Tag Archives: Emirates Group

What’s Up?

In only its fourth year of operations, it seems that flydubai will be make an even bigger profit than the US$ 41.4 million made for the year ending 30 June 2012. Last year, the carrier saw passenger traffic at over … Continue reading

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

You Keep Me Hangin’ On

Further signs of the region bucking the global trend came with the news that Gulf cement companies saw a 24% Q1 increase in Revenue to US$ 1.25 billion whilst their profits rose by 21% to US$ 435 million. UAE-based companies … Continue reading

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

Right Here Right Now

The triple “Ts” of Travel, Trade and Tourism continue to be the main drivers helping Dubai in its recovery phase since the global meltdown of 2009 which left the emirate in such a parlous state. Despite the record high fuel … Continue reading

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

Cool wind in my hair

The Eagles flew into Dubai last week for probably the biggest concert the emirate has witnessed.  A memorable Thursday saw a sandstorm (that nearly caused the concert’s cancellation), some rain, a perfect evening and great music for the 20,000 + devotees. … Continue reading

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

Here Comes the Sun

With temperatures edging towards the 40 degree mark, there is no doubt that summer is on its way and DEWA can look forward to increased revenues! As the mercury climbs and the days get longer, the authorities may even consider … Continue reading

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

The Only Way is Up

Just when you thought there were enough Brits in this emirate, the Dubai government is launching a US$ 1.5 million marketing campaign to encourage even more to visit. The UK used to be the biggest feeder for the local tourism … Continue reading

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

Happy Days are Still Here

The local economy has again been boosted by this week’s Gulfood Exhibition. With more than 80 countries represented and 3,800 exhibitors, the event is the biggest to date. Further good news for Dubai including its hotel sector. According to a … Continue reading

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