Tags » Dfm

Good Riddance (Time of Your Life)

Dubai Land Department reported that H1 real estate transactions totalled US$ 30.8 billion, of which US$ 14.2 billion occurred in Q2 indicating a slowdown compared to the previous quarter. 1,223 more words

Finance

Life On Mars

Following Emirates’ announcement earlier in the month, confirming its order for 150 Boeing 777X aircraft, the airline has signed a 12-year, US$ 13 billion maintenance and repair agreement with GE for the 300 GE9X engines that it ordered last November, at a list price of US$ 15 billion. 769 more words

Finance

A Hard Rain's Gonna Fall

It seems that the government has been successful in its aim to take the heat out of the burgeoning property market. A mere 1% hike in Q1 prices indicates that the introduction of a mortgage cap, along with the doubling of transfer fees to 4%, has had the desired impact. 1,590 more words

Finance

What communications lessons can we learn from Arabtec's leadership and stock crises?

For those based in the Gulf and with an interest in communications, the last couple of weeks has been a remarkable story. We’ve watched as the region’s largest construction firm by market value has staggered from one crisis to the next. 799 more words

United Arab Emirates

The Circle Game

The following article was written over nine years ago and serves to show the cyclical nature of Dubai’s economy.

Looking beyond short-term gains

By Tim Howe, Special to Gulf News… 586 more words

Finance

Fernando

Although relatively quiet by recent Dubai standards, annual property price rises, at 27.7%, are still the highest in the world. However, according to the latest Knight Frank’s Global House Price Index, Q1 increases at 3.4% were 63% down on the same period of 2013 but still nearly six times the global average of 0.6%. 1,400 more words

Finance

Marka IPO on DFM - a sign of desperation or down of new era?

This is what one news report said “The first initial public offering (IPO) of Marka oversubscribed by more than 36 times as it raised AED10bn instead of the AED275mn target on the Dubai Financial Market (DFM), according to the company. 293 more words

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