Crisis in Dubai is over, says official

According to a report by Reuters, the United Arab Emirates’ foreign minister said Share

Dubai brings down the world

The Dubai government stirred up markets this week by its decision to delay the debt payments which its flagship holding company and corporate biggie, Dubai World owes. Share

Dubai hit hard by financial crisis

Once the epicentre of global boom with skyscrapers rising into the sky like mushrooms, today Dubai resembles a hungover partygoer. Retail stores displaying “80% off” discount signs in their stores and talk on the street about companies repatriating...