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The CEO of one of the largest developers in Dubai recently stated that the Dubai real estate market has hit bottom.
Continue reading...Wednesday, January 20, 2010
Dubai World today announced the appointment of Istithmar World Chief Investment Officer Andy Watson to the position of Acting CEO, Istithmar World.Andy...
Continue reading...Tuesday, January 19, 2010
DUBAI : The total debt of cash-strapped Dubai could be as much as 170 billion dollars, much higher than earlier reported, according to a report by EFG-Hermes regional investment bank. The total debt held by Dubai Inc could well be in the ...
Continue reading...Wednesday, December 23, 2009
Dubai Financial Market, PJSC (DFM) announced today that it has made an offer to Borse Dubai Ltd.
Continue reading...Wednesday, December 23, 2009
Renewable energy policy makers, government officials, business leaders, technologists, financiers and academics will come together in Abu Dhabi during the week of January 16-23, 2010 for Abu Dhabi Future Energy Week, a unique series of events focused
Continue reading...Wednesday, December 23, 2009
H.E Sultan Bin Saeed Al Mansouri, UAE Minister of Economy, stressed yesterday the importance of international cooperation to deal efficiently with global economic challenges. He was signing the protocol of the second UAE- Azerbaijan joint econom
Continue reading...Wednesday, December 23, 2009
President H.H. Sheikh Khalifa bin Zayed Al Nahyan has issued a federal decree appointing Mohammed Khalifa Al Hadari as Deputy CEO of Emirates Securities and Commodities Authority (SCA) for Institutional and Ancillary Services and Maryam Butti Al Suw
Continue reading...Wednesday, December 9, 2009
Dubai World and a group of lenders representing the UAE and British banks are on the way to reaching a satisfactory solution that protects the interests of both parties, according to banking sources.
Continue reading...Wednesday, December 9, 2009
Dubai World has assets and income to meet debt obligations, Abdulrahman Al Saleh, Director-General of Dubai's Department of Finance, told Al Arabiya TV channel. Most of Dubai World's lenders are committed for the long term, he said. He said it w
Continue reading...Wednesday, December 9, 2009
DP World's projects worldwide are currently under review, a top official said. Mohammad Sharaf, CEO of Dubai Ports World, told Gulf News a statement released in the Egyptian press was incorrect.
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Monday, March 1, 2010
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