dubai economy

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Latest blogosphere posts tagged “dubai economy”

  • Stocks are poised for a higher start as Dubai gets bailed out


    DailyFinanceAuthority Authority: 762
    Filed under: Company News , Economy , Investing U.S. stocks are set to open higher Monday morning after Dubai received a last-minute lifeline from neighboring Abu Dhabi, which lent it $10 billion on a day some debt was to expire. Meanwhile in the U.S., Citigroup announced it will repay its bailout funds. Without ...
    1 week ago
  • Dubai: Abu Dhabi steps in to help Dubai with a $US10 billion bailout


    i On Global Trends - Mike Hitchen Online - news, opinion, analysisAuthority Authority: 445
    China Daily reports Dubais government said Monday it has received $10 billion in emergency funds from its oil-rich neighbor Abu Dhabi that will help pay debts owed by the struggling Dubai World conglomerate.State-owned Dubai World had been up against a Monday deadline to repay a pile of debt from its Nakheel property ...
    1 week ago
  • Moodys cuts credit ratings on Dubai state-controlled companies


    Muslims Against ShariaAuthority Authority: 546
    RATINGS agency Moodys Investors Service has downgraded the credit worthiness of a raft of Dubai government-controlled companies, citing a lack of government support over the emirates debt obligations. The cost of insuring Dubai sovereign debt against default rose on the news. Indeed, the countrys ...
    1 week ago
  • Dubai Holding is in debt throes


    Muslims Against ShariaAuthority Authority: 546
    FEARS are growing among Western banks that Dubai Holding, the personal investment vehicle of the emirates ruler, Sheikh Mohammed bin Rashid al-Maktoum, will be the next state-owned Dubai company to default. The conglomerate went on a debt-fuelled spending spree in the past decade, borrowing $US12 billion ...
    2 weeks ago
  • The Daily Show: United Arab Emirage


    UAE Community BlogAuthority Authority: 122
    This has been flowing around twitter today: The Daily Show With Jon Stewart Mon - Thurs 11p / 10c United Arab Emirage www.thedailyshow.com Daily Show Full Episodes Political Humor Health Care Crisis
    2 weeks ago
  • Media Council to the Rescue!


    UAE Community BlogAuthority Authority: 122
    You can count on British newspapers: After the shock, the ridicule. An image accompanying an article in the Sunday Times which shows Sheikh Mohammed ‘floundering in a sea of debt’ is deemed so offensive to the nation’s frail and fickle sensitivities as to spur the National Media Council into action and order ...
    3 weeks ago

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