Tag Archives: Emaar

Here We Go Again!

Posted on February 10, 2014 by howesdubai

The big news story of the week came from Arabtec as it announced that the Abu Dhabi state fund Aabar (a 22% shareholder in the Dubai-based builder) had awarded the company a massive US$ 6.1 billion contract for 28 buildings … Continue reading →

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Don’t Cry For Me Argentina

Posted on February 2, 2014 by howesdubai

Reporting season is in full flow with four major Dubai banks announcing their 2013 results. The emirate’s largest lender, Emirates NBD, witnessed a 27% jump in profits to US$ 888 million along with  loans up 9% to US$ 64.9 billion … Continue reading →

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Isn’t It Ironic, Don’t You Think?

Posted on January 20, 2014 by howesdubai

With Jaguar Land Rover, Volkswagen and Rolls Royce announcing impressive regional 2013 growth of 46%, 30% and 17% respectively, there is no doubt that the Dubai motor trade is progressing well. Although final  figures for last year have yet to … Continue reading →

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Only Fools Rush In

Posted on January 13, 2014 by howesdubai

HH Sheikh Mohammed bin Rashid Al Maktoum has issued a decree appointing his son, the Crown Prince, HH Sheikh Hamdan, to head up the committee to supervise preparations for Expo 2020. His great uncle, HH Sheikh Ahmed bin Saeed Al … Continue reading →

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It’s All Over Now

Posted on December 20, 2013 by howesdubai

Damac Properties were quick out of the blocks as they announced the launch of their 270-unit Tenora Tower, adjacent to the Expo site near to Dubai World Central. Prices will start from US$ 166k and should be completed within eighteen … Continue reading →

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Nobody Does It Better

Posted on December 16, 2013 by howesdubai

Early signs of the positive impact of Dubai Expo 2020 were evident this week. Marriott International announced plans to increase its number of rooms, over the next six years, to 10k from its current portfolio of 2.7k. Emaar Properties have … Continue reading →

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All Together Now

Posted on December 12, 2013 by howesdubai

Amazingly, there were ten thousand applicants for the first viewing of Dubai Hills – a luxury development with villa prices reportedly starting at US$ 8.2 million! Emaar have selected just seventy to attend the first viewing on 08 December at … Continue reading →

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Dancin’ In The Streets

Posted on December 3, 2013 by howesdubai

The week ended with the inevitable announcement that Dubai would become the first city in the MENA region to host a World Expo. The news will add further impetus to an economy that is already beginning to outshine most others … Continue reading →

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Singin In The Rain

Posted on November 24, 2013 by howesdubai

Although the week started with a sandstorm and ended with a rainstorm, the big news was the massive US$ 99 billion new plane orders made by Emirates at the start of the Dubai Air Show with US$ 76 billion being … Continue reading →

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Little Arrows

Posted on November 21, 2013 by howesdubai

After a relatively quiet month by their standards, Emaar Properties are once again in the news – this time launching the Rosa collection of 144 villas in Arabian Ranches. No doubt there will be much activity on Saturday – in … Continue reading →

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