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Almost half of GCC companies to expand workforce, says Mercer

42 percent of corporations in the region are planning to expand their workforce in 2009, compared to only…

June 18, 2009 12:00
 
Where’s Dubai headed?

Where’s Dubai headed?

A list of recent quotes from people and companies predicting what the emirate can look forward to in the near future.

June 17, 2009 11:00
 
Looking to the skies

Looking to the skies

Nothing big is expected from the Paris Air Show this year, as the global airline industry is going through a turbulent phase because of the financial crisis.

June 15, 2009 11:27
 
Bashing the Dubai-bashers

Bashing the Dubai-bashers

The emirate has just established a media office to spread the good word around, and try and curb negative reports about Dubai.

June 14, 2009 12:38
 
Dubai’s retailers: down but not out

Dubai’s retailers: down but not out

The financial crisis is squeezing retailers’ profits in Dubai hard, with many now complaining about their high rents. Are new claims that spending in the city will soon pick up again accurate?

June 10, 2009 4:36
 
Working harder for the money

Working harder for the money

More than half of the region’s working professionals are taking on more responsibilities and being more productive as a result of the financial crisis, says Bayt.com.

June 3, 2009 9:15
 
How much money are you sending home?

How much money are you sending home?

Reports say that remittances from expatriates in the UAE are rising constantly. But will job insecurities and smaller savings slow the money flow down?

June 3, 2009 8:18
 
Nakheel back in the game

Nakheel back in the game

The Dubai-based developer has confirmed that it will be using some of the funds given by the government to repay its debtors.

May 28, 2009 12:07
 
No more property market speculation for a generation

No more property market speculation for a generation

So says Nobel Prize winner Paul Krugman, who believes that the current real estate crash was “one hell of a lesson” for greedy investors.

May 26, 2009 3:52
 
The Gulf will bounce back

The Gulf will bounce back

A report by the International Monetary Fund says that compared to other nations, Gulf countries will fare better in – and recover faster from – the recession.

May 26, 2009 2:59
 
Dubai world’s second worst performing property market

Dubai world’s second worst performing property market

Dubai is the second performing property market in the world after Latvia, says London-based Knight Frank. Ouch.

May 26, 2009 9:42
 
Quick tourism facts from around the world

Quick tourism facts from around the world

Dubai saw tourism revenues fall 15 percent in the first quarter of the year. We check out some global tourism trends during the same period.

May 19, 2009 12:53
 
Let’s go to court

Let’s go to court

Dubai courts are suddenly finding themselves flooded with cases thanks to a rising number of property and trade disputes in the city.

May 19, 2009 12:39
 
Economists cautious, but optimistic

Economists cautious, but optimistic

Industry experts at the Country Risk Conference agreed the Middle East is suffering from the financial crisis, but they’re optimistic about its future.

May 11, 2009 4:00
 
Better than the rest

Better than the rest

Despite being affected by the financial crisis, the Middle East is faring better than other regions, says the IMF.

May 10, 2009 1:17
 
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