Common sense is the currency of rational minds — in this respect Dubai may be short on change. On November 25, Dubai World, the wholly owned subsidiary of the…
Dubai
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The United Arab Emirates hascoveted for itself an image of unrivaled opulence, with few rivals on PlanetEarth. Dubai put a massive exclamation mark on this sentiment at the beginningof 2010…
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The man playing the gold-plated piano on the Meydan stand at this year’s Cityscape exhibition in Dubai was reminiscent of a scene in the blockbuster film Titanic: as the famous…
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The first power plant was established in the Emirate of Dubai in 1961 when citizens of the small city-state still lived a life dominated by their desert environ. Half a…
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A Dubai court issued a precedent-setting ruling last month that may be a game changer for the emirate’s real estate market. When the housing bubble burst and Dubai’s properties…
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After Abu Dhabi pledged $10 billion to help Dubai World pay off its $4.1 billion sukuk (an Islamic bond) commitments, global markets revived and the Gulf seemed to breathe a…
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The year 2009 was a modestly tolerable one for capitalism, but not at all for capitalist culture, or the advancement of free minds in freer markets. While the aftershocks…
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At the Union of Arab Stock Exchanges (UASE) conference in Cairo last month, Executive spoke with leading figures from different bourses around the Arab world about the impact of…
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With iconic projects that attracted international celebrities such as Donald Trump and David Beckham, the Dubai-based real estate developer Nakheel has always played an important role in fulfilling Dubai’s…
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Property disputes between real estate developers and investors in the United Arab Emirates have increased since the financial crisis crippled the country’s property market. Dubai’s property court has already recorded…