Construction
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. ...
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....
The revival of the Omani flagship project, Blue City, is an indication that Oman’s economic diversification plans are back on track....
The eminent liquidation of the Blue City project represents the failure of the country’s flagship and first venture into master-plan developments....
The UAE ministry of labour has stopped 800 of the country’s large companies from hiring staff. This came as a result of the ministry’s efforts to address non-payment of wages to staff....
Public attention is focused on the special operations against organized crime. These operations will allow GERB to establish a normal chain of command in the security services....
Despite the eternal bickering, the situation in the coalition and parliament is essentially stable. An imminent political crisis, government reshuffle or leadership change is not on the horizon....
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....
The stoppage of work by Arabtec on Nakheel projects indicate that the Dubai problems in general are far from over and that chances of a quick recovery are remote....
The Czech economy unexpectedly contracted 0.6% in the fourth quarter of 2009. This followed two quarterly increases that had pulled the country out of recession....
The government presented its plan to tackle the budget deficit and soaring government debt at the beginning of February....
Romania’s economy is on the path to recovery at long last, but the government still faces a rough road ahead....
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....
Kuwait's parliament last week passed a $104bn four-year development plan, the first for decades, proposed by the government....
While the decision to establish diplomatic relations with Kosovo has heightened tensions with Serbia in the short term, the move scored political points in both Washington and Brussels....
The government of GERB experienced its first international failure with the poor performance and the followed withdrawal of the initial Bulgarian EU Commissioner-Designate Rumiana Jeleva....
Construction output plunged 21.9% in November 2009 compared to the same month a year ago, according to preliminary data from the Bulgarian National Statistical Institute published on January 11....
Montenegro in 2009 saw positive developments in its bid to EU-accession. However, the economic outlook hasn't improved for 2010, which forecasts numerous conflicts in the new year....
Bahrain has announced that US $3.5 billion have been invested in its industrial city, which is under construction. The city is an integral part of the country’s plans to diversify its economy....
Dubai’s Union Properties new Chairman announces that the company does not need government assistance. However, over 1,000 construction workers have held a rare demonstration due to unpaid salaries....
Ungheria, ali tarpate per la Malev (February 4)
A Revised Portrait of Hungary's Right-Wing Extremists (February 3)
Verden er blevet mere udemokratisk (January 24)
Hungary PM backs down (January 20)
Circunscripciones a medida (January 19)
Uma lei eleitoral desenhada à medida do Fidesz (January 16)
