Resources
More in this section
Principal content
Dubai World bondholders step up pressure
Lawyers representing holders of sukuk bonds from Nakheel, the real estate unit of Dubai World, are expected to reject any attempt by the government-owned holding company to call a standstill on its debts
Dubai ruler’s racehorse buying spree falters
Sheikh Mohammed’s passion for horses may become a casualty of his emirate’s debt crisis
S&P downgrades Dubai banks
Standard & Poor’s, the rating agency, has downgraded a clutch of major Dubai-based banks due to their exposure to a troubled state-owned conglomerate
Builders weigh cost of Dubai’s debt woes
International construction groups warn they will have to revisit contracts they had thought to be state-supported
Analysts see need for UAE banking aid
The United Arab Emirates may have to do more to support its banks and prevent the woes of a leading Dubai-owned conglomerate from causing losses and derailing a tentative economic recovery, say bankers and analysts
Netanyahu faces rightwing protests
The Israeli prime minister is under mounting pressure from rightwing activists and settlers, who are furious at his decision to impose a partial construction freeze on Jewish settlements in the occupied West Bank
Netanyahu faces Right-wing protests over settlement freeze
Israeli leader criticised for agreeing a partial halt to Jewish settlement construction in occupied territory
Israel strips thousands of Palestinians of Jerusalem residency rights
More residence permits revoked in 2008 than in any other year since 1967 war
Egypt’s Muslim Brotherhood split
Banned opposition party faces dilemma over next year’s parliamentary elections
Sukuk restructuring crunch-point looms
Dubai World’s call for a standstill agreement with creditors has begun a vital process, with many trying to work out the rights of creditors and how the restructuring might play out
Related content and features
Comment
Atonement for Dubai excess
Executives have lost their jobs amid pressure for a return to a more conservative style, says Simeon Kerr
Viewpoint
Use Gulf oil wealth prudently
Revenues should be invested effectively to ensure long-term economic development, says Andrew Cunningham
Markets Watch
Qatar diversifies with bond issue
The country issuing the largest emerging market bond issue could have borrowed more, writes Robin Wigglesworth
