The global rating agencies S&P and Moody's have downgraded the credit ratings for several government-related entities in Dubai on fears about the government's failure to provide timely financial support to them.
Undeterred by the real estate crisis after Dubai World's request to creditors for a standstill on repayment of its $60 billion debt until May, the Confederation of Real Estate Developers' Associations of India (Credai) has stuck to its original plan to hold its national convention during January 23-25 in Dubai.
Your holiday in Dubai just got a little cheaper. Thanks to Dubai World's crash, travel portals and agencies like MakeMyTrip, Yatra, Cleartrip and SOTC are offering packages at prices almost 40 percent lower than a week or two ago.
The fear of government-owned Dubai World reneging on its commitments to global lenders is expected to find an echo in a reversal of a recent tentative recovery in Dubai's real estate values unless the emirate manages to strike some sort of deal with creditors and / or somehow raises the cash to meet its obligations, analysts and industry professionals said on Sunday.
Dubai's diamond trade, mainly driven by India, Belgium and Hong Kong, in value terms fell by 13 per cent to $18 billion in 2009 due to lower rates of the precious stone
As the trading opened for the first day after long Eid break, shares in the debt ridden Dubai World conglomerate, of which Nakheel forms a part dropped more than 15 per cent.
Three huge tower cranes, used in moving over 63,300 tonnes of steel reinforcement up to Level 156 of the tower and were operational for a total of 45,000 man-hours, have now been removed, Emaar Properties said.
The Nifty re-gained the 5k mark to close at 5026, up 84 points, in a steady day of trade. The market breath was strong. Out of 2,824 stocks traded on the BSE, there were 2,017 advancing stocks as against 733 declines.
For the last one year, there have been far too many stories coming out of the region on real and potential bankruptcies, plans being shelved, excess capacity and inadequate demand.
The top Indian golfer bagged a six-figure sponsorship deal with Jumeirah Golf Estates, host venue for the Dubai World Championship from 2009.
Celebrity cake designer Debbie Wingham reveals the details.
Hinduja Group on Monday said it would invest Rs 1,200 crore (Rs 12 billion) in property development business
The Aviation City's strategic location within the Al Maktoum International Airport will give potential investors an advantage to reach regional and international clients alike. The Aviation City's strategic location within the Al Maktoum International Airport will give potential investors an advantage to reach regional and international clients alike.
India remains at the top with 8,401,253 passengers, a year on year growth of 14.3 per cent compared to 7,347,270 in 2012.
India's top badminton players Saina Nehwal and Kidambi Srikanth took a big step on way to reaching the semi-finals at the World Super Series Finals by securing second consecutive wins in their respective group in Dubai.
Ace Indian shuttler Saina Nehwal has been nominated for the Woman Player of the Year Award of the Badminton World Federation after a consistent season which saw her occupy the world number one spot for a brief period.
Indian shuttler Kidambi Srikanth was pushed to the brink of exit after he suffered his second consecuitve loss in the BWF Super Series Finals, losing in straight games to Denmark's Viktor Axelsen in the men's singles in Dubai.
It was another good year for PV Sindhu, who won the India Open Super Series and Korea Open Super Series titles, besides bagging the silver at Glasgow World Championship and finishing as runners-up at Hong Kong Open last month.
In sizzling form after clinching the China Open and finishing runners-up at Hong Kong, Olympic silver medallist P V Sindhu will look to sign off the year with another crown when she competes in the season-ending World Superseries Finals starting in Dubai from Wednesday. In Rio de Janeiro, Sindhu became the first Indian woman to win an Olympics silver medal in August, but qualifying for the Dubai World Super Series final still was a far cry as she was placed at 16th in the Destination Dubai Rankings with just two events -- China Open and Hong Kong Open -- remaining.
The 25-year-old Indian, who clinched the Indonesia Open and Australian Open this year, besides reaching the final of the Singapore Open, defeated Wong 21-18, 21-17 at the Odense Sports Park.
70.5 million passengers passed through it last year
The Indian women's team qualified for the quarter-finals in the Uber Cup badminton tournament despite a 2-3 defeat to 2014 runners-up Japan in their third and final Group D match, in Kunshan, China, on Wednesday. The men's team, however, continued its dismal run in the Thomas Cup and crashed out after being blanked 0-5 by Indonesia in their third Group B match at the Kunshan Sports Center Stadium.
One of the greatest tennis players of all time and current world number two, Roger Federer has joined the UAE Royals franchise in the second season of the Coca-Cola International Premier Tennis League (IPTL) 2015 that will be held from 2nd to 20th December 2015.
Olympic bronze medalist Saina Nehwal dished out a dominating performance to post a straight-game win over two-time All England Champion Shixian Wang of China and start her campaign on a positive note at the season-ending BWF World Super Series badminton final in Dubai.
She clinched three individual titles and a couple of bronze medals at prestigious team events this season but far from satiated, ace Indian shuttler Saina Nehwal feels she could have garnered more trophies had it not been for some missed opportunities.
India's Saina Nehwal lost to Chinese Taipei's Tai Tzu Ying 21-16, 18-21, 21-14 and was knocked out of the BWF World Superseries Final in Dubai on Friday.
A look at the top tweets from your favourite Bollywood celebrities.
Women dominated this year's Padma awards for sports with tennis star Sania Mirza and ace shuttler Saina Nehwal getting the nod for the Padma Bhushan, while archer Deepika Kumari was chosen for the Padma Shri in New Delhi, on Monday.
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