Egypt's investment minister said Monday the Dubai debt crisis would have a limited effect on the Egyptian economy, which he said had no direct exposure to Dubai World debt.Egypt's stock market recorded its biggest daily loss in 13 months on

Glitzy Dubai may face a debt crisis that has sent a shudder through global markets, but you wouldn't know it from officials or local media.World leaders have commented on the crisis - but not those in the United Arab Emirates

Dubai's government said on Monday it that was not responsible for the debts of its flagship conglomerate, offering little clarity on a plan to delay billions in debt repayments that has rattled world markets.Dubai last week raised fears of a

The United Nations launched an appeal Monday for $7.1 billion in humanitarian aid for 2010 but said it was finalizing calls for about a billion more, which would push the request to a record high.The amount did not include the

The German industrial conglomerate MAN could face up to 300 million euros ($450 million) in fines, costs and fiscal sanctions stemming from a corruption affair.A MAN spokesman told AFP Monday the amount was just "speculation," and added: "The only firm

There's an intriguing idea floating around the media: Microsoft Corp. wants to undercut Google so badly in Internet searches that it might pay newspapers to withhold their content from Google.Just don't count on that turning into much of a lucrative

British government says Iran's delay in providing full explanation for why it detained 5 British yachtsmen is a 'matter of increasing concern.'

Court papers indicate Jewish state could release 980 prisoners as part of the agreement

The government-owned company, Dubai World, has reassured investors abroad by revealing details of its restructuring plans, nearly a week after hinting it may not have enough money to repay its debts.

Ambassador Rice says US and its partners have been pursuing a two-track approach to resolving the Iranian nuclear issue and Iranian announcement is completely inappropriate

Sheikh Mohammed also says 'ambition will remain the ally of our plans' in National Day speech.

Developer to launch legal case against Barry Tannenbaum, accused of $1.9bn fraud.

Sheikh Khalifa bin Zayed Al Nahyan says global crisis will not lead to 'despair or inaction'.

UAE capital's commercial property sees drop of 38.6%, fifth fastest faller.

UPDATE 2: Dubai opens 6.1% down, Abu Dhabi slips 6%, while Qatar plunges 9.2%.

Company says process applies only to debts of Dubai World, Nakheel and Limitless.