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    1. July 12, 2015

      Dubai’s Drydocks World hires Citi for $2.3bn debt restructuring

      Dubai’s Drydocks World has hired Citi to help restructure debts of around $2.3bn as the emirate exploits low interest...

    2. January 12, 2015

      Dubai World secures deal to restructure $14.6bn debt

      Dubai World has secured the agreement of “a substantial majority” of creditors for a restructuring of $14.6bn in debt,...

    Special Reports

    1. Special Report: FT View

      The capital of the United Kingdom has welcomed migrants since Roman times and now this...
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    1. November 27, 2014

      Dubai World moves to restructure debt mountain

      Dubai will next week present proposals to extend restructured loans at one of its largest conglomerates, taking...

    2. November 13, 2014

      DP World to buy Jebel Ali for $2.6bn from Dubai World

      Dubai ports operator DP World has agreed to pay $2.6bn to buy sister company Jebel Ali Free Zone, easing pressure on...

    3. September 12, 2014

      Sheikh Ahmed: the man who put Dubai on the global aviation map

      In 1985 Sheikh Ahmed bin Saeed al-Maktoum, a Denver University graduate, was selected to start up Dubai’s Emirates...

    4. July 4, 2014

      Dubai World in talks to extend term of $10.5bn loan

      Dubai World is in talks with creditors to extend a $10.5bn debt maturity due in 2018, sparking divided reactions among...

    5. May 12, 2014

      Dubai International Capital to sell Mauser for $1.7bn

      Dubai International Capital has agreed to sell Mauser Group for about $1.7bn as the state-linked private equity group...

    6. May 7, 2014

      Investment Corporation of Dubai reveals first financial results

      Dubai’s state holding company has for the first time revealed financial results, as the Gulf emirate seeks to tempt...

    7. November 13, 2013

      Dubai to repay debt as economy strengthens

      Dubai state-owned entities are closing in on deals to purchase indebted domestic assets controlled by Dubai World, the...

    8. September 3, 2013

      Dubai World in talks to offload stake in Goldfinger hotel

      Dubai is in advanced talks to offload its stake in Miami Beach’s Fontainebleau hotel, which featured in the James Bond...

    9. August 29, 2013

      DP World: building resilience

      Remember the fuss in 2006 that forced DP World to sell its portfolio of US assets after buying P & O? That might have...

    10. August 27, 2013

      Dubai Aerospace Enterprise in talks to merge US unit with BBA

      Dubai Aerospace Enterprise (DAE), the aviation finance and engineering group, has confirmed that it is in talks with...

    11. June 12, 2013

      Brookfield shows confidence in Europe as it plans €1.65bn spree

      The largest owner of office space in North America is planning a €1.65bn spending drive in Europe, as foreign investors...

    12. June 11, 2013

      Dubai World divests Gazeley logistics group

      Dubai World has sold one of its UK assets, marking its first major divestment since the indebted government-owned...

    13. May 2, 2013

      Creditors urge Dubai World to accelerate asset sales

      Creditors are pressuring Dubai World to speed up sales of assets such as its casino in Las Vegas and entertainment...

    14. March 20, 2013

      Asset sales help lift DP World profits

      Dubai Ports operator DP World reported a 21 per cent increase in 2012 net profit, as it sold assets and benefited from...

    15. March 11, 2013

      Dubai faces ‘pivotal year’, says Moody’s

      Dubai faces “a pivotal year” in 2014 as government debt repayments of $20bn loom, despite an uptick in the emirate’s...

    16. January 16, 2013

      New course for QE2 as investors come aboard

      Asian investors are set to invest in refitting the Queen Elizabeth 2 as a floating hotel, ending the five-year saga...

    17. November 28, 2012

      UK courts used for Kuwaiti debt workout

      Kuwaiti firm Global Investment House’s decision to use the UK courts could set a new precedent for debt restructuring...

    18. November 19, 2012

      Dubai hopes revival is built on solid foundations

      You feel it in the thickness of the traffic and in the bustle of the hotels and restaurants. You hear it in the rumours...

    19. October 17, 2012

      JPMorgan appoints public sector chief

      JPMorgan has hired Ahmed Saeed as head of public sector coverage for the Middle East. He will report to Abdulaziz...

    20. October 3, 2012

      Banking veteran joins Finance House

      Robert Mohamed, a 28-year banking industry veteran who used to be the top investment banker at National Bank of Abu...

    21. beyondbrics

      September 13, 2012

      Dubai's creditors: playing chicken

      Sorting out Dubai Group’s $10bn debts was always going to be tougher than most negotiations over the emirate’s total...

    22. September 12, 2012

      Banks in legal action against Dubai Group

      Three banks, including the Royal Bank of Scotland, have launched legal proceedings against a Dubai investment firm,...

    23. September 10, 2012

      Advisory firms in Dubai hunt for income

      Boutique investment advisers once buoyed by dreams of a lasting deal bonanza after Dubai’s financial turmoil are being...

    24. September 3, 2012

      Dubai Drydocks protected in landmark case

      Drydocks World, Dubai’s ship overhaul company, made history last week in a case that used specialist insolvency...

    25. August 29, 2012

      Abu Dhabi goes full sail for port upgrade

      Abu Dhabi will launch the first phase of its new multibillion-dollar Khalifa Port on Saturday, as the oil-rich capital...

    26. July 23, 2012

      Dubai set to release British businessman

      British businessman Safi Qurashi is set for release after a panel of Dubai judges found him innocent of most charges...

    27. July 20, 2012

      Dubai government replaces Istithmar board

      Dubai’s government has replaced the entire board of one its investment funds just a fortnight after they were...

    28. July 18, 2012

      Palmer steps down from Qatar film role

      Amanda Palmer, who since 2009 has been the most visible figure in Qatar’s effort to develop a film industry, has...

    29. beyondbrics

      July 10, 2012

      Dubai restructuring goes awry

      Things have been going Dubai’s way of late. The emirate may still have a debt burden of $110bn but its state-related...

    30. July 9, 2012

      Dubai property group close to debt deal

      Limitless, the property arm of Dubai state-owned conglomerate Dubai World, is nearing a deal to restructure $1.2bn in...

    31. July 2, 2012

      Dubai to refit Queen Elizabeth 2 as hotel

      Dubai plans to refit the Queen Elizabeth 2 as a 300-room hotel, ending five years of uncertainty over the fate of the...

    32. July 2, 2012

      How developer weathered storm in paradise

      Nakheel’s chairman, Ali Rashid Lootah, says the Dubai property developer and its peers have benefited from the...

    33. June 27, 2012

      Drydocks World ties up with Asian group

      Drydocks World, the Dubai ship-repair company, has agreed to form a joint venture with the Kuok Group’s Pacific...

    34. May 8, 2012

      Dubai fund gives up control of Barneys

      Dubai’s sovereign wealth fund has given up control of luxury retailer Barneys New York, dealing a blow to Istithmar...

    35. May 3, 2012

      Dubai plans to build underwater hotel

      Dubai has announced plans to build an underwater hotel, in a sign that the emirate is shaking off its financial crisis...

    36. beyondbrics

      April 26, 2012

      Dubai's re-return to the bond market

      We’re not in 2009 any more, Toto. Dubai’s second sovereign bond issue since its debt crisis and near-default went ahead...

    37. beyondbrics

      April 19, 2012

      Dubai debt: don't mess with the emir

      Dubai Inc is well on the way to completing $34bn in debt restructuring triggered by the 2009 financial crisis thanks...

    38. beyondbrics

      April 5, 2012

      Dubai restructuring: squeezing lenders

      The lawyers have been busy this week in Dubai’s crowded debt-restructuring market. First, debt-laden ship repairer...

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