Dubai -- Abu Dhabi said Monday it would rescue its neighbor, Dubai, with a $10 billion fund to cover a portion of a $59 billion in debt that needs restructuring.
Dubai, December 14 -- Thanks to Abu Dhabi, Dubai World (DBWLD.UL), the state-owned holding company at the center of a $26 billion debt storm, has some breathing space.
Boston -- Aerosmith guitarist Joe Perry says the U.S. rockers' lead singer, Steven Tyler, apparently bagged on the band after a United Arab Emirates show.
Singapore, September 7 -- Abu Dhabi, through its investment company, Advanced Technology Investment Co (ATIC), has agreed to buy Singapore’s state-controlled Chartered Semiconductor Manufacturing Ltd (NASDAQ:CHRT) for a sum of $2.5 billion.
London, June 3: Manchester City has completed the 12-million-pound signing of midfielder Gareth Barry from Aston Villa.
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