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Latest news from Qatar
Nakheel
Dubai economic crisis - what is happening?
By lusitano on Mon, 26/01/2009 - 10:13amWhat is really happening in Dubai?
While the Dubai Authorities and the local media tend to paint a rosy picture of an evident critical and problematic financial situation in Dubai, some of the International Media seem to be more open about it.
How much of this is affecting Qatar?
How will the Dubai crisis, impact on Qatar?
Here are some articles exposing what Dubai does not wish to disclose:
"Damac Properties in Dubai Fail to Pay Employees Full Settlement on Dismissal
If you were beginning to believe the press releases stating that Dubai is immune from the financial crisis, the latest report from Gulf news should disabuse you of that notion. Employees fired by Damac last month due to the financial crisis are not being paid their full settlement."
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