Dubai Debt
May 27, 2012 at 14:46 | Source: CNBC-TV18
Oct 05, 2011 at 21:35 | Source: Reuters
Jul 31, 2011 at 14:40 | Source: Reuters
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May 02, 2012 at 22:32 | Source: Economic Times
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DUBAI (Reuters) - Five expatriates jailed in Dubai said they were among a group of prisoners who have gone on hunger strike to protest against lengthy prison sentences handed down to most of them for financial crimes. The men, most of them real estate ...
May 22, 2012 at 13:22 | Source: YAHOO!
The United Arab Emirates will struggle to impose new rules that are aimed at preventing a repeat of Dubai’s debt crisis by capping bank lending to government bodies, analysts and bankers say. Local lenders are responding to the central bank’s decision ...
May 28, 2012 at 15:10 | Source: Financial Times
Dubai, home to the world’s tallest skyscraper, incurred $113 billion of debt seeking to transform itself into a tourism and commercial hub, with $15 billion maturing this year, according to International Monetary Fund estimates. State-owned ...
May 27, 2012 at 09:13 | Source: Businessweek
The IMF held regular consultations with the UAE in March and February. The global crisis burst Dubai's property bubble, triggering a $25 billion debt restructuring in its Dubai World conglomerate in 2009-2010, while other state firms were also hit.
May 20, 2012 at 12:42 | Source: ArabianBusiness.com
Along with a $1.25 billion sukuk issued by another state-owned entity, DIFC Investments, due in June, the JAFZA redemption was considered crucial to assess the ability of Dubai Inc firms to meet their debt maturities. In March, Reuters reported ...
May 27, 2012 at 05:38 | Source: Reuters
Jebel Ali Free Zone said in a Nasdaq Dubai statement Sunday that creditors representing about 89 per cent of the 7.5 billion dirham sukuk, or Islamic bond, have approved the plan. JAFZ was supposed to repay the debt this November. It sought agreement from ...
May 27, 2012 at 14:28 | Source: Hamilton Spectator
DUBAI, May 29 (Reuters) - Here are factors that may affect Middle East stock markets on Tuesday. Reuters has not verified the press reports and does not vouch for their accuracy. INTERNATIONAL/REGIONAL * Spanish debt costs spiral as crisis ...
May 29, 2012 at 03:49 | Source: Reuters
It's telling that the tower, the signature feature of Dubai, was renamed for neighboring Abu Dhabi's emir, Sheikh Khalifa. He led a 2010 bailout of $80 billion in debt accumulated by the construction-happy sheikhs of Dubai. Despite the global ...
May 27, 2012 at 07:04 | Source: San Francisco Gate
Dubai’s measure has dropped 16 percent from this year’s high on March 5 amid investor concern that Greece may abandon the euro and put other debt-stricken nations such as Italy and Spain at risk. Greece is scheduled to hold a second election ...
May 24, 2012 at 09:10 | Source: Bloomberg
DUBAI May 27 (Reuters) - Topaz Energy and Marine, a unit of Oman's Rennaissance Services, has signed the first phase of a $330 million refinancing loan agreement with banks, its parent said in a statement to the bourse on Sunday. United Arab ...
May 27, 2012 at 05:10 | Source: Reuters UK