Monday, December 7, 2009

Marketing UAE as one destination offers long-term benefits

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What's new at AMEinfo.com            8th Dec 2009
  

Marketing UAE as one destination offers long-term benefits

Branding the UAE as one destination, rather than focusing solely on Dubai and Abu Dhabi, would greatly benefit the country's tourism industry, especially in light of the economic downturn and the Dubai World debt crisis, according to an industry expert.

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Dubai World announcement serves as wake-up call to world markets

Now that the global outcry about Dubai World's bid to restructure its debt has calmed down, the time is ripe for a more sober analysis of financial markets and the wider global economy.






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Lack of data hampers Dubai property market forecasts
 


A recent report by financial services firm UBS has predicted that property prices in Dubai could drop a further 30% over the coming 18 months as the sector absorbs new supply coming online coupled with damaged investor confidence in the market due to the cancellations or postponements of a number of projects and a decrease in population in the emirate.

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Face-to-Face: Joseph Wan, CEO, Harvey Nichols

Luxury retailer Harvey Nichols has a heritage stretching back to 1813, the year they opened their first store in London. Joseph Wan, CEO, Harvey Nichols talks to Phil Blizzard about their present day operation, their overseas expansion and the importance of their presence in Dubai, which is in association with the Al Tayer Group.

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Reactions on the floor of the Dubai Financial Market

On the day following the largest fall on the Dubai Financial Market for over a year, Phil Blizzard talks to investors on the floor about the impact of the Dubai World announcement - which resulted in 7.3% drop in share value at the end of the first day of trading. Opinions were mixed and the general consensus was the need for more information and announcements from the Dubai Government.

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