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Bahrain’s Al-Maraj Says Dubai Debt May Lift Borrowing Costs (Bloomberg)
March 12, 2010 – 4:35 pm | No Comment

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.

UK banks likely to avoid big Dubai loss (Reuters via Yahoo! UK & Ireland News)
March 12, 2010 – 4:19 pm | No Comment

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.

Dubai World Creditors Want More Loss Protection, Bayan Reports (Bloomberg)
March 12, 2010 – 3:36 pm | No Comment

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.

Dubai debt may lift borrowing costs – Bahrain cenbank head (Arabian Business)
March 12, 2010 – 2:41 pm | No Comment

‘Negative’ global reaction to Dubai’s debt restructuring plan may tighten liquidity.

Al Bustan Rotana Dubai Welcomes New Director of Front Office (Zawya)
March 12, 2010 – 11:35 am | No Comment

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.

Ruler of Dubai meets PM, discusses security issues (rediff.com)
March 12, 2010 – 11:18 am | No Comment

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

Dubai World Seeks to Separate ‘Good’ Firms From ‘Bad’ (Update2) (Bloomberg)
March 12, 2010 – 10:37 am | No Comment

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.

‘We are always behind Dubai World’ – Sheikh Ahmed (Arabian Business)
March 12, 2010 – 7:53 am | No Comment

Chairman of Dubai Civil Aviation is on an official visit to India.

Dubai home finance set to return this year (Zawya)
March 12, 2010 – 7:36 am | No Comment

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.

EYE-OPENING STINT FOR UITM TRAINEES AT DUBAI HOTEL (Bernama via Yahoo! Malaysia News)
March 12, 2010 – 6:00 am | No Comment

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.

Murray reacts during his match against Tipsarevic on the third day of the ATP Dubai Tennis Championships (Reuters via Yahoo! UK & Ireland News)
March 12, 2010 – 2:13 am | No Comment

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

Ad evokes Dubai killing (The New Zealand Herald)
March 11, 2010 – 6:27 pm | No Comment

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.

Mossad ‘audacity’ irks Dubai police (UPI)
March 11, 2010 – 5:58 pm | No Comment

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 rallies as debt deal seen near (Reuters via Yahoo! UK & Ireland News)
March 11, 2010 – 4:22 pm | No Comment

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.

Dubai World Is Yet to Present Formal Debt Proposal to Banks (Bloomberg)
March 11, 2010 – 3:35 pm | No Comment

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.

Dubai Gov't Creates Utility Sector Watchdog | DubaiBIZZ.net
March 11, 2010 – 3:05 pm | No Comment

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 …