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Ahmad Bin Saeed Al Maktoum

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Dubai ruler tweets in Malayalam, Pinarayi replies in Arabic, Gulf expats go ecstatic

 A tweet in Malayalam by Sheikh Mohamed bin Rashid Al Maktoum, vice president and prime minister of the United Arab Emirates and ruler of Dubai, soon after his meeting with Kerala Chief Minister......

Emirates airline may look at investing in India carrier

 Dubai-based Emirates airline has indicated that it may look at investing in an Indian carrier, as India's government is mulling to allow foreign airlines to buy stakes in domestic carriers."The......

Dubai to allow public equity in state-run cos

 The Dubai government said it is planning to open leading Dubai-owned companies for public equity participation in order to restructure those hit hard by the financial crisis. Shaikh Ahmad Bin......

Dubai govt to pump $9.5 bn in Dubai World

 The Dubai government will pump in $9.5 billion into the debt-laden conglomerate Dubai World, which submitted its plan to restructure debt worth $23.5 billion to its creditors. As part of its......

Abu Dhabi gives Dubai $10 billion to cover debt

 The Dubai government said on Monday that Abu Dhabi has agreed to give $10 billion in emergency funds that will go toward paying debts owed by its Dubai World conglomerate. It said $4.1 billion of......

Dubai govt to pump in resources to beat crisis

 The Dubai government on Friday promised to pump in all necessary resources to ensure long-term success of Dubai World, even as the state-owned investment holding firm's huge debts adversely......

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