Tue Dec 14, 2010 16:05 GMT |
Regular readers of this blog will know that I have been to Dubai a couple of times over the past few years, most recently in March 2010 (see Dubai: Notes From A City At The Cross Roads) and have commented several times on the emirate’s financial crisis. Well, now I have come back from another… [Read more]
Tags: Abu Dhabi, Bubble, Burj Khalifa, Debt, development, downside, Dubai, financial crisis, Jim Krane book, Metro, Property, UAE
Posted in: financial centre, Financials, General, Geopolitics, Housing, infrastructure, Middle East, oil and gas, retail
Thu Mar 4, 2010 17:39 GMT |
Having just returned from my latest business trip to Dubai, I have to report that confidence in general remains very subdued. For sheer tragic parade-raining, bubble-bursting symbolism, you can’t beat the Burj Khalifa tower (renamed at the last minute to appease the neighbours and then closed soon after opening for ‘technical reasons’ – for three… [Read more]
Tags: Burj Khalifa, Dubai, Dubai World, Economy, Gulfood, population
Posted in: Emerging Europe, Equities, Financials, General, Middle East