Posts Tagged ‘down’

Dubai property developers selling units at 2006 prices

By Kipp • Dec 26th, 2009 • Category: Middle East Business News

A number of real-estate developers in Dubai are bringing down their property prices to 2006 levels…


Air Arabia posts first ever drop in Q3 profit

By Kipp • Nov 14th, 2009 • Category: Middle East Business News

Sharjah-based budget airline Air Arabia said its third quarter net profits dropped 9 percent due to...


Dubai Investment posts 56pc drop in Q3 net profit

By Dana El Baltaji • Nov 1st, 2009 • Category: Middle East Business News

Dubai Investments Co posted a 56 percent decline in third quarter net profit on Sunday...


Salaries in UAE property sector down 30pc in 2009, says study

By Kipp • Oct 31st, 2009 • Category: Middle East Business News

The nation’s real estate sector has seen a 30 percent drop in salaries in 2009 due to...


Where have all the jobs gone?

By Dana El Baltaji • Jul 13th, 2009 • Category: Abu Dhabi, Cover Story, Dubai, Labor, Nation, Regional, Saudi Arabia

Abu Dhabi, Qatar and Saudi Arabia, that's where. Job vacancies in Dubai have fallen 13 percent since 2008. The UAE labor minister predicted this would happen.


Ad spend down 26 pc

By Dana El Baltaji • Jul 12th, 2009 • Category: Middle East Business News, Nation, advertising

Advertising spend in the UAE fell 26 percent in the first half of 2009 compared to the same period in 2008...


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