United Arab Emirates, Dubai Debt | featured news

(Image from article: "Abu Dhabi Won't Bail Out Dubai")

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Dubai Debt Topics

U.A.E. Pledge Calms Markets but Dubai Fears Remain

Wall Street shares were slightly lower as investors tried to assess the fallout from Dubai’s debt crisis as well as retail sales from the kickoff of the Christmas shopping season.

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U.A.E. Will Support Banks in Dubai Credit Crisis

The United Arab Emirates central bank said it stood behind domestic and foreign banks operating in Dubai after a recent announcement about Dubai World’s debt.

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Abu Dhabi Won't Bail Out Dubai

Abu Dhabi, wealthy capital of the United Arab Emirates, will "pick and choose" how to assist debt-laden neighbor Dubai, a senior official said on Saturday, after fears of a Dubai default sent global markets reeling.

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