Emirates Buenos Aires

You can't spell "Dubai" without "BA." Emirates bridges the Middle East gap with daily service.

The strengthening ties between Argentina and the Middle East just got a little stronger this week, thanks to new daily service between Dubai and Buenos Aires aboard Emirates, the flagship carrier of Dubai in the UAE.

The first Emirates flight to Argentina landed Tuesday night in Buenos Aires, and an Argentine pilot was at the controls of the ultra-modern Boeing 777. Daily service between Dubai and Buenos Aires opens a critical bridge for passengers from the Middle East and Asia who can now fly to BA more directly via Dubai instead of routing through the EU. Emirates flights from Dubai to BA will land daily at 19:30 and depart from Ezeiza to Dubai at 21:30. Both flights will make one Brazilian stop in Rio de Janeiro.

The Argentina:UAE connection is an ideal union between two countries that are bucking the global malaise and charging full speed ahead into 2012: Argentina as a global magnet for trade and tourism and the UAE as the trend-bucking transportation hub of the Middle East. As the international gateway to Argentina, Buenos Aires is forecasting another record year of international tourist arrivals while Dubai International, which welcomed 50 million passengers in 2011, has reinforced its position as the world’s fifth largest airport,” according to today’s Khaleej Times.

By making travel to Buenos Aires more accessible and affordable, the new Emirates connection will go a long way toward deepening Argentina’s ongoing cultural seduction of the Middle East. (Full Story in Spanish)

For more information about Buenos Aires travel and Argentina destinations, download the new issue of InvestBA Privada.

Aerial view of debt-laden Dubai stands in stark contrast to the natural beauty of developments like this one in Carilo, Argentina

Aerial view of Dubai in stark contrast to the natural beauty of developments like this one in coastal BA.

World financial markets were rocked yesterday when news surfaced that Dubai World, the Dubai corporation responsible for some of the UAE’s most lavish developments, was unable to meet interest payments on the over $80 billion in debt it holds.

According to The Times, “Dubai World began the panic on Wednesday by demanding a standstill on its interest payments (and) worsened the mood when it postponed a teleconference for its bond holders, saying the phone lines were overwhelmed.”

So what would you expect to find today on the front page of the UAE’s leading English-language newspaper? A probing analysis of Dubai World’s leverage? A soul-searching essay questioning why anyone would want to live in overpriced, garish desert casino castles like this? No on both. How about a glowing review of Buenos Aires?

“With its beautiful buildings, lively social life and colourful history, it is no wonder that Buenos Aires is fast becoming South America’s favourite capital,” writes Julianna Barnaby in today’s Khaleej Times and, she concludes,one visit to Buenos Aires is definitely not enough.”

Of course Dubai will be fine, because Abu Dhabi won’t allow it to fail, but the case for investing in waterfront real estate is much more compelling in Argentina than Dubai in terms of pricing, natural surroundings, building design and cultural similarities.

For more information on coastal opportunities in Argentina and Uruguay, download the new issue of InvestBA Privada.

 

Bariloche

Mendoza

Uruguay

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