Tag Archives: Dubai Investments

What We Ain’t Got!

HH Sheikh Mohammed bin Rashid Al Maktoum launched the 22 million sq ft phase 2 expansion of Dubai Healthcare City which will cost up to US$ 1.36 billion. It will include the Nashami health project as well as retail and … Continue reading

Posted in Finance | Tagged , , , , , , , , , , , , , , , | Leave a comment

Out Of The Woods

The double whammy of international sanctions and the dramatic fall in the oil price has not only impacted the Russian economy but has had a drag effect here in Dubai. The 40%+ drop of the rouble has seen a reported … Continue reading

Posted in Finance | Tagged , , , , , , , , , , , , , , | Leave a comment

We Can Work It Out

The Indian-based Hiranandani Group has signed a management agreement with Accor to develop a 350-room Ibis hotel in Downtown Dubai. This is yet another indicator that Dubai‚Äôs hospitality sector is in need for hotels in the budget price range, as … Continue reading

Posted in Finance | Tagged , , , , , , , , , , , , , , , , | Leave a comment

A Sign Of The Times

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

Posted in Finance | Tagged , , , , , , | Leave a comment