Dubai stocks fall for sixth consecutive day
Shares tumble due to fears over Dubai World debt restructuring
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Shares tumble due to fears over Dubai World debt restructuring
January 17, 2010 2:51The 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.
December 30, 2009 2:00Indicators seem to suggest that the UAE will be having a happy new year in 2010 after bidding goodbye to an economically rough 2009.
December 29, 2009 3:22From Dubai’s debt debacle to Saudi’s Saad and Algosaibi case, the Gulf States saw many major economic happenings that shook the world.
December 27, 2009 7:10The results are in.
December 27, 2009 11:24The Dubai Financial Market General Index fell 3.8 percent to 1,735.7, the biggest drop seen in global…
December 23, 2009 4:09State-owned conglomerate Dubai World will put forth a standstill proposal to creditors in early January…
December 22, 2009 2:39State-owned Dubai World did not ask its creditors …
December 21, 2009 5:57Dubai might opt to fully repay all of the bank debt…
December 20, 2009 5:13The results are in.
December 20, 2009 1:00Dubai World, a government-owned conglomerate, is expected to make a formal request for a debt standstill…
December 19, 2009 10:35Shares on the Dubai Financial Market (DFM) fell on Tuesday following a four day gain of 20 percent…
December 15, 2009 8:50Stocks in Europe and Asia rose on Monday…
December 14, 2009 4:23The Dubai government announced that it has set up a special tribunal to…
December 14, 2009 4:21The results are in.
December 13, 2009 1:44