Dubai records 36pc trade growth in ’05
![Dubai records 36pc trade growth in ’05, DUBAI — Reinforcing its reputation as the trading hub of the Middle East, Dubai has achieved a 36 per cent growth in trade during 2005. According to trade traffic statistics compiled by the Statistics Department of Dubai Ports, Customs and Free Zones (PCFC), total trade through the emirate surged to Dh480 billion during the year [...] Buy and Sell Overseas Investment Real Estate and profitable World Property with Select Property.](/wp-content/themes/selective/scripts/timthumb.php?src=&w=70&h=70&zc=1)
DUBAI — Reinforcing its reputation as the trading hub of the Middle East, Dubai has achieved a 36 per cent growth in trade during 2005. According to trade traffic statistics compiled by the Statistics Department of Dubai Ports, Customs and Free Zones (PCFC), total trade through the emirate surged to Dh480 billion during the year [...]
UAE's real GDP grew 8.5% last year
Dubai: The UAE’s GDP grew by 8.5 per cent in real terms in 2005 due to strong growth in non-oil sectors, according to the International Monetary Fund. The non-hydrocarbon sector grew by 11 per cent in real terms, led by gains in the manufacturing and service sectors. The oil sector grew by 2.1 per cent. [...]
Future scenarios for Dubai real estate
It is a truth not always universally accepted that conventional wisdom is often wrong. There are so many people who did not buy Dubai property who would like the market to crash that it probably is unlikely to oblige them. Other market scenarios look rather different and should be taken more seriously. Many visitors getting [...]
Dubai economy ranked 17th
Dubai’s economy has been ranked the 17th most competitive out of a total of 61 top global economies in a study by a Swiss management institute, reported Gulf News. The International Institute for Management Development, alongside the Dubai Department of Economic Development, has published its Dubai in World Competitiveness Report 2005. The report ranked the [...]
Hollywood comes to Dubai
Hollywood Studios International is setting up its headquarters at the Dubai Studio City, reported Gulf News. HSI deals with management, production and international distribution and has plans to shoot up to seven big budget films every year. HIS will also have a base in Los Angeles, as well as Miami and New York. Source: AME [...]
