Clearly the UAE authorities were not prepared for such a fast pace of development. For a country that proudly claims to have US$500 billion worth of real estate projects under development, it is high time for the federal government to enact serious nationwide laws and regulations that will set this haphazard industry straight. Why UAE real estate is in real need of some sanity right now. Read more »
Archives for 2008
Lessons Are To Be Learnt
In the world of finance, the means is just as important as the ends, if not more so. DP World could have been more accommodating to regional investors; its shares allocation angered as many investors as it satisfied. In this article, Sultan Sooud Al Qassemi questions why the DP World IPO was managed the way it was. Read more »