Tag Archives: emirates airline

It Is Time To Say Goodbye

Posted on August 3, 2015 by howesdubai

A recent Central Bank report indicates that the government is planning a 4.1% cut in public spending to US$ 125.5 billion, in the wake of the massive fall in oil revenue. This is in sharp contrast to recent annual hikes … Continue reading →

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Nowhere Man

Posted on August 3, 2015 by howesdubai

Although local petrol prices, at US$ 0.47 per litre, are the highest in the GCC, they still have to go a long way to match the likes of Hong Kong, Norway, Netherlands and the UK, where they stand at between … Continue reading →

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The Last Time!

Posted on August 2, 2015 by howesdubai

With an expected opening later in the year, Al Habtoor City has started a major recruitment campaign for its mega hospitality and residential project. The multi-use development, located on SZR, includes three 5-star hotels, three residential towers, retail and restaurant outlets, … Continue reading →

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So Far Away!

Posted on July 9, 2015 by howesdubai

It seems that Dubai Sports City is in serious discussions with financiers for a new 60k-seat football stadium, that would complement their existing 25k-capacity cricket ground and the Els Golf Course. Design work has been completed and the proposed facility … Continue reading →

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Giving It All Away

Posted on July 6, 2015 by howesdubai

Dubai has announced the construction of the first functional 3-D building in the world. The whole 2k sq ft project – building, fit-out and furniture – will be printed on a massive 20’ high 3D printer. This development is an … Continue reading →

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Hungry Eyes!

Posted on June 30, 2015 by howesdubai

S&P is yet another company with a dire forecast that Dubai property prices will fall by up to 20%, from last year’s highs. The rating agency points to the fact that so many new units will come on line in … Continue reading →

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Tragedy!

Posted on June 27, 2015 by howesdubai

The Dubai doomsayers, who were predicting a 2015 30% property crash, still await their day in the sun, as latest figures from Knight Frank’s Global House Price Index indicate only a 6.1% annual slowdown. However, on a global scale the … Continue reading →

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Say Goodbye

Posted on June 24, 2015 by howesdubai

In a busy week, HH Sheikh Mohammed bin Rashid Al Maktoum has met with Queen Elizabeth, the Polish president, Bronislaw Komorowski, (on a two-day trade visit) and visited the Milano Expo for a further two days; there he announced that he … Continue reading →

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Someone New

Posted on June 9, 2015 by howesdubai

As expected, April turned out to be a dismal month for the hospitality sector as profitability indices sank by 19.5%. Occupancy, Average  Room Rates and Rev PAR all headed south – 0.5% to 84.9%, 12.8% to US$ 374 and 13.5% … Continue reading →

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Livin’ On Borrowed Time

Posted on May 29, 2015 by howesdubai

This weekend, Emaar will launch its latest project, located in the Opera District of Dubai. The twin towers – of 50 and 70 storeys – will comprise 1-4 bedroom apartments and will overlook the upcoming 2k-seat opera house. Al Barari has released … Continue reading →

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