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    <title>Six Dubai GREs downgraded following review of extraordinary government support; still On Watch Neg</title>
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    <pubDate>Thu, 03 Dec 2009 17:15:00 +0400</pubDate>
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        Standard &amp; Poor's Ratings Services said it has lowered its issuer credit ratings on six Dubai-based GREs: DIFC Investments LLC, DP World Ltd., Jebel Ali Free Zone (FZE), Dubai Multi Commodities Centre Authority (DMCC), Dubai Holding Commercial Operations Group LLC (DHCOG), and Emaar Properties PJSC. The issuer credit ratings on these six GREs remain on CreditWatch with negative implications, where they had originally been placed on Nov. 25, 2009. The rating actions are detailed in the "Ratings List" below.
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    <title>Ratings on four Dubai-based banks lowered and maintained on CreditWatch Negative following downgrades of Dubai GREs</title>
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    <pubDate>Thu, 03 Dec 2009 16:52:00 +0400</pubDate>
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        Standard &amp; Poor's Ratings Services said that it has lowered its long-term counterparty credit ratings on Emirates Bank International PJSC (EBI), National Bank of Dubai (NBD), and Mashreqbank (Mashreq) to 'BBB' from 'A-'.
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    <title>Emirates is to launch flights to Amsterdam from 1st May 2010</title>
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    <pubDate>Thu, 03 Dec 2009 16:51:39 +0400</pubDate>
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        The international airline of the UAE is promising further new route announcements in the coming months, supported by continuing aircraft deliveries. The blossoming of the airline's 23rd route into Europe will bring much awaited news in The Netherlands.
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    <title>NCEMA calls public forum to boost crisis management awareness</title>
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    <pubDate>Thu, 03 Dec 2009 16:43:15 +0400</pubDate>
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        The National Crisis and Emergency Management Authority (NCEMA) will organise a public forum and a press conference in Abu Dhabi to promote public awareness on crisis prevention and the appropriate conduct during emergency situations.
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    <title>A new record for J. Ray McDermott in Saudi Arabia</title>
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    <pubDate>Thu, 03 Dec 2009 16:40:56 +0400</pubDate>
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        Under the Long Term Agreement ('LTA') project with Saudi Aramco, J. Ray McDermott, S.A. ('J. Ray'), recently carried out a record-setting lift with the installation of a 3,000-tonne deck for a tie-in platform in the Safaniya offshore field. 
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