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Thursday, 26 November 2009
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Moody's cuts Dubai GRI ratings amid debt delay

Moody's cuts Dubai GRI ratings amid debt delay

Politics & Economics
UPDATE 1: Ratings agency acts after gov't announcement on Dubai World, Nakheel debts.

  1. Deal sought on Dubai World, Nakheel debts
  2. Cost of insuring Dubai's debt rises further

Job losses seen slowing in UAE - StanChart
Politics & Economics
Senior research exec says UAE has seen worst of impact of global crisis on jobs.

Saudi floods kill at least 48 on first day of hajj
Culture & Society
UPDATE 1: Another 900 rescued from rising waters caused by heaviest rain in years.

Etisalat set to launch Catch Up TV in Dec
Technology
e-Vision CEO says new service will initially cover five channels, to be extended to 50 in 2010.


more »MIDDLE EAST BUSINESS COMMENT

Off the peg
Prior to the Lehman collapse, everyone was talking about the dollar peg; now it's back in fashion, says Damian Reilly.

Damian Reilly  

Why I h8 junk txts
Joanne Bladd explains why she's taking a stand against telco companies.

Joanne Bladd


more » BUSINESS INTERVIEWS

Power play

Nicholas Carter, head of Abu Dhabi‘s Regulation & Supervision Bureau, talks costs, competition and climate change.

Battered, but still fabulous

Harvey Nichols CEO Joseph Wan explains to Arabian Business how an economic "earthquake" forever changed the retail game.


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more » BUSINESS FEATURES

Morocco's red tape turns Gulf investors away

Morocco still remains a marginal market for investors due to poor infrastructure, poor legal framework & excessive red tape.

Switching it up

Saudi is almost certain to adopt the DME's Oman Crude Oil Futures Contract as its benchmark. The main question is when, not if.


more »MIDDLE EAST BUSINESS EVENTS

UPCOMING EVENTS

  1. Advanced Operational Auditing & Management Effectiveness Analysis
    1 November 2009 | Dubai, United Arab Emirates
  2. Higher Corporate Contract & Project Legal Management Skills
    1 November 2009 | Dubai, United Arab Emirates
  3. Managing The CAD Department
    1 November 2009 | Dubai, United Arab Emirates
See all events »

SPOT POLL

Have you cut back your spending on groceries amid the downturn?

Actually, I’ve reduced my spending on everything… food, clothes, going out – the lot.
I’ve swapped to non-brand food items, and always look for special offers, but that’s it.
No, I’m spending the same.
No way, it's champers and caviar for dinner every night!
ArabianBusiness.com/Jobs - Middle East Jobs Search
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    Industry: Oil & Gas
    Location: Kuwait, Kuwait
  2. Senior Construction Engineer (Electrical) OandG
    Industry: Oil & Gas
    Location: Abu Dhabi, UAE
  3. Sr. Design Draftsman ( Instrumentation)
    Industry: Oil & Gas
    Location: Kuwait, Kuwait
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    Industry: Oil & Gas
    Location: Muscat, Oman
  5. Cost / Estimation Engineer - Oil and Gas
    Industry: Oil & Gas
    Location: Kuwait, Kuwait
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READER COMMENTS

  1. Deal sought on Dubai World, Nakheel debts 21
    26 Nov ' 09 at 20:13
    Red Devil/Sandjocky, I have also had several posts blocked over the past couple of days, posts that speak of the facts only as they...   More  »
  2. UAE real estate market has now hit bottom - analysts 04
    26 Nov ' 09 at 13:07
    Sadly, more wild statements from so called "experts" and "analysts" in the hope that their so called titles will hype the market and...   More  »
  3. Moody's cuts Dubai GRI ratings amid debt delay 02
    26 Nov ' 09 at 19:51
    Dubai World better change its slogan & reposition itself - Dubai LTD.   More  »

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Gitex 2009

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