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Tag Archives: OPEC
Dead Man Walking!
Dead Man Walking! 08 May 2026 A US$ 109 million beachfront land deal, comprising three adjacent freehold plots in Jumeirah Coastline, has set a new benchmark for Dubai’s expanding super-prime residential market. The transaction covers more than 113k sq ft … Continue reading
Posted in Categorized
Tagged archers-midnight, business, dubai-taxi, eciu, economy, Emirates, Finance, gamestop, HSBC, jumeirah-coast-line, liv-golf, news, OPEC, politics, shell, south-korea, Strait of Hormuz, uae-pmi, uk-elections, vodafone
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The End of the Line
Just how diverse the UAE economy has become can be gleaned from the fact that the country is now the leading global hub in the tea re-export market with a massive 60% share, valued last year at US$ 48 million. … Continue reading
Posted in Finance
Tagged Brookfield Multiplex, DEWA, DFM, Dubai, Dubai Financial Market, Dubai International Airport, Emaar, flydubai, Ghaith al Ghaith, JW Marriott Marquis, Masdar, Obama, OPEC, UAE, Union Properties
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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 DFM, Dubai, Dubai Financial Market, Emirates, emirates airline, Emirates Group, Eros Group, euro, Euro Crisis, Landmark Group, OPEC, Real Estate Regulatory Authority, RERA
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