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Dubai Crisis |
Financial Times
May 2
Comment
Lenders fear the emirate company that triggered Dubai’s debt crisis may miss payments due in two years if it does not hasten sales of assets
Financial Times
Apr 9
Comment
Oil-rich region’s formerly lagging debt markets have rebounded strongly from the Dubai debt crisis and turmoil of the Arab spring
The Australian
Nov 25
Comment
A YEAR after Dubai's debt crisis first roiled global financial markets, glimmers of confidence are returning to the city-state.
MarketWatch
Nov 23
Comment
It was one year ago this week that a debt crisis in Dubai erupted on the world financial scene, to be followed in a few short weeks and months by similar crises in Greece and other European countries. The stock market is nevertheless nearly a...
Reuters
Mar 19
Comment
Dubai's "build and they will come" model is in a state of flux, rather than broken, as the emirate suffers growing pains in its evolution from emerging economy to global business hub, one of its key developers said.
EX-SKF
Jan 10
Comment
Investors in Zhejian Province, a region in China known for the sharp business acumen, are eyeing Burj Dubai, the tallest building on earth, to double down their bets. According to Yomiuri Shinbun (in Japanese) on 1/10/2010:"According to Zhejian...
guardian.co.uk
Dec 31
Comment
From dotcoms to the Dubai debt crisis: the biggest business stories of the last 10 years
Alastair Dant
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TOP CONTRIBUTORS
On 24 November 2009, Dubai rattled world financial markets by announcing that they were seeking to delay payments on $59 billion in debt.[1] The severity caused the Dow Jones industrial average to drop by 155 points.[2] Dubai has been borrowing heavily and spending lavishly on infrastructure to draw wealthy tourists and investors from around the globe in the past decade with its Las Vegas-in-the-Middle East appeal.[3]
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