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	<title>Dubai Chronicle &#187; Investigative</title>
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		<title>Investors positive on Dubai Bank&#8217;s takeover</title>
		<link>http://www.dubaichronicle.com/2011/05/19/investors-positive-on-dubai-banks-takeover/</link>
		<comments>http://www.dubaichronicle.com/2011/05/19/investors-positive-on-dubai-banks-takeover/#comments</comments>
		<pubDate>Thu, 19 May 2011 09:08:39 +0000</pubDate>
		<dc:creator>DubaiChronicle.com</dc:creator>
				<category><![CDATA[Investigative]]></category>
		<category><![CDATA[Dubai Bank]]></category>
		<category><![CDATA[Dubai Financial Market]]></category>
		<category><![CDATA[Emaar Properties]]></category>
		<category><![CDATA[Investors]]></category>
		<category><![CDATA[Takeover]]></category>

		<guid isPermaLink="false">http://www.dubaichronicle.com/?p=45967</guid>
		<description><![CDATA[Dubai’s government action to bail out one of its Islamic banking lenders was positively received by investors this week. Such move indicates that the emirate is in a position to rescue distressed state-linked businesses. A day after Dubai Bank&#8217;s takeover, the Dubai Financial Market gained nearly 1 per cent, followed by a more modest 0.7 [...]]]></description>
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		<title>DIFC Courts have Limited Jurisdiction over Property Disputs</title>
		<link>http://www.dubaichronicle.com/2010/04/05/difc-courts-have-limited-jurisdiction-over-property-disputs/</link>
		<comments>http://www.dubaichronicle.com/2010/04/05/difc-courts-have-limited-jurisdiction-over-property-disputs/#comments</comments>
		<pubDate>Mon, 05 Apr 2010 05:10:10 +0000</pubDate>
		<dc:creator>DubaiChronicle.com</dc:creator>
				<category><![CDATA[Investigative]]></category>
		<category><![CDATA[Property Law]]></category>

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		<description><![CDATA[Judge Sir Anthony Colman has thrown out a case brought by an investor against Damac Properties because the Dubai International Financial Centre (DIFC) Courts does not have jurisdiction over the claims. Union Properties is also contending that the DIFC is not the correct venue for the case of 31 investors against failed against the developer, [...]]]></description>
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		<title>Computer reseller in Dubai inks out-of-court lucrative deal with Microsoft</title>
		<link>http://www.dubaichronicle.com/2010/03/26/computer-reseller-in-dubai-inks-out-of-court-lucrative-deal-with-microsoft/</link>
		<comments>http://www.dubaichronicle.com/2010/03/26/computer-reseller-in-dubai-inks-out-of-court-lucrative-deal-with-microsoft/#comments</comments>
		<pubDate>Fri, 26 Mar 2010 07:44:32 +0000</pubDate>
		<dc:creator>DubaiChronicle.com</dc:creator>
				<category><![CDATA[Investigative]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Computers]]></category>
		<category><![CDATA[Microsoft Gulf]]></category>
		<category><![CDATA[Software]]></category>

		<guid isPermaLink="false">http://www.dubaichronicle.com/?p=24763</guid>
		<description><![CDATA[More settlements expected as computer reseller respond positively to nationwide anti-piracy campaign Microsoft Gulf has announced that Dubai-based computer reseller Storm Computers has agreed to an out-of-court civil settlement, following a raid on the store a few months earlier. Storm Computers was purportedly found to be selling personal computers loaded with pirated versions of MicrosoftÂ® [...]]]></description>
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		<title>Dubai regulator orders Damas to dismiss board</title>
		<link>http://www.dubaichronicle.com/2010/03/23/dubai-regulator-orders-damas-to-dismiss-board/</link>
		<comments>http://www.dubaichronicle.com/2010/03/23/dubai-regulator-orders-damas-to-dismiss-board/#comments</comments>
		<pubDate>Tue, 23 Mar 2010 05:25:39 +0000</pubDate>
		<dc:creator>DubaiChronicle.com</dc:creator>
				<category><![CDATA[Investigative]]></category>
		<category><![CDATA[Damas]]></category>
		<category><![CDATA[Damas International]]></category>
		<category><![CDATA[Dubai Financial Services Authority]]></category>

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		<description><![CDATA[The Dubai Financial Services Authority ordered jeweller Damas International to discharge its board and pay penalties, citing irregularities involving cash and gold, Gulf Daily News reported. The watchdog said that an investigation revealed that Damas&#8217;s board did not exercise appropriate governance after key executives drew down reserves without approval. The authority noted that the Abdullah [...]]]></description>
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		<title>Desert Storm or The Latest Scandal involving Property Developer in Dubai</title>
		<link>http://www.dubaichronicle.com/2009/03/13/the-latest-property-matter/</link>
		<comments>http://www.dubaichronicle.com/2009/03/13/the-latest-property-matter/#comments</comments>
		<pubDate>Fri, 13 Mar 2009 13:20:31 +0000</pubDate>
		<dc:creator>DubaiChronicle.com</dc:creator>
				<category><![CDATA[Corporate]]></category>
		<category><![CDATA[Investigative]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Al-Fajer Properties]]></category>
		<category><![CDATA[Developers]]></category>

		<guid isPermaLink="false">http://www.dubaichronicle.com/?p=6650</guid>
		<description><![CDATA[According Reuters, in the beginning of February, Al-Fajer Properties announced a 3.2 billion dirham ($871.2 million) restructuring of its operations. Under the leadership of its new president, Sheik Maktoum bin Hasher Al Maktoum &#8211; the eldest son of the company&#8217;s owner &#8211; the company had liquidated its land bank and sold off its remaining inventory [...]]]></description>
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