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 ...
UAE shoots for stars by acquiring stake in Branson’s space venture
Tuesday, August 4th, 2009 Posted in Defense, General, Industrial investment, Regional News | No Comments »Last week, the Financial Times reported that a UAE state-linked investment firm planned to acquire a 32 percent stake in Sir Richard Branson's civilian space venture, Virgin Galactic. Aabar investments will initially shell out $280 million, plus another $100 million ...
GE, Bahrain: Shine the light on growth
Thursday, June 11th, 2009 Posted in Industrial investment | No Comments »clipped from finance.yahoo.com GE inks $500M in power generation deals in Bahrain The deal reflects the Fairfield, Connecticut-based conglomerate's increased focus on the Middle East, where demand for electrical power is expanding rapidly as its population and infrastructure boom. Under the terms of ...
TF21 embraces President Obama’s unequivocal message in Cairo
Thursday, June 4th, 2009 Posted in General, Industrial investment, Markets, News, Trade | No Comments »In a commentary posted on the TradeFlow21 website in advance of President Obama’s speech, we wrote that necessity: 1) demands the cessation of hostilities between Israel and its neighbors, including the creation of a sovereign Palestinian state as the only viable ...
TradeFlow21 Commentary: Will President Obama finally turn the page in U.S. – Middle East relations?
Wednesday, June 3rd, 2009 Posted in General, Industrial investment, News, Trade | 1 Comment »When President Barack Obama delivers his address tomorrow in Cairo to the wider Muslim world, he will do so at great political risk to himself and his administration. But it is a risk that demonstrates the political courage of a ...
Abu Dhabi-Daimler: cash is king, green is good
Tuesday, March 24th, 2009 Posted in Industrial investment, SWF | No Comments »If not for U.S. Treasury Secretary Geithner's latest toxic asset rescue plan -- which actually finally tickled the stock market -- Abu Dhabi's Aabar Investments' $2.66B (9.1% stake) investment in Daimler AG would have been the headline of the day. ...
President Obama touts trade over protectionism in address to Congress
Thursday, February 26th, 2009 Posted in Industrial investment, Markets, Regional News, Trade | No Comments »In his first address to a joint session of Congress on Tuesday night, President Obama committed to work with G-20 nations to "restore confidence in our financial system, avoid the possibility of escalating protectionism, and spur demand for American goods in markets across the globe." This ...
UAE central bank extends Dubai $10B loan
Monday, February 23rd, 2009 Posted in Industrial investment, Real estate | No Comments »The Emirate of Dubai will receive a $10bn loan from the UAE central bank as part of its debt restructuring program the Financial Times reported Sunday. The Dubai real estate sector, which has been a primary driver of regional development ...
TradeFlow21 Editorial: Yes, Mr. President, we can build a more prosperous, secure world through Middle East trade
Sunday, November 16th, 2008 Posted in Industrial investment, Markets, Oil, Trade | No Comments »We are traders all. We barter and bargain, agree then rescind, resume and conclude negotiations for goods and services throughout our lives. We trade because we are inclined by nature to do so, regardless of how we earn our daily ...
Ready for its close-up, Abu Dhabi bids to become filmmaking capital
Tuesday, September 9th, 2008 Posted in General, Industrial investment | No Comments »With $1 billion in hand, the government-sponsored Abu Dhabi Media Company announced plans to produce eight feature films over the next five years. Abu Dhabi's move into filmmaking is seen as an attempt to unseat sister city, Dubai, as a ...
