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8:51pm
Dubai groups line up Asian asset sales
State-linked Dubai entities have started talks to divest Asian...asset sales to help ease its debt burden.Dubai-based Emaar Properties is talking to...across Asia and the Middle East.A unit of Dubai Holding, which is looking to sell its 40... By Sundeep Tucker in Hong Kong and Simeon Kerr in Dubai
2:00am
Dubai groups line up asset sales to ease $100bn debt
State-linked Dubai entities have started talks to divest Asian...sales to help ease its debt -burden.Dubai-based Emaar Properties is talking to...across Asia and the Middle East.A unit of Dubai Holding, which is looking to sell its... By Sundeep Tucker in Hong Kong and Simeon Kerr in Dubai
February 9, 2010
Dubai offered an alternative vision of the future
In Dubai, last year's annus horribiliswhich combined...called for a delay in repaying $26bn owed by Dubai World , a state-owned conglomerate.The...of civic debate.In a potted history of Dubai from its emergence as a tax-free centre... By Simeon Kerr in Dubai
February 8, 2010
Dubai offered an alternative future
In Dubai, last year’s annus horribilis which combined...called for a delay in repaying $26bn owed by Dubai World, a state-owned conglomerate...of civic debate. In a potted history of Dubai from its emergence as a tax-free centre... By Simeon Kerr in Dubai
February 2, 2010
Buy-out groups circle Dubai asset sale
...Istithmar, the investment arm of the troubled Dubai World conglomerate, has put Inchcape Shipping...selling many of the assets it bought to help Dubai World restructure its $22bn of debt.The...assets to aid its cash-strapped parent. Dubai World shocked markets with a debt standstill... By Martin Arnold in London and Simeon Kerr in Dubai
2:00am
Jobs optimism drives green agenda
...British waters for the £100bn offshore wind programme, but will be built by Lamprell, the London-listed oil rig company, in Dubai.Meanwhile, companies press on. Reed Elsevier, the Anglo-Dutch publisher, is developing an online tool to help customers... By Brian Groom, Business and Employment Editor
January 25, 2010
Dubai investment vehicle suffers S&P blow
Dubai’s standing in financial markets was dealt...P warned that the cash flow position of Dubai Holding Commercial Operations Group, one...which includes hotel chain Jumeirah and Dubai Properties, has been hit hard by Dubai... By Simeon Kerr in Dubai and Anousha Sakoui in London
January 18, 2010
Dubai bail-out $5bn less than supposed
A $10bn rescue package for Dubai pledged by Abu Dhabi was only half that...loans already granted by two banks, Dubai’s government said yesterday. The disclosure...poor communications. In late November, Dubai said it had received $5bn (€3.5bn... By Simeon Kerr in Dubai and Robin Wigglesworth in Abu Dhabi
January 18, 2010
Dubai bail-out $5bn less than supposed
A $10bn rescue package for Dubai pledged by Abu Dhabi was only half that...loans already granted by two banks, Dubai’s government said on Monday. The disclosure...poor communications. In late November, Dubai said it had received $5bn (€3.5bn... By Simeon Kerr in Dubai and Robin Wigglesworth in Abu Dhabi
January 18, 2010
Dubai bail-out $5bn less than supposed
A $10bn rescue package for Dubai pledged by Abu Dhabi was only half that...loans already granted by two banks, Dubai’s government said on Monday. The disclosure...poor communications. In late November, Dubai said it had received $5bn (€3.5bn... By Simeon Kerr in Dubai and Robin Wigglesworth in Abu Dhabi