DAMAC Properties Dubai today announced its final financial results for the year ended 31st December, 2018. The company reported total revenue of AED6.1 billion, while net profit stood at AED1.15 billion. [Wired by: DubaiCityGuide.com - A Cyber Gear Company]
Best known for its incredible ice-cream, London Dairy has expanded its menu to offer so much more than the dessert it’s famous for. With cafes at La Mer North, Springs Souk, Mira Community and London Dairy Bistro on Sheikh Zayed Road, London Dairy offers a premium food and drink selection including specialty coffee, artisanal chocolate, gourmet food and top quality desserts.
Their latest concept, London Dairy Bistro, is the ultimate foodie destination. With comfortable seating and contemporary design, you can bring a laptop to work or sit and relax for as long as you like – it’s open 24 hours a day, 7 days a week!
Treat yourself to a value afternoon high tea of pastries, scones and sandwiches. Ideal for an afternoon out or catch up with friends, it’s priced at a value Dhs55 for one, or Dhs100 for two. If you’re searching for the perfect place to host a special occasion, look no further. Host your baby shower at London Dairy and they will even offer a complimentary cake to celebrate.
Whether for a business breakfast in the week, or lazy weekend feast, London Dairy’s breakfast menu is worth waking up early for. But if you’re in need of a lie-in, the La Mer and Springs cafés serve breakfast all day. Avocado toast, eggs benedict and açai bowls are all on offer, or enjoy a cheat day and order the fluffy French toast.
If you’re passionate about coffee, you’ll already know that London Dairy has a passion for creating the freshest, most ethically-sourced cup of joe. Each friendly barista is brimming with knowledge about the beans, which are hand-picked from countries like Indonesia and Ethiopa at their ripest point to ensure the maximum concentration of flavour.
Ask them for the story of Crop-to-Cup and they’ll be able to divulge details on the farmers, how the beans are processed, the altitude of growth and how the coffee is roasted here in Dubai and brewed fresh for you.
To accompany your speciality coffee is a vast selection of premium sweet treats and desserts. Not only can you enjoy an array of their famous ice-creams, but also hand-made bakery items including milk cake, french pastries and chocolates infused with ingredients from around the world.
London Dairy, La Mer, 9am to 1am daily, the Springs Souk, 7am to midnight daily, Mira Town Centre, 7am to midnight daily, London Dairy Bistro, open 24/7 daily. @londondairycafe, facebook.com/ldccafe, facebook.com/londondairybistro
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The post Here’s why you need to check out this gorgeous Dubai cafe appeared first on What's On Dubai.
"You don't have to be Einstein to work out that things are slowing down."
Not the words of an Embittered Expat™ retrenched from his tax-free job in one of Dubai's endless "Cities", nor a disgruntled journalist having a whinge over an overpriced pint of frothy haram-juice in the Radisson's Media Bar, but a quote from the CEO of one of the world's biggest construction companies operating in Dubai:
"There are undoubtedly issues in Dubai."
The latest word has it that Abu Dhabi has already bailed Dubai out. Dubai allegedly made the desperate (or cunning?) move of courting Saudi and Iranian funds, and fearing increased Iranian influence, Big Dhabi stepped in.
Despite that, the official line is that Dubai still has US$80 billion worth of debt, and no one knows exactly what needs refinancing when:
"The Dubai government has announced it has debts totalling $80bn, but has yet to release a detailed outline of its servicing requirements or the ability of its assets to generate cash flow.
"Borse Dubai is seeking to refinance a $3.8bn loan which matures this week, but officials say the government-owned group is finding it hard to secure the financing it needs from foreign banks, in spite of strong initial interest."
Meanwhile Dubai Holdings is restructuring and consolidating to cut costs, while local newspapers blame the international economy rather than any wobble in the sheikhly Vision™ :
“Dubai will be the fastest city to recover from the impact of the ongoing credit crunch, and the emirate’s real estate sector will once again witness a period of long term boom."
But when international newspapers are printing "lurid rumours" that the Palm Jumeira is sinking and only cockroaches come of out of the hotel taps, the confidence needed to restore Dubai's boom times may be a very long way away.
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