dirhams & dollars

Hurricane Irma: A $250 billion disaster?

Also this week: Apple’s new iPhone, Equifax fall out, and Cityscape Global

Staff Report
18:46 September 10, 2017
Copy of 867523-01-08

Dubai: With Hurricane Irma making landfall on Florida, mere weeks after Hurricane Harvey devastated Texas, we look at the economic impact of these natural disasters, and whether or not they will rattle the bulletproof stock markets.

JP Morgan predicts that the two hurricanes will cause nearly $250 billion worth of damage.

Also on today’s episode, the team looks at what to expect from the Apple launch on Tuesday, and what might be included in the company’s new iPhone.

Following the hack of Equifax over the weekend, millions have had their data stolen, so we look at the ramifications of this breach, and what companies can do to safeguard against such attacks.

Finally, we talk about Cityscape Global, the large local property event taking place in Dubai this week, and we preview what to expect from the exhibition.