Tag Archives: Emaar

Won’t Get Fooled Again

HH Sheikh Mohammed bin Rashid Al Maktoum has approved Dubai government’s 2015 budget that plans for 2,530 new jobs for Emiratis. With a forecast US$ 981 million surplus, this will be the first deficit free one since the GFC. The US$ … Continue reading

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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

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So This Is Christmas

With the aim of synchronising and integrating all the emirate’s different public services, HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, has established the Dubai Open Data Committee. RTA’s Abdulla Al Madani will chair the agency which will include high-powered … Continue reading

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Another Brick In The Wall

This week, HH Sheikh Mohammed bin Rashid Al Maktoum launched the Dubai Plan 2021 – a detailed roadmap outlining the emirate’s development over the next seven years. The six themes on the strategic agenda include: ·        a city of happy, creative … Continue reading

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Runnin Scared

Founded only two years ago in December 2012, Careem, the locally based chauffeur booking service, has received a US$ 10 million investment boost from the Saudi travel group, Al Tayyar. The internet service provider is looking to use the additional … Continue reading

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These Boots Are Made For Walkin!

There were fireworks this week as the country celebrated its 43rd National Day on 02 December and Burj Al Arab lit up the sky for its 15th birthday, a day earlier. Later in the week sees the Emirates Rugby 7s, the most … Continue reading

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So Wake Me Up When It’s All Over!

It is five years ago this week (25 November 2009) when the emirate shook the financial world as Dubai World declared that it was not in a position to repay its then debts. A lot has obviously changed since then … Continue reading

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Red Light Spells Danger!

Dubai Land Department, through its 2011 Tanmia initiative, has announced the revival of a further 43 previously stalled projects, valued at US$ 2.72 billion. The DLD has been acting as a mediator to solve any issues, between investors and developers, … Continue reading

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God Bless America!

Tuesday saw HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum officially open phase 1 of  the US$ 1.1 billion Dubai Tram system. Eleven must be somebody’s lucky number because the operation started on the 11th day of the 11th month, serving … Continue reading

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Hey, That’s No Way To Say Goodbye!

At long last, there appeared to be some action taking place in Great Britain – an island on The World project. Drydocks World reportedly signed an agreement earlier in the week with the Q Group to provide technical support for … Continue reading

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