Dubai :: United Arab Emirates
| updated Sun Nov 29 18:53:58 -0800 2009
| business-news
Australian stocks fell almost 3 per cent on Friday amid global concerns about the financial position of the Government-owned Dubai World investment company in the United Arab Emirates...Commsec market analyst, Juliette Saly says investor nerves have eased with news Dubai's...
Dubai :: United Arab Emirates
| updated Sun Nov 29 15:17:04 -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 Sun Nov 29 08:52:06 -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 Sun Nov 29 07:40:29 -0800 2009
| political-news
Even as on the eve of Eid Al Adha and National Day, The Dubai Government stunned the world with announcement of default in debt repayment, its blowing up thousands of dollars in expensive fireworks displays every evening for 4-5 days....
Dubai :: United Arab Emirates
| updated Sun Nov 29 19:21:14 -0800 2009
| business-news
Abu Dhabi is preparing a pick ’n’ mix bailout of Dubai. The richest of the United Arab Emirates seems set to support its struggling neighbor, which shocked markets worldwide last week by calling for a standstill on $59 billion of...
Dubai :: United Arab Emirates
| updated Sun Nov 29 19:17:48 -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 Sun Nov 29 13:11:46 -0800 2009
| business-news
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...
Dubai :: United Arab Emirates
| updated Sun Nov 29 18:24:42 -0800 2009
| business-news
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,"...
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...
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