Dubai: Closing the back door
As the emirate becomes a front in the fight to curb Tehran’s nuclear programme, global sanctions are exacting a heavy price from legitimate Iranian businesses
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Dubai financial crisis
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The emirate has finally unveiled a debt-restructuring plan for its troubled conglomerate, Dubai World, hoping that the wider stimulus effect on the local economy will restore its reputation as the Gulf’s commercial hub
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Dubai budgets for 5% cut in spending
Dubai’s government has approved a budget with a 5% cut in spending. The finance department said the deficit would reduce to Dh3.8bn ($1bn) from a projected Dh6bn in 2010
Nakheel wins right to reclaim contractor fees
Ruling comes amid failure to agree on amount
Dubai Holding looks to clear debt cloud
Restructuring deals sealed
Dubai tribunal blocks Nakheel bid on fees
Ruling could trigger a wave of further claims
Bin Sulayem exit ends tumultuous era
Emirate now emerging from Dubai World troubles
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 | Lex: Dubai World Richard Stovin-Bradford analyses Dubai World’s debt restructuring plan that includes a commitment to pump $9.5bn into the company and Nakheel, its development arm |
 | Dec 1: Prepare for more crises like Dubai’s Gary Jenkins, head of fixed income research at Evolution securities, tells David Oakley, FT capital markets correspondent, investors must prepare for more debt standstills such as Dubai‘s |
Comment and analysis
Dubai: A trade to ply
As it moves to shake off its debt battering, the emirate sees its future in its traditional role as a commercial hub, not a property hotspot – though risks linger
UAE faces long-term test of unity
The federation’s greatest worry is the yawning wealth gap between its various emirates, writes Roula Khalaf
Dubai World’s blueprint
The conglomerate’s return to favour with its creditors is a model for local strugglers to follow, writes Andrew England
Dubai does better
Dubai has learnt from the November debacle, but it must go further. At the very least, investors need access to more information on the local economy and the state finances
Dubai’s lifeline
Dubai has come out of it surprisingly well. Investors now know that the state is solvent, and to distinguish between the emirate and its institutions
Dubai restructuring just a start
The emirate must go further in terms of transparency and checks and balances, says Andrew England
Gulf states solid in the long term
The long-term investor should not be overly-perturbed by the recent negative events in the Gulf, says Emad Mostaque at Pictet Asset Management
The murky Gulf
Dubai is the most modern of global cities, yet its attitude to transparency is medieval. That is why markets have been baffled by its recent problems. Investors do not know how to gauge them
Dubai crisis throws the spotlight on analysts
Though regulators and officials have avoided chastising analysts company bosses have not held back
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