Mar 14, 2010
Moody's cut its credit rating on six Abu Dhabi Government-controlled companies, citing a lack of 'explicit' government guarantees.Read article "Moody's wants Government support of state companies in writing"
Mar 13, 2010
The Dubai World' restructuring saga boils down to whether bankers take a haircut or agree to extend the repayment period at lower rates of interest.Read article "Reading between the lines of Dubai World's restructuring"
May 10, 2013
Construction of the Heart of Europe on six islands is set to start on the World islands project after years of inactivity due to the financial downturn.
Apr 23, 2013
Dubai property prices are on a 16-month streak of gains, according to new research from Deutsche Bank, but still far below pre-crisis highs.Read article
Hadeel al Sayegh
The National staff with agency
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