UAE divided on national day

Abu Dhabi and Dubai work on rebuilding financial ties on national day.

    Dubai's debt problems clouded national day celebrations in the United Arab Emirates where a shaken financial community is trying to solve its financial crisis.

    Dubai's request for a payment delay on $26 billion of debt owed by Dubai World exposed the frailties of "quasi-sovereign" lending as the country marked its 38th anniversary.

    The request has also provoked questions about whether Abu Dhabi, the oil-producing powerhouse of the seven-emirate federation, will rescue its ambitious neighbour.

    Dubai's government has made clear it will not guarantee the debts of Dubai World, the financial group which already has at least $60 billion in liabilities overall, including those of units not included in the restructuring.

    Al Jazeeras Dan Nolan reports on how the two cities work on rebuilding ties.

    SOURCE: Al Jazeera


    Interactive: Coding like a girl

    Interactive: Coding like a girl

    What obstacles do young women in technology have to overcome to achieve their dreams? Play this retro game to find out.

    Heron Gate mass eviction: 'We never expected this in Canada'

    Hundreds face mass eviction in Canada's capital

    About 150 homes in one of Ottawa's most diverse and affordable communities are expected to be torn down in coming months

    I remember the day … I designed the Nigerian flag

    I remember the day … I designed the Nigerian flag

    In 1959, a year before Nigeria's independence, a 23-year-old student helped colour the country's identity.