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Related contentDubai World Collapse Sends a Tremor Through the Financial Markets
17 hours ago ago from Protect Your Nest Egg in Retirement
Read this article, Dubai heat felt around the world to get the latest information, THE tip is that the company that led Dubai's spectacular growth, Dubai World, will be bailed out of its financial strife by black gold, with the richest member of the United Arab Emirates, Abu Dhabi, writing the cheque. Let's hope it happens, because a Dubai World collapse would send shock waves around the globe, not least in Australia. Dubai World ...
Related contentDubai Property Market Collapse. Lindsey Williams was Right !!!!!!!!!!!!!!!!!!!!!
12 hours ago ago from Real Estate
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Related contentDubai crisis throws the spotlight on analysts
23 hours ago ago from Middle East (UAE and GCC) Finance and Investment News
Abu Dhabi's recent Dubai bail-out may have removed some of the immediate risks of default in the emirate but the saga has left a bitter taste in the mouths of many investors and led to calls for greater transparency in the United Arab Emirates. Dubai has admitted that it owes about $80bn, but the restructuring of the Dubai World conglomerate announced earlier this month has revealed a mass of undisclosed loans. Some analysts estimate that ...
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11 hours ago ago from India News
Dubai Stock Exchange The Dubai International Financial Exchange (DIFX) owned by the sole shareholder Dubai International Financial Centre Authority (DIFC), launched Dubai securities trading market in September 2005. Dubai's main stock exchange has dropped more than 7% on the first day of trading in the United Arab Emirates since Dubai World announced it was struggling with its 60 billion dollars debt. The Dubai Financial Exchange has ...
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Debt could derail Dubai's big-money events
2 hours ago ago from U.S. News
Debt could derail Dubai's big-money events DUBAI, United Arab Emirates (AP) -- Dubai's ability to host big-money events in tennis, golf and horse racing is coming under scrutiny as the emirate struggles with massive debt. Many wonder whether the Persian Gulf sheikdom can afford to continue bankrolling high-profile events that offer lucrative prize money. "I suspect there could be slight cuts in prize money," said Sean Ennis, a professor ...
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