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Limitless, a property development unit of Dubai World, on Thursday paid creditors interest for a $1.2 billion loan due at the end of this month, bankers said.
Continue reading...Saturday, November 28, 2009
Just when it looked as if the international financial system was finding its feet, suddenly there is a crisis in Dubai , one of the United Arab Emirates, where a Government-owned property development company Dubai World has asked for a ...
Continue reading...Sunday, November 1, 2009
With an economy increasingly based upon financial services, air transport, property development and tourism, Dubai also has a rapidly growing population and severe traffic congestion problems. Population is forecast to increase by 6.4% ...
Continue reading...Saturday, October 31, 2009
A property development company controlled by Dubai's ruler has replaced its chairman following reports he is under arrest over improper financial dealings, the company's parent said Saturday.
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Thursday, March 18, 2010
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