Tag Archives: emirates airline

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 →

Posted in Finance | Tagged , , , , , , , , , , , , , , , | Leave a comment

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 →

Posted in Finance | Tagged , , , , , , , , , , , , | Leave a comment

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 →

Posted in Finance | Tagged , , , , , , , , , , , , | Leave a comment

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 →

Posted in Finance | Tagged , , , , , , , , , , , | Leave a comment

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 →

Posted in Finance | Tagged , , , , , , , , , , , , , , , | Leave a comment

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 →

Posted in Finance | Tagged , , , , , , , , , , , , , | Leave a comment

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 →

Posted in Finance | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

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 →

Posted in Finance | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Non, Je Ne Regrette Rien!

Posted on August 31, 2014 by howesdubai

The boom in the luxury vehicle sector continues at an ever-increasing pace. Rolls Royce recorded a July sales hike of 117% and Lexus came in with a 26% rise in H1 revenue, whilst Bentley recorded a 29% jump in UAE … Continue reading →

Posted in Finance | Tagged , , , , , , , , , , , , , , | Leave a comment

Just Can’t Get Enough

Posted on August 23, 2014 by howesdubai

Damac reported a healthy 39% boost in H1 profits to US$ 463 million as revenue jumped 59% to US$ 991 million, with Q2 returns of US$ 253 million and US$ 556 million respectively – both up on Q1’s US$ 210 … Continue reading →

Posted in Finance | Tagged , , , , , , , , , , , , , | Leave a comment