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Willem Buiter has just taken on a new role at Citigroup. The news of Willem Buiter's role as Chief Economist at Citigroup comes via DealBook at the New York Times below.
Continue reading...Monday, November 30, 2009
Dubai World, the state-owned conglomerate, was effectively abandoned to its fate by the Emirate's Government yesterday despite previous assumptions that Dubai would stand behind the company. That has raised the likelihood that lenders ...
Continue reading...Tuesday, October 13, 2009
Following the reconstruction of several major roads and interchanges and redesigning of the downtown area, the civic administration has begun revamping some of the key parks and gardens in the Oasis City. High on the list are the Al Hili Fun Cit
Continue reading...Tuesday, October 13, 2009
A large fire broke out on Monday morning in an electrical shop and spread to seven other shops and warehouses. The fire started at 7.30am at an electrical shop in Industrial Area 6, and there were no reports of any casualties or injuries. A
Continue reading...Tuesday, October 13, 2009
The country''s oldest university has been listed as one of the top 400 higher education institutions in the world for the first time. UAE University, in Al Ain, shares the 374th position in rankings released by Times Higher Education, a London-b
Continue reading...Saturday, September 12, 2009
"For a Bounced Check in Dubai , the Penalty Can Be Years Behind Bars". This article, from today's New York Times, is interesting for a couple of reasons.
Continue reading...Saturday, September 12, 2009
In Dubai , if one borrows money, the lender always demands a post-dated cheque, and, if one fails to repay, the cheque is used as proof of criminal fraud and the debtor/bad-cheque-fraudster goes to gaol. ...
Continue reading...Wednesday, June 17, 2009
BURJ AL ARAB The latest symbol of the Emirates, Dubai’s Burj Al Arab, is an arabian tower that extends high into the sky, the only seven star hotel in the world built upon its own artificial island in the Persian Gulf. The hotel’s exterior is shaped like a gigantic sail bent by the [...]
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Monday, November 30, 2009
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