on the roads by making its mass transit more accessible to users. Latest figures show that more than 10% of the population now … Continue reading →

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You Keep Me Hangin’ On

Posted on June 22, 2012 by howesdubai

Further signs of the region bucking the global trend came with the news that Gulf cement companies saw a 24% Q1 increase in Revenue to US$ 1.25 billion whilst their profits rose by 21% to US$ 435 million. UAE-based companies … Continue reading →

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Tomorrow Never Knows

Posted on June 10, 2012 by howesdubai

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 →

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Back in the High Life Again

Posted on June 8, 2012 by howesdubai

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 →

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We’re All Going to the Zoo Tomorrow

Posted on May 20, 2012 by howesdubai

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 →

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