News Archive: 2008: economics

18, 2008 December:

Abu Dhabi set to buck trend

Property in Abu Dhabi is set to buck the trend of slowing growth in the UAE market by rising in the short-term, a new report has concluded...

08, 2008 December:

Scheming developers in Middle East

As Dubai continues to dominate the property headlines for all the wrong reasons, developers in the Middle East have started a real push to entice new buyers by offering a host of new schemes...

04, 2008 December:

Palm of your hand

Palm developer Nakheel is putting some of its flagship projects on hold and considering plans for an initial public offering to raise up to £7 billion as it faces massive cash flow problems...

02, 2008 December:

Ratings boost for RAK

Fitch Ratings boost for National Bank of Ras Al Khaimah...

25, 2008 November:

Debenham's dirhams

Middle-East funds go for Debenhams' Oxford Street store after £150 million deal fails...

19, 2008 November:

Bright future for Abu Dhabi

The UAE Federal Government and capital are booming, and the future is rich with possibilities for the people of the federation and its friends...

18, 2008 November:

New market will fare better

The property market in Abu Dhabi is in a good position to resist the global real estate downturn because it is still relatively new, according to analysts...

17, 2008 November:

UAE building confidence

The United Arab Emirates Government is committed to building confidence in the property market and is actively exploring initiatives to boost confidence in the sector, it is claimed...

14, 2008 November:

Desperate for dirhams

There have been record sales of Dubai currency in the UK, prompting currency firm M&S Money to suggest the region is still a popular destination for Britons seeking a winter holiday...

Renting reigns supreme

The frenzy of property buying and selling in Dubai has been replaced by a thriving rental sector as the credit crunch continues to play havoc with global property markets...

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