Topic: Dubai
Dubai art fair upbeat despite city's debt woes
Reuters Life! Online Report
DUBAI (Reuters) - Dubai's annual art fair hit new highs in both sales and volumes despite concerns in the Gulf's trading and tourism hub over a debt crisis. The four-day contemporary art show drew more than 18,000 visitors, up 28 percent from last year, and featured more varied ...
Dubai watchdog hits Mideast jeweler with sanctions
AP News
Dubai regulator sanctions Mideast jeweler Damas over improper deals, bars controlling brothersMiddle East jewelry retailer Damas International Ltd. was penalized Sunday by a Dubai watchdog for improper financial dealings and lax corporate oversight in the regulator's strongest action to date. The sanctions imposed by the Dubai Financial Services Authority ...
UAE stocks seen surging if Dubai government backs debt plan
Reuters US Online Report Business News
DUBAI (Reuters) - Dubai's debt restructuring proposal will determine the fate of UAE equity markets as the ailing emirate seeks support from Abu Dhabi, with markets poised to rally if the deal includes guarantees, analysts said. Dubai's index has been resurgent, gaining 12.8 percent in 12 trading days ...
New Baghdad and the collapse of capitalism
Stockhouse
Washington would do well to study what happened thereForty years ago, it was a small town on the Persian Gulf, merely one of seven sheikdoms joined in federation in 1971 to create the United Arab Emirates. Basically, there was nothing there but sand. Yes, oil had been discovered under that ...
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