Friday, December 4, 2009

Debt pushes Dubai to the brink - Times of India

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Debt pushes Dubai to the brink
Times of India
It recently bought Barney's , the upscale US department store, the QE2 cruise ship, Madame Tussauds and Turnberry golf course in Scotland. ...

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Thursday, December 3, 2009

Couple's £22000 compensation for 'stressful' penthouse cruise - Telegraph.co.uk

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Couple's £22000 compensation for 'stressful' penthouse cruise
Telegraph.co.uk
They opted to stay in a luxury resort in Honolulu and sail back on the QE2 rather than continue on the £270 million liner to Southampton and Singapore. ...

Legal challenge to court payout over £59000 cruise complaint - Yorkshire Post

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Legal challenge to court payout over £59000 cruise complaint
Yorkshire Post
But he said they had left the cruise in Honolulu where they stayed for six weeks before boarding the QE2 home. The Milners had been refunded £48240 of the ...

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Wednesday, December 2, 2009

Defiant Dubai fails to quell investors' fears - Herald.ie

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Defiant Dubai fails to quell investors' fears
Herald.ie
The QE2 cruise liner, owned by Istithmar, has been mentioned frequently for a possible sale, as has Dubai World's stake in the London Stock Exchange.

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Micky drives a hard bargain - Mirror.co.uk

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Micky drives a hard bargain
Mirror.co.uk
Since arriving in Dubai last December, there has been little sign of the promised work to convert the QE2, the most famous liner in the world, into a luxury ...

Tuesday, December 1, 2009

QE2 May Be Sold To Help Pay Dubai's Debts - Cruise Critic

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Cruise Critic

QE2 May Be Sold To Help Pay Dubai's Debts
Cruise Critic
Only a year after leaving the Cunard fleet for a new life as a luxury hotel in Dubai, the QE2 may have to be sold. The ship was bought for $100 million in ...

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QE2 May Be Sold To Help Pay Dubai's Debts - CruiseCritic.co.uk

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QE2 May Be Sold To Help Pay Dubai's Debts
CruiseCritic.co.uk
Only a year after leaving the Cunard fleet for a new life as a luxury hotel in Dubai, the QE2 may have to be sold. The ship was bought for $100 million in ...

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FTSE 100 steadies as sheikh hits out about Dubai debt crisis - Daily Mail

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Daily Mail

FTSE 100 steadies as sheikh hits out about Dubai debt crisis
Daily Mail
Its more profitable businesses, including P&O Ferries and the QE2 cruise liner, are excluded from the process. The statements boosted the confidence of ...

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Dubai's ruler tries to calm region's financial storm - LDPBusiness

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Dubai's ruler tries to calm region's financial storm
LDPBusiness
Other assets included in Dubai's network of sovereign wealth and investment firms include the QE2 cruise liner, the Emirates airline and the Travelodge ...

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Wednesday newspaper round-up: Royal Bank of Scotand, Barclays, Mitchells & Butlers - ShareCast

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Wednesday newspaper round-up: Royal Bank of Scotand, Barclays, Mitchells & Butlers
ShareCast
... have asked lawyers to assess their rights over the state-owned company's trophy overseas assets, which include P&O Ferries and the QE2 cruise liner. ...

Dubai World's creditors may claim its trophy assets - Times Online

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Dubai World's creditors may claim its trophy assets
Times Online
... have asked lawyers to assess their rights over the state-owned company's trophy overseas assets, which include P&O Ferries and the QE2 cruise liner. ...

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Defiant state fails to quell fears of lenders and investors - Times Online

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Defiant state fails to quell fears of lenders and investors
Times Online
The QE2 cruise liner, owned by Istithmar, has been mentioned frequently for a possible sale, as has Dubai World's stake in the London Stock Exchange. ...

and more »

Dubai World's creditors assess rights to claim trophy assets - The Australian

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Dubai World's creditors assess rights to claim trophy assets
The Australian
... have asked lawyers to assess their rights over the state-owned company's trophy overseas assets, which include P&O Ferries and the QE2 cruise liner. ...

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Dubai creditors fight for their money - guardian.co.uk

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guardian.co.uk

Dubai creditors fight for their money
guardian.co.uk
... which could make them claim assets such as the profitable ports business that includes the former P&O, the QE2 liner, and the Turnberry golf course in ...

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Developing Dubai - GulfNews

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GulfNews

Developing Dubai
GulfNews
The restructuring of Dubai World will mean some of its assets may be sold which include the Turnberry golf course in Scotland and the former cruise ship QE2 ...

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