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Gulf Notes


A weekly digest of news from the Gulf. Hand picked and edited by Al Manakh

GULF NOTES, the week ending 24 October 2009

October 29 2009
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bollywood-entertainment-city_adih_lo
Abu Dhabi investment house launched a $300 million Sharia-compliant hospitality development fund for MENA and Asia, following its launches of Shariah-compliant “entertainment cities” in Qatar and Mumbai….[read more]

photo credit: Fatima al Dhariri
photo: Bollywood entertainment city, Cityscape Abu Dhabi 2009

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GULF NOTES, the week ending 10 October 2009

October 15 2009
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img_7650_cityscape
Cityscape opened and closed with “spouting” of new buzzwords: completion, commitment, consolidation, delivery. … RAK developer Rakeen defied the mood of crisis at Cityscape: “We now have projects in Congo, Georgia, Iran, Kyrgyzstan, India and Lebanon.”

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GULF NOTES, the week ending 5 September 2009

September 8 2009
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desal-results-national-aug3109
Water resource experts predicted that the Gulf, as a result of the increasing number of desalination plants, could become too salty to sustain further desalination. … [read more]
photo source: The National

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GULF NOTES, the week ending 29 August 2009

September 5 2009
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9_web
The Financial Times introduced a new term, plough, to refer to the growing secondary market of investors in Nakheel developments “that are unlikely to see the light of day” selling their down payments at a discount to other Nakheel investors who then buy larger stakes with these full-value credits in more realistic developments. … [read more]
photo: Katrin Greiling

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GULF NOTES, the week ending 22 August 2009

August 25 2009
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tarin-hills-5-iraq
The Kurdistan regional government in Iraq said it was “facing some difficulties” in the $15 billion project by Dubai-based developer Damac, whose spokesperson conceded they were reviewing all projects in planning. …[read more]

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GULF NOTES, the week ending 15 August 2009

August 20 2009
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jabal_omar_arabiancirclecom
Meccah’s Jabal Omar Development Company stepped up its search for private investors in light of tepid interest from lenders to fund its $3.3 billion project just outside the Prophet’s Mosque. … [read more]
image source: arabiancircle.com

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Abu Dhabi tower, December, 2009. Photo: Sander van Horssen
Abu Dhabi tower, December, 2009. Photo: Sander van HorssenYas Island, Abu Dhabi, December, 2009. Photo: Sander van Horssen
Yas Island, Abu Dhabi, December, 2009. Photo: Sander van HorssenGas station, outside Jeddah, Saudia Arabia.  October, 2009
Gas station, outside Jeddah, Saudia Arabia. October, 2009Museum of Islamic Art, Doha, Qatar, October 2009.
Museum of Islamic Art, Doha, Qatar, October 2009.Museum of Islamic Art, Doha, Qatar, October 2009.
Museum of Islamic Art, Doha, Qatar, October 2009.IMG_Museum of Islamic Art, Doha, Qatar, October 2009.
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Museum of Islamic Art, Doha, Qatar, October 2009.Museum of Islamic Art, Doha, Qatar, October 2009.
Museum of Islamic Art, Doha, Qatar, October 2009.Demolition for Dohaland, Doha, October 2009.
Demolition for Dohaland, Doha, October 2009.Souq Waqif, Doha, October 2009.
Souq Waqif, Doha, October 2009.