Breaking News » Dubai

Hamas Blames Israel For Dubai Death Of Militant Mahmud Abdel Rauf al-Mabhuh

admin — Fri, 29 Jan 2010 08:49:32 +0000

“The Islamist Hamas movement blamed Israel on Friday for the death in Dubai earlier this month of one of the founders of its military wing, Mahmud Abdel Rauf al-Mabhuh. ‘Mabhuh died a martyr in Dubai on January 20, 2010 in suspect circumstances that require an inquiry in cooperation with the United Arab Emirates authorities,’ Hamas said in a statement released in its Gaza stronghold.” Link

Dubai Stocks Drop After Debt Warning

admin — Mon, 30 Nov 2009 07:53:29 +0000

“Dubai’s main stock exchange dropped nearly 6 percent on Monday, the first day of trading since officials went public with the city-state’s huge debt crisis. Shares in debt-ridden Dubai World were off more than nearly 15 percent in early trading Monday when the market opened.” Link

Dubai Running Out Of Money

admin — Fri, 27 Nov 2009 06:36:40 +0000

“The government of Dubai, in a blunt acknowledgment of the severity of its financial position, said on Wednesday that it had asked its banks for a six-month stay on its schedule of debt repayments. ” Link