dubai world

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Latest blogosphere posts tagged “dubai world”

  • Serious Money: Dubai Vaporizes $48 Trillion


    BloggingStocksAuthority Authority: 673
    Filed under: International markets , Bad news , Rants and raves , Middle East , Scandals , Economic data , Politics , Serious Money , Recession , Financial Crisis Best wishes to all and, next to world peace among people, we should hope for the same among world markets. I have let some time pass before ...
    1 day ago
  • 7 big regional financial events in 2009


    Dubai Business | KippreportAuthority Authority: 493
    2 days ago
  • Will Abu Dhabi always be ready to help Dubai financially?


    Dubai Business | KippreportAuthority Authority: 493
    It’s a question investors around the world are asking themselves: Will Abu Dhabi come to Dubai’s rescue every time a debt matures? We don’t have the answer, otherwise we’d leak it to you in a heartbeat. Local authorities, however, insist the UAE stands united, both in good and bad times. When Abu Dhabi ...
    3 days ago
  • Loans, land and loss


    All World News - PakMahfil.comAuthority Authority: 161
    January The New Year dawned in Dubai with the realisation that the emirate was not likely to escape the consequences of the global financial crisis unscathed.
    3 days ago
  • Slippery Sands


    zero hedgeAuthority Authority: 739
    In the annals of bailout history, commitments dont get a lot more slippery than this . U.A.E. Minister of Economy Sultan bin Saeed al-Mansouri said further federal government support for Dubai should be “studied” properly. “Each issue has to be studied in a proper manner, evaluated and based on that an ...
    6 days ago
  • DFM Index records biggest drop in global markets


    Dubai Business | KippreportAuthority Authority: 493
    The Dubai Financial Market General Index fell 3.8 percent to 1,735.7, the biggest drop seen in global markets on Wednesday, reports Bloomberg . The drop is also the DFM’s biggest in two weeks, as investors wait for government-owned conglomerate Dubai World’s restructuring proposal. “Investors are waiting” ...
    6 days ago
  • Dubai seen pressing for time in hopes of market recovery (Reuters)


    BloggerAuthority Authority: 168
    Reuters – Dubai World is likely to press for more time to restructure its $22 billion debt so markets can recover, which will ease credit conditions and enable it to sell assets at higher prices, bankers and analysts said. See the original post:  (Reuters)"> (Reuters)">Dubai seen pressing for time ...
    1 week ago
  • Dubai seen pressing for time in hopes of market recovery


    Business BlogAuthority Authority: 174
    DUBAI (Reuters) - Dubai World is likely to press for more time to restructure its $22 billion debt so markets can recover, which will ease credit conditions and enable it to sell assets at higher prices, bankers and analysts said. Excerpted from:Dubai seen pressing for time in hopes of market recovery [...]
    1 week ago
  • Dubai World to present standstill offer in January


    Dubai Business | KippreportAuthority Authority: 493
    State-owned conglomerate Dubai World will put forth a standstill proposal to creditors in early January, reports Bloomberg , citing three bankers who attended the private presentation on Monday. The company asked creditors for more time to allow its assets to recover some of their value following the global economic ...
    1 week ago
  • Dubai World fails to seal deal


    FT AlphavilleAuthority Authority: 694
    Dubai World on Monday failed to reach agreement on a suspension of its $22bn debt repayments after a day of talks with more than 90 banks, reports The Times. The state-owned conglomerate insisted that negotiations had been constructive and that the group would set out a comprehensive proposal for restructuring the ...
    1 week ago
  • DW’s debts are not heavy: Mansouri


    Dubai for VisitorsAuthority Authority: 155
    Dubai World’s debts are small and some companies have been saddled with debts more heavier than those of the Dubai group, UAE Minister of Economy Sultan Al Mansouri affirmed today. Speaking on the sidelines of the UAE-Azerbaijan joint committee meeti More:  DW’s debts are not heavy: Mansouri
    1 week ago
  • Specialised government departments managing Dubai debt, says Al Mansouri


    Dubai for VisitorsAuthority Authority: 155
    H.E. Sultan bin Saeed Al Mansouri has clarified that specialised government departments are managing the debt concerns of Dubai, and said that the reports quoting him on the Emirate potentially getting more financial aid from the UAE Government or Ab View original here: Specialised government departments managing ...
    1 week ago
  • Dubai World holds meeting with creditor banks involved in Group’s debt restructuring


    Dubai for VisitorsAuthority Authority: 155
    Dubai World has announced that it yesterday held a meeting in Dubai with its creditor banks involved in the restructuring of the Group’s debt. The purpose of the meeting was to provide an update to the banks on the development of the Group’s restruct Here is the original post: Dubai World holds meeting with ...
    1 week ago
  • Dubai provides no details on debt standstill


    Daily Telegraph | Telegraph.co.ukAuthority Authority: 965
    Dubai World, the Gulf emirates cash-strapped holding company, plunged creditors into further uncertainty yesterday by failing to put forward details of its debt standstill request.
    1 week ago
  • 90 seconds at 9am: Liddell off to GM; SCF CFO Brown resigns; Dubai World problems


    The Rates BlogAuthority Authority: 551
    Bernard Hickey details the key news overnight in 90 seconds at 9am, including news that New Zealander Chris Liddell has been appointed chief financial officer at General Motors . He was CFO at Microsoft and has been Carter Holt Harvey CEO. Meanwhile in Timaru, South Canterbury Finance Chief Financial Officer ...
    1 week ago
  • Dubai World disappoints banks over debt repayment


    The Guardian - guardian.co.ukAuthority Authority: 985
    • Dubai World banks unhappy over debt restructuring plans • HSBC to chair committee dealing with Dubai World Dubai World officials today outlined the conglomerates financial woes to more than 100 lenders in the first big meeting with banks since admitting last month that it had run into trouble. However, the ...
    1 week ago
  • Dubai World did not request a debt standstill at meeting


    Dubai Business | KippreportAuthority Authority: 493
    State-owned Dubai World did not ask its creditors for a debt standstill during a meeting on Monday, reports Bloomberg .  The company, which is restructuring around $22 billion of debt, said that the meeting was a discussion on ways to move forward. The company also said in a statement that the Dubai government had ...
    1 week ago
  • Dubai World will survive


    Dubai InformerAuthority Authority: 117
    Even though it was expected from Dubai World’s creditors, the company did not ask for a standstill on its debts in today’s meeting in Dubai. It was the first face to face meeting of Dubai World officials with... Hey Dubai Fan - Please click the headline above so you can read the full version of this exciting ...
    1 week ago
  • Dubai World meets creditors, offers no proposal (Reuters)


    BloggerAuthority Authority: 168
    Reuters – State-owned Dubai World did not ask creditors for a standstill on its $22 billion debt at a meeting on Monday, adding to uncertainty for investors who have been in the dark for weeks and hurting local bank shares. Read the rest here: (Reuters)"> (Reuters)">Dubai World meets creditors, ...
    1 week ago
  • Dubai World meets creditors, offers no proposal (Reuters)


    enUwsAuthority Authority: 472
    Reuters – State-owned Dubai World did not ask creditors for a standstill on its $22 billion debt … See the rest here: (Reuters)"> (Reuters)">Dubai World meets creditors, offers no proposal (Reuters)
    1 week ago

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