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  • Iran trade ties not easily broken

    Iran trade ties not easily broken

    Dubai is Tehran’s largest non-oil trading partner, with trade between the two hitting $12 billion last year. But with tougher US sanctions on the cards, could Iran’s “back door to the West” be forced to curtail exports?

    February 21, 2010 11:13
  • The World developers ‘will profit’

    The World developers ‘will profit’

    Despite the crippling downturn and real estate slump, one property firm has seen a 50 percent increase in plot prices on Dubai’s man-made islets, and insists there is still money to be made.

    February 17, 2010 4:47
  • Islamic finance 2.0, regulation 1.0

    Islamic finance 2.0, regulation 1.0

    Trading in Shariah-compliant products is about to enter a new age. But as the controversy over the Nakheel sukuk illustrated, the industry is still mired by a lack of transparency.

    February 16, 2010 9:22
 
  • Dubai debt: the pressure mounts

    Dubai debt: the pressure mounts

    With the emirate’s total obligations now in excess of $100 billion, the UK’s Business Secretary Lord Mandelson says ‘time is running out’ for a restructuring plan.

    February 15, 2010 11:52
  • Dubai sells stake in Legoland owner

    Dubai sells stake in Legoland owner

    Dubai International Capital sells two-thirds of its stake in theme park operator Merlin Entertainments.

    February 15, 2010 9:16
  • Pan-Arab currency unlikely by ‘20

    Pan-Arab currency unlikely by ‘20

    Opinion: The Council of Arab Economic Unity says its 18 members will have a common currency within 10 years. Is that really feasible, given that even the smaller GCC monetary union is still up in the air?

    February 8, 2010 7:44
 
  • The futility of a Facebook fatwa

    The futility of a Facebook fatwa

    The Middle East is witnessing exponential growth in the use of social networking sites, despite the apparent social problems posed by the likes of Facebook.

    February 8, 2010 1:59
 
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