Tuesday 24 December 2024
 
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Dubai crisis

Dubai crisis ‘overplayed by Western investors’

Dubai's "build and they will come" model is in a state of flux, rather than broken, as the emirate suffers growing pains in its evolution from emerging economy to global business hub, one of its key developers said. President of Dubai Pear

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Toyota supends sales of 8 models in recall

Toyota Motor said it will suspend sales in North America of eight models involved in recall, a move that could throw the timing of its earnings recovery into doubt and one that pushed its shares two per cent lower. Toyota also said it woul

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Pakistan cbank sees little Dubai impact

Pakistan sees little if any fallout from Dubai's debt crisis and expects remittances from its workers overseas to grow despite problems in the Gulf, the country's central bank governor said on Thursday. Pakistan's risk premium

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Emirates unaffected by Dubai crisis: Airbus

Airbus dismissed any concerns over the impact of the Dubai crisis on top customer Emirates on Monday, saying the airline was meeting its payments and would stick by expansion plans that call for dozens of new planes. "We have complete fait

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