Tag Archives: HSBC

Catch Us If You Can

Following its September 2013 off plan sale, when 262 townhouses were sold in a day, Nakheel has finally awarded Ginco General Contracting a US$ 191 million contract for the construction of 936 units in its Warsan Village development. The project … Continue reading

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Here We Go Round The Mulberry Bush

The latest industry market report indicates that property prices continue to surge – up 42% over the past year. The usual factors driving prices are in evidence – political stability, buoyant local economy, growing demand, 2020 Expo etc. However such … Continue reading

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Don’t Look Back In Anger

There is no doubt that the local tourism industry is booming and latest figures from the World Travel and Tourism Council just serve to confirm this. The massive impact this sector has on the economy can be gauged from the … Continue reading

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It Is Time To Say Goodbye

Two recent events highlight the strength of Dubai’s economic recovery. Expanding export orders for the country has seen the HSBC Purchasing Managers’ Index at 53.8 in October – compared to say China where a similar index is at 53.5 and … Continue reading

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Happy Days Are Here Again

Dubai’s exhibition season has started with both the 11th Cityscape Global 2012 and GITEX Shopper (with the main GITEX Technology Week being still two weeks away). HH Sheikh Mohammed bin Rashid Al Maktoum opened the popular consumer and IT electronics event … Continue reading

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Stand and Deliver!

With the summer heat taking its toll, it comes as no surprise that UAE energy consumption rose 5.2% last year to a frightening level of 1.56 million equivalent barrels a day. Evidently its recent growth rate is amongst the highest … Continue reading

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Back in the High Life Again

Just to prove that the economy is on the mend, the world’s most expensive reading glasses have gone on sale in Dubai. And what do you get for US$ 75k – hand-crafted glasses, made in the USA, that are 18 … Continue reading

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