dubai united arab emirates

DUBAI, United Arab Emirates - Dubai's government expects to run a budget deficit of nearly half a billion dollars in 2012 as it works to move beyond its financial difficulties.

DUBAI , United Arab Emirates - The Burj Khalifa 's owner said Monday the observation deck of the world's tallest tower has been unexpectedly shut down, potentially disappointing thousands of tourists and marring the spire's image just a month after it opened.

DUBAI , United Arab Emirates - Just a year after the global downturn derailed Dubai's explosive growth, the city is now so swamped in debt that it's asking for a six-month reprieve on paying its bills - causing a drop on world markets Thursday and raising questions about Dubai's reputation as a magnet for international investment.

DUBAI, United Arab Emirates, (PRESS RELEASE - May 26, 2009) — BDO International, the 5th largest global accountancy network, has today announced the opening of a new corporate finance office in Dubai to act as a hub for corporate finance and restructuring advisory work in the Middle East.

BDO Corporate Finance (Middle East) LLP will focus on building relationships with and working alongside regional family offices, institutional investors and businesses as well as helping multinational businesses who want to break into the Middle East.