Dubai World
Dubai’s Drydocks to build warships in Asia
Drydocks World, the Middle East's largest shipbuilding and ship repair company based in Dubai and subsidiary of the Dubai World conglomerate, is preparing to...
UAE-Indonesia trade surged 26.4%
Bilateral trade between the UAE and Indonesia increased by 26.4 per cent in 2011, while investment commitment has multipled to more then $11 billion...
Nakheel sukuk offered on secondary market
In a desperate bid to manage its $10.9 billion dollar in debt, Nakheel plans to pay off up to 60% of its outstanding balances...
Dubai World sued over consulting on Cape Town V&A sale
Devland Holdings, an American consulting company, is suing Dubai World over fees owed for consulting, broking, and advising over issues pertaining to the sale...
DP World trades on London Stock Exchange
DP World Ltd, a subsidiary of Dubai World, began trading on the London Stock Exchange yesterday. By the end of the day, they were...
Bonds triple as confidence in the UAE soars
The United Arab Emirates seem to have benefitted from international turmoil in neighboring regions, and are touting their reputation as a so-called “Switzerland of...
Sao Paulo sues Nakheel over The World project
Nakheel, the master developer that is a subsidiary of Dubai World, is facing charges that it did not complete its promises to Sao Paulo...
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Singapore plans to import green energy to reach low-carbon goals
Singapore plans to transform its energy consumption towards low-carbon electricity by 2035 and import up to four gigawatts of green power, the equivalent of...
Stories of the week
Brunei’s population shrinks on worker exodus, fewer births
Early results from Brunei’s 2021 population census show that the country is moving towards an ageing population due to falling birth rates and a...