Tag: Financial Crisis

Month after month, the global economic outlook has been nothing but bleak. But now, could we be about to turn a corner? Japanese stocks rose...

An excerpt of interview George Soros of Soros Fund Management with Bloomberg News Kathleen Hays.

The developer remains committed to the project The future of Dubai's 75km-long Arabian Canal mega-project was under threat this week after the client suspended the...

The present global financial crisis will reduce the prospects for the UAE economic growth from high single digit to low single digit growth in...

"Communism failed, now capitalism has failed, so I believe now is the time for Islamic Finance!" Dubai's police chief called for an easing of regulations...

Four days of gains in a row for Wall Street  looking doubtful A four-day rally this week  has lifted the Dow Jones industrials nearly...

•Wharton Global Alumni Forum puts spotlight on insightful thinking by Gulf-based entrepreneurs Gulf-based businesses are preparing for the new economic order by leveraging on...

Since the beginning of March  Dubai Chronicle counted fewer layoffs announced at the U.A.E. based companies, a far cry from the 500 to 3000...

Riz Khan hosts his own television show on Al Jazeera English. He is a British television news reporter and interviewer, who first rose to...

The Chairman of the Abu Dhabi Department of Planning and Economy (DPE), Nasir Ahmed Al-Suwaidi, Monday inaugurated at the Emirates Palace Hotel the 3rd...

Together with the financial crisis, the banking crisis, the mortgage crisis and the employment crisis, we are on the verge of experiencing a credit...

A recession is defined to be a period of two quarters of negative GDP growth. By definition is a national or world event and...

The UAE ministry of economy has proposed a new set of initiatives to strengthen the economy and minimise the impact of the global financial...

Oil slips 5.4%; India widens Satyam fraud probe; Kirin expanding beverage empire; Citigroup reaffirms commitment to Japan; Italian car maker eyes Chrysler stake; Costa...

Deutsche Bank drops $6.3 Billion in 4Q; Work on world’s tallest building delayed; Nortel files for bankruptcy protection; Lehman out of Chap. 11 in...

Credit crisis claims $1 trillion; Dollar falls hard; Gold and silver rally; Honda slashes profit outlook; Motorola cuts costs; Valeo cuts 5,000 jobs; Woolworths...

H.E. Sultan Bin Saeed Al Mansouri, Minister of Economy, chaired in his office today the fifth meeting of the economic coordination and cooperation...

Officials from Dubai are approaching the UAE government regarding a loan facility that would make state funds available to companies as international sources of...