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01 December 2009 02:53 am
Qatari shares slumped more than 9% at the start of trading on Tuesday in the first Qatari reaction to the Dubai debt crisis.

01 December 2009 02:49 am
The United Arab Emirates (UAE) stock markets of Dubai and Abu Dhabi plunged on Tuesday by 6.25% and 5.91% respectively at the opening, continuing a freefall trend triggered by Dubai's debt woes.

30 November 2009 09:27 am
The government of Dubai on Monday said it would not guarantee the debt of Dubai World as it sought clarify comments made last week by the state-owned entity that sent shockwaves through global markets.

30 November 2009 04:55 am
The United Arab Emirates on Sunday stepped in to shore up its banks and head off any potential capital flight as the nation's federal authorities attempted to counter concerns over Dubai's debt problems.

30 November 2009 03:55 am
Dubai's stock market plunged Monday 5.87 % at opening of trading after a long holiday following an announcement by Dubai that it intends to seek freeze on debt repayments.

29 November 2009 03:37 pm
The central bank of the United Arab Emirates (UAE) has said it will provide banks with extra liquidity.

29 November 2009 06:14 am
The "Dubai vision," which has suffered a crushing blow from the freewheeling Gulf emirate's sudden debt crisis, is the creation of one man who failed to apply the rules of open governance.

29 November 2009 03:30 am
Dubai World has refused to offload assets at fire-sale prices to repay obligations, forcing it to seek a debt standstill, a newspaper report on Sunday quoted an unnamed source at the government-controlled firm as saying.

28 November 2009 09:34 am
Dubai ruler Sheikh Mohammad bin Rashed al-Maktoum, who put his desert emirate onto the world map with a rapid development drive, now faces a debt crisis that could wreck his dream.

28 November 2009 07:08 am
The credibility of the United Arab Emirates finance sector will suffer unless the authorities and lenders move quickly to assuage fears that Dubai's debt trouble are spiraling out of control, analysts and bankers say.

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