LONDON — Of the many countries that gorged on debt in the boom years, Dubai stood out. In the space of a few years the emirate’s investment arm, Dubai World, racked up about $60 billion in debt ...
An expert has said there's no going back for the city, which was until recently seen as a safe, rich, tax-free oasis.
There has been a significant surge in Chinese tourists to Dubai, the city's Department of Economy and Tourism (DET) said during a roadshow in Shanghai last week. According to Saud Hareb Al Mheiri, ...
Dubai may have to step up asset sales and government borrowing as a heavy debt repayment schedule for state linked companies over the next few years puts pressure on government finances. As the Gulf ...
DUBAI (Reuters) - Dubai World is likely to press for more time to restructure its $22 billion debt so markets can recover, which will ease credit conditions and enable it to sell assets at higher ...
DUBAI (Reuters) - Dubai may have to step up asset sales and government borrowing as a heavy debt repayment schedule for state-linked companies over the next few years puts pressure on government ...
Dubai: Dubai’s economy is forecast to expand by 4.5% in 2026, maintaining the same pace as 2025 and outperforming global growth trends, Emirates NBD said in its latest economic outlook. The expansion ...
Mohammed A.R. Falaknaz, Vice-President, International Expo Consultants (IEC), Dubai, said: "The infrastructure and logistical facilities, the hospitality industry, together with a host of attractive ...
Rental rates in Dubai rose by an average of 17 percent over the last 12 months, with some of the most popular areas rising by nearly a quarter, according to research by real estate consultancy CBRE.
The World Cities Culture Summit will provide cultural and creative city leaders with a vast platform to exchange ideas and knowledge, exploring the role of culture in shaping sustainable future cities ...
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