While a cautious move is commendable, businessman Habtoor urges Abu Dhabi not to lose its economic momentum. Precious de Leon thinks maybe all the capital needs is a little push.
November 27, 2011 3:41
Dubai International Capital (DIC), a unit of Dubai Holding, the conglomerate owned by the ruler, has agreed the terms for a $2.4 billion debt restructuring with its creditors, two sources familiar with the situation said on Thursday.
November 24, 2011 3:10
A Dubai-based internet pirate, who also sells pirated Xbox 360 consoles, is appealing the three-month sentence, following recent arrest.
November 24, 2011 3:05
The UAE has the fundamentals in place to achieve an upgrade from index provider MSCI to emerging market status, the chief executive officer of Dubai International Financial Centre (DIFC) Authority said on Wednesday.
November 24, 2011 1:55