Finance Links

Dubai’s fight for economic survival has created a fast-track avenue for women
to step out from behind the shadows and take a leading role in rescuing the
emirate from its testosterone-fuelled past, say the region’s business
leaders.

Talks between credits and Dubai World over restructuring the conglomerate’s $26bn debt pile have made “progress”, according to Lord Davies, the UK trade minister.  While…

The debt shenanigans at Dubai World are keeping analysts, investors and the financial media quite busy.

In the latest issue of Moody’s Weekly Credit Outlook, the rating…

Further developments in the Dubai World restructuring saga.

The Dubai government is no longer seeking preferred creditor status, according to Reuters. If true, that removes a…

Markit’s Gavan Nolan wrote this CDS report

[/caption]Credit was…

European credit markets are flashing the most serious warnings signs in a year
as the yields on risker bonds rise sharply and a string of companies cancel
share flotations, raising fears that the recovery may falter in coming
months.

Fresh jitters in Dubai on Monday morning.

RTRS-DUBAI FIVE-YEAR CREDIT DEFAULT SWAPS RISE TO 651 BPS FROM 627 AT FRIDAY CLOSE-CMA

RTRS-DUBAI  FIVE-YEAR CDS RISE ABOVE NOV 2009…

A senior UK minister has warned Dubai that time is running out as it seeks to negotiate a standstill deal with bank creditors over more than $22bn in debts at the Dubai World group….

UK Business Secretary urges leaders to come up with a plan to restructure its
debt and pull itself out of economic danger.

Something’s up in Dubai, and we were hearing on Friday that it just might have something to do with our favourite palm-tree island maker, Dubai World’s Nakheel.

As…