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Dubai centre seeking key Africa push
September 2, 2010 – 12:48 pm | No Comment

DUBAI: The Dubai Inter-national Financial Centre (DIFC) is reaching out to companies from emerging markets including Africa and is considering cost cuts as it seeks to become the Gulf region’s main business hub, its chief executive said.

Business : Dubai offers to help Abu Dhabi create own hub
August 31, 2010 – 8:02 pm | No Comment

DUBAI — The Dubai International Financial Centre will help neighbouring Abu Dhabi set up its financial district if needed, its chief executive officer said.

Dubai’s bourse alters tick system for stocks ‘to boost trade’ (Gulf Times)
March 5, 2010 – 2:53 am | No Comment

Dubai Financial Market, the Arab world’s only listed exchange, said yesterday it will change the way it lists stocks, in a move analysts said would boost trading.

Dubai Business | Kippreport » Top executive quits troubled Nakheel »
February 23, 2010 – 9:53 pm | No Comment

According to a recent survey, UAE customers are happier with bank services after the financial crisis. Do you agree? The results are in. Divorce during the financial crisis: up or down? While Dubai sees an increase in the number of …

Abu Dhabi lifeline only half originally reported: Dubai (Malaysian Mirror)
January 19, 2010 – 4:08 pm | No Comment

DUBAI -Cash-strapped Dubai said on Tuesday that the financial lifeline extended by Abu Dhabi last month is only half of what was originally announced because it included previously committed funding.

Some Dubai World Creditors Said to Seek Loan Sale (New York Times)
January 19, 2010 – 12:46 pm | No Comment

Some creditors to Dubai World, which is currently restructuring $22 billion of debt, are seeking to offload loans to reduce their exposure to the Gulf emirate’s conglomerate, The Financial Times reported.

Abu Dhabi lifeline only half originally reported: Dubai (AFP via Yahoo! Canada News)
January 19, 2010 – 12:24 pm | No Comment

DUBAI (AFP) – Cash-strapped Dubai said on Tuesday that the financial lifeline extended by Abu Dhabi last month is only half of what was originally announced because it included previously committed funding.

Some Dubai World creditors may offload loans: report (Reuters via Yahoo! News)
January 18, 2010 – 5:38 am | No Comment

Some creditors to Dubai World , which is currently restructuring $22 billion of debt, are seeking to offload loans to reduce their exposure to the conglomerate, the Financial Times reported.

Dubai World Lenders Offer to Sell Loans, Cut Exposure, FT Says (Bloomberg)
January 18, 2010 – 5:21 am | No Comment

Jan. 17 (Bloomberg) — Dubai World’s creditors are offering to sell their loans in order to reduce their exposure to the group, the Financial Times reported, citing unidentified debt traders and investors.

Dubai eGovt launches “level of satisfaction” survey (Khaleej Times)
January 13, 2010 – 1:51 pm | No Comment

DUBAI – Dubai eGovernment has recently launched a survey to measure the level of satisfaction of local government departments with the Government Resource Planning (GRP), a system that enables local government departments in Dubai to optimise their IT performance through centralised solutions that run all the financial, logistics and administrative operations and to track HR updates.

Dubai Financial Center to Cut Fees in Bid to Attract More Funds (Bloomberg)
January 13, 2010 – 3:30 am | No Comment

Jan. 12 (Bloomberg) — Dubai International Financial Centre, a tax-free business park, plans a “substantial” cut in fees on asset managers this year to attract more funds and become internationally competitive.

Interview: Dubai’s financial hub DIFC sees more momentum (People’s Daily)
January 12, 2010 – 5:45 am | No Comment

Five years after its foundation, Dubai International Financial Center (DIFC) sees activities picking up in the center after a difficult 2009, analysts said Monday. Home of 249 banks, insurance firms and asset managers from around the globe, the DIFC with its international legal framework saw more than three dozen of firms closing their offices last year, as a direct result of the financial …

Dubai Business | Kippreport » IOC suspends Kuwait's Olympic …
January 5, 2010 – 4:50 pm | No Comment

Kuwait has offered to help the UAE financially with Dubai’s … According to a recent survey, UAE customers are happier with bank services after the financial crisis. Do you agree? The results are in. Related modules: UAE bans Facebook …

Dubai names tallest building after bailout patron (USA Today)
January 4, 2010 – 7:22 pm | No Comment

Dubai opened the world’s tallest skyscraper Monday, and in a surprise move renamed the gleaming glass-and-metal tower Burj Khalifa in a nod to the leader of neighboring Abu Dhabi the oil-rich sheikdom which came to its rescue during the financial meltdown.

Fortune or folly: Dubai’s towering empire opens (Brisbane Times)
January 3, 2010 – 2:09 pm | No Comment

DUBAI: Life in Dubai is not for the faint-hearted. But for those who fear neither heights nor the financial crisis, the Gulf city-state is to offer an entirely new experience: the chance to spend the rest of your days hundreds of metres in the air.

After tough year, Dubai expats pack up (AsiaOne)
January 3, 2010 – 9:56 am | No Comment

HONG KONG – For lawyer Wilfred Goh, the sign it was time to leave Dubai came early in 2009, when the financial crisis took its toll, plunging the emirate’s main stock index down roughly 70 percent in a matter of months.