Djibouti in legal dispute with DP World over port concession
Djibouti said it had started legal action against DP World, seeking to rescind the Dubai-owned port operator's concession in Africa's largest container terminal in a row over how the contract was awarded.
Ambition, investor greed fuel rise and fall of Dubai's Arabtec
The meteoric rise and fall of Arabtec and former CEO Hasan Ismaik reveal some of the perils of business in the Gulf: secretive state shareholders, management authority which relies partly on personal connections, and hands-off regulation.
UAE regulator to tighten bourse supervision after Arabtec debacle
The UAE financial market regulator said it would tighten supervision of stock exchanges, after wild trading in Arabtec helped to trigger a market crash.