Monday, November 30, 2009

more serious trouble with the unfolding Dubai debt crisis, analysts

one country have many more good plan every day and people feels that it is going to face serious problem..

some new plan launch by Dubai :
Dubai to introduce 900km of cycling lanes
Dubai to open seven new parks
UAE National Day: Preparations in full swing

except this there are many more. during my stay in UAE i am intracting a lot of people from various region every body feel to live in Dubai and UAE becuse of the Rules and regulation, No fear for life, world class living standard...

Dubai is only facing very short term problem but very soon it will recover and become one of the strong place in the world after

2 comments:

  1. Dubai Debt crisis make the panick to all the Gulf region banks like Kuwait, Saudi Banks, and UAE banks like First Gulf bank and others. most of the banks are giving the a lot analysis is the Dubai is not able to pay the debt for another six months what will be the scenario.

    But as the present scenario dubai is not able to find the objective becouse of the Global economic crunch.

    But these issues are under process to short out very soon becouse Abu Dhabi Government are ready to full support...

    ReplyDelete
  2. State-owned Dubai World surprised the world on Wednesday by announcing that it wants to delay payment of its debt for at least six month until May next year.

    The government conglomerate is estimated to owe 59 billion dollars out of Dubai's debt of 80 billion dollars, while a $3,5-billion Islamic loan to its real estate arm Nakheel matures on December 14.

    ReplyDelete

Custom Search