Dubai Business | Kippreport

Young and in debt

By Aarti Nagraj • Mar 7th, 2010 • Category: Cover Story, Finance, Regional, The Life

More than a quarter of Arab youths owe money, mostly in the form of credit cards and personal loans. But how did they borrow so easily?

Dubai’s debt restructuring may curb GCC growth

By Kipp • Feb 10th, 2010 • Category: Middle East Business News

Markets are keenly following the emirate’s debt situation, according to Henry Azzam, CEO of Deutsche Bank's MENA division.

Union Properties reschedules $1.5 billion debt

By Kipp • Jan 31st, 2010 • Category: Middle East Business News

The company’s chairman also told Al Ittihad that it has not cancelled any of its projects.

Dubai’s debt saga

By Aarti Nagraj • Jan 20th, 2010 • Category: Cover Story, Dubai, Economy, The Work

With the emirate’s total obligations now estimated at $170 billion, analysts say the government may no longer come to the rescue of its related entities.

Nakheel pays interest on $750 million bond

By Kipp • Jan 19th, 2010 • Category: Middle East Business News

Property developer Nakheel has made a $10.3 million coupon payment on a bond maturing in 2011.

10 catchiest Dubai headlines in 2009

By Aarti Nagraj • Dec 30th, 2009 • Category: Cover Story, Dubai, Media, The Work

The financial crisis, the ever-existing labor problems, and the recent debt debacle….Dubai and its blunders became juicy fodder for the international press during 2009.

Fingers crossed

By Aarti Nagraj • Dec 29th, 2009 • Category: Cover Story, Economy, Nation, The Work

Indicators seem to suggest that the UAE will be having a happy new year in 2010 after bidding goodbye to an economically rough 2009.

Investor confidence falls sharply after Dubai debt debacle

By Kipp • Dec 28th, 2009 • Category: Middle East Business News

Investor confidence in the Gulf fell…

7 big regional financial events in 2009

By Kipp • Dec 27th, 2009 • Category: Cover Story, Slideshow

From Dubai’s debt debacle to Saudi’s Saad and Algosaibi case, the Gulf States saw many major economic happenings that shook the world.

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.

DFM Index records biggest drop in global markets

By Kipp • Dec 23rd, 2009 • Category: Middle East Business News

The Dubai Financial Market General Index fell 3.8 percent to 1,735.7, the biggest drop seen in global…

Dubai World to present standstill offer in January

By Kipp • Dec 22nd, 2009 • Category: Middle East Business News

State-owned conglomerate Dubai World will put forth a standstill proposal to creditors in early January…

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?