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Breaking News: Dubai recovery hopes hit by debt 'standstill' call
Posted by: intellectual

Dubai :: United Arab Emirates | updated Thu Nov 26 04:03:50 -0800 2009 | entertainment-news

Dubai, the credit-crunched Gulf playground, has shattered hopes of imminent financial recovery by asking for a six-month "standstill" on major parts of its debt Dubai World, one of the emirate's main state holding companies, said it was asking for a...
Credibility Views: 3 | News Stories: 21 | Blog Posts: 0 | 20 | 12 | 0
 
Latest Breaking News: Europe Stocks Slide as Dubai Worry Hits Banks
Source: International Herald Tribune

Dubai :: United Arab Emirates | updated Thu Nov 26 03:50:55 -0800 2009 | business-news

Debt problems in Dubai sent banks and auto stocks sliding, contributing to a 2.1 percent fall in European shares on Thursday, with energy and mining stocks hurt by lower commodity prices...London Stock Exchange fell 4 percent as traders cited concern...
Credibility Views: 0 | News Stories: 4 | Blog Posts: 3 | 15 | 1 | 0
 
Current News: Banking shares slump on Dubai worries
Source: Guardian Unlimited

Abu Dhabi :: United Arab Emirates | updated Thu Nov 26 02:58:45 -0800 2009 | business-news

The leading UK index is down 98.12 at 5266.69, while Germany's DAX is off nearly 2% at 5689.51 and France's CAC has fallen 1.95% to 3728.35. There will be no guidance from Wall Street, since the US market is closed...
Credibility Views: 2 | News Stories: 27 | Blog Posts: 14 | 23 | 13 | 0
 
Current World News: Rihanna: “Barf” is a compliment, it’s “10 out of 10″
Source: Cele|bitchy

Abu Dhabi :: United Arab Emirates | updated Wed Nov 25 23:36:02 -0800 2009 | entertainment-news

These are photos from Rihanna’s performance on Good Morning America yesterday morning...In half of the pictures from her performance, she’s making a silly, funny face...I don’t think it’s even an act anymore, like it’s a trying-too-hard subversive fashion sense.
Credibility Views: 5 | News Stories: 4 | Blog Posts: 4 | 2 | 4 | 1
 
Source: Financial Times

Abu Dhabi :: United Arab Emirates | updated Thu Nov 26 04:03:50 -0800 2009 | business-news

But the decision to ask bondholders of the company and its most troubled subsidiary, Nakheel, to extend maturities from December to May 2010 was a bombshell. And the Middle East’s most glamourous and most creative emirate will pay the price...
Credibility Views: 2 | News Stories: 3 | Blog Posts: 4 | 7 | 0 | 0
 
Current Event: Revenues and daily rates fall
Source: 7days

Dubai :: United Arab Emirates | updated Wed Nov 25 17:34:38 -0800 2009 | business-news

Daily rates and overall revenues in Dubai hotels fell furthest in the Middle East and Africa in October, according to STR Global. The hotel research firm said the average daily rate (ADR) in Dubai dropped by 29.3 per cent in...
Credibility Views: 0 | News Stories: 2 | Blog Posts: 0 | 0 | 2 | 0
 
Latest World Event: Dubai's economy: no oasis
Source: Sydney Morning Herald

Abu Dhabi :: United Arab Emirates | updated Wed Nov 25 06:59:34 -0800 2009 | business-news

The new billboard says ``Long live our Emirates union'' and also shows United Arab Emirates President Sheikh Khalifa Bin Zayed Al Nahyan. Dubai's financial woes have tamed the once-independent emirate and forced it closer to Abu Dhabi, which holds 90...
Credibility Views: 4 | News Stories: 2 | Blog Posts: 0 | 13 | 8 | 0
 
Source: Khaleej Times

Dubai :: United Arab Emirates | updated Wed Nov 25 20:15:03 -0800 2009 | entertainment-news

With a line-up of the most famous brands scheduled to unveil their latest models, the scale of the 10th anniversary Dubai International Motor Show is exceeding all expectations. Running from December 16 – 20, 2009, at the Dubai International Convention...
Credibility Views: 1 | News Stories: 2 | Blog Posts: 0 | 2 | 0 | 0
 
Latest News Event: Fiji rugby players ordered to do 'haka'
Source: New Zealand Infotech Weekly

Dubai :: United Arab Emirates | updated Wed Nov 25 13:12:46 -0800 2009 | sports-news

Fiji's military regime has ordered its national rugby side to start performing again the equivalent of the All Black haka. The side dropped the cibi or haka on its latest tour because its coach, Sam Domoni, belongs to a fundamentalist...
Credibility Views: 0 | News Stories: 2 | Blog Posts: 2 | 9 | 12 | 0
 
Breaking World News: Masdar City Begins Exporting Clean Energy Technology
Source: Khaleej Times

Abu Dhabi :: United Arab Emirates | updated Tue Nov 24 21:54:43 -0800 2009 | business-news

Masdar City, a free zone in Abu Dhabi established recently for the research and development of renewable energy, has started patenting and exporting technologies, a top official said. Dr. Sultan Ahmed Al Jaber, Chief Executive Officer, Abu Dhabi Future Energy...
Credibility Views: 0 | News Stories: 3 | Blog Posts: 0 | 0 | 5 | 0

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