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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.


more »OTHER MIDDLE EAST BUSINESS NEWS STORIES

Banking & Finance

  1. Deal sought on Dubai World, Nakheel debts

Construction & Industry

  1. Dubai firm allays fears over future of $316m Indian IT city

Culture & Society

  1. Saudi floods kill at least 48 on first day of hajj

Education

  1. Mubadala completes $1bn financing for uni project

Energy

  1. Ducab starts work on new $136m factory

Healthcare

  1. Daman gets tough on healthcare fraudsters

Islamic Finance

  1. Islamic banks should target female market - report

Media & Marketing

  1. Etisalat set to launch Catch Up TV in Dec

Personal Finance

  1. Credit bureaus combine to form regional group

Politics & Economics

  1. Moody's cuts Dubai GRI ratings amid debt delay

Real Estate

  1. UAE real estate market has now hit bottom - analysts

Retail

  1. Jeweller closures ‘inevitable’ as gold demand slumps

Sport

  1. Big names prompt ticket rush for Abu Dhabi event

Technology

  1. Etisalat set to launch Catch Up TV in Dec

Transportation

  1. Abu Dhabi transport chiefs give Eid gift to motorists

Travel & Hospitality

  1. Emirates 'forced' to raise fares on some German routes

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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 »

MORE TOP MIDDLE EAST BUSINESS STORIES

  1. Abu Dhabi transport chiefs give Eid gift to motorists
  2. Emirates 'forced' to raise fares on some German routes
  3. Daman gets tough on healthcare fraudsters
  4. NASDAQ Dubai chairman resigns
  5. Kuwait firms coping amid global crisis - Ernst & Young
All Middle East business news stories »

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
  1. Procurement Inspector ExpeditorOil / Gas
    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
  4. Senior QC WeldingInspector
    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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