Author Archive

Burj Dubai, now Burj Khalifa, Arrives in Style!

Burj Dubai, now Burj Khalifa, Arrives in Style!

The moment we’ve all been waiting for is here… There was a mad rush of traffic that started early in the day as residents of the city rushed to the Down Town Burj Dubai area for what promised to be... (Continue reading)

Tagged with: Burj Dubai    Burj Khalifa    Dubai    history    tallest tower

Dubai: The Year According to Google News

Dubai: The Year According to Google News

It’s been a tumultuous year for Dubai, talk of people leaving cars in the airport, rumors about layoffs and the international media turned the city into a ghost town with tumbleweed rolling through the city streets. The truth is, it’s been... (Continue reading)

Tagged with: 2009    Burj Dubai    Burj Khalifa    Dubai    News    Recap    Recession

Breaking News: Dubai Holding sells its stake in EFG-Hermes to Western Investors

Breaking News: Dubai Holding sells its stake in EFG-Hermes to Western Investors

Yesterday a television station reported that Dubai Group, a unit of Dubai Holding, has sold its stake in EFG-Hermes, the Egyptian Investment Bank, for $120 Million. Rumors are rife about who the buyer may be. According to news reports on the... (Continue reading)

Tagged with: Breaking News    Burj Khalifa    Dubai    Dubai Group    EFG-Hermes

Dubai: the City that Cried Wolf

Dubai: the City that Cried Wolf

A week ago, Dubai announced to the world that one of its largest entities, Dubai World, will be seeking a moratorium on its debt, believed to be somewhere in the range of $60 Billion. Soon after, various holidays around the world... (Continue reading)

Tagged with: Burj Khalifa    Business    DP World    Dubai    dubai world    Economics    Istithmar    nakheel    Recession    Sukuk

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