News Stories Related To: Is Dubai the next Casuality of the Global Economic Crisis?
By: arabwatch 
As US markets are crashing and burning (except for today) rumors are starting to circulate in the financial markets about another crash--Dubai. There has been a dramatic surge in...
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Reported by arabwatch
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- News Source: The Mercury News | about 1 year agoIt has no relation to Foundry Networks, a Santa Clara-based Ethernet networking equipment company. As part of the deal, the Abu-Dhabi investors will pump more than $1 billion directly into AMD and the Foundry Co. will assume about $1.2 billion in AMD...
- News Source: Gulfnews.com | about 1 year agoAt a press conference in Dubai yesterday, Lufthansa officials announced it will operate six non-stop flights a week between Abu Dhabi and Frankfurt, starting from October 26. The airline will also introduce a second daily flight between Dubai and...
- News Source: Gulfnews.com | about 1 year agoAccording to the Department of Health and Medical Services (dohms), 6,146 children were injured in accidents between 2001 to 2007 in the UAE. Abu Dhabi police found that the majority of child deaths and injuries were traffic-related, which they...
- News Source: Financial Times | about 1 year agoSaudi Arabia, the United Arab Emirates and Kuwait have all made available billions of dollars of extra liquidity to banks, and Qatar and Kuwait have reportedly intervened directly in the stock markets
- News Source: Gulfnews.com | about 1 year agoesigned as a one-stop shop for US businesses expanding to the UAE market, as well as a gateway to the US market for businesses operating within UAE, the New York Business Centre, which will boast fully functional, ready-to-use offices, and flexi-...
- News Source: Gulfnews.com | about 1 year agoDubai's main index leads losses, falling 6.47 per cent to 3,206 points led by Emaar Properties and Dubai Islamic Bank which fell fall 8.51 per cent and 9.14 per cent respectively. In Abu Dhabi, Sorouh Real Estate fell 9.23 per cent and Aldar...
- News Source: Gulfnews.com | about 1 year agoThe race, which takes place on November 15, will bring the curtain down on next year's Formula One season. Speaking on the sidelines of the first Speedcar Series test session ahead of the new season, ex-Formula One greats Herbert and Alesi said the...
- News Source: Gulfnews.com | about 1 year agoOctober 15, 2008, 23:32 Dubai: The International Cricket Council (ICC) on Wednesday assured that Dubai Sports City will host some of the top international tournaments soon. "A great deal of interest has been shown by the Dubai Sports City...
- News Source: Gulfnews.com | about 1 year agoPakistan's Ambassador-at-Large Javed Malek said the idea of the Pakistan Focus Group meeting is to further strengthen people to people contacts and to promote a positive image of Pakistan in the region. The Foreign Minister will also take part in the...
- News Source: Gulfnews.com | about 1 year agoHe said the oil and gas sector forms just three per cent of the emirate's economy, so Dubai relies on a range of revenue streams and these are growing. "Growth is expected to remain high and the capacity of state to generate revenues is growing with...
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