real estate
The UAE and the emirate of Dubai in particular are likely to experience a mini-boom as a result of the regional situation....
Leading Dubai developer Union Properties posts massive losses in 2010, leading to a sharp decline of shares prices for other developers in the UAE as well. ...
Abu Dhabi developer Aldar is reportedly seeking a government bailout as it’s CEO resigns, its shares tumble and the government announces that Abu Dhabi has an oversupply of real-estate....
The announcement by Dubai World that it has agreed with most of its creditors on debt restructuring is a positive piece of news that will help Dubai move past the economic crisis....
The announcement that Dubai World will be prepared to sell its “prized assets” to pay off its debt indicates the government-owned entity has been unable to secure support from Abu Dhabi....
A survey has revealed over 85% of UAE residents have personal debts of over US $135,000 each....
Bulgarian real-estate sales sank 15.5% in the first half of 2010 compared to the first six months of 2009, according to new data from the Bulgarian Registry Agency....
The revival of the Omani flagship project, Blue City, is an indication that Oman’s economic diversification plans are back on track....
Dubai government appears to have solved an immediate debt repayment issue as it effectively takes control of some Dubai World entities....
The eminent liquidation of the Blue City project represents the failure of the country’s flagship and first venture into master-plan developments....
The stoppage of work by Arabtec on Nakheel projects indicate that the Dubai problems in general are far from over and that chances of a quick recovery are remote....
Construction output plunged 21.9% in November 2009 compared to the same month a year ago, according to preliminary data from the Bulgarian National Statistical Institute published on January 11....
The Bulgarian government approved the 2010 draft budget which contains tough needed austerity measures. It now faces two readings in Parliament, but its passage is likely....
Dubai’s Nakheel and Emaar have both said they will participate in Cityscape Dubai, after initially saying they will not participate....
The UAE indicated that it plans to move ahead with a foreign investor protection law, in an effort to attract foreign investors to the country....
Dubai government-owned companies have embarked on major reforms and restructuring, as well as panic selling of assets....
Poland continues to be the most mildly affected economy in the region by the crisis, although the government’s attempts to plug the holes in the budget could sharpen the political conflicts....
The UAE has scrapped the requirements for new companies to have a minimum capital of Dh 150,000. This will contribute to encouraging new businesses and entrepreneurs to set-up in the UAE....
Dubai’s economy faces more difficulties as the merger between lenders and Amlak and Tamweel and their support by the federal government is put into doubt. In addition unemployment is rising....
The results of the European Elections in Bulgaria showed that the governing parties still hold majority of the votes, but not enough for a majority after the July elections. FDI saw a 50% decline YoY....
Ungheria, ali tarpate per la Malev (February 4)
A Revised Portrait of Hungary's Right-Wing Extremists (February 3)
Verden er blevet mere udemokratisk (January 24)
Hungary PM backs down (January 20)
Circunscripciones a medida (January 19)
Uma lei eleitoral desenhada à medida do Fidesz (January 16)
