International lenders did not disclose specificities, but said it was part of global cost-cutting plansNovember 26, 2015 11:32
Let’s sing and dance
It seems like the UAE has become a hot destination for international music performers in the recent times. But why?
January 5, 2009 3:18 by kippreport
It’s the season of musical performances in the country. Shakira just shook Abu Dhabi, and now Fatboy Slim is going to “spin Dubai” during the upcoming shopping festival.
With news of the global financial crisis and the drying liquidity in the market filling up media reports, it does seem slightly absurd to see the region pulling in these expensive performers. It does imply that there are people in the region who are still willing to shell out money for some entertainment, and are not yet tightening finances.
It also means that many jobs are still secure, that many lives are going on as usual, and that it is not all “doom and gloom.” Right?