Suq Al Mal

Nakheel has issued a press release (to Reuters) stating that CDG's lawsuit will not delay its reaching a settlement with trade creditor...

Tom Arnold over at The National has an article on the pain likely to come from Nakheel and Dubai Holding restructurings. As well as a few...

Photograph Ivanlo   Released to the Public Domain  How often do you hear about companies that advertise services that they really don'...

According to Bradley Hope at The National , Sorouh Real Estate has introduced a "rent-to-buy" scheme for commercial tenants at i...

The National carries an article today about DIFC Investments loss.   Beyond the details, this is another sign that the economic distress i...

Sewage floods a road in the Russia and England area of International City yesterday.   Paulo Vecina / The National That is a heck of a lot...

DHOC announced that it was voluntarily suspending its listing due to failure to provide 31 December 2009 financials within the mandated tim...

As reported by the Khaleej Times .  Some rather expensive non existent pens.

There's been some commentary on the princely interest rate that Nakheel was reported to be offering its trade creditors - 10% - compared...

The Nationa l reports that some 700 investors in Palm Jebel Ali are unhappy with the alternatives presented under Dubai World's restruc...

Several Gulf papers have carried headlines relaying what are described as supportive IMF comments on Dubai World's proposal. Here The N...

Frank Kane and Asa Fitch have an article over at Abu Dhabi's The National " Dubai Government hits back at critics of $24.8bn debt...

Sometimes I think that newspapers and bankers have a soft spot for Suq Al Mal.  How else to explain this article from The National. And in...

DW has finally released its debt restructuring proposal.  The creditors have the details.  We have  somewhat less in the form of press rele...

According to press reports, Wednesday afternoon Aidan Birkett presented Creditors' Committee with restructuring proposals, described as...

AlQabas reports that six individuals are under investigation for corruption - four employees of Nakheel and two from a private company ov...

Here's an interesting and humorous (unless you're a lender) post from Ken over at Wall St WTF . 

The National has an article describing the various options to be offered creditors of Dubai World which contains some real howlers: Credi...

According to Gulf News , recent discussions suggest that the rescheduling may just an extension of maturities with no haircuts or other fea...

The National reports that DW is planning meetings with local creditors - Abu Dhabi Commercial Bank and Emirates National Bank.  These mee...