Tag Archives: JAFZA

Silent Night

Posted on December 27, 2012 by howesdubai

In a city of superlatives, it is not surprising to see that Dubai boasts ten of its constructions over 300 metres including the world’s highest building, shopping centre and hotel, viz., Burj Khalifa (828 metres), Princess Tower (414 metres) and … Continue reading →

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It Is Time To Say Goodbye

Posted on November 22, 2012 by howesdubai

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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All Right Now

Posted on October 25, 2012 by howesdubai

Now that property developer Limitless, a subsidiary of Dubai World, has restructured US$ 1.2 billion of debt, the company will soon come under the auspices of the Dubai government. In addition, it has fully cleared outstandings with 92% of its … Continue reading →

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We’ve Only Just Begun

Posted on July 14, 2012 by howesdubai

The impact of the eurozone debacle, slow worldwide growth and the fact that global banks are cutting back on lending are all reasons why this area is now facing a meltdown in bank lending. Staggering figures out this week have … Continue reading →

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Déjà Vu

Posted on May 6, 2012 by howesdubai

Those who remember the boom times will recall the plans then to build Hydropolis, the world’s first underwater hotel, off the Jumeirah coastline. The idea sank with the onset of the economic meltdown only now to resurface with the news … Continue reading →

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A Day At The Races

Posted on March 29, 2012 by howesdubai

After ten days of Shamal, a sunnier and brighter Dubai is now bracing itself for the big day on Saturday – the Dubai World Cup. This horse racing extravaganza, with total prize money heading towards US$ 30 million, will reach … Continue reading →

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