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DFM Index records biggest drop in global markets

The Dubai Financial Market General Index fell 3.8 percent to 1,735.7, the biggest drop seen in global…

December 23, 2009 4:09

Dubai World to present standstill offer in January

State-owned conglomerate Dubai World will put forth a standstill proposal to creditors in early January…

December 22, 2009 2:39

Dubai World did not request a debt standstill at meeting

State-owned Dubai World did not ask its creditors …

December 21, 2009 5:57
Clearing the web around Dubai

Clearing the web around Dubai

Affirming that the Dubai bubble has not burst, officials in the city accuse the media of wrongly equating Dubai World’s debts to the government.

December 1, 2009 2:36