Abu Dhabi :: United Arab Emirates
| updated Wed Dec 02 14:38:33 -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 Wed Dec 02 05:27:13 -0800 2009
| sports-news
Its a wonderful feeling to find out that UAE will be hosting 2009's World Club Cup. The United Arab Emirates will finally bring the long awaited event of this year. The World Club Cup, comprising of all the champions of...
Abu Dhabi :: United Arab Emirates
| updated Tue Dec 01 19:58:18 -0800 2009
| entertainment-news
Middle East.Together the two shows will offer a dedicated platform for the entire food industry, from food processing to finished products, bringing together professionals involved in buying and selling food products and services, and innovative, high–performance, food packaging equipment....
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 Mon Nov 30 22:54:19 -0800 2009
| business-news
Both indexes were down about 6% after recording big losses on Monday. Dubai World has unveiled plans to restructure $26bn (£15.8bn) in debt, its first comment since the crisis began last Wednesday. It a statement the firm said that it...
Abu Dhabi :: United Arab Emirates
| updated Sun Nov 29 15:27:36 -0800 2009
| business-news
The UAE central bank in the federal capital, Abu Dhabi, says it stands behind local and foreign banks and is making available a special liquidity facility. Stock markets around the world fell sharply last week when the company Dubai World...
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...
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 Sat Nov 28 08:55:52 -0800 2009
| business-news
As conglomerate Dubai World delays debt payments, most analysts look for Arab Monetary Fund to step in to avert a crisis in financial markets...How can Dubai, a tiny emirate on the Persian Gulf, shake financial markets from Shanghai to New...
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