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Borse Dubai's repayments to determine Dubai's credibility The Emirate's financial soundness and ability to pay debts would be tested next month as due date for the government-owned Borse Dubai to pay back its debts is approaching. ...
Continue reading...Tuesday, January 19, 2010
Government-owned Borse Dubai has to pay back, or refinance a $2.5 billion loan due next month, marking the next major test of the emirate's ability to pay its debts, according to people familiar with the matter. ...
Continue reading...Monday, January 18, 2010
Dubai has revealed that half of its $10 billion bail-out from Abu Dhabi had actually been taken from money held over from a previous deal. (read on...)
Continue reading...Monday, January 18, 2010
We may look at those "arpents de sable," those acres of sand, and see Dubai , or Project Dubai , or Work-Site Dubai , as a symbol of something else. Yes, Dubai does indeed represent what the Arabs think of when they think of civilization.
Continue reading...Friday, November 6, 2009
Local developer Nakheel, owned by the Dubai emirate, is struggling to pay back its $10bn in debt, and may have to be bailed out by the UAE government.
Continue reading...
Tuesday, January 19, 2010
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