Fears of investment arm defaulting on $60 billion debt felt in NYC, London. People practice golf in Dubai, United Arab Emirates as U.S. investors recoiled from risky assets on Friday and dumped shares ...

Dubai World’s restructuring shows investors cannot make any easy assumptions when it comes to quasi-sovereign debt. By Sudip Roy. ‘Read the small print’ should be the mantra of any investor in any ...

GCC banks are on course to set another record in US dollar debt issuance this year, with the UAE playing a pivotal role in the region’s expanding capital markets. According to Fitch Ratings, total ...

DUBAI, United Arab Emirates (AP) — An indebted Dubai real estate developer says it will repay more than half a billion dollars in money owed to banks and trade creditors as part of its financial ...

The UAE federal government and individual emirates are expected to issue a combined $18 billion in local currency loans this year as part of efforts to build a domestic debt yield curve, repay ...

The crisis sent the world's third largest oil exporter into a downturn last year, its first since 1993, while Dubai debt woes are seen weighing on the Gulf country's recovery in 2010. The IMF said ...