Dubai
The relationships between the GCC and Iran have deteriorated on a number of fronts....
Dubai appears to be benefiting from the regional unrest as regional investors move funds to Dubai....
The UAE and the emirate of Dubai in particular are likely to experience a mini-boom as a result of the regional situation....
Leading Dubai developer Union Properties posts massive losses in 2010, leading to a sharp decline of shares prices for other developers in the UAE as well. ...
Reports that The World Island in Dubai is sinking, coupled by news of unprecedented retail vacancies in Dubai will add further pressure to the Dubai real-estate market....
Stock markets across the GCC have tumbled as a result of the demonstrations in Egypt....
Dubai government-affiliated Zabeel group is seeking to restructure over US $1.6 in debt, as the government hints at privatization of infrastructure companies....
Negative news about two of the UAE’s leading companies threaten to shake economic confidence in the country....
The increase of oil price to over US$ 90 per barrel is a positive development for all GCC states and Yemen....
The US diplomatic cables published by wikileaks is likely to increase the risk of Iranian or Shiite attacks against some GCC states, who are claimed to have pushed the US to bomb Iran....
The announcement that Dubai is now planning to consider selling some of its assets is confirmation that the emirate has given up on trying to resolve its crisis with help from Abu Dhabi....
Dubai Group is reported to have defaulted on two payments. This will erode any regain of credibility that the emirate tried to build over the past year, since the Dubai World crisis. ...
Dubai has successfully accessed the international bond market again, raising US $ 2 billion from international investors....
Dubai government’s first bond sale since the emirate announced it was unable to repay its debt and the positive manner in which this has been received is positive news for Dubai....
The announcement by Dubai World that it has agreed with most of its creditors on debt restructuring is a positive piece of news that will help Dubai move past the economic crisis....
The announcement that Dubai World will be prepared to sell its “prized assets” to pay off its debt indicates the government-owned entity has been unable to secure support from Abu Dhabi....
Dubai's announcement that it plans to start a stock market for small and medium size companies is a good move in consolidating Dubai's position....
Nakheel has presented an offer to creditors to restructure the debt. This is seen as a cautiously positive move....
The UAE and Dubai economies appear to be decoupled. The UAE is projecting growth of up to 4% next year, while Dubai continues to slump. Further contraction in Dubai is expected this year....
Dubai International Group, part of Dubai Holding, has announced it plans to ask for a standstill on payments on loans that are due in June....