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Utility faces $2B debt demand  Dubai: The credit downgrades of government-owned companies have triggered a payment clause on a debt issued by the emirate's utilities provider Stocks plunge as debt crisis fears continue  Dubai: Shares in Dubai's and Abu Dhabi's main stock markets dived at least 6% after property developer asked for trading to be suspended Dubai debt woes 'a drama, but no crisis'
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Entertainment (1) Aviation Business (1) High Tech Business (3) Construction (2) Energy Business (1) Financial (4) Stocks (1) Labor Conflict (1) Maritime (1) Burj Khalifa (2)
2013 (2) 2010 (2) 2009 (5) 2008 (5) 2007 (1) 2006 (1)
Dubai (11)
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S. Korea win $20B nuclear power contract  The Korean-led group of companies has won a contract to develop civilian nuclear power plants , beating French, US and Japanese rivals Abu Dhabi gives Dubai $10bn to pay debts
Dubai chosen to host World Expo 2020  Dubai has been chosen to host the World Expo trade convention in 2020 - beating off rival bids from Brazil, Turkey and Russia First passengers arrive at Dubai's newest airport Map of Al Maktoum International Airport United Arab Emirates  The passengers have arrived at Al Maktoum International Airport, part of the UAE plans to become an even bigger air travel destination UAE to suspend some BlackBerry services  The United Arab Emirates will suspend some BlackBerry services starting October 11, 'in line with the UAE's telecommunications regulations' Tallest structure Burj Khalifa opened


year 2013 Top ^

Nov.27  
Oct.27


year 2010 Top ^

Aug.1  
Jan.4
  Dubai: The tallest man-made structure ever built, at 828 m Construction began on 21 September 2004, with the exterior completed on 1 October 2009


year 2009 Top ^

Dec.28  
Dec.13
  Dubai's government has been given a handout from United Arab Emirates neighbour Abu Dhabi to help it pay off its debts

Dec.8
Nov.29
Nov.27
  Market experts say the debt revelations will not lead the global economy back into recession, but have seriously damaged the Emirate's standing


year 2008 Top ^

Sep.1 Manchester City 'sold' to Abu Dhabi group   Northern England: Manchester City have agreed to a takeover by a UAE business group, a deal that will end former Thaksin Shinawatra's brief ownership Jul.6 UAE to cancel all of Iraq's $7B debt
  Dubai: Dubai has forgiven the nearly $7 billion Baghdad owes it, Iraqi Prime Minister al-Maliki announced
Jun.25 'Shape-shifting skyscraper' unveiled   Dubai: Ambitious plans to build a 420-meter 80-story Dynamic Towe, world's first building in motion, have been unveiled by architects Feb.1 Third undersea Internet cable cut
  A cable was cut off the emirate of Duba, the third loss of a line carrying Internet and telephone traffic in three days.
Jan.31 Internet failure hits two continents   India: Large swathes of Asia, the Middle East and north Africa had services crippled following a widespread Internet failure

year 2007 Top ^

Oct.30   Tallest building workers on strike  Dubai: A strike by construction workers stretched into a 3rd day, with workers are demanding better pay and working conditions

year 2006 Top ^

Mar.9   Dubai firm to 'transfer' US ports
  Dubai Ports World is to transfer its US ports business to a 'US entity' to end a row over its takeover


Bad Economic News Main Event: Dubai debt woe...
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B. 2013-11-27 Dubai chosen to host World Expo 2020 Dubai
C. 2013-10-27 First passengers arrive at Dubai's newest airport Al Maktoum International Airport, Dubai
D. 2010-08-01 UAE to suspend some BlackBerry services United Arab Emirates
E. 2010-01-04 Tallest structure Burj Khalifa opened Dubai
F. 2009-12-28 S. Korea win $20B nuclear power contract United Arab Emirates
G. 2009-12-13 Abu Dhabi gives Dubai $10bn to pay debts Abu Dhabi
7. 2009-12-08 Utility faces $2B debt demand Dubai
8. 2009-11-29 Stocks plunge as debt crisis fears continue Dubai
2009-11-27 Dubai debt woes 'a drama, but no crisis' Dubai



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Abu Dhabi gives Dubai $10bn to pay debts




United Arab Emirates, Business Financial Timeline ... See World Financial timeline Top ^
2009
Dec.13
  Dubai's government has been given a handout from United Arab Emirates neighbour Abu Dhabi to help it pay off its debts
Dec.8 Utility faces $2B debt demand  Dubai: The credit downgrades of government-owned companies have triggered a payment clause on a debt issued by the emirate's utilities provider Nov.27 Dubai debt woes 'a drama, but no crisis'
  Market experts say the debt revelations will not lead the global economy back into recession, but have seriously damaged the Emirate's standing
2008 Jul.6 UAE to cancel all of Iraq's $7B debt
  Dubai: Dubai has forgiven the nearly $7 billion Baghdad owes it, Iraqi Prime Minister al-Maliki announced




United Arab Emirates, Business Aviation Business Timeline ... See World Aviation Business timeline Top ^
2013 Oct.27 First passengers arrive at Dubai's newest airport
Map of Al Maktoum International Airport United Arab Emirates  The passengers have arrived at Al Maktoum International Airport, part of the UAE plans to become an even bigger air travel destination



United Arab Emirates, Business Maritime Timeline ... See World Maritime timeline Top ^
2006 Mar.9 Dubai firm to 'transfer' US ports  Dubai Ports World is to transfer its US ports business to a 'US entity' to end a row over its takeover



United Arab Emirates, Business Construction Timeline ... See World Construction timeline Top ^
2010 Jan.4 Tallest structure Burj Khalifa opened
  Dubai: The tallest man-made structure ever built, at 828 m Construction began on 21 September 2004, with the exterior completed on 1 October 2009
2008 Jun.25 'Shape-shifting skyscraper' unveiled   Dubai: Ambitious plans to build a 420-meter 80-story Dynamic Towe, world's first building in motion, have been unveiled by architects



United Arab Emirates, Business Stocks Timeline ... See World Stocks timeline Top ^
2009 Nov.29 Stocks plunge as debt crisis fears continue  Dubai: Shares in Dubai's and Abu Dhabi's main stock markets dived at least 6% after property developer asked for trading to be suspended



United Arab Emirates, Business Labor Conflict Timeline ... See World Labor Conflict timeline Top ^
2007 Oct.30 Tallest building workers on strike  Dubai: A strike by construction workers stretched into a 3rd day, with workers are demanding better pay and working conditions



United Arab Emirates, Business Entertainment Timeline ... See World Entertainment timeline Top ^
2013 Nov.27 Dubai chosen to host World Expo 2020  Dubai has been chosen to host the World Expo trade convention in 2020 - beating off rival bids from Brazil, Turkey and Russia



United Arab Emirates, Business Energy Business Timeline ... See World Energy Business timeline Top ^
2009 Dec.28 S. Korea win $20B nuclear power contract  The Korean-led group of companies has won a contract to develop civilian nuclear power plants , beating French, US and Japanese rivals



United Arab Emirates, Business High Tech Business Timeline ... See World High Tech Business timeline Top ^
2010 Aug.1 UAE to suspend some BlackBerry services  The United Arab Emirates will suspend some BlackBerry services starting October 11, 'in line with the UAE's telecommunications regulations' 2008 Feb.1 Third undersea Internet cable cut
  A cable was cut off the emirate of Duba, the third loss of a line carrying Internet and telephone traffic in three days.
Jan.31 Internet failure hits two continents   India: Large swathes of Asia, the Middle East and north Africa had services crippled following a widespread Internet failure