Four reasons why Dubai will survive
Wednesday, December 9th, 2009 Posted in Economy, General, Industrial investment, News, Real estate | 1 Comment »1) Actual (Strategic) Value of "Distressed" Real Estate: Dubai World, the government-affiliated parent company under scrutiny, is strapped with an estimated $24B in debt,including $7.3B in deteriorating real estate assets held by their Nakheel subsidiary. On paper, these assets are ...
Qatar wasting no time deploying capital, linking people and goods
Monday, November 23rd, 2009 Posted in Economy, JVs, Regional News | No Comments »A $25B joint venture was announced earlier today between Qatari Diar Real Estate Investment Co. and Deutsche Bahn AG, to build a railway system in the very liquid Gulf state of Qatar -- the world's largest producer of liquefied natural ...
Growing sense of optimism in Dubai — FT
Wednesday, November 4th, 2009 Posted in Economy, Regional News | No Comments »clipped from www.ft.com Signs of revival for Dubai property Dubai property prices have risen for the first time since the market crashed last year , up 7 per cent in the third quarter as demand revived and lending ...
IIF forecasts solid growth for GCC in 2010
Saturday, October 3rd, 2009 Posted in Economy, Regional News | No Comments »The Institute of International Finance (IIF) is forecasting a return to solid growth for Gulf Cooperation Council (GCC) states in 2010. The IIF expects current account and fiscal surpluses to remain "sizable," driven by a recovery in oil prices. The ...
IMF signs off on Saudi Arabian economy, outlook
Wednesday, August 26th, 2009 Posted in Economy | No Comments »The IMF issued a very positive report on Saudi Arabia last week, especially in light of the recency of the global financial crisis and ongoing global economic uncertainties. All systems are a go in the Kingdom, even as lower ...
