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Fox International Channels (FIC) has said on the eve of the Abu Dhabi Media Summit that it has formed a strategic partnership with Abu Dhabi's twofour54 across three key projects. The move highlights FIC's commitment to Abu Dhabi as well as rein
Continue reading...Tuesday, March 9, 2010
Bankers expect to reach a restructuring deal with the Dubai World this week, pushing the cost of insuring Dubai's debt against default down further and lifting Nakheel's 2011 bond. Dubai World expects to put its debt plan to creditors as early a
Continue reading...Tuesday, March 9, 2010
Readers will recall the worldwide uproar over the Dubai debt crisis late last year that ended as suddenly as it began with the intervention of Abu Dhabi and repayment of a $4 billion Nakheel bond in full and on time. ...
Continue reading...Monday, March 8, 2010
Foreign investors net DFM buyers by AED 56.09 mln Dubai Financial Market General Index (DFMGI) extended its gains for the second straight session.
Continue reading...Monday, March 8, 2010
Other items on the agenda will include potential guarantees from Dubai's Government, despite that quarter having previously washed its hands of the problem. Sources close to the negotiations suggest, however, that the key to such a ...
Continue reading...Monday, March 8, 2010
The regions largest and internationally know boat manufacturer, Gulf Craft, has announced that it will have fourteen craft on display at the 2010 Dubai International Boat Show and will unveil...
Continue reading...Monday, March 8, 2010
Dubai World, the troubled conglomerate, expects to put its debt plan to creditors as early as this week, but the final proposal is being delayed by efforts to accurately value developer Nakheel's assets, Reuters reported.
Continue reading...Monday, March 8, 2010
Dubai World, the state-owned holding company in talks to renegotiate about $26 billion of debt, will ask banks for permission to delay loan repayments when it presents a plan to creditors this month, said three bankers familiar with the ...
Continue reading...Monday, March 8, 2010
Looking at the headline of the article, one can't keep him self from wondering if it is a publicity stunt, rumor or a real industry insider suggestion. But Yann.
Continue reading...Monday, March 8, 2010
“Look,” said Dubai's police chief. “There is Gail and Kevin.” The video he was pointing to was a compilation of clips from security cameras that show the events surrounding the assassination of Hamas operative Mahmoud al-Mabhouh.
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Tuesday, March 9, 2010
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