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Similar to the Crisis of Credit Visualized, this was a short lecture we received in our visit to Abu Dhabi where a speaker described the details of what happened in Dubai . It is a chain reaction of various events and it is interesting ...
Continue reading...Saturday, December 19, 2009
Dubai is a well known glittering city chosen for its exotic beaches, fine dining and also awesome shopping centers. Flights to Dubai are available from all over.
Continue reading...Saturday, December 19, 2009
Dubai Islamic Bank (DIB) announced today the launch of the Al Islami Infinite Credit Card, an invitation-only card available exclusively to ultra high net worth clients of the bank. The hand-...
Continue reading...Friday, November 27, 2009
JP Morgan (JPM), RBS (RBS), Credit Suisse (CS) and several other large firms with financial research arms have put out educated guesses as to which banks are most exposed to Dubai debt.
Continue reading...Friday, October 30, 2009
There will be no recovery in the Dubai property market in 2010 with prices falling up to 30% in 2010, according to an economist who accurately predicted the credit crunch.
Continue reading...Monday, October 12, 2009
"A support fund created to help Dubai pay its debts has “insufficient” resources to cover the billions of dollars of debt coming due, an analyst at the credit-rating firm Standard & Poor's said Sunday. The sheikdom and its network of ...
Continue reading...Monday, October 12, 2009
Every time I have been in Dubai , I always feeling that it's a bubble and that it will sink.
Continue reading...Monday, October 12, 2009
The total value of land transactions in Dubai today Monday 12-10-2009 peaked at Dhs326.65m, of which sales exceeded Dhs181.85m.
Continue reading...Monday, October 12, 2009
A holding company controlled by Dubai's ruler says it has repaid a $250 million bank loan, the latest attempt by the deeply indebted emirate to chip away at its credit obligations.
Continue reading...Sunday, October 11, 2009
From Bloomberg: Dubai , which set up a $20 billon fund to help state-related companies through the credit crisis, will probably raise a second $10 billion for the program in November, Emaar Properties PJSC chairman said. ...
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Friday, January 8, 2010
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