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Tag Archives: Du
It’s About Change!
It’s About Change 23 April 2020 Ramadan Kareem! There was welcome news at the end of the week, with the Dubai authorities easing some of the restrictions as from tomorrow, Friday 24 April. For the first time in three weeks, … Continue reading
Posted in Categorized
Tagged Australian economy, Covid-19, Du, Dubai economy, Etisalat, EU, Ramadan
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The Party Is Over
In the latest UBS study, Dubai is ranked a global 4th in two categories – the most expensive cities in the world and most expensive rental for a 3-bedroom apartment. In the former, it is behind Zurich, Geneva and New … Continue reading
Those Were The Days
The big story of the week is the proposed Meydan One. Being Dubai, the 3,671k sq mt development will include three world firsts – tallest residential tower (at 711 mt), largest indoor ski slope (three times bigger than the current … Continue reading
Danger Zone
The last week of July saw the Q2 reporting season in full swing with Arabtec, Emirates NBD, Emirates Islamic and Du announcing their latest results. Arabtec – which has dominated the financial press recently for all the wrong reasons – … Continue reading
Posted in Finance
Tagged Arabtec, DFM, DP World, Du, Dubai, Dubai Financial Market, Emaar, Emirates, emirates airline, Emirates NBD, HH Sheikh Mohammed bin Rashid Al Maktoum, Marina 101, Nakheel, UAE, Wyndham Group
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Tell Me When
Latest figures coming out of Dubai Land Department show that Q1 residential transactions reached US$ 1.28 billion – a 51.6% hike on corresponding 2012 returns. The total number of realty transactions was even more impressive with 14,260 transactions amounting to … Continue reading
Posted in Finance
Tagged Akoya, Anantara, Arabtec, Damac, Deyaar, DFM, Drake & Scull, Du, Dubai, Dubai Financial Market, ECB, Emaar, IMG Group, Meydan, Modhesh World, Seven Tides, Tabreed, UAE
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What a Wonderful World
The headline of the week was Sheikh Mohammed bin Rashid Al Maktoum’s approval of US$ 1.2 billion worth of projects, the largest of which was the US$ 680 million development of the Madinat Jumeirah resort in Umm Sequim to be … Continue reading
Right Here Right Now
The triple “Ts” of Travel, Trade and Tourism continue to be the main drivers helping Dubai in its recovery phase since the global meltdown of 2009 which left the emirate in such a parlous state. Despite the record high fuel … Continue reading
Posted in Finance
Tagged Al Tayer Motors, Arabtec, DFM, Du, Dubai, Dubai Financial Market, Emirates, emirates airline, Emirates Competitiveness Council, Emirates Group, JP Morgan, UAE
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