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5 ArticlesDubai

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Dubai’s “First Foreclosure”

We bring you the 65,000’th post in the blogosphere informing you of impending doom because, hold your breath, someone managed to foreclose a mortgage in ...

Dubai Bailed Out

Dubai: Bailed out by Abu Dhabi Abu Dhabi stepped in to help fellow United Arab Emirates member Dubai with a $10 billion injection, of which $4.1 billion was ...

Dubai Again, A WTF Remittance Scare

Bloomberg: India Studying Impact of Dubai’s Debt Delay Plan: India, the world’s top recipient of migrant remittances, is examining the effect Dubai’s ...

Dubai World Seeks To Delay Debt Payment, The World Shivers

Picture this: Dubai World, an entity owned by the Dubai government, has borrowed about $60 billion. It’s not in great shape, so it asks its lenders for a ...

Dubai's Dreams in Tatters

Newsweek: Dubai’s last hurrah “It’s a tragedy in the making,” said a senior executive with one of the city’s biggest ...