Financial Crisis

The latest on the financial crisis gripping Dubai.

The Blog

Bringing you thedubailife’s take on the latest happenings in dubai on a regular basis.

The Destination

Information about dubai the city, places to visit, places to stay and hotel reviews.

The Magazine

A unique look at life in Dubai, covering politics, culture, economics and current affairs.

The News

The latest news from around the globe vis-a-vi Dubai and the latest happenings.

Home » Archive by Category

Articles in Featured

Dubai is now the place to catch waves
Tuesday, 16 Dec, 2008 – 16:06 | No Comment
Dubai is now the place to catch waves

As Scott Chambers looks out over the waves at Burj al Arab Free Beach, their clean breaks take him back 13 years.
It was on this same beach that 12-year-old Scott and his friends surveyed the …

Dubai property market slump until 2011
Monday, 15 Dec, 2008 – 16:04 | No Comment
Dubai property market slump until 2011

EFG Hermes on Monday confirmed that real estate prices are falling in Dubai and said it could take more than two years for prices to pick up.
“We don’t really have an understanding of the full …

Builders slow down for developers
Monday, 15 Dec, 2008 – 10:14 | One Comment
Builders slow down for developers

Dubai builders are in talks to slow down the pace of construction on many contracts to give developers more time to raise finance and avoid having to make more drastic adjustments to their plans.
The move …

Citigroup arranges $8bn of debt for Dubai Inc.
Monday, 15 Dec, 2008 – 10:08 | No Comment
Citigroup arranges $8bn of debt for Dubai Inc.

Troubled US banking giant Citigroup has arranged more than $8 billion of financing for Dubai state-owned companies in recent months, the bank said on Monday.
“This is in line with our commitment to the UAE market …

Dubai feels the heat in climate of change
Sunday, 14 Dec, 2008 – 9:57 | No Comment
Dubai feels the heat in climate of change

Concern for the environment may slow growth
The United Nations climate negotiations, whose latest stage ended in Poland last week, are designed to prevent global temperatures rising above 2C by making it harder to keep emitting …

Chill out, you beautiful people, the Versace beach is refrigerated
Sunday, 14 Dec, 2008 – 9:49 | No Comment
Chill out, you beautiful people, the Versace beach is refrigerated

Versace, the renowned fashion house, is to create the world’s first refrigerated beach so that hotel guests can walk comfortably across the sand on scorching days.
The beach will be next to the the new Palazzo …

UAE Celebrates Eid al Adha
Monday, 8 Dec, 2008 – 17:08 | No Comment
UAE Celebrates Eid al Adha

The UAE were celebrating Eid today and so on this joyous occasion we’d like to wish all the readers of this site a ‘Happy Eid’!

Dubai: it should be ugly but it isn’t
Sunday, 7 Dec, 2008 – 13:12 | No Comment
Dubai: it should be ugly but it isn’t

Dubai is a beginning, not an end says Howard Jacobson, who was ‘hit with everything’ on his visit
or a holiday intended to be soothing, Dubai began badly. Not a day passed before we left without …

Dubai royals end interest in buying Liverpool
Sunday, 7 Dec, 2008 – 13:05 | One Comment
Dubai royals end interest in buying Liverpool

The Dubai Royal Family have ended their interest in a £500million offer to buy Liverpool, leaving the controversial American owners in charge until at least next July.
The high asking price and financial downturn in Dubai …

Burj Dubai to stand tallest for at least a decade
Friday, 5 Dec, 2008 – 10:58 | No Comment
Burj Dubai to stand tallest for at least a decade

Every cloud has a silver lining and for the world it literally will be The Burj Dubai. The global financial crisis has ensured that the super-tall skyscraper, already the region’s pride, will cement its place …