Tag Archives: Dubai

Developer Jailed In Dubai For Bad Checks – Corrections.com

Developer Jailed In Dubai For Bad ChecksCorrections.comBy realestatechannel.com The real estate developer who bought the "Britain" island in Dubai's the World project is facing seven years in jail for writing … read more

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UPDATE 3-Dubai’s Emaar to roll over $1.23 bln debt – Reuters India

ArabianBusiness.com UPDATE 3-Dubai's Emaar to roll over $1.23 bln debtReuters IndiaDU: Quote, Profile, Research) said it will roll over $1.23 billion debt maturing in 2010 into long-term project financing deals with analysts adding the …Emaar debt moveCalcutta TelegraphEmaar Properties to … Continue reading

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Dubai World, Nakheel Get $9.5 Billion Injection – Wall Street Journal

The Guardian Dubai World, Nakheel Get $9.5 Billion InjectionWall Street JournalAn aerial view of a cluster of man-made islands known as "The World" by real-estate developer Nakheel. …Dubai World lands $9.5 billion state bailoutTimes OnlineDubai World to get $9.5bn in … Continue reading

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Compensation victory for UK investor in Dubai for overdue real estate project – Property Community

Compensation victory for UK investor in Dubai for overdue real estate projectProperty CommunityA property investor has been awarded a refund for an office unit he bought in a project that is 20 months behind schedule after taking the developer to … Continue reading

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Great Britain Credit Crisis – Wall Street Journal

Great Britain Credit CrisisWall Street Journal… a follow-up to Dubai property developer Nakheel's nearby palm island, another reclamation and real-estate project that was completed in 2007, … and more » read more

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Dubai’s Union Properties posts third quarterly loss – Reuters India

Dubai's Union Properties posts third quarterly lossReuters IndiaDUBAI, Feb 15 (Reuters) – Debt-laden Dubai real estate developer Union Properties UPRO.DU suffered an expected third consecutive quarterly … and more » read more

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Abu Dhabi Realty Perturbed by Dubai World Crisis? – SYS-CON Media (press release)

Times Online Abu Dhabi Realty Perturbed by Dubai World Crisis?SYS-CON Media (press release)Being an eminent Abu Dhabi -based real estate developer, Kohli is well positioned to interpret the present-day and future projections of the property market …Dubai watchAsia Times OnlineUpstart … Continue reading

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A Quaking Brings No Collapse – New York Times

guardian.co.uk A Quaking Brings No CollapseNew York TimesA big commercial real estate developer in this country could follow the path of Dubai World and find itself unable to repay debts. …Upstart Dubai turns to staid Abu Dhabi for aidLos Angeles … Continue reading

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Dubai Crisis May Trigger Expat Job Losses – Wall Street Journal

Daily Star – Lebanon Dubai Crisis May Trigger Expat Job LossesWall Street Journal… announced it will seek a six-month payment freeze on debts of one of its biggest conglomerates Dubai World, which owns real estate developer Nakheel. …Dubai watchAsia Times … Continue reading

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Brothers in stubborn hubris and real estate greed: Dubai's Sheik Mohammed and … – Salon

Brothers in stubborn hubris and real estate greed: Dubai's Sheik Mohammed and …SalonBuiter's fundamental observation — that Dubai World is essentially a commercial real estate developer that overextended itself, and commercial real estate … and more » read more

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