It’s crunch time
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.
December 7, 2009 2:06Fitch places four Dubai banks’ ratings on ‘Watch Negative’
Fitch Ratings has placed the individual ratings of...
December 5, 2009 7:14IMF could reduce UAE growth forecast
The International Monetary Fund (IMF) could…
December 2, 2009 12:01Dubai World planning to meet creditors next week
Government-owned Dubai World is planning…
December 2, 2009 12:00
Clearing the web around Dubai
Affirming that the Dubai bubble has not burst, officials in the city accuse the media of wrongly equating Dubai World’s debts to the government.
December 1, 2009 2:36Regional businessmen rally behind Dubai Inc
A number of business heads insist that the emirate will manage its debt crisis efficiently...
November 30, 2009 11:30Mubadala gets $1 billion for Zayed University project
Abu Dhabi government-owned investment company Mubadala said…
November 25, 2009 3:38
Dubai’s debt
The Dubai government and its entities are facing debts of around $80 billion, and authorities have assured investors that the emirate will meet its financial obligations.
November 11, 2009 3:32Nakheel in talks with Dubai World about maturing debt
Dubai-based developer Nakheel has met with its parent company, Dubai World about a $3.52 billion Islamic bond...
November 11, 2009 1:57Dubai shares rise after Sheikh Mohammed assures investors
Shares on the Dubai Financial Market (DFM) climbed for a third day after Dubai's Ruler, Sheikh Mohammed bin Rashid al-Maktoum, assured investors...
November 10, 2009 2:36Dubai’s bond program plans to initially raise $1bn
The Dubai government’s conventional and Islamic…
October 27, 2009 10:19Nakheel pays off $1.2bn billion bank debt
Dubai government owned Nakheel Properties…
October 19, 2009 4:37Dubai World may offer equity stakes to creditors
Government-owned Dubai World is considering offer its creditors equity stakes in a bid to cope...
October 17, 2009 6:47
Do you believe the Dubai story?
The chairman of HSBC in the Middle East said Dubai’s multi-billion dollar debt is reasonable, and that “if you believe the Middle East story, you have to believe the Dubai story.” Kipp’s not sure what to believe.
October 8, 2009 4:18
Deep in debt
Istithmar World may have borrowed up to 90 percent of the money it used to buy stakes in companies worldwide.
September 14, 2009 10:21
Dusting off the Emirates ID card
The Emirates Identity Authority is 'keen' on making its ID cards more functional.
May 16, 2013 5:57
Turkish Airlines Can Ride Out Turbulence
The airline said there had been little impact on May 15 from a strike in protest over pay and previous sackings.
May 16, 2013 2:57
Air Berlin doesn't need Etihad's help
Last year, the German carrier posted its first annual profit since 2007.
May 16, 2013 10:54
Taking on Abercrombie & Fitch
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43
Fake pilot 'on the run'
Michael Fay forged papers and operated as a pilot for Afriqiyah Airways for eight months. . .
May 14, 2013 11:26