Tag Archives: DFM

Silent Night

Posted on December 27, 2012 by howesdubai

In a city of superlatives, it is not surprising to see that Dubai boasts ten of its constructions over 300 metres including the world’s highest building, shopping centre and hotel, viz., Burj Khalifa (828 metres), Princess Tower (414 metres) and … Continue reading →

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Jump

Posted on December 3, 2012 by howesdubai

What a week for mega projects! First came the news of a multi-billion dollar development, dubbed Mohammed bin Rashid City, comprising the Mall of the World, which would overtake Dubai Mall as the largest on the planet, 100 hotels and … Continue reading →

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The End of the Line

Posted on November 4, 2012 by howesdubai

Just how diverse the UAE economy has become can be gleaned from the fact that the country is now the leading global hub in the tea re-export market with a massive 60% share, valued last year at US$ 48 million. … Continue reading →

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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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