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Friday, 27 November 2009
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Dubai debts crisis: latest news

Dubai debts crisis: latest news

Politics & Economics
Dubai World intervention to ensure 'long term commercial success' - Sheikh Ahmed.

  1. Need to assess Dubai before reacting – India cenbank
  2. ADCB may be owed $1.9bn by Dubai World - report
  3. First Gulf Bank has at least $1.4bn Dubai exposure
  4. US crude falls below $74 on Dubai debt fears
  5. Nakheel bond prices tumble to record lows of 40
  6. Asian, European markets plunge on Dubai debt doubts
  7. Moody's cuts Dubai GRI ratings amid debt delay
  8. Cost of insuring Dubai's debt rises further
  9. Deal sought on Dubai World, Nakheel debts
  10. Business leaders sign up for UAE 'crash conference'
  11. Dubai’s debt move

MORE NEWS


IN VIDEO: Wrath of the rains in Jeddah
Culture & Society
Many of those who lost their lives in Saudi floods were in cars and buses caught up in the rising waters.

Qatar's first feature film to release in May 2010
Media & Marketing
The filming of Aqaribabzah to be finished in the second week of Dec.

Dubai eyes new law to protect property investors - paper
Real Estate
Dubai’s land dept & RERA also planning new guidelines to be forced next year.

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

Addressing fashion

The Address Dubai Mall is slated to be a shoppers' haven and a real draw for guests from the GCC, says general manager Olivier Heuchenne.

The art of investment

Art collector Yoyo Meaght reveals why the UAE capital could become one of the market’s largest players.


more »OTHER MIDDLE EAST BUSINESS NEWS STORIES

Banking & Finance

  1. First Gulf Bank has at least $1.4bn Dubai exposure

Construction & Industry

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

Culture & Society

  1. Random checks for bus travellers to Abu Dhabi

Education

  1. Mubadala completes $1bn financing for uni project

Energy

  1. Nuke power is good investment op for GCC - LSE

Healthcare

  1. Daman gets tough on healthcare fraudsters

Islamic Finance

  1. Islamic banks should target female market - report

Media & Marketing

  1. Qatar's first feature film to release in May 2010

Personal Finance

  1. Credit bureaus combine to form regional group

Politics & Economics

  1. Norway says Iran confiscated Ebadi's Nobel

Real Estate

  1. Dubai eyes new law to protect property investors - paper

Retail

  1. Jeweller closures ‘inevitable’ as gold demand slumps

Sport

  1. Alinghi again makes case for RAK as race venue

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. Managing The CAD Department
    2 November 2009 | Safat, Kuwait
  2. Boiler Technology, Processes & Management
    16 November 2009 | Dubai, United Arab Emirates
  3. Boiler Tube Failures & Maintenance
    16 November 2009 | Dubai, United Arab Emirates
See all events »

MORE TOP MIDDLE EAST BUSINESS STORIES

  1. Jeddah needs $800m for proper drainage - official
  2. Random checks for bus travellers to Abu Dhabi
  3. Norway says Iran confiscated Ebadi's Nobel
  4. Nuke power is good investment op for GCC - LSE
  5. Alinghi again makes case for RAK as race venue
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!
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READER COMMENTS

  1. Deal sought on Dubai World, Nakheel debts 10
    27 Nov ' 09 at 14:51
    Sultan,the news in the last couple of days has shocked the world all the more because we have just been hearing the "good news" for...   More  »
  2. Dubai debts crisis: latest news 07
    27 Nov ' 09 at 18:54
    We all have to praise the kind of growth we have seen last 6 to 7 years.When whole world is effected by bloody recession how do you...   More  »
  3. UAE real estate market has now hit bottom - analysts 05
    27 Nov ' 09 at 15:48
    Deloitte folks commenting on Dubai bottoming out and 2 days later all hell breaks loose. This is a competence of consulting houses! And...   More  »

Read all user comments >

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