DMCC and World Gold Council release second edition of ‘Visions of...
Gold coin series reinforces Dubai’s position as the City of Gold, and an important hub in the region
Visions...
Dubai International Capital Asks for Debt Extension
Investment firm Dubai International Capital, along with a committee of banks, requested a three-month debt extension Thursday till September 30th, though the debt size...
Dubai World Agrees Headline Economic Terms in Principle with Coordinating Committee
Dubai World (the “Companyâ€) is pleased to announce today that headline economic terms have been agreed in principle with the Coordinating Committee (“CoComâ€), representing...
Europe unveils trillion-dollar crisis fund
Europe on Monday announced a trillion-dollar rescue package for crisis-hit euro countries backed by the IMF and central banks worldwide, sending the euro surging...
Iceland volcano continues eruptions
The ash cloud from a volcano in southern Iceland has held European skies hostage, grounding thousands of flights and leaving millions of passengers stranded...
Iceland volcano eruption continues, test flights through ash planned
EU Ministers are due to hold emergency talks on the air travel chaos caused by plumes of ash from a volcano in Iceland. The...
Volcano travel chaos spreads
A huge cloud of ash spewed out by an Icelandic volcano has continued to cause travel chaos across Europe, with the fallout spreading around...
How ash could damage air planes
Several European countries have closed their airspace after a cloud of ash thrown up by a volcano in Iceland spread over the continent.
The tiny...
Arabic poetry becomes reality TV hit
It's been called the Arab world's answer to Pop Idol and it's taking the Middle East by storm. But instead of singing their way...
At the Top reopens to the public today
At the Top, the observation deck of Burj Khalifa, world's tallest skyscraper, reopened today, two months after an elevator malfunction forced it to close.
Dozens...
Apple’s iPad is not launching in Dubai tomorrow!
Apple’s IPad launches This Saturday
Meet iPad: Available in Dubai after 3rd of April, 2010
Dubai Chronicle confirmed with iStyle, the Dubai based Apple distributor, that...
Damas signs standstill agreement with bank lenders
Agreement allows company to further develop restructuring plan, focus on long-term stability and growth
Represents significant vote of confidence by bank lenders...
Dealing with Dubai’s Debt
It's exactly four months since Dubai sent shockwaves around the world, when one of its biggest companies, Dubai World asked for a delay in...
Statement from Sheikh Ahmed Bin Saeed Al Maktoum about the restructuring...
Dubai Government Offers Dubai World $9.5 Billion in New Funds
Dubai World and Nakheel will today announce proposals for the restructuring of their liabilities...
Detailed Statement from Dubai World is expected after Creditors review The...
Dubai World's chief restructuring officer, Deloitte's Aidan Birkett, met with creditors on Wednesday afternoon to discuss restructuring plans for $26 billion of debt. The...