Dubai is a city that thrives on the "new." It is a global capital of innovation, luxury, and visual spectacle. For business owners in the emirate, the pressure to keep up with this aesthetic pace is immense. Walk through the Dubai Design District (d3) or the Dubai International Financial Centre (DIFC), and you will see offices and restaurants that look like art installations. However, there is...

The financial graveyard of the construction industry is filled with projects that started with optimism and ended in litigation. The primary cause of death is rarely a catastrophic engineering failure or a natural disaster. It is almost always a failure of the budget. In the high-stakes world of development, a budget is not merely a spreadsheet or a regulatory requirement. It is the definitive...