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Friday, 1 October 2010

Nakheel says it has paid AED3.4bn cash to trade creditors Struggling property firm appoints consultants to review claims made by creditors.
Etisalat confirms bid for Zain stake Emirates Telecoms Corporation official says 46 percent offer has been made but no final agreement reached.
Fairmont’s Palm Jumeirah set to complete in 2011 Handover of residences has begun, despite loss of nearly $70m by partners IFA HR.
Dubai police chief says Mossad behind death threats Dahi Khalfan Tamim tells newspaper he received death threats from Israeli spy agency.
World Cup 'jamming' traced to Jordan – paper Guardian claims Al Jazeera sabotage took place after breakdown of free coverage deal.
Qatar Telecom eyes benchmark dollar bond – banker Qtel may issue $500m bond, mandates six banks including Qatar National Bank and RBS.
Major Zain shareholder backs Etisalat offer Head of Kharafi Group says Etisalat offer is 'suitable and good for both parties'.
Foreign firms start bidding for Saudi Shaybah NGL Shaybah NGL project is estimated to cost $5 billion-$6 billion - sources.
Iraqi banks need to raise $10bn in three years - investor Lenders need to prepare for an oil-fuelled construction boom - MerchantBridge.
European Islamic bank returns to profit in H1 BLME reports $5.7m profit after H1 loss of $15.5m in same period last year.


Comment » Sentiment on Dubai is changing again The world seems to have accepted the emirate for what it is post the default, says Damian Reilly More...


In Pictures »
IN PICS: Indian Grand Prix construction underway Arabian Business looks at the construction for the Indian Grand Prix, scheduled for Oct 2011.
IN PICS: US Global Leadership Coalition Conference Arabian Business takes a look at the annual US Global Leadership Coalition Conference in Washington.
IN PICS: Qatar Award winners 2010 Arabian Business congratulates our winners at this year's glittering event in Doha.

Interviews »
Staying power Dietmar Siersdorfer, CEO of the energy sector cluster for Siemens in the Middle East, talks to Utilities Middle East about business in the region.

Latest Reader Comments

Emirates Islamic Bank may buy Dubai Bank, Amlak - report
Dubai Man: I am not quite in the situation of Dubai Man but my Abu Dhabi property in Al Reef Downtown should be worth at least slightly more than the original pr... Original Joe from Dubai, 03 October 2010, 13:35:26 ( UAE Time )

Emirates Islamic Bank may buy Dubai Bank, Amlak - report
time will tell: dear John , actually i am refereing to market price Only , it's all on demand and availibility of funds , the reality i owe them less than a million a... dubai man from dubai, 03 October 2010, 13:19:46 ( UAE Time )

Emirates Islamic Bank may buy Dubai Bank, Amlak - report
Worth what someone will pay for it: Sadly, Dubai Man, your house is only worth what someone will pay for it, so don't kid yourself about its value. But since you were in early, Amlak is ... John from London, 03 October 2010, 13:09:18 ( UAE Time )

Let the games begin
This is History Now: I would have agreed with the author, if this report was published two weeks ago. Things were not in order in Games Village as the company involved (A ... Naveen Shetty from Dubai, 03 October 2010, 12:51:23 ( UAE Time )

Dubai ruler says ‘We are back’ after debt accord
Negativity and facts are rather different fish: While the negativity has been draining, simply stating the facts is not a sin. Dubai has learned a massive amount from the collapse, and clawing its w... John from London, 03 October 2010, 12:48:55 ( UAE Time )

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