Middle East Business News

I understand that the current financial crisis the world is faced with, was due to different factors and reasons, but most important was the real estate prices going up and dowsn, loans not being paid by debiters, to small banks,...

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....

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, 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 is famous for its huge and hugely expensive development projects but the financial crisis put a stop to most of them and now the huge debts amassed are causing the jitters among investors near and far. The jitters were...

Muslims (...or Islams? I never get it right, what am I a Rhodes scholar now?) probably don't have the Tower of Babel story in their Koran. Which means they have to learn that lesson the hard way. Don't play God....

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 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...