Epstein Secrets

n its mercantile economy depends to a large extent on the wealth and economic activity that is created around in Abu Dhabi, Saudi Arabia, Qatar and Kuwait. These energy superpowers create the economic activity which sustains Dubai and its large service economic which rests on the industrial port of Je

he emirate shocked the markets when it announced it needed to freeze $26bn of debt owed by one of its largest "Government-Related Entities" (GREs), Dubai World. Eventually Dubai was able to borrow from Abu Dhabi, its wealthy partner in the United Arab Emirates and the nasty bankers in New York and London w

illion is of greater concern, they said. The U.A.E.'s banking industry is already the biggest among the six Gulf Arab states including Saudi Arabia,Kuwait and Qatar, with 1.54 trillion dirhams ($418 billion) in assets, central bank data shows. To contact the reporter on this story: Arif Sharif in Duba

he United Arab Emirates (UAE) has said it is setting up a facility to provide banks with extra liquidity. The news comes days after the state-owned Dubai World said it would ask for an extension on repaying its debts, sending world stock markets tumbling. The liquidity will be available to all UAE banks as

wn its mercantile economy depends t= a large extent on the wealth and economic activity that is created around=in Abu Dhabi, Saudi Arabia, Qatar and Kuwait. These energy superpowers create the econ=mic activity which sustains Dubai and its large service economic which res=s on the industrial port of Je

the emirate shocked the markets when it announced it needed to freeze $26bn of debt owed by one of its largest "Government-Related En=ities" (GREs), Dubai World. Eventually Dubai was able to borrow from=Abu Dhabi, its wealthy partner in the United Arab Emirates and the nasty b=nkers in New York and London w