UAE - Market Situation

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UAE - Market Situation

tariqab
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02-23-2009, 07:54 PM

Dears

UAE economic scenario depicted by YouGov is quite right, because same condition is prevailing in Market as they described.
Current Economic meltdown affected UAE in three ways.
a) Crude oil price declining that decreased UAE exports.
b) Most of real estate investorsâ Target Market was USA & European Countries.
c) Those who have money, they are not ready to buy non-essential items because of uncertainty. The phenomenon of âmarket goes by the sentiments of peopleâ is working.

Last week I visited SONAPUR LABOUR CAMP (near Dubai), that is consider a biggest labour camp on globe, there are many big shopping malls in this area, I was surprised that there was no hustle and bustle as compare last year. Its mean so many workers have been retrenched during last three months, rest having no job security.

Regards
Tariq

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UAE - Market Situation - by kamranACA - 02-23-2009, 04:50 PM

[No subject] - by tariqab - 02-23-2009, 07:54 PM

[No subject] - by kamranACA - 02-23-2009, 09:16 PM

[No subject] - by tariqab - 02-23-2009, 09:57 PM

[No subject] - by SarfarazCA - 02-24-2009, 04:43 AM

[No subject] - by rabia-k - 02-24-2009, 03:33 PM

[No subject] - by kamranACA - 02-24-2009, 05:57 PM

[No subject] - by sumairalam - 02-26-2009, 12:00 AM

[No subject] - by kamranACA - 02-26-2009, 12:28 AM

[No subject] - by sumairalam - 03-03-2009, 08:36 PM

[No subject] - by rabia-k - 03-03-2009, 09:40 PM

[No subject] - by Toronto_Boy - 03-04-2009, 12:44 AM

[No subject] - by rabia-k - 03-04-2009, 02:44 AM

[No subject] - by sumairalam - 03-04-2009, 03:56 AM

[No subject] - by CFANerd - 03-07-2009, 05:06 PM

[No subject] - by kamranACA - 03-07-2009, 07:19 PM

[No subject] - by Goodman - 03-08-2009, 09:58 AM

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[No subject] - by Pracs - 03-08-2009, 11:19 PM

[No subject] - by kamranACA - 03-09-2009, 05:47 PM

[No subject] - by sumairalam - 03-10-2009, 01:14 AM

[No subject] - by kamranACA - 03-11-2009, 07:08 PM

[No subject] - by rabia-k - 03-11-2009, 07:28 PM

[No subject] - by Goodman - 03-11-2009, 11:57 PM

[No subject] - by Toronto_Boy - 03-12-2009, 01:54 AM

[No subject] - by sumairalam - 03-12-2009, 04:37 PM

[No subject] - by kamranACA - 03-12-2009, 04:51 PM

[No subject] - by kamranACA - 03-12-2009, 05:11 PM

[No subject] - by sumairalam - 03-13-2009, 06:41 AM

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[No subject] - by mroneflower - 03-31-2009, 08:55 AM

[No subject] - by mroneflower - 03-31-2009, 11:15 AM

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