Dubai Business News

As fears of a default from the crisis-hit Dubai economy subsided, attention switched to other countries that investors fear could be in danger of failing to repay debts. Greece 's budget deficit is expected to reach 12% of the country's...

Dubai, to Indians, has always been associated with the good things of life. Movie stars from Shahrukh Khan to Hrithik Roshan have invested in properties in Dubai and are now waiting for further developments. The annual Dubai festivals used to...

As we know that Dubai based investment company Dubai World has caused a sensation throughout the world,now it is becoming a laughing stock.It got the debt of 59 billion dollars. As per my knowledge, the world of Hollywood and Bollywood...

The Abu Dhabi stock market suffered its biggest one-day fall today as the Dubai debt crisis continued to haunt the world's financial markets. Investors across the United Arab Emirates rushed to sell shares as soon as trading began, taking their...

The move was immediately welcomed by Peter Sands, the chief executive of Standard Chartered, the British bank thought to have the biggest exposure to Dubai. "The UAE central bank has acted decisively and pragmatically in announcing new liquidity measures today,"...

This may help stem some of the slide on global stock markets due to nervousness about the status of debt in Dubai World that seems to be spread throughout the globe. Dubai World would be better named Fantasy World since...

The Canadian economy expanded 0.1 per cent in the third quarter, the first quarterly gain since the third quarter of 2008. Labour Minister Rona Ambrose is preparing legislation to order 1,700 locomotive engineers at Canada's biggest railway back to work....

Sydney Futures Exchange, the December share price index contract was 37 points higher at 4,633. In economic news on Monday, the Whitlam Institute holds a symposium on "Governing the Economy", featuring Treasury secretary Ken Henry and former Reserve Bank of...