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Tuesday 1 December 2009 (14 Dhul Hijjah 1430)

WTO chief warns ‘time is running out’ for Doha deal

GENEVA: Freer trade can help create jobs and support economic growth, and tariff-cutting accords should not be scaled back on account of the global downturn, top US and other officials said on Monday. On... Full Story


Dubai govt disclaims responsibility for debt

DUBAI: The Dubai government disclaimed responsibility for the debts of Dubai World on Monday, dealing a blow to creditors’ assumptions that the Arab emirate would guarantee the conglomerate’s liabilities. “Creditors... Full Story


Abu Dhabi, Dubai markets dive

DUBAI: Stock markets in Dubai and neighboring Abu Dhabi closed sharply lower on Monday, shedding 7.3 percent and 8.3 percent respectively, hit by a lack of buyers after Dubai World’s shock proposal... Full Story




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