Tags » Dfm

Hungry Eyes!

S&P is yet another company with a dire forecast that Dubai property prices will fall by up to 20%, from last year’s highs. The rating agency points to the fact that so many new units will come on line in H2 but any downturn will be softened because the economy is in a better position than it was six years ago, when prices fell by over 50%. 1,556 more words

Finance

Tragedy!

The Dubai doomsayers, who were predicting a 2015 30% property crash, still await their day in the sun, as latest figures from Knight Frank’s Global House Price Index indicate only a 6.1% annual slowdown. 1,954 more words

Finance

Say Goodbye

In a busy week, HH Sheikh Mohammed bin Rashid Al Maktoum has met with Queen Elizabeth, the Polish president, Bronislaw Komorowski, (on a two-day trade visit) and visited the Milano Expo for a further two days; there he announced that he wanted the next Expo in Dubai  to “dazzle the world”. 1,276 more words

Finance

Injector Port Mold Modeling

Hornet Racing needed to modify the design of their now previous injector port to improve quality and minimize machine time.

Figure 1: Isotropic View

Hornet Racing’s injectors are made of 6061 Aluminum and in batches less than 10 in quantity. 265 more words

CAD

Someone New

As expected, April turned out to be a dismal month for the hospitality sector as profitability indices sank by 19.5%. Occupancy, Average  Room Rates and Rev PAR all headed south – 0.5% to 84.9%, 12.8% to US$ 374 and 13.5% to US$ 317 respectively. 1,747 more words

Finance

Livin' On Borrowed Time

This weekend, Emaar will launch its latest project, located in the Opera District of Dubai. The twin towers – of 50 and 70 storeys – will comprise 1-4 bedroom apartments and will overlook the upcoming 2k-seat opera house. 1,525 more words

Finance

Art For Art’s Sake

The latest annual US$ 1.5 billion profit from Emirates has given two major stakeholders a welcome boost. The owners, ICD, saw its dividend increase to US$ 1 billion, whilst the 84.2k staff members were rewarded with a US$ 272 million bonus – equivalent to nine weeks’ salary. 1,244 more words

Finance