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Ex-head of Dubai Properties freed after $35 million repaid

Former chairman released; investigation for alleged financial irregularities continues.

June 15, 2010 3:50

Nakheel unlikely to repay $980 million sukuk

It is “incredibly unlikely” that Nakheel will pay off its Islamic bond maturing in May, reports Reuters.

February 22, 2010 4:38
Dubai’s debt

Dubai’s debt

The Dubai government and its entities are facing debts of around $80 billion, and authorities have assured investors that the emirate will meet its financial obligations.

November 11, 2009 3:32