A holding company controlled by Dubai’s ruler says it has repaid a $250 million bank loan, the latest attempt by the deeply indebted emirate to chip away at its credit obligations.
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Dubai ruler’s company repays $250M to BNP Paribas (AP via Yahoo! Finance)
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Dubai Business – Kippreport …. To UAE -savvy travelers, this won’t come as a surprise. One-way fares to Dubai, departing major European and North American airports, are frequently a pittance compared to the return trip back to the city of origin. For example, at time of writing, traveling from Houston to Dubai on Emirates in early September would run you $920 one-way. For the return flight, …
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Dubai is the most attractive city in the UAE for the French to live and work in as well as visit. The number of French expatriates in Dubai has grown by 5% each year, and in 2010 the resident population was about 10.000. … Even among all the Arabic and English speakers, the French should feel at home for Dubai’s Riviera-like…
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DUBAI: Worries about spying by the US and Israel spurred plans to sharply limit BlackBerry services in the United Arab Emirates (UAE), Dubai’s police chief said in comments that suggest a tough line in talks with the smartphone maker. The UAE says it will block BlackBerry email, messaging and web services from October 11 unless authorities can gain access to the encrypted data traffic