Marker of Desperation

How is this for a novel approach to finding a new job? Get your black marker pen out and advertise yourself on the back of your £40,000 (AED 200,000) Porsche!
The BBC today reports that this is exactly the approach that one UK national, who has just been made redundant from his construction manager’s job in [...]

Shuaa Capital : “Dubai prices will drop 60%”

Well the latest Dubai property price analyses and forecasts are in.
In the worst case scenario for the coming year, UAE Investment bank Shuaa Capital reckons that real estate is heading for up to 60% falls by the end of 2009, after which they should begin to stabilise at the new lower level. The bank [...]

Does the Burj Dubai signal recession?

Could it be that the building of record breaking Skyscrapers could be used as a tool to predict the onset of economic downturn? What does this mean for Dubai, now that the Worlds tallest building, the Burj Dubai, nears completion!

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