Middle East Economic Survey
VOL. LII
No 8
23-Feb-2009
REGIONAL
Dubai Index Hits One-Month High On Borse Dubai Refinancing Success
The Dubai Financial Market (DFM) index hit a one-month high of 1,602.12 and posted its largest one-day gain in three months as stocks rallied on news that Borse Dubai had successfully refinanced a loan (see page 27). DFM turnover hit the highest level since November last year, on buying from domestic and GCC players. Growing concern about Dubais debt levels has been one...
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