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Dubai World loans sold, losses estimated at half of face value

Dubai World expected to avail itself of special law and tribunal to support restructuring.
2010-06-14 10:48:37

Summer vacations leave many heavily in debt

The lure of vacations abroad is leading many people into debt they can't repay.
2010-06-12 10:37:11

Media and Marketing

Parents should lead by example in money management

Most UAE teachers want financial literacy to be taught in schools. But given the Middle East’s looming debt crisis, money management will also have to figure on the curriculum at home.
2010-03-14 15:50:26
Parents should lead by example in money management - Most UAE teachers want financial literacy to be taught in schools. But given the Middle East’s looming debt crisis, money management will also have to figure on the curriculum at home.

Media and Marketing

Super-sized spending in Saudi

Most families in Saudi are spending much more than they earn, accumulating huge debts as a result.
2010-03-10 16:31:11
Super-sized spending in Saudi - Most families in Saudi are spending much more than they earn, accumulating huge debts as a result.

Government loaned $6.2 billion to Dubai World in the last year

Dubai World is currently looking to restructure $22 billion of debt.
2010-02-06 23:52:14
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Dubai World’s assets worth more than $120 billion

Dubai World is estimated to have debts of around $57 billion.
2010-01-24 16:22:43

Dubai World, not Dubai, may sell assets

Government-owned Dubai World may sell off some…
2009-12-07 16:23:23

Dubai government plans $6.5bn bond program

The Dubai government has set up…
2009-10-25 17:00:45

Dubai World may sell bonds to repay debt

Government-owned conglomerate Dubai World may...
2009-10-21 15:13:28

This is it

Michael Jackson’s memorial service at the Staples Center in Los Angeles is rumored to be the biggest and glitziest send of in history. It will be the King of Pop’s final curtain call.
2009-07-07 12:13:16
This is it - Michael Jackson’s memorial service at the Staples Center in Los Angeles is rumored to be the biggest and glitziest send of in history. It will be the King of Pop’s final curtain call.

Real estate

Nakheel back in the game

The Dubai-based developer has confirmed that it will be using some of the funds given by the government to repay its debtors.
2009-05-28 12:07:41
Nakheel back in the game - The Dubai-based developer has confirmed that it will be using some of the funds given by the government to repay its debtors.

Real estate

Is Nakheel not paying?

According to a media report, the property developer owes UK engineering firms more than $290 million. Nakheel has declined to comment.
2009-04-23 20:46:59
Is Nakheel not paying? - According to a media report, the property developer owes UK engineering firms more than $290 million. Nakheel has declined to comment.

Pay up your debts or stay

The Kuwaiti government may prohibit expatriates from leaving the country if they still have debts. Do you agree with the country’s stand?
2009-03-10 11:15:23
Pay up your debts or stay  - The Kuwaiti government may prohibit expatriates from leaving the country if they still have debts. Do you agree with the country’s stand?
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