Tag Archives: Dubai

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 , , , , , , , , , , , | Leave a comment

Déjà Vu

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

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

Cool wind in my hair

The Eagles flew into Dubai last week for probably the biggest concert the emirate has witnessed.  A memorable Thursday saw a sandstorm (that nearly caused the concert’s cancellation), some rain, a perfect evening and great music for the 20,000 + devotees. … Continue reading

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

Here Comes the Sun

With temperatures edging towards the 40 degree mark, there is no doubt that summer is on its way and DEWA can look forward to increased revenues! As the mercury climbs and the days get longer, the authorities may even consider … Continue reading

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

Trains and Boats and Planes

Last Saturday saw the running of the 17th (and probably best) Dubai World Cup and, to the delight of many,  two of HH Sheikh Mohammed Rashid Al Maktoum’s 5 year olds, Monterosso and Capponi, romped home one and two in … Continue reading

Posted in Finance | Tagged , , , , , , , , , , , , | 1 Comment

A Day At The Races

After ten days of Shamal, a sunnier and brighter Dubai is now bracing itself for the big day on Saturday – the Dubai World Cup. This horse racing extravaganza, with total prize money heading towards US$ 30 million, will reach … Continue reading

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

The Only Way is Up

Just when you thought there were enough Brits in this emirate, the Dubai government is launching a US$ 1.5 million marketing campaign to encourage even more to visit. The UK used to be the biggest feeder for the local tourism … Continue reading

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

Glory Days

There are several news items confirming that Dubai is striving to return to its former glory. First, the STR Global Report places Dubai hotels number 1 in the world when it comes to occupancy (86.2%) and Revenue per Room (RevPar) … Continue reading

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

Good Vibrations

Good news again for Dubai – this time from the aviation industry as Flydubai announces an 82% jump in their passenger numbers over the past year. With new routes opening up and a further 25% increase in its fleet this … Continue reading

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

It’s Getting Better All The Time

Just when the doomsayers were predicting the implosion of local real estate, it has been reported that over US$ 15 billion worth of construction contracts are to be awarded in the UAE in 2012 bringing the country’s total construction work-in-progress … Continue reading

Posted in Finance | Tagged , , , , , , , , , | 1 Comment