Tag Archives: emirates airline

To Ring The Alarm!

According to the latest CBRE ME report, prices of Dubai villas and apartments have seen annual falls of 14% and 16%, as total transactions have plummeted 33%. With an estimated 48k units being delivered over the next three years, it … Continue reading

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Big Wheel Keep On Turnin’ – Proud Mary

The less said about Donald Trump the better . .   . UAE is thought to be the most generous country in the world, having donated US$ 47.4 billion since its 1971 foundation. Latest figures indicate that 64.1% of aid is … Continue reading

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Let The Sun Shine In!

In a bid to make the emirate a global centre for clean energy and green economy, HH Sheikh Mohammed bin Rashid Al Maktoum has launched the US$ 13.6 billion Dubai Clean Energy Strategy 2050. Its main target is to ensure that … Continue reading

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Move On!

HH Sheikh Mohammed bin Rashid Al Maktoum donated his riding helmet to a fundraising auction organised by the Al Jalila Foundation. The charity, founded in 2013 and named after his daughter, benefitted by a massive US$ 6.5 million – probably making it the most … Continue reading

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Halleluiah!

Austrian developer, Kleindienst is set to complete its St Petersburg project, part of the 300-island The World, by October 2016. This 3rd phase will comprise the 109-room Tzar Hotel and 40 ‘Floating Seahorses’ – floating villas including 269 sq ft … Continue reading

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Games People Play!

September was another disappointing month for the hospitality sector as average room rates in the 4/5-star category dropped 2.3% to US$ 208. Although occupancy levels at 76.6% remained flat, all other indicators headed south – including total revenue per available … Continue reading

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No Good For You!

Nakheel has announced its latest development for Deira Islands – a JV with Centara Hotels & Resorts for a 550-key resort, complete with a waterpark. This would bring the Dubai developer’s room portfolio on the man-made location to 1.8k whilst … Continue reading

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A Change Is Gonna Come!

The big retail battle between Apple and Samsung is on in Dubai. This week, Samsung completed a major overhaul and expansion of its 9.2k sq ft flagship store in Dubai Mall ensuring that it was the electronics company’s largest global … Continue reading

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Don’t Let Me Be Understood!

If you thought that Dubai had enough shopping malls, think again! Nakheel has awarded contracts, totalling US$ 627 million, for three retail projects – Deira Islands Night Souk (US$ 319 million), Warsan Souk (US$ 211 million) and The Circle Mall … Continue reading

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Fast Car

Civil Engineering and Contracting has already started work on The Rosemont Hotel & Residences, located in Tecom. The 47-storey twin tower project will not only have 450 hotel rooms and 280-serviced apartments but will also boast an artificial beach and a … Continue reading

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