Comments on: Dubai hit hard by financial crisis

By: Cazari Alba

Cazari Alba — Wed, 14 Apr 2010 20:14:07 +0000

This was a greate article , thanks for information.

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Thu, 14 Jan 2010 09:31:58 +0000

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By: Jimmy

Jimmy — Sat, 26 Dec 2009 02:42:23 +0000

European companies mislead Dubai government and business people, and they are the people escaped from this crisis first.

I don’t know why Dubai rulers did this mistake, I have been to Dubai first time in 1989, not only Dubai all UAE was just doing fantastic and developing, they would have develop normally like Abu Dhabi, but they given some crazy ideas by stupid European companies and also I have seen they got European fever like employers asking only UK degrees and diplomas for local jobs, I heard the UK institutes not teaching much just they selling the degrees and diplomas for money.

I have seen Dubai recently I don’t think Dubai will survive just like that as long as they come out of western influence and life style.

Australia TV – Channel 9’s program 60 minutes also one of the reason for real estate blunder in Dubai.

Come on Middle East open your eyes and mind too, wakeup and behave.

Jimmy

By: veniem

veniem — Mon, 14 Dec 2009 01:27:07 +0000

how could they think of building such expensive hotels. islands and houses where only the millionaires or the billionaires can afford. Yet these people are not even 1/4 of the world’s population. Considering the cost of living in dubai is high compared to other exotic places, who wants an artificial island with all the artificial facilities?
with the money spent, they can buy a nation for those oppressed muslims who are everyday facing uncertainty. The wealth of this world is a trust given to mankind and must not be wasted but spent wisely for the betterment of humankind. it’s not too late to realize that.

By: Athmania Othman

Athmania Othman — Sat, 05 Dec 2009 15:57:55 +0000

I teached some students, i told them that Dubai is not a good economic example, it hasn’t solid economy, it’s economy based on services and tourism and unfortunately real estate, and the real estate sector has utopic goals, and this debt crisis is just the begining, i hope that Dubai will be good nex months..

By: Athmania Othman

Athmania Othman — Sat, 05 Dec 2009 15:52:30 +0000

I teached some students, i told them that Dubai is not a good economic example, it hasn’t solid economy, it’s economy based on services and tourism and unfortunately houses building, and the building sector has utopic goals, and this debt crisis is just the begining, i hope that Dubai will be good nex months..

By: Barley

Barley — Sun, 29 Nov 2009 14:08:03 +0000

Dubai is actually a great place to live, just ask anyone who has to reluctantly return to the UK. The ruling elite however seem reluctant to address the fact that without securing a residence visa with the purchase of a house or apartment, retirees (or anyone who is not on a work permit or a spouse) have to leave the UAE every 30 days. It’s ludicrous.

By: bhattathiri

bhattathiri — Fri, 27 Nov 2009 07:22:28 +0000

greed is the main reason for this problem. Talking to newspersons here after a meeting of the State Cabinet, the Chief Minister said the Smart City Dubai, the developer of the proposed Rupees 1,500 crore project, was now raising non-issues.
Achuthanandan, who last week said Smart City Dubai was ‘broke’, repeated his claim Wednesday, saying the company was facing ‘some problems’ as its major Arab financiers lost huge sums when the US banks collapsed last year.

‘They are upset and we know what their financial position is,’ said the chief minister.

By: Marie Joe

Marie Joe — Tue, 25 Aug 2009 06:10:23 +0000

Well that’s true Dubai Property and real estate portals and real estate properties market is hit by this financial crises the most and the property market is penitrating to histories peak level all the latest news about dubai Property and real estate can be viewed at Bayut Property and real estate property portals also you will find latest suggestions regarding investment in Dubai property etc.

By: Dubai Real Estate Near The Bottom? - Spanish Real Estate forum - Spanish property - Estate agents

Tue, 04 Aug 2009 12:20:32 +0000

[...] many of the more over-leveraged high end properties possibly crashing by as much as 75%. Source: Dubai hit hard by financial crisis | Global Crisis News __________________ Jobby.es – English speaking jobs in Spain 123BusinessesForSale.com – Businesses [...]