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Middle East

This tag is associated with 49 posts

Rebuilding Dubai via Entrepreneurship.

Dubai, at the vanguard of globalization and home to a monumental property bubble (relative to its tiny economy), has not taken the Great Deleveraging well.
Looking strategically beyond the bubble fall-out lies a huge opportunity for a sustainable Dubai recovery: Entrepreneurship.

Twitter in Dubai and Abu Dhabi. [The National]

I’m in National again!. Jen Gerson tweeted me for an article in The National on Twitter usage in Dubai and Abu Dhabi.

Differentiating Dubai’s Debt.

Is the $3.5 billion Nakheel Sukuk a buy?

Luxury Retail Gulf.

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.

Capturing Culture in Dubai.

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.

Dubai’s Sin City Misfortunes.

The FT’s Lex has a worrying update on MGM Mirage. Not music to Dubai World’s ears.

Deleveraging Dubai.

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.

Dubai’s Disappearing Dream Jobs [FT].

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.

MBA World Tour comes to UAE.

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.

Villa Moda – I called it.

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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