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DIC to delay bank repayment for 3 months

Dubai Holding's company reaches agreement with six banks to postpone repayment of more than $1 billion.

May 28, 2010 11:03

GCC single currency delayed

Original 2010 time line is now out of reach; analysts see 2015 as next earliest possibility.

May 26, 2010 9:58

Dubai World asks for debt standstill

The Dubai government announced that it is restructuring…

November 25, 2009 10:24

Emirates may buy more planes

Emirates airlines may buy more aircraft from Airbus and Boeing, and is likely to take over its...

November 11, 2009 3:40
The Dubai Metro has been experiencing operational problems since it launched on September 9. What do you think?
Dubai Metro hit with more delays

Dubai Metro hit with more delays

The Green Line, the metro’s Phase 2, will open at the end of 2010, and the Red Line is unlikely to be fully operational until mid-2010.

September 17, 2009 12:50
Kipp rides the Dubai Metro

Kipp rides the Dubai Metro

And we enjoyed it. The train is comfortable, it looks good, and despite operational problems, we reached our destination safely.

September 10, 2009 12:25

Kuwait: MPs urge government to delay first day of school

MPs stepped up pressure on the government yesterday to delay reopening schools or…

August 25, 2009 11:40

Passengers stranded due to Flydubai cancellation

Flydubai cancelled its 10.30am flight to Beirut on Saturday for "operational reasons," leaving passengers stranded...

July 19, 2009 2:57
Is Nakheel not paying?

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.

April 23, 2009 8:46