Abu Dhabi gives $10bn to Dubai to service debts
Abu Dhabi has given Dubai $10bn, some of which will enable Nakheel, the property arm of troubled Dubai World, to pay a $4.1bn Islamic...
Abu Dhabi gives $10 bln to Dubai, repays Nakheel bond
Statement from Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Fiscal Committee
The Government of Dubai, acting through the Supreme Fiscal Committee...
Same Story, Different Headlines
Now, wherever in the world you were last week, you could hardly open a newspaper or watch television without coming across a mention of...
Money markets lose faith in Dubai
Dubai has long been known as a symbol of extravagance and a city where money could buy anything, but a daunting economic recession has...
Statment from Emaar: Not merging with Dubai Holding
Emaar Properties and Dubai Holding announced today that they called off merger plans, revealed few months ago.
A joint statement said that the decision was...
Fault Lines – The Color of Recession
Al Jazeeras Avi Lewis hosts a town hall debate on race & the U.S. recession.
Dubai in Debt Shock
On Wednesday, the Emirate of Dubai asked for a moratorium of six months on billions of dollars of debt issued by key conglomerate Dubai...
Dubai World issues statement on debt obligations
Dubai World ("Dubai World") and its subsidiaries (the "Group") would like to update their lenders on recent developments relating to their debt obligations.
Following a...
Dubai’s Future
Dubai asked for a delay on its debt payments - a move that triggered panic amongst investors. Is the once prosperous, gleaming city in...
Who’s In, Who’s Out in the Dubai Financial Reshuffle
All change at the top of Dubai's financial institutions - as the city's ruler reshuffles this key aides. Out go the architects of the...
Dubai Sparks Market Tumble
Worldwide markets fell after Dubai announced $60 Billion debt due to costly construction projects. Sheila MacVicar reports.
Corporate Jets – essential or expensive?
It's the ultimate status symbol - a private jet at your beck and call. Supporters say they save valuable time - and make their...
Emaar delays debut of Burj Dubai to early 2010
The Burj Dubai will be opened on January 4, 2010, coinciding with the accession to power of His Highness Shaikh Mohammad Bin Rashid...
Burj Dubai readies for December deadline
The final stages of development on and around Emaar's Burj Dubai are being done by an army of workers in readiness for the December...
Cargo Plane Crashes North of Dubai
A Sudanese cargo plane crashed shortly after takeoff Wednesday afternoon from Sharjah airport near Dubai, killing at least six crew members.
Burj Dubai near completion
South Korea's Samsung Construction is completing Burj Dubai, the tallest building in the world.
Experience At The Top of the world vistas at Burj Dubai...
Journey to observatory on Level 124 takes visitors through the evolution of Dubai and Burj Dubai
For years now, poets and singers have spun their...