Tag Archives: Qantas

Foxy Lady

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

Back In The USSR

Knight Frank’s 2014 Wealth Report shows that Dubai had the seventh biggest annual increase in the global prime luxury market. At 17.0%, it was a lot lower than the likes of the top three – Jakarta, Auckland and Bali at … Continue reading

Posted in Finance | Tagged , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

The Show Must Go On

On Sunday, Nakheel paid off more than a third of a loan that was not due for repayment until September 2015. The US$ 640 million early settlement is an indicator that the developer has recovered from its enforced August 2011 … Continue reading

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

Only Fools Rush In

HH Sheikh Mohammed bin Rashid Al Maktoum has issued a decree appointing his son, the Crown Prince, HH Sheikh Hamdan, to head up the committee to supervise preparations for Expo 2020. His great uncle, HH Sheikh Ahmed bin Saeed Al … Continue reading

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

All Together Now

Amazingly, there were ten thousand applicants for the first viewing of Dubai Hills – a luxury development with villa prices reportedly starting at US$ 8.2 million! Emaar have selected just seventy to attend the first viewing on 08 December at … Continue reading

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

Money, Money, Money

Every month this year, consumer spending has shown marked increases – with June the largest on record as personal expenditure reached US$ 1.0 billion, with the H1 total at US$ 4.2 billion. Amazingly, this sum equates to all the spending … Continue reading

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

Wishin’ and Hopin’

As the real estate sector is fast returning to its pre-GFC levels, it came as no surprise to hear that Emaar’s latest off-plan development sold out on launch day. All 280 units, available in the 55-storey Downtown Residence Fountain Views, … Continue reading

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