riskandforecast

Construction

Qatar  04/06/12

Fire at Doha’s main mall kills 19 victims

A massive fire at Qatar’s leading shopping mall that led to the deaths of 19 people will likely lead to an adverse impact on the country’s construction industry and the Qatari economy....
Risk Watch  17/05/12

Dubai property prices rise

Data shows that the property prices in Dubai have risen for the first time since the credit crunch....
 
Risk Watch  16/02/11

Dubai’s property market still in decline as UP posts losses

Leading Dubai developer Union Properties posts massive losses in 2010, leading to a sharp decline of shares prices for other developers in the UAE as well. ...
Dubai  03/09/10

Dubai World announces plan to sell its “prized assets”

The announcement that Dubai World will be prepared to sell its “prized assets” to pay off its debt indicates the government-owned entity has been unable to secure support from Abu Dhabi....
 
Risk Watch  16/06/10

Blue City may be saved as Abu Dhabi steps in to help

The revival of the Omani flagship project, Blue City, is an indication that Oman’s economic diversification plans are back on track....
Risk Watch  18/03/10

Blue City close to liquidation

The eminent liquidation of the Blue City project represents the failure of the country’s flagship and first venture into master-plan developments....
 

UAE bans 800 large companies in breach of wage payment laws

The UAE ministry of labour has stopped 800 of the country’s large companies from hiring staff. This came as a result of the ministry’s efforts to address non-payment of wages to staff....
Political Forecast  09/03/10

Fight against organized crime boosts government's strength in Bulgaria

Public attention is focused on the special operations against organized crime. These operations will allow GERB to establish a normal chain of command in the security services....
 
Political Forecast  09/03/10

Struggle for power and influence within the Slovenian government

Despite the eternal bickering, the situation in the coalition and parliament is essentially stable. An imminent political crisis, government reshuffle or leadership change is not on the horizon....
Dubai  01/03/10

Nakheel may defer repayment of sukuks maturing in May

Nakheel has indicated that it may not pay back the Islamic bonds – sukuks, which mature in May 2010. A default by Nakheel could trigger an array of downgrades of Dubai government-related entities....
 
Dubai  01/03/10

Arabtec suspends Nakheel work

The stoppage of work by Arabtec on Nakheel projects indicate that the Dubai problems in general are far from over and that chances of a quick recovery are remote....
Czech Republic  19/02/10

Election Campaign Does Not Favour the Czech Economy

The Czech economy unexpectedly contracted 0.6% in the fourth quarter of 2009. This followed two quarterly increases that had pulled the country out of recession....
 
Poland  19/02/10

Polish Plan to Tackle Budget Deficit and State Debt Revealed

The government presented its plan to tackle the budget deficit and soaring government debt at the beginning of February....
Risk Watch  19/02/10

Light at the End of the Tunnel in Romania

Romania’s economy is on the path to recovery at long last, but the government still faces a rough road ahead....
 
Risk Warning  15/02/10

British Business Secretary Calls Dubai to Solve its Problems

The call by British Business Secretary Lord Mandelson calling on Dubai to resolve its debt problem puts further pressure on Dubai to put its act together....
Kuwait  15/02/10

Kuwait's Parliament Approves US $104bn Four-year Development Plan

Kuwait's parliament last week passed a $104bn four-year development plan, the first for decades, proposed by the government....
 
Political Forecast  28/01/10

US Trip of Montenegrin PM is Seen as a Success

While the decision to establish diplomatic relations with Kosovo has heightened tensions with Serbia in the short term, the move scored political points in both Washington and Brussels....
Political Forecast  22/01/10

The first international failure of the Bulgarian government

The government of GERB experienced its first international failure with the poor performance and the followed withdrawal of the initial Bulgarian EU Commissioner-Designate Rumiana Jeleva....
 
Risk Watch  20/01/10

Bulgarian Construction Slumps 22%

Construction output plunged 21.9% in November 2009 compared to the same month a year ago, according to preliminary data from the Bulgarian National Statistical Institute published on January 11....
Political Forecast  20/01/10

E.U. Beckons, Economy Bleakens in Montenegro

Montenegro in 2009 saw positive developments in its bid to EU-accession. However, the economic outlook hasn't improved for 2010, which forecasts numerous conflicts in the new year....
 
 

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