Is the $3.5 billion Nakheel Sukuk a buy?
Cool! I have a short quote in Kaelen Wilson-Goldie’s recent review of the massive Sharjah / Dubai art week that recently wrapped in The National.
The FT’s Lex has a worrying update on MGM Mirage. Not music to Dubai World’s ears.
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.
Simeon Kerr in the FT reports on the rapidly changing job prospects in Dubai (summary: it’s a buyer’s market). Real estate and finance are generally out although senior replacement positions are still being actively filled. The rest of the region led by Doha and Abu Dhabi and followed by Saudi and Kuwait are faring better.
The World MBA Fair comes to Dubai and Abu Dhabi on 8th and 10th Dec respectively. LBS, Judge and Wharton are some of the participating school.
Abu Dhabi is spending billions of dollars to transform itself into a global media hub. What will that mean for Dubai and Doha’s media ambitions?
Eddie Pulliam, Senior Associate Director of Admissions at the University of Chicago Graduate School of Business presented an information session at the Nile Hilton (what a classic hotel!) last night and turnout was decent inspite of worse than already awful usual traffic (causes: a presidential visit next door at the Arab League HQ and a customary 3-car pile up).
Chicago GSB are in the region at the Nile Hilton tonight (Oct 26) and the Grand Hyatt Dubai tomorrow (Oct 27)
The Economist says senior managers in Qatar, the UAE and Saudi Arabia are the world’s best paid (adjusted for taxes and living expenses)