Dubai :: United Arab Emirates
| updated Wed Dec 02 01:38:03 -0800 2009
| business-news
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...
Dubai :: United Arab Emirates
| updated Thu Dec 03 08:46:53 -0800 2009
| business-news
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...
Dubai :: United Arab Emirates
| updated Wed Dec 02 11:46:39 -0800 2009
| business-news
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...
Dubai :: United Arab Emirates
| updated Fri Dec 04 14:41:54 -0800 2009
| business-news
The Financial crisis in Dubai is growing and the ruler of Dubai needs the help to pay the debt of Dubai which is about eight hundred billion dollar. Abu Dhabi can help with Dubai's debt with conditions but Dubai refuses....
Dubai :: United Arab Emirates
| updated Thu Dec 03 04:18:33 -0800 2009
| business-news
The Global village is the region's most popular open air family,cultural entertainment and shopping venue.The craftsmen and traders from around the world come and sell their wares.The festivities this year will run for 98 days from Nov 22, 2009 to...
Abu Dhabi :: United Arab Emirates
| updated Sun Nov 29 07:25:30 -0800 2009
| business-news
But for all its faults it remains a rare oasis of Middle East moderation and progress Jack Hughes in Dubai Pakistani workers play cricket during a break on a Dubai building site. Photograph: Chris Jackson/Getty Images A yachtsman friend of...
Abu Dhabi :: United Arab Emirates
| updated Tue Dec 01 19:59:51 -0800 2009
| business-news
New York and the Standard & Poor’s 500 Index added 1.1 per cent. “The fallout from the Dubai situation and the overall contagion effect should be both short-lived and quite limited,” wrote Suki Mann, a credit strategist at Societe Generale...
Abu Dhabi :: United Arab Emirates
| updated Wed Dec 02 23:07:34 -0800 2009
| business-news
The name mentioned most by bankers and investors in the region is that of Dubai Holding , the personal investment vehicle of the ruler, Sheikh Mohammed bin Rashid al-Maktoum. “Dubai’s actions have introduced the risk that restructuring of other corporates...
Abu Dhabi :: United Arab Emirates
| updated Sun Nov 29 13:11:55 -0800 2009
| business-news
Lebanon will not be drastically affected by the looming financial crisis in Dubai but Beirut should derive news lessons from the experience of the once-thriving emirate, economists and bankers said on Sunday. There was also a consensus that one should wait...
Dubai :: United Arab Emirates
| updated Sat Nov 28 21:20:50 -0800 2009
| business-news
It is thought the organisation may be forced to sell assets to free up cash. Istithmar, Apollo and Merrill Lynch take a 45 per cent stake in O'Callaghan's firm. Istithmar to set up operations in the Middle East and Gulf...
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