Dubai Forums

Trillions or billions makes a difference of hundredthousands millions. Focus Sage, focus :lol: Sorry sir but a Trillion = one thousand Billion or 1000 x 1000 Million, that is hugely different to what you state. My point is that you said the UAE trade surplus is Trillions. But if you read the articl...

For those who like to bash Dubai at every given opportunity try this on for size: http://mwhodges.home.att.net/nat-debt/debt-nat-a.htm The total debt of the USA $ 57 Trillion - - and soaring or how about; £2trillion - the terrifying total of our national debt... that's £33,000 for every man, woman ...

That in truth is the whole point; And they don't even have anyone to bail them out. at leat Dubai is part and parcel of the UAE, the Leader just happens to be Prime Minister of the UAE. The UAE recorded a trade surplus of AED231 Trillion that is $62.69 Trillion. http://www.khaleejtimes.com/darticle...

Can any one throw light on the consequences and the effect on common man in case of Dubai default? is it unsafe to invest in here from now on? shall one pull out their cash from Dubai banks and shift it back home? :roll: Excellent question. Investments in Gulf States will probably go on a standstil...

I was raised by my Father who was totally against any form of debt, his principle was simple if you can't afford it then don't buy it. I have to admit that I have not always followed this advice, however over the past decade I certainly have . O really? :D You rebel 8) This is captalism, if you don...

I basically agree with MCL. Of course Dubai will find a better and sustainable route for prosperity. But the coming years are going to be hard. And all eyes are focussed on its leadership, Sheikh Mohammed, who has to come up with a plan to restructure Dubai and set out some basic guidelines for its ...

Your question about cash in the bank; This is a more serious one for the common man. If the UAE Central bank has issued deposit guarantees for every bank in the country, then you should try and figure out to what amount you are insured. In Europe its €100,000 and the USA is $250,000. :| I don't thi...

Wonderful. LMAO

Whats this Sage, more marketing propaganda? For heavens sake, I think most people on this forum need jobs or they will have to leave your posh place for home and reality. Which is working for direct family and paying bills. I think you lost it completely. You look like a salesman on Wallstreet who s...

Now AD says it won't fund all of Dubai's debt!! http://www.bloomberg.com/apps/news?pid=20601087&sid=akVgK67kb0OA&pos=3 Not good news for Dubai!! 8) 8) Abu Dhabi to ‘Pick and Choose’ Dubai Debt Support, Reuters Says By Ayesha Daya Nov. 28 (Bloomberg) -- Abu Dhabi, Dubai’s oil-rich neighbor, ...

I am absolutely in stitches at the reaction, it was just a joke for all you "Dubai Bashers" Your intentions are clear. The last piece of credibility you had with me, is gone now. Selling a fantasy only made Disneyland great. The real world is a bit harsher for the common man. No job, no f...

It is with great interest that I have been reading this amusing chapter in the recent history of Dubai. Who is Dubai World Holdings ? Is this related to Dubai World Investments Holdings Inc recently stated to be looking at buying into Liverpool FC ? Dubai World Group did not and does not own the Lo...

viking-warrior wrote:Correct I did not;

but

The core business of Dubai World is the borrowing of money ! Even the money that they put down on investments as "equity" was borrowed from either local banks or internal group entities.

Agreed

Lovely, the fight is on.

All residents of DF. THIS is the topic for this eve to watch



oopsss: Bora and Puppypoopz parted the fun in May 09. Xcuse me

I am absolutely in stitches at the reaction, it was just a joke for all you "Dubai Bashers" Your intentions are clear. The last piece of credibility you had with me, is gone now. Selling a fantasy only made Disneyland great. The real world is a bit harsher for the common man. No job, no f...

Its pretty simple really. The rich are not rich by being stupid. AD will let alot of companies collapse and then buy up what they want for pennies on the dollar. Its just a cycle that repeats itself over and over. The more things change the more they stay the same. Sure is. Hence the terms: Smart m...

Can any one throw light on the consequences and the effect on common man in case of Dubai default? is it unsafe to invest in here from now on? shall one pull out their cash from Dubai banks and shift it back home? :roll: A little update on the regional banks. Moody's investor service is in the proc...

sage & onion wrote:This a recent photo of the 818m tower, any thoughts?

Ain't it a beauty. Hope to visit it one day.

G to tha T wrote:looks like the citadel from Half Life 2

Now thats funny. Are that wiring cables or tower restraints (with a bit of slack though)...?

Unaffordable for me, will probably never be able to stay in it. I have been able to visit in from the inside by means of youtube video, internet reviews and visitor photo's, per my personal interest in it. So I have a good idea what it looks like from the inside. Posh posh pretty. Its a nice image. ...

Bora Bora wrote:Has lost all its appeal. They have really let it run down. Maybe because it can be called "The Best Little Whorehouse in Moscow, Dubai"

Oh my, how do you know all this BB?

A regular perhaps?

desertdudeshj wrote:First time I went there and gave the DD check, but checking the loo's in the lobby, and it failed miserably ! Have never liked it since then

I didn't know you were specialized in "loo's of the lobbies", DD
Didn't like the golden shitters?

I can show you some photo's from The Address. Very beautiful indeed and one of the best views I've seen on the internet in Dubai so far.

I will make a new topic for it to keep it structured per Sage's marketing attempt.

For one of the most contemporary hotels in Dubai (perhaps the world) please see these photosessions: http://www.ausfluege-dubai.de/galerien/galerien_the_address.html And for the views from Neo's Skylounge (inside The Address' upper floors) with view on the Burj Dubai and the fountain. http://www.you...

Ghalib wrote:Thank you sage & onion, xdude, RobbyG and all others for the insight.Really appreciate ur wisdom sharing

Glad to be of service. Hope you were able to make a wise decision regarding your bank balances.

Cheers.

Update: Dubai stock market 7% down in morning trading

Abu dhabi comment of 'picking and chosing' dubai projects If you consider that AD has about 900 billion dollars in their Sovereign Wealth Fund, it can easily buy out Dubai's debt AND own literally everything for lets say $150 maybe $200 billion... (just guessing Dubai's worth here) AD will probably...

I must be missing something. I would expect the ability for a country to pay off its debts has something to do with its GDP? The figures make interesting reading regardless of what you think: DUBAI GDP $174.6 billion Debt (estimated) $85 billion (48.7% of GDP) Debt per capita: $68,493 USA GDP $14.2...

Yeah I saw a slightly tweaked demo a few days ago.

Game details make it very interesting to play, but I couldn't be bothered about buying it unless its a unique type of Gameplay, which I doubt. Just another FPS I guess.

Call of Duty rocks my boat still.

Just look at this amazing vantagepoint. What a height.

http://www.youtube.com/watch?v=oWVLzVhnYE0

On top of the World, baby (...well, you get my euphoria...lol)

ps: Fountain show down below

Just about, still a billion times better than many other places. Just about?? Oh, OK, if you say so. :roll: LoL, he forgot to consider all the mafia henchmen, the exiled policiticians with blood on their hands and every other money laundering drug lord who wants to whitewash cash into real estate. ...