Dubai Debt Crises

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In November 2009, concerns about some EU member states’ debts started to grow following the Dubai sovereign debt crisis ... for Nigeria and her banks to take away from the Euro debt crises, especially since there is a push amongst West African countries ...
May 29, 2012 at 02:01 | Source: Businessday Online
The companies also have a “significant amount of debt” due in 2014 and 2015, the IMF said in a statement. Its executive directors said they "welcomed the consolidation plans in Dubai, which will help improve the emirate’s debt sustainability in the ...
May 23, 2012 at 14:04 | Source: ArabianBusiness.com
VIENNA/DUBAI (Reuters) - The U.N. nuclear watchdog chief held ... compounding the economic misery wrought by debt crises in many industrialized countries. But Iran's official IRNA news agency quoted armed forces chief Hassan Firouzabadi as ...
May 21, 2012 at 22:28 | Source: Reuters
As a result, when Dubai World announced its debt repayment "standstill" in November 2009 ... of effective insolvency systems in mitigating the financial impact of such crises. Insolvency systems in the Middle East are generally outdated and unworkable ...
May 29, 2012 at 13:43 | Source: Mondaq
For example, Bayoğlu said, Dubai has been losing its appeal and there are decreasing ... the region is now deemed unstable. And due to crises in Europe, these investors moved their attention to Turkey, which they consider the safest location and because ...
May 12, 2012 at 23:14 | Source: Today's Zaman