Loading ...Further Dubai aid ‘won’t be necessary’
By Kipp • Mar 15th, 2010 • Category: Middle East Business NewsEmirate isn’t likely to need more central bank support, says Sultan bin Nasser al-Suwaidi.
Posts Tagged ‘Dubai debt’
Emirate isn’t likely to need more central bank support, says Sultan bin Nasser al-Suwaidi.
Dubai debt crisis ‘will be resolved soon’
By Ben Flanagan • Mar 9th, 2010 • Category: Middle East Business NewsAbu Dhabi is ready to provide further aid, says UAE finance minister.
Dubai debt could prompt further bank downgrades
By Kipp • Mar 8th, 2010 • Category: Middle East Business NewsDubai World restructuring plan could hit UAE banks’ ratings even harder, says S&P executive.
Neither a borrower nor a lender be
By Aarti Nagraj • Feb 24th, 2010 • Category: Cover Story, Finance, Nation, The WorkDespite a slight upturn in lending, some say UAE banks are still reluctant to grant personal loans. But others believe that consumers are the wary ones.
Top executive quits troubled Nakheel
By Kipp • Feb 23rd, 2010 • Category: Middle East Business NewsChief commercial officer Manal Shaheen leaves Dubai property developer; PR team reduced amid continuing layoffs.
Dubai debt: the pressure mounts
By Ben Flanagan • Feb 15th, 2010 • Category: Cover Story, NationWith the emirate’s total obligations now in excess of $100 billion, the UK’s Business Secretary Lord Mandelson says ‘time is running out’ for a restructuring plan.
Dubai debt insurance costs rise
By Kipp • Feb 13th, 2010 • Category: Middle East Business NewsEmirate now ranks as one of the riskiest markets in the world for sovereign debt.
Istithmar boss resigns amid debt woes
By Kipp • Jan 20th, 2010 • Category: Middle East Business NewsDavid Jackson resigns from investment unit of troubled Dubai World.
10 major global events in 2009
By Kipp • Jan 1st, 2010 • Category: Cover Story, SlideshowFrom the swearing-in of a new US President to the death of the king of pop, 2009 was an eventful year.
Talking money
By Aarti Nagraj • Dec 13th, 2009 • Category: Cover Story, Economy, Regional, The WorkThe agenda of the GCC summit, which begins on Monday, will revolve around the money matters in Dubai and the creation of a new currency.
Banks shouldn’t blame Dubai for their financial woes, says Alwaleed
By Kipp • Dec 9th, 2009 • Category: Middle East Business NewsPrince Alwaleed bin Talal said banks that loaned money to Dubai World can’t claim to be victims…
Are you okay?
By Kipp • Dec 8th, 2009 • Category: Kipp's BlogThe Dubai debt story has been portrayed in such a way by the international media, that people abroad actually call to ask if everything is fine.
Saudi stock market falls on Dubai debt crisis
By Kipp • Dec 5th, 2009 • Category: Middle East Business News, Saudi ArabiaThe Saudi stock market fell 2.3 percent...
Dubai’s debt debacle
By Aarti Nagraj • Nov 30th, 2009 • Category: Cover Story, Dubai, Finance, The WorkAuthorities in Dubai claim the media over-hyped the emirate’s announcement of a six-month debt standstill for two of its major companies. But international bodies are still monitoring the situation.
