Articles in Featured
Fresh fears about Dubai’s ability to resolve its huge debt mountain returned to global stock markets today as shares across America, London and Europe tumbled.
In America, the leading Dow Jones industrial index, fell …
The Government of Dubai is capable of honouring and meeting its commitments internally and externally, a senior Dubai Government official affirmed yesterday.
Abdul Rahman Al Saleh, Director-General of Dubai Finance Department, termed the Dubai World restructuring …
Dubai World’s six biggest lending banks have begun talks with the ailing state-owned group before a crunch creditors’ meeting that is scheduled for December 21.
Four British-listed banks — HSBC, Royal Bank of Scotland, Lloyds Banking …
The United Arab Emirates’ central bank moved last night to calm world markets by offering to stand behind huge debts owed to foreign banks by Dubai World, the Dubai government’s stricken holding company.
The Abu Dhabi-based …
LONDON — The president of Emirates Airlines said the Dubai business community was “shocked” by the debt crisis which has struck the city state, according to a newspaper interview published here on Sunday.
“We are all …
No one could have missed the news surrounding Dubai over the last few days, I doubt anyone has ever asked for more time to pay a loan and had such attention put on him before. …
No injuries reported but investigation launched into collapse of six-storey commercial complex under construction
A building under construction in Dubai collapsed over the weekend. It is understood that no one was injured in the accident.
The contractor …
Two Dubai students have made their mark with their environmental posters at an international competition. The International Advertising Association-Dentsu Global Student Poster Competition brought together 145 students from 13 countries, in a bid to support …
One thing that is true about Dubai is that it has a hell of a lot cars, all you have to do is look outside your window on Shiekh Zayed Road (if you happen to …
“Done it been there got the T-shirt ” or something similar is a common phrase banded about to say , Yeah I have done something. Well for a couple of people in Dubai over the …
