On the page below you will find a selection of articles from the GSN archive. Please note that while some of the content is free to access, all items preceded by a padlock symbol (
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2008-2010 UAE – Dubai archive
2006-2007 UAE – Dubai archive
2005 UAE – Dubai archive
2004 UAE – Dubai archive
2003 and earlier UAE – Dubai archive
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| 2005 Archive – UAE – Dubai |
Dubai prepares to road test audacious development model
Dubai is working to consolidate its business and employment base to ensure that long-term growth survives the near inevitable price correction coming to its booming property sector and stock market.
Issue 771, 9 December 2005. more
Governance wins as courts act against big wheels in Qatar and Dubai
Determined to shake off the Gulf’s image as a place where dodgy dealings are tolerated and standards of governance, disclosure and transparency don’t compare with leading world financial centres, the authorities in Dubai and Doha have started to take a firm line towards cases of share manipulation and insider trading.
Issue 767, 14 October 2005. more
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| 2004 Archive – UAE – Dubai |
DIFC turns to Dubai elite to build confidence ahead of opening
With the tax-free regional capital market project poised to open, there has been more change at the top of the Dubai International Financial Centre (DIFC), further stamping the seal of Dubai Crown Prince and UAE Defence Minister Sheikh Mohammed Bin Rashid Al-Maktoum on the project’s development following the controversial sacking of expatriate regulators last June (GSN 738/14, 736/16).
Issue 741, 17 September 2004. more
DIFC project goes on undaunted
The mid-June sacking of the Dubai International Financial Centre’s two top expatriate regulators raised questions abroad about the new offshore centre’s future and, more generally, about standards of corporate governance in Dubai (GSN 736/16). But the project is going ahead regardless, with high-profile announcements expected in coming weeks, after UAE President Sheikh Zayed Bin Sultan-Al Nahayan issued Federal Decree No. 35 of 2004 on 6 July, flying back from Geneva specially to do so.
Issue 738, 9 July 2004. more
Assurances are not enough: Dubai dismissals pose tough questions
Dubai’s ambitions to become a regional financial hub may have suffered a severe setback with the summary dismissal of two senior regulators tasked with overseeing the much-heralded Dubai International Financial Centre (DIFC) free zone. Typically for Dubai, a story about financial regulators is tied into reports of a controversial real estate play.
Issue 737, 25 June 2004. more
A dynastic marriage links Sheikh Mohammed to Jordan’s Hashemites
The 10 April wedding of UAE Defence Minister and Dubai Crown Prince Sheikh Mohammed Bin Rashid Al-Maktoum and Princess Haya Bint Al-Hussein, half sister of Jordan’s King Abdallah II, was announced with the greatest discretion, even though analysts suggest it dramatically reinforced the protocol clout of Dubai’s ruling family.
Issue 732, 16 April 2004. more
Sheikh Maktoum Hasher, DiamondWorks and the emergence of A1
Dubai’s A1 racing promoter Sheikh Maktoum Hasher Maktoum Al-Maktoum has lined up a powerful team to back his assault on Formula 1’s dominance. The car to be used in the A1 events was unveiled by a key sponsor, Dubai Civil Aviation president and Emirates Airlines chairman Sheikh Ahmed Bin Saeed Al-Maktoum – countering Gulf Air’s huge presence at the Bahrain F1 Grand Prix.
Issue 732, 16 April 2004. more
Dubai, Qatar confront the realities of life as a global hub
Recognising the challenges posed by Dubai’s role as an international hub and Qatar’s open-door policy, the US and European governments have stepped up their collaboration over security issues, not before time.
Issue 728, 20 February 2004. more
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| 2003 and Earlier Archives – UAE – Dubai |
Abu Dhabi and Dubai’s paths diverge over real estate development
Dubai’s real estate boom demands that property rights are enshrined in federal law, while in Abu Dhabi, Sheikh Zayed and others remain opposed to foreign ownership. These differences pose big questions for federal legislators – so big, the decision is likely to be stalled.
Issue 723, 28 November 2003. more
Dubai’s Sheikh Mohammed takes on tough government role
Often seen as an autocratic leader, Sheikh Mohammed occupies a complicated position in the UAE’s subtle power mix and may now be ready for political reform to promote Dubai’s global ambitions.
Issue 720, 17 October 2003. more
Also see, Issue 720: Al-Maktoums harmonise well in governing Dubai
Dubai bond issues release flood of financial data
In preparing the ground for a bond issue, Dubai has released an unprecedented volume of economic and financial data to potential subscribers.
Issue 720, 17 October 2003. more
Dubai democracy shock
Not content with pushing ahead with global-scale sports events to show it’s business as usual and taking a lead in events to raise funds for Iraq, Dubai’s driving force, Crown Prince Sheikh Mohammed Bin Rashid Al-Makhtoum, has ordered the establishment of democratically elected district councils within three months.
Issue 707, 4 April 2003. Download the PDF
Dubai muscles in on Bahrain’s patch
Manama’s business community might be too absorbed by Bahrain’s velvet political revolution to notice, but rival locations are challenging the island’s more famous reputation as the Gulf region’s financial centre.
Issue 689, 26 June 2002. more
Dubai hub with spokes that reach into the Islamist underworld
DUBAI/WASHINGTON—It is no surprise that Dubai is a focus for US investigators as Washington tries to establish links between Osama Bin Laden and his Al-Qaeda networks, and the 11 September attacks on New York and Washington. Dubai’s relaxed attitudes and cosmopolitan atmosphere have marked it out from other Gulf centres in the Emirate’s admirable drive to become a global commercial and leisure hub
Issue 671, 3 October 2001. more
Maktoums flushed with success, hungry for more
Boom or Bust? Dubai’s position as the Gulf’s glitzy, regional headquarters is being consolidated with frantic activity to create a city of the future, visible in every direction from new Creek-side developments to the flagship Bourj Al-Arab hotel complex and the Nadh Al-Sheba racetrack. The leadership’s decision to proceed with the Palm Island resort—two giant fake palm tree-shaped islands off the coast to house the swelling ranks of tourists—is the latest sign of the Al-Makhtoum family’s belief in Dubai’s future as a global hub, along the lines of Asian tiger Singapore.
Issue 661, 14 May 2001. more
