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A planned merger between Islamic mortgage lenders and Taweel will begin in January, the Minister of Economy Sultan Bin Saeed Al Mansouri said on Tuesday. Dubai-based Amlak and Tamweel, whose shares were suspended in November,... [read full story]
NEW YORK, NY--(Marketwire - 11/25/09) - Bronstein, Gewirtz & Grossman, LLC announces that a class action has been filed in the United States District Court for the Northern District of Texas on behalf of those who purchased or...
The Dubai government could be forced to hold a firesale of its international real estate if creditors to two of its flagship companies reject proposals to put nearterm debt obligations on ice until May 2010.
On Saturday, South Korean consumers will finally be able to get their hands on an Apple iPhone – more than two years after the top-selling smartphone launched in the United States. (There's something to be said for drumming up...
Banks outside the Gulf played down on Friday their exposure to Dubai debt, after fears the emirate could default and even derail world economic recovery prompted a sell-off in global markets. Stocks from Tokyo to London were...
