Dubai World

Just as there were signs that Dubai might be climbing out of its debt hole, Credit Suisse has released a report that puts the size of the emirate’s…

Less than a year after Dubai World holding company shocked global investors by asking to delay repayment of its debt, money from abroad is flowing…

Two years ago, on September 15, 2008, Lehman Brothers, one of the oldest and largest investment banks in the United States, went bankrupt. One of the…

CAIRO – Mideast and North African oil exporters will see a “strong recovery” in 2010, pulled ahead by increasing capital inflows and oil prices, the…

The economic recovery in the euro area is gathering momentum, albeit at a modest pace, according to the quarterly report on the euro area published…

Dubai inaugurated Burj Dubai, the world's tallest building, with a spectacular display of sound, light, water and fireworks on Monday. Burj Dubai, a…

A company owned by the Dubai government is buying the loss-making cargo and ground-services operations at London's Heathrow Airport - just a week…

Israeli shares are likely to outperform other emerging stocks at least until the "dust settles" in Dubai, buoyed by its strong currency and resilient…

For years, Dubai seemed unstoppable, an oasis of excess boasting indoor ski slopes and manmade islands, the world's tallest tower and dreams that…

The United Arab Emirates' central bank said Sunday it would offer additional liquidity to banks, signaling a push by the federal government to…

Asian stock markets tumbled Friday as the dollar continued its slide against the Japanese yen and worries over losses from Dubai's debt problems…

Just a year after the global downturn derailed Dubai's explosive growth, the city is now so swamped in debt that it's asking for a six-month reprieve…

A $10 billion bailout from neighbor Abu Dhabi threatens to cost Dubai its autonomy and the free-wheeling economic system that helped establish it as…

In the dunes around this sun-scorched desert village, where camels still plod along dusty roads an hour south of Dubai's skyscrapers, they're making…

It's the latest word in Persian Gulf excess: a $1.5 billion resort boasting a $25,000-a-night suite and dolphins flown in from the South Pacific -…

As US shares continue to fall and the American economy reverberates with fears that a subprime-mortgage-driven recession has begun, affluent Gulf…

Iron rails for the future roller coaster lay around the site, rusting. Just like bright-colored vehicles and boats for the different water-rides.…

The New Frontier casino-hotel was imploded early Tuesday, giving a violent end to the second property to open on the Las Vegas Strip. The 16-story…

He did it again. Less than three months on the job, Iran's zealous president made another diplomatic gaffe, which may cost his country dearly.…