The Dubai Flipping Game

We count ourselves amongst those that rather like the idea of owning a holiday pad in Dubai, perhaps something we could use for a few weeks each year and have it rented out for the rest of the time. Something that would appreciate in value over time too – well thats a plan that has [...]

Moody’s turns the Screw with possible Ratings drop

We hear that Moody’s Investor Service, a credit ratings agency that assesses credit risks in relation to corporate debt issuers and sovereign nations is considering dropping its debt credibility ratings for six of Dubai’s major companies that enjoy strong state backing. The companies mentioned are:

Piers Morgan on Dubai

Shown on ITV1 Thursday, 29 January 2009, 9:00PM
Having just watched the Piers Morgan documentary about Dubai on ITV1, I can report that overall it was a worthwhile one hour of viewing and a welcome break from all the doom and gloom to be found on the box lately.
There was nothing particularly new that we haven’t [...]