riskandforecast

Dubai World

Risk Watch  01/04/10

Dubai World restructuring deal offers no long-term solution

Dubai government appears to have solved an immediate debt repayment issue as it effectively takes control of some Dubai World entities....
Risk Watch  01/03/10

Dubai World debt proposal still not finalized

Contradictory remarks by the Dubai government and Dubai World are further indication that issues of governance, transparency and communications are not being addressed....
 
Risk Watch  01/03/10

Nakheel may defer repayment of sukuks maturing in May

Nakheel has indicated that it may not pay back the Islamic bonds – sukuks, which mature in May 2010. A default by Nakheel could trigger an array of downgrades of Dubai government-related entities....
Dubai  15/02/10

British Business Secretary Calls Dubai to Solve its Problems

The call by British Business Secretary Lord Mandelson calling on Dubai to resolve its debt problem puts further pressure on Dubai to put its act together....
 
Risk Watch  16/12/09

Dubai Government says it will not guarantee debts of Dubai World

The reaction of Dubai government sources after the announcement of the Dubai World debt standstill has only contributed to further shaking the confidence in the way the emirate’s economy is run....
Risk Watch  16/12/09

Emaar and Dubai Holding call-off merger plans

The calling-off of the merger talks between Emaar and Dubai Holding is seen as a necessary move to limit the damage of the debt standstill....
 
 

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