And did you notice that the highest concentration of these new A/c bus stops is in fact in Jumeirah? But then you surely don't expect the residents of Jumeirah to roast in the sun? On the other hand, the crowds that cramp the bus stops in Karama don't deserve comfort anyway!! lol Makes an interestin...
It is unfair to sign the death of Dubai. The current crises has effected all countries. Given the over dependence on RE, the sentiment has taken a nose dive. But I guess t will scale greater heights in about 3 - 4 years
well the remaining question is, what will happen to the unfortunate ppl who left or will leave Dubai ? I think they will face a worse situation else where! If you guys are impressed by the layoffs of Dubai's then check out the other cities, it is scary . I don't thing anyone is impressed by the lay...
I guess taking a pay cut is a win win way out given the crisis. Except that a few companies are believed to be using this situation to exploit the people.
Hey any bankers around?? This may be a question that most people have in their minds. I heard that in the case of a job lost, the organization is obliged to inform the bank (where salary is credited) immd and that the bank will immd freeze your account. While this appears to be true, can someone thr...
I can only imagine that Dubai will one day be seen as a punctuation mark on the architectural follies of the past half century. This off-the-shelf city state has been built on laundering the profits of oil, drugs, arms and western aid. Mohammed Al-Maktoum's failing has been his belief that megaloma...
I know of a guy who got away last week. The cops caught up with him as he was going around looking for parking at Bur Dubai.... was past 3 in the morning. He was sloshed. They let him go after a dose of fatherly advice. Lucky bastard
There is so much supply coming into the market coupled with liquidity still being tight, I really wonder how the premium segment like the Palm will sustain in the near term. Don't forget that the sentiment is still very very negative. Somehow some of the statements coming out recently remind me of t...