News Source: Sydney Morning Herald
| 2 days ago
It was supposed to be the ultimate Christmas present for the man who has everything. The biggest and most luxurious private yacht ever built, the Eclipse was due to be delivered to its owner, Roman Abramovich, on December 22.
News Source: Times Online
| 13 days ago
Nakheel, Dubai’s leading property company and owner of the Palm development, offshore of the Gulf city, is in talks with Dubai World, its heavily indebted parent, over the repayment of a $3.5 billion (£2.1 billion) Islamic bond.
News Source: Zawya Regional
| 16 days ago
Dubai will pay its massive debts and will go ahead with its ambitious development projects, the emirate's ruler Sheikh Mohammed bin Rashid al-Maktoum told an economic conference on Monday. The economic crisis "will not deter Dubai's ambitions of