United Arab Emirates Views

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DAMAC Launches USD$500mn London IPO

On November 14 2013 Dubai-based developer DAMAC Real Estate launched the book-building process for its initial public offer of shares in London, the first IPO by a Dubai property firm since the...

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GCC PMI Readings Remain Positive

The headline PMI for the UAE came in at 56.3 for the month of October, down slightly from 56.6 in September. This remains at the upper range of the survey series, with a host of indicators supporting...

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Regional Equity Strategy

Equity markets in the GCC remain buoyant as we head into the final months of 2013, with the S&P GCC index recording gains of 17.1% since the start of the year. Our core view has long been that a...

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Dubai's Solar Plant To Set A Precedent

Following the successful commissioning of the 100MW Shams 1 concentrated solar plant (CSP), in March 2013 we were expecting to see a number of other solar power projects come online in the United...

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