Author Archive

Paint a picture of UAE residents

By Dana El Baltaji • Jan 12th, 2010 • Category: Cover Story, Nation, trends

Are we over-spenders? Are we impulsive buyers? Or are we budget conscious consumers, wary of the still-raging financial crisis worldwide? You tell us.


Agility still in hot water

By Dana El Baltaji • Dec 29th, 2009 • Category: Cover Story, Finance, Regional, law

Agility’s high-profile tiff with the US government continues. The firm is currently in talks with the US government to settle the matter out of court.


Will Abu Dhabi always be ready to help Dubai financially?

By Dana El Baltaji • Dec 27th, 2009 • Category: Cover Story, Dubai, Nation, poll results

The results are in.


Feeding off each other

By Dana El Baltaji • Dec 22nd, 2009 • Category: Cover Story, Dubai, Economy, Finance

DIFC is the world’s 7th most competitive financial center, while Dubai is the 10th, according to a report by the DIFC and KPMG in the UAE. The authorities claim that DIFC’s success-story is boosting Dubai’s profile. How?


Iran demands $1 trillion in damages from Iraq

By Dana El Baltaji • Dec 20th, 2009 • Category: Cover Story, Regional, oil, politics

Iran’s takeover of a well in Fekka has instigated an onslaught of negative press, prompting the Iranian government to demand $1 trillion from the Iraq government for ‘compensation’.


Singapore

By Dana El Baltaji • Dec 14th, 2009 • Category: Cover Story, Travel

Sprawling shopping centers, a multi-ethnic population, and a whole island packed with tourist attractions…say hello to Singapore.


One debt down

By Dana El Baltaji • Dec 14th, 2009 • Category: Cover Story, Dubai, Finance, Nation

The Abu Dhabi government has given Dubai $10 billion to help pay off its debt, including Nakheel’s $3.52 billion Islamic bond that matures today.


Do you think Dubai’s debt crisis has been blown out of proportion by the world’s press?

By Dana El Baltaji • Dec 13th, 2009 • Category: Cover Story, Dubai, Opinion, poll results

The results are in.


Dubai’s property market eats dust, again

By Dana El Baltaji • Dec 10th, 2009 • Category: Cover Story, Dubai, International, Real estate

Property prices in the troubled emirate fell a staggering 47 percent from a year earlier, making it the world's worst performing market for the second quarter in a row, according to a study by Knight Frank.


Istithmar loses millions

By Dana El Baltaji • Dec 9th, 2009 • Category: Cover Story, Dubai, Finance, International

Istithmar World, part of Dubai World, lost rights to the W Union Square New York hotel in a foreclosure auction in the New York.


The job cuts were deep

By Dana El Baltaji • Dec 8th, 2009 • Category: Cover Story, Labor, Regional

10 percent of the GCC’s professional workforce was made redundant between August 2008 and August 2009. The percentage is higher in the UAE.


It’s crunch time

By Dana El Baltaji • Dec 7th, 2009 • Category: Cover Story, Dubai, Finance

The director general of Dubai’s department of finance has said Dubai World, not the government, may sell assets globally to help cope with its debts.


Rolling in it

By Dana El Baltaji • Dec 6th, 2009 • Category: Cover Story, Economy, Regional

Opec oil ministers are happy with oil prices around $75 a barrel. Of course they are.


It’s a family affair, for now

By Dana El Baltaji • Nov 22nd, 2009 • Category: Cover Story, Dubai, Economy

Sheikh Mohammed has reshuffled a number of high profile individuals, and replaced them with members of his family and his inner circle.


Exposed, and it hurts

By Dana El Baltaji • Nov 19th, 2009 • Category: Cover Story, Finance, Nation

Thirteen UAE banks, and seven foreign branches in the Emirates have a combined exposure of $2.9 billion to the Saad and Algosaibi groups, the Central Bank said on Wednesday. The bank insists everything is going to be ok. Is it?


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