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Dubai Debt

Abu Dhabi Supplies $10 Billion To Dubai To Cover Debt

AP | STEFANIA BIANCHI | Posted 12.14.2009 | World

Read More: Dubai Debt, Dubai Debt Crisis, Abu Dhabi, Dubai Government, Dubai Real Estate, Dubai Economy, Abu Dhabi Dubai, Dubai, World News

DUBAI --Dubai's government Monday said it received $10 billion in financing from Abu Dhabi, which will pay part of the debt held by conglomerate Dubai...

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Dubai World Trying To Raise Cash By Selling Assets

AP | ADAM SCHRECK | Posted 12.08.2009 | Business

Read More: Dubai Debt, Dubai World, Dubai Economy, Dubai-United Arab Emirates, Dubai Debt Crisis, Dubai Real Estate, United Arab Emirates, Business News

DUBAI, United Arab Emirates — Dubai World, the cash-strapped conglomerate at the center of Dubai's debt crisis, appears set for an unaccustomed ...

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Dubai's Age Of Excess (PHOTOS)

Posted 12.03.2009 | World

Read More: Dubai Debt, Dubai World, Al-Maha, Burj Al-Arab, Dubai Economy, Slidepoll, Emirates Towers, Burj Dubai, Dubai, World News

Dubai's decade of oil wealth, property speculation and wild dreams created a roster of projects that are awe inspiring in their ambition. The world'...

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Burj Dubai, World's Tallest Tower, Is 'Last Hurrah' To Dubai's Age Of Excess

AP | BRIAN MURPHY | Posted 12.02.2009 | World

Read More: Dubai World, Dubai Debt, Burj Al Arab, Skyscraper, Dubai Skyscraper, Burj Dubai, Dubai, Dubai Tower, World News

DUBAI, United Arab Emirates — When work began in 2004 to build the world's tallest tower, Dubai's confidence also was sky high with a host of me...

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Kenneth Rogoff: Dubai's Prospects For Prosperity Are Still Strong

Project Syndicate | Kenneth Rogoff | Posted 12.02.2009 | Business

Read More: Dubai World, Dubai Debt, Dubai-United Arab Emirates, Dubai Economy, Dubai Real Estate, Dubai, Business News

There are those that revel in what they see as a come-uppance for brash Dubai's outsized ambitions. I, for one, do not share this view. Yes, Dubai, wi...

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The Resilience of Dubai and the Gulf

Fareed Mohamedi | Posted 12.01.2009 | Business

Read More: Dubai Debt, Dubai World, Dubai Economy, Dubai-United Arab Emirates, Economy, Dubai Debt Crisis, Dubai, Business News
Fareed Mohamedi

Despite this proclivity towards over-borrowing, the fundamentals of the Dubai model are still sound. The infrastructure has been built and is still very useful, and the underlying business logic is still very viable.

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UAE Will Back Banks Despite Dubai Debt Crisis

AP | BARBARA SURK and TAREK EL-TABLAWY | Posted 11.30.2009 | World

Read More: Dubai Debt, Dubai World, Dubai, WAM News Agency, United Arab Emirates Bank, United Arab Emirates, World News

DUBAI, United Arab Emirates — The United Arab Emirates has pledged to stand behind foreign and domestic banks in the country, offering additiona...

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Abu Dhabi Won't Bail Out Dubai

Reuters | Posted 11.28.2009 | Business

Read More: Dubai Debt, World Economy, Abu Dhabi Dubai, Economy, Economic Crisis, Dubai Collapse, Abu Dhabi Saves Dubai?, Financial Crisis, Abu Dhabi, Abu Dhabi Won't Save Dubai, Dubai, Business News

ABU DHABI (Reuters) - Abu Dhabi, wealthy capital of the United Arab Emirates, will "pick and choose" how to assist debt-laden neighbor Dubai, a senior...

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Dubai's Debt Problems Cast Shadow Over Entire Region

AP | BARBARA SURK | Posted 11.28.2009 | Business

Read More: Dubai, Dubai Debt, Dubai Economy, Economy, World Economy, Gulf Nations, Business News

DUBAI, United Arab Emirates — For years, Dubai seemed unstoppable, an oasis of excess boasting indoor ski slopes and manmade islands, the world'...

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Dubai Jitters Pound Stocks

AP | Posted 11.27.2009 | Business

Read More: Dubai, Stock Market, Dubai Debt, Dubai Economy, Business News

NEW YORK — Gold prices fell for the first time in 10 days and oil slid as jitters over debt problems in the Middle Eastern city of Dubai drove t...

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Dubai's Request For Debt 'Standstill' Shakes World Markets

AP | BARBARA SURK | Posted 11.26.2009 | Business

Read More: Dubai Debt, Dubai Debt Request, Dubai Debt Standstill, World Markets, Dubai, Business News

DUBAI, United Arab Emirates — Just a year after the global downturn derailed Dubai's explosive growth, the city is now so swamped in debt that i...

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The Dark Side Of Dubai

Johann Hari | Posted 05.08.2009 | World

Read More: Dubai Debt, Global Financial Crisis, Dubai Migrants, Dubai Economy, Migrant Labor, Middle East, Immigration, Dubai Foreigners, Dubai, Johann Hari Dubai, The Dark Side of Dubai, Dark Side of Dubai, Dubai-United Arab Emirates, Dubai Dark Side, Johann Hari, Hari Dubai, Huffington Post Dubai, Dark Side Dubai, World News
Johann Hari

Once the manic burst of building has stopped and the whirlwind has slowed, the secrets of Dubai are slowly seeping out.

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