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United Arab Emirates EU News. Service for global professionals. Constantly updated news and information about United Arab Emirates.
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Latest United Arab Emirates EU News

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  • Abu Dhabi will not race to Dubai's rescue 29 Nov 2009 01:11 GMT
    ... case-by-case basis. It does not mean that Abu Dhabi will underwrite all of their debts,” a ... liabilities make up the majority of the emirate’s total $80bn debts. Sources close to the ... in indirect support for Dubai through the UAE central bank and two private Abu Dhabi ...

  • UAE central bank to supply liquidity to banks - Summary 29 Nov 2009 17:50 GMT
    ... The central bank of the United Arab Emirates said Sunday it would supply liquidity to ... its debt. The central Bank of the UAE "stands behind UAE banks and branches of ... on its obligations. The extent to which Abu Dhabi, the oil-rich neighbour of Dubai in the ...

  • What the UAE has in common with the EU 30 Nov 2009 05:10 GMT
    ... Byzantine power struggle within the United Arab Emirates between the innovative financial spirits of free-wheeling ... and the prosperous, ultra-conservative sister sheikdom of Abu Dhabi. Whatever the reason, the payments standstill underlines ... state of Abu Dhabi. Don't forget, the UAE is a political union. The Emir of ...

  • UAE: AL HAMILI HEADS DELEGATION TO OAPEC MINISTERIAL CONFAB 3 Dec 2009 03:25 GMT
    ... ABU DHABI, Nov. 23, 2009 WAM, 2009 (QNA via ... Mohammed bin Dhaen Al Hamili, United Arab Emirates (UAE) Minister of Energy, will be heading the ...

  • Emirates moves to stave off credit crisis 30 Nov 2009 08:43 GMT
    ... Trying to prevent a run on its banks ... fear could spread globally, the United Arab Emirates said Sunday it would lend money to ... Arab Emirates and its wealthiest member-state, oil-rich Abu Dhabi, appear to guarantee Dubai's debts could affect ...

  • Arab Emirates Move to Limit Crisis in Dubai 30 Nov 2009 05:22 GMT
    ... A man passed the construction site of Dubai's Business ... banks with outstanding loans to the tiny emirate and its investment arm, Dubai World. Now, ... which the federation and its wealthiest member-state, Abu Dhabi, which has vast oil reserves, appear to ...

  • Arab Emirates Aim to Limit Dubai Crisis in Pledge to Banks 30 Nov 2009 07:30 GMT
    ... A man passed the construction site of Dubai's Business ... banks with outstanding loans to the tiny emirate and its investment arm, Dubai World. Now, ... which the federation and its wealthiest member-state, Abu Dhabi, which has vast oil reserves, appear to ...

  • Arab Emirates Aim to Contain Dubai Crisis in Pledge to Banks 30 Nov 2009 07:33 GMT
    ... A man passed the construction site of Dubai's Business ... banks with outstanding loans to the tiny emirate and its investment arm, Dubai World. Now, ... which the federation and its wealthiest member-state, Abu Dhabi, which has vast oil reserves, appear to ...

  • Saudi-EU ties enter new phase 2 Dec 2009 00:51 GMT
    ... RIYADH: Relations between Saudi Arabia and the European Union entered a new phase with the Riyadh-based ... of the European Union to Saudi Arabia.” EU officials also announced that Abdulrahman H. Al-Atiyah, ... to Bahrain, Kuwait, Oman, Qatar and the UAE. He pointed out that the Riyadh-based delegation would work ...

  • European Bonds Little Changed After UAE Support for Lenders 30 Nov 2009 19:35 GMT
    ... Nov. 30 (Bloomberg) -- European government bonds were ... were little changed after the United Arab Emirates’ central bank took steps to limit the ... 0.6 percent from a year earlier, the EU statistics office said today, more than the ...

  • EU mergers and takeovers (Dec 4) 4 Dec 2009 18:02 GMT
    ... -- Canadian investment fund Ontario Teachers' Pension Plan Board ... Daimler and Aabar Investments PJSC, owned by Abu Dhabi sovereign wealth fund IPIC, take joint control ... either a company's proposed remedies or an EU member state's request to handle the case. ...

  • EU mergers and takeovers (Nov 27) 27 Nov 2009 15:45 GMT
    ... -- Luxembourg-based steelmaker ArcelorMittal through its subsidiary ArcelorMittal Netherlands ... 7/simplified) -- MDC-V Holdings Sarl, part of Abu Dhabi investment vehicle Mubadala Development Co, and Veolia ...

  • EXTRA: UAE central bank to supply liquidity to counter Dubai fears 29 Nov 2009 16:30 GMT
    ... Leverkusen, Germany - Stefan Kiessling bagged a hat-trick ... Dmitry Medvedev has presented NATO and the European Union with a draft of a new ...

  • EXTRA: UAE central bank to supply liquidity to counter Dubai fears 29 Nov 2009 16:54 GMT
    ... Rome - Inter Milan won 1-0 at home ... Dmitry Medvedev has presented NATO and the European Union with a draft of a new ...

  • EU overcomes Lisbon hurdle but economic challenges lie ahead 1 Dec 2009 02:52 GMT
    ... AFTER YEARS of discord - not least in ... of a rite of passage for the EU, it also brings prolonged institutional debate to ... World, a company owned by the gulf emirate of Dubai, illustrates the extent to which the ...


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