Month: February 2006

View from Dubai

EVEN as the world’s attention is riveted on Dubai’s ambitious and high profile $6.8 billion bid for the UK-based ports operator, P&O, the Gulf investors are making big splash around the world, especially in Asian markets. The US interest groups may have worked themselves up over the Dubai Ports World’s winning bid for the P&O… Read more »

There’s more to this than merely price

The products of Californian software company Network General monitor the performance of corporate telecoms systems and its 650 staff communicate via VoIP. If anyone should know about the drawbacks of this technology it is Ken Boyd, CIO at Network General. The software he deals in watches assorted black boxes and connections in order to report… Read more »

Aerospace industry is next on list for Dubai’s soaring ambitions

Dubai's phenomenal success story is based on a brilliant branding exercise. That crucial image, which was supposed to be polished still further by Dubai Ports World's £3.9bn takeover of the P&O ports business, has now come under fierce attack in the US because of this very deal. What American politicians are not able to do… Read more »

Dubai comes to Dublin

For the first time ever, Dubai Select will be attending the Dubai Property Show on 24th – 26th March 2006. It will be the first exhibition of its kind to come to Ireland at the RDS Irish International Exhibition and Convention Centre, Dublin and will bring together leading Dubai property developers and agents. Mike Bridge,… Read more »

Grab a slice of the boom

The novelty of owning property in this part of the world is thankfully over and 2005 saw a growing trend of sensible buying and selling. That is a good thing. You do not see those wild profits from off-plan sales anymore and as speculators take a backseat, serious investors are giving the regional property market… Read more »

Unified GCC economy can attract more investments

DUBAI — A unified Gulf Cooperation Council (GCC) economy will attract more foreign direct investments (FDI) and create more opportunities for investors within the GCC region, said Dr Mohammed Khalfan bin Kharbash, UAE’s Minister of State for Financial and Industrial Affairs at the Gulf Wealth Forum yesterday. Addressing the delegates of the Gulf Wealth Forum… Read more »

Dubai Hotels Maintain Vibrant Growth

Dubai’s booming hospitality industry is maintaining its vibrant growth tempo with the emirate’s ever-expanding portfolio of hotels and hotel apartments posting impressive room occupancies since December 2005 after closing the three quarters of the 2005 with the highest occupancy rate of 86 % and world’s highest revenue per available hotel room (RevPar). The Dubai Department… Read more »

Can Dubai become the Hong Kong of the Middle East?

HONG KONG has flourished as the gateway to South East Asia and Mainland China. With one of the world’s freest economies, a low tax structure, and a highly effective and transparent legal system, Hong Kong has become a remarkably good place in which to do business. The similarities and synergies between the two City States… Read more »