Paying back debts
 

Ironic?

"I'm not in a hurry to pay - if they want to settle, they have to be reasonable"

http://www.arabianbusiness.com/nakhe...an-468118.html

Re: Paying back debts
 

I'd just call it hypocritical

Re: Paying back debts
 

And they wonder why Dubai is not considered a particularly sound place to invest. Great advert to encourage people, eh?

Re: Paying back debts
 

whatever happened to media-whore and football club suitor Dr Sulaiman Fahim?

remember driving past his mooey on some building's facade advertising the UAE Apprentice

is he inside?

Re: Paying back debts
 

His "The Apprentice' rip-off was so bad it was good.

Not sure what became of the winner, not much I expect.

Re: Paying back debts
 

I've been chuckling at that. I really hope Safi Qurashi's lawyers use this as evidence in his trial against Nakheel.

"Your honour. You can not on the one hand demand dues from your customer when you have made it clear you will miss the original delivery date by over a decade, then on the over hand tell your customers they have to be realistic about debts you yourself owe in refunds."

This would be comical if there weren't people going to prison because of it.

Re: Paying back debts
 

Or, as employees or shareholders of the Big Boys, losing their jobs or substantial amounts of money. This really needs to hit the media in the west and east.

Re: Paying back debts
 

Just bumping this. Why isn't it bigger news? A semi-state organisation which is making profit but brazenly states it will only pay 20% of what it owes...Or are we just comfortably numb?

Re: Paying back debts
 

It's the only reason why I keep an office running in Dubai! - Collection of Debts from Quasi-Governmental Organisations!

Re: Paying back debts
 

Well as you are not going to succeed, can I suggest you do us all a favour by closing it and going home.

Re: Paying back debts
 

1. I'd venture to suggest that many local media organisations have been asked/told not to say much about it.

2. We've heard it before and are too cynical to react.

Re: Paying back debts
 

Nakheel Profit up by 36% (AFP)
Purely because they do not pay their bills!

Re: Paying back debts
 

What colour is the sky on your planet Millhouse?

Re: Paying back debts
 

It's all gone quiet over there!