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DIFC

This tag is associated with 3 posts

Luxury Retail Gulf.

By shehab ⋅ April 13, 2009 ⋅ View Comments

The Gulf luxury retail market is set for a painful slowdown after years of impressive growth but it remains one of the industry’s few relatively bright spots.

Deleveraging Dubai.

By shehab ⋅ March 4, 2009 ⋅ View Comments

On reading the recent spate of death of Dubai articles (FT, Guardian, NY Times, WSJ etc) you’d think the place was finished. I spent a few weeks there recently and although there seemed to be visible signs of a slowdown (less traffic, quieter restaurants, etc) it’s far from game over.

Villa Moda – I called it.

By shehab ⋅ November 7, 2008 ⋅ View Comments

Back in April I wrote in admiration about Sheik Majid’s exciting Villa Moda expansion plans while also worrying about possible over-stretched finances. Last month DIFC bought a massive 70% stake in Villa Moda, the company Al Sabbah founded.

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