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UAE shares endured a turbulent 2009, as hopes for a strong rally in UAE shares in the fourth quarter were crushed, with most gains eroded, as confidence in the markets evaporated, following the Dubai World bombshell in November, when it announced a r
Continue reading...Tuesday, December 1, 2009
Dubai's debt crisis dragged down the main stock markets in the United Arab Emirates for a second day on Tuesday and also caused other markets in the Gulf to plummet.
Continue reading...Monday, November 30, 2009
Dubai's sudden default last week of $60 billion worth of debt played havoc with the markets, spurred talk of bailouts, and put added stress on an economy just barely showing signs of a turnaround.
Continue reading...Monday, November 30, 2009
With Dubai coming perilously close to defaulting on nearly $59 billion in debt, it is worth breaking down some of the issues behind the Arab city-state's problems. It isn't pretty
Continue reading...Thursday, November 26, 2009
Although the scale of Dubai's debts is comparatively modest at $80 billion (£48 billion), the uncertainty spooked the markets ... The FTSE 100 plunged by 171 points to 5194 — its biggest one-day fall in eight months . ...
Continue reading...Wednesday, November 4, 2009
The Borse Dubai International Investor Conference New York 2009, co-hosted by the Dubai Financial Market (DFM) and Nasdaq Dubai, in cooperation with Citigroup Global Markets and Goldman Sachs, came to a close on Tuesday. Dozens of meetings took
Continue reading...Tuesday, November 3, 2009
Nov. 3 (Bloomberg) -- Dubai's plans to sell $10 billion of bonds for its government support fund will “depend on its needs at the time,” the United A...
Continue reading...Tuesday, November 3, 2009
The Dubai Health Authority (DHA) and the Harvard Medical Faculty Physicians (HMFP) discussed ways to further foster their relationship with regard to application systems that the HMFP has developed...
Continue reading...Tuesday, November 3, 2009
The Borse Dubai International Investor Conference New York 2009 has opened, co-hosted by Dubai Financial Market (DFM) and Nasdaq Dubai in cooperation with Citigroup Global Markets and Goldman...
Continue reading...Tuesday, November 3, 2009
Sage Software, the leading global supplier of ERP, CRM, and HRM solutions to small, medium and large organisations, announced that it has inked a strategic partnership deal with ITE Distribution, a...
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Thursday, December 31, 2009
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