Articles tagged with: dubai
March 12 (Bloomberg) — Bahrain’s Central Bank Governor Rasheed al-Maraj said the cost of borrowing may increase if there’s a “negative” global reaction to Dubai’s debt restructuring plan.
Britain’s top banks look likely to avoid massive losses on Dubai World’s debt pile, but have already seen about 1 billion pounds wiped off profits due to problem loans in Dubai and the region last year.
March 12 (Bloomberg) — Dubai World creditors in London want clarification on how they will avoid further losses if they accept the state-owned holding company’s proposal, Al Bayan reported.
‘Negative’ global reaction to Dubai’s debt restructuring plan may tighten liquidity.
11 March 2010 The management of the Al Bustan Rotana Dubai is pleased to announce the appointment of George Khozam as Director of Front Office. Khozam, who is originally from Syria, brings with him almost twenty years of hospitality experience specializing in Front Office operations.
Vice President of the United Arab Emirates and Ruler of Dubai Mohammed bin Rashid met Prime Minister Manmohan Singh in New Delhi on Thursday and discussed the economic and political ties between the two countries.The two leaders also talked about security issues, tackling terrorism and the importance of ensuring peace and stability in the region. The meeting aimed at outlining ways and
March 12 (Bloomberg) — Dubai World, the state-owned holding company restructuring $26 billion in debt, is seeking to separate “good” businesses from underperforming assets as part of its restructuring plan, the head of the city’s airline said.
Chairman of Dubai Civil Aviation is on an official visit to India.
10 March 2010 There is good news for the Dubai property market, as lenders are set to come back with increased budgets this year over 2009. Utpal Bhattacharya finds out more.
DUBAI, March 12 (Bernama) — A three-month practical training stint at the Al Jawhara Gardens Hotel, a syariah-compliant establishment here, has proven to be an eye-opening experience for a group of 14 Universiti Teknologi Mara (UiTM) graduates.
Andy Murray of Britain reacts during his match against Janko Tipsarevic of Serbia on the third day of the ATP Dubai Tennis Championships, February 24, 2010. REUTERS/Jorge Ferrari
An Israeli supermarket looked to cash in on the infamous surveillance camera footage showing suspected assassins stalking a Hamas operative in Dubai with a new advertising campaign.
DUBAI, United Arab Emirates, March 11 (UPI) — Police officials in Dubai criticized the Israeli intelligence agency Mossad for having the “audacity” to carry out an assassination on their soil.
Dubai’s market rallied to seven-week highs on Thursday on hopes for a Dubai World debt deal while some major creditor banks halted internal trading in the firm’s instruments, signalling an offer was approaching.
March 11 (Bloomberg) — Dubai World, the state-owned holding company restructuring $26 billion in debt, is yet to present a formal proposal to its creditors, said a spokeswoman for the emirate’s Department of Finance.
AED72m superyacht sells on first day of Dubai show (Arabian Business) · UAE govt to support Dubai, sees resolution – finmin (Arabian Business) · Emirates adds flights to Dubai (Business Times (Malaysia)) · Dubai Conference Seeks …
