Tag Archives: Dubai

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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Stand and Deliver!

Posted on July 22, 2012 by howesdubai

With the summer heat taking its toll, it comes as no surprise that UAE energy consumption rose 5.2% last year to a frightening level of 1.56 million equivalent barrels a day. Evidently its recent growth rate is amongst the highest … Continue reading →

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We’ve Only Just Begun

Posted on July 14, 2012 by howesdubai

The impact of the eurozone debacle, slow worldwide growth and the fact that global banks are cutting back on lending are all reasons why this area is now facing a meltdown in bank lending. Staggering figures out this week have … Continue reading →

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Diamonds are Forever

Posted on July 5, 2012 by howesdubai

The UAE has ticked all the right boxes to claim regional bragging rights, by bettering all of its neighbours, in the recent World Economic Forum’s Global Enabling Trade Report 2012. On a worldwide comparison, it was ranked in terms of … 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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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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Right Here Right Now

Posted on May 12, 2012 by howesdubai

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 →

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Déjà Vu

Posted on May 6, 2012 by howesdubai

Those who remember the boom times will recall the plans then to build Hydropolis, the world’s first underwater hotel, off the Jumeirah coastline. The idea sank with the onset of the economic meltdown only now to resurface with the news … Continue reading →

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