Tag Archives: Emaar

I Can’t Explain!

Posted on November 3, 2014 by howesdubai

HH Sheikh Mohammed bin Rashid Al Maktoum opened the 10th World Islamic Economic Forum this week in Dubai. The three-day event was attended by nine heads of state, along with over 2k delegates, and showcased the importance of the city as … Continue reading →

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If I Were A Rich Man

Posted on October 26, 2014 by howesdubai

HH Sheikh Mohammed bin Rashid Al Maktoum announced a seven-year plan to make the UAE one of the leading innovative countries in the world. His National Innovation Strategy will focus on seven main areas – education, health, renewable energy, space, … Continue reading →

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Rolling In The Deep

Posted on October 20, 2014 by howesdubai

This week, Emaar’s directors approved a special cash dividend of US$ 2.46 billion, following a US$ 2.2 billion pay-out earlier in the year As at 16 October, the developer’s market capitalisation was US$ 19.3 billion, down some US$ 3.0 billion … Continue reading →

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A Bad Moon Rising

Posted on October 18, 2014 by howesdubai

Nakheel reported a 46.9% surge in profits to US$ 708 million for the first nine months of 2014. This improvement was aided by a handover of 950 properties and a strong performance from its retail sector.  Although it has paid … Continue reading →

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You Can’t Get Me I’m Part Of The Union

Posted on October 10, 2014 by howesdubai

Two events have reaffirmed the buoyancy and confidence in Dubai’s resurgence: last week’s Cityscape unveiling of 27 projects, totalling US$ 10.9 billion, and Emaar Malls Group’s recent successful IPO. With the institutional side of the sale being 30 times oversubscribed … Continue reading →

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Oh What A Circus!

Posted on September 30, 2014 by howesdubai

The circus came to town this week in the shape of the 13th Global Cityscape – 25% bigger than last year (using 31k sq mt of hall space) and the largest since the hedonistic days of 2008. With 280 exhibitors and … Continue reading →

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Both Sides The Tweed

Posted on September 20, 2014 by howesdubai

It has been yet another busy week for HH Sheikh Mohammed bin Rashid Al Maktoum as he has reviewed and given his seal of approval to several projects, the largest of which was a for Royal Atlantis Resort on Palm … Continue reading →

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Under African Skies

Posted on September 16, 2014 by howesdubai

HH Sheikh Mohammed bin Rashid Al Maktoum has approved a massive US$ 32.7 billion expansion plan for Dubai World Central which, on completion of phase 1, will accommodate 120 million passengers. The facility will cover an area of 56 sq … Continue reading →

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Time After Time

Posted on September 10, 2014 by howesdubai

Nakheel is going ahead with another Palm Jumeirah project for 130 apartments. Costing US$ 20.4 million, the 12-storey tower will be built by Trojan General Contracting and should be ready within two years. The Dubai-based developer has also opened its first … Continue reading →

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Foxy Lady

Posted on September 1, 2014 by howesdubai

There is no doubt that the aviation sector is feeling the pinch from current geo-political, health and climatic issues. With conflict areas – such as eastern Ukraine and northern Iraq – becoming no-fly zones, airlines have had to take expensive … Continue reading →

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