emirate

Yesterday's unexpected decision by Dubai World, the Gulf emirate's largest state-owned conglomerate, to impose a six-month debt standstill has foreign creditors up in arms.

昨天，这个海湾酋长国最大的国有企业集团迪拜世界（Dubai World）宣布，将推迟6个月偿还债务。这一出人意料的决定令外国债权人大为恼火。

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Qatar's ruling Al Thani clan has been pursuing an international artwork buying spree as it aims to turn the small energy-rich emirate into a global cultural power ahead of the 2022 World Cup.

统治卡塔尔的阿勒萨尼家族近来狂热收购世界艺术名作，打算在2022年世界杯前夕将这个能源富足的小酋长国打造成国际文化强国。

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In next-door emirate Abu Dhabi, average home prices fell 5 %.

在与迪拜相邻的阿布扎比, 平均房价下跌了5%.

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Dubai, meanwhile, has received some £ 25bn of support from Abu Dhabi, equivalent to about a third of the emirate's GDP.

与此同时，迪拜从阿布扎比收到了大约250亿英镑的资金支持，相当于迪拜GDP的三分之一左右。

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The emirate managed to raise $ 1.25 billion in a two-part bond sale, which was heavily oversubscribed.

酋长国努力以债券二分式销售的形式筹集12.5亿资金,其实销售值已经远远超过了预想值.

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From Egypt, Rice travels to Saudi Arabia and the United Arab Emirate.

访问埃及之后，赖斯还将访问沙特阿拉伯和阿拉伯联合酋长国。

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The building opened in January 2010, just weeks after the emirate announced a standstill on debts largely incurred on glitzy property projects.

这座建筑在2010年1月启用，而仅仅数周之前，迪拜酋长国刚刚宣布暂停偿还主要源于光彩夺目的房地产项目的债务。

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While no other finance house has publicly collapsed, bankers and analysts say almost all are struggling to meet debt repayments in the face of crippling losses some of them on investments in Dubai, the troubled Gulf emirate.

尽管其它金融机构没有公开倒闭，但银行家和分析师表示，面对巨额投资亏损其中一些是对陷入困境的海湾酋长国迪拜的投资几乎所有机构都难以偿还债务。

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Monday, the emirate's government announced it would not provide the company with a bailout.

星期一，迪拜宣布，不会出资帮助迪拜世界脱离困境。

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Yas Waterworld Abu Dhabi-Abu Dhabi, United Arab Emirate

阿布扎比亚斯水上世界——阿联酋阿布扎比

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Emirate says this is the worst disruption it has ever seen.

酋长说，这是他见过的最为严重的灾难。

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The move spooked investors jittery about Dubai's$ 74bn debt load, which represents more than 100 per cent of the emirate's gross domestic product.

此举引发了投资者对迪拜740亿美元债务负担（超出其国内生产总值的100%）的不安。

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Tucked away in the United Arab Emirate's northernmost region,

在阿拉伯联合酋长国的北部地区，

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Chris Davidson of Durham University, who has written a history of the emirate, describes it as a" spongelike economy", designed to absorb foreign money.

达拉谟大学的克里斯•戴维森为这个酋长国撰写了一部史书，把其比作“海绵经济”，即为吸取外资而服务。

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The bidoun forfeit the amenities that the oil-rich emirate showers on its citizens, including education.

这些无国籍者丧失了这个盛产石油的酋长国恩赠给公民的种种舒适待遇, 包括教育.

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These sales processes indicate that Dubai entities in addition to the Dubai World conglomerate are seeking to sell off better-performing, non-core assets as the emirate seeks to reduce its US$ 100bn-plus in debts.

这些出售过程表明，在迪拜寻求削减其1000多亿美元债务之际，在迪拜世界（Dubai World）集团以外，迪拜各机构也在寻求出售业绩较好的非核心资产。

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Dubai International Capital, a heavily-indebted investment arm of the emirate's ruler, has dismissed speculation about a fire sale of assets by promising to keep its five majority-owned companies in Europe for at least two more years.

迪拜国际资本（Dubai International Capital）承诺，将其拥有多数股权的5家欧洲公司至少再保留两年，从而消除了人们对这家负债累累的迪拜投资公司将减价甩卖资产的揣测。

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jihadist groups (sometimes claiming to be "al-qaeda in the sinai peninsula" ) have called for the creation of an islamic emirate.

圣战组织（有时在西奈半岛自称基地组织）已经号召人们建立一个由穆斯林统治的国家。

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Its latest jaw-dropping megaproject is a tropical rainforest in a skyscraper hotel--another world-first for the emirate.

其最新一项惊天大工程是在摩天酒店里打造热带雨林--迪拜的又一个世界第一。

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investors now know that the state is solvent, and to distinguish between the emirate and its institutions.

投资者现在知道，迪拜酋长国是有偿付能力的，而且也会对酋长国及其企业区别对待。

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Dubai World, once a crown jewel in the business empire of Dubai's ruler Sheik Mohammed bin Rashid Al Maktoum, tipped the emirate into crisis on Nov. 25, saying it would seek to freeze its debts for six months.

迪拜世界曾经是迪拜酋长阿勒马克图姆（Sheik Mohammed bin Rashid Al Maktoum）为这个商业王国所打造的一顶王冠，该公司在11月25日宣布暂停偿债六个月，将整个国家拖入了危机。

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Three years later he became foreign minister, making him one of the main power brokers in what was then a sleepy, underachieving emirate failing to invest its oil revenues for the future.

当时，卡塔尔是一个死气沉沉、未发挥潜能的酋长国，没能面向未来投资石油所得。

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The emirate does not say how much its fund is worth.

阿拉伯酋长国没有表明它的基金到底价值是多少.

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Value is more likely to be preserved for debtholders and for the emirate itself.

债务持有人以及迪拜酋长国自身的资产价值更有可能得到保护.

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Last month, Dubai caused a Squall in the capital markets: the emirate stunned investors with a request for a standstill on some of the debts of Dubai World, a state-owned company.

上个月，迪拜在资本市场掀起了一场狂风骤雨：这个酋长国要求暂缓偿付国有企业迪拜世界（dubai world）的部分债务，震惊了投资者。

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