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Tom Arnold

Journalist

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Latest Articles

IMF official urges caution amid resurgence in Dubai property

May 21, 2013

Controls are required to help guard against the risk of a repeat of the boom and bust cycle in the Dubai property market, Masood Ahmed, the director of the IMF’s Middle East and Central Asia Department, said yesterday.Read article "IMF official urges caution amid resurgence in Dubai property"

Year of Emiratisation: Low private sector pay and long hours remain obstacle

May 20, 2013

Barriers are still holding back Emiratis from joining the private sector despite 2013 being designated the year of emiratisation.Read article "Year of Emiratisation: Low private sector pay and long hours remain obstacle"

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Dubai

Early lift-off for Dubai Airshow site

May 22, 2013

The new venue for the Dubai Airshow will be handed over to the show's organisers within the next three months.Read article

Dubai Appreciation Award to honour unheralded heroes

May 22, 2013

Sheikh Mohammed had issued the decree in 2011 with the aim of honouring individuals, private companies or institutions that demonstrate commitment to social responsibility. Read article

Latest Comments

Price war engulfs insurers in the GCC

Apr 29 , 2013 | 12:40AM GST

Simply Prof

Come on now. Price wars in car insurance? Thats a first. It costs about 2500Dirhams to insure a 3.5litre SUV for a driver with a UAE licence of over 5 years and no-claims discount of about the same number of years. This is equivalent to about £400-£450 in the UK. How can you call this Cheap? On the health insurance alleged price wars, does it cover maternal care? Most insurers don't, from my experience. What part of the country are these wars raging?

UAE back with old mortgage limits as Central Bank now 'seeks opinion'

Jan 23 , 2013 | 02:56PM GST

twistedtory

I agree that the UAE government is responsible, whether through the Central Bank or other authority, for the policies and parameters to guide the mortgage and real estate markets. I would, however, strongly encourage the Central Bank to also confer with consumers' representatives, as banks are only going to see and, therefore, recommend policies and parameters in their own best interests, which may not be in the best interests of consumers. It is impossible to make everyone happy, but at least a broad consultation and consideration can result in compromise positions that reasonable people can agree to.

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