Happy 2010 to all Dubai Dreams readers
Happy new year to all our readers. 2009 has been a tough year for Dubai, but there are signs that 2010 might be a year of stabilisation or even slight improvement for the troubled emirate – at least Abu Dhabi has finally stepped up to shore up some of Dubai’s debts now. Anyway here’s to [...]
Dubai aiming to spend its way out of recession
True to form, Dubai is planning to spend its way out of the continuing economic crisis caused by the global recession, according to the FT. Dubai’s service based economy has been hit particularly hard by the prevailing economic situation and ratings agencies are concerned that Dubai may face problems refinancing its debts in the current [...]
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