In Pictures
Salaries, disposable income, luxuries, and savings; HSBC used these four factors to determine a league table of the best expat destinations from a financial point of view. Here’s the top ten.
Arabic News View
Kipp takes a look at some editorials from the Arabic press. This week: Iraq’s oil targets; US peace talks; Gaddafi and his girls; Jordan’s economy; Israel and Palestine prisoners.
Videos
Last Week's Winner
Alia Akkad
Alia Akkad
Loading ...
The great fares rip-off?
read more
Dubai Holding will hold onto Jumeirah Group
Government-owned Dubai Holding is not planning to sell its luxury hotel chain Jumeirah Group to pay up its debt maturing next year, Jumeirah Group’s chairman, Gerald Lawless, said in an interview with Forbes magazine. Dubai Holding has $1.9 billion of debt maturing in the first half of 2010.
“Dubai Holding will be fine,” Lawless told Forbes, adding that the current crisis in Dubai would soon bottom out. “Jumeirah and Dubai Holding are part of each other. Jumeirah is not going anywhere.”
Iraq raises crude prices for U.S. Europe, Asia-source
The October price for Basra light crude for Asian buyers was set at a discount of $1.35.
The October price for Basra light crude for Asian buyers was set at a discount of $1.35.
Tags: debt, Dubai, Dubai Holding, Jumeirah.
Twitter
Facebook
You can be the first one to leave a comment.