Middle East Economic Survey


No 49


MEES Agenda

Dubai Faces Major Backlash From Debt Standstill Request, Analysts Say

Dubais decision on 25 November to restructure Dubai World and the subsequent request for a standstill on the flagship holding companys debt has heightened concerns among investors on the ability of the emirate to meet its obligations (MEES, 30 November). The announcement, made a few hours after Dubai said separately that it raised $5bn through conventional and...