Revolutionary ownership changes for Dubai freehold communities
The new Dubai strata law governing the ownership of freehold communities takes control away from the developers and vests it in new owners associations.
The legal structure of these new associations is precisely defined in…
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Stock market bears takeover as rally ends
The stock market resumed its downward trend yesterday all over the world with very little reason for the bulls to be optimistic. A full on stock market rout between now and the end of October…
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Restaurant Review: Le Petit Blanc, Oxford from Dhs65
French chef Raymond Blanc would not mind being described as one of the best chefs in England. And yet so hard are times for British chefs these days that his meal deals start from Dhs65.…
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Silver is top pick for commodities guru Jim Rogers
The author of ‘Hot Commodities’ is interviewed live on CNN about how he reads the market now and says that if he had to buy one commodity it would be silver, and not gold.
He…
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Iran sanctions to halve trade with the UAE to $6bn
The new United Nations’ sanctions imposed on Iran on June 9th are likely to halve trade between the UAE and Iran from its peak of $12 billion in 2008 to $6 billion this year, according…
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When will be the best time to buy a home in Dubai?
With the head of the Gulf’s largest construction company warning that the oversupply in Dubai will take at least four to five years to absorb, buyers are understandably wary of committing themselves. But then buyers…
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Etihad business class sets the highest service standards
Abu Dhabi’s flagship Etihad Airways is winning new clients with its very high service standards, more in tune with a five-star hotel than the casual service found on many airlines these days.
For business class…
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Dubai recovery patchy and slow due to debt, property and global economy
Today there is a big conference in the Armani hotel in the Burj Dubai looking at recovery prospects for Dubai, with many senior business and government speakers. The mood is likely to be upbeat and…
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Second Dubai airport symbolic of recovery outlook
In the heat of the hottest Arabian summer for 30 years the second Dubai airport will open with its first flights today after receiving aerodrome certification yesterday.
This is quite a low key launch for…
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Rich Dad on the great paper money scam and buying silver and gold
This guy knows when the trend is his friend. Sat here in my old Oxford college and the prices in this town are five times higher than 30 years ago. Actually the only commodity cheaper…
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