Dubai Gets a Big Fat Bailout

Dubai Gets a Big Fat Bailout

By elan on from www.elanthemag.com

It’s been a long and winding road - the mixed messages, hurt feelings and absolute betrayal on both sides. And no, I’m not talking about Tiger Woods. The financial showdown between Abu Dhabi and Dubai, the mini-sheikdom neighbors of the UAE, finally subsided when Abu Dhabi finally opened up its enormous wallet and showed a little love to the cash-strapped Dubai in the form of a $10 billion bailout.Read More
Dubai Gets Surprise Bailout

Dubai Gets Surprise Bailout

By IslamOnline on from www.islamonline.net

DUBAI — Abu Dhabi government on Monday, December 14, offered indebted Dubai World $10 billion in a surprise aid that immediately took stock markets up..

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