Dubai finances remain uncertain, RAK’s dynastic shakeout continues
Risk Management Reports
Issue 892
- 17 Jan 2011
| 1 minute read
Dubai was hit hard by the global economic crisis, and has never fully disclosed the scale of the damage. With debt rescheduling and a relative stabilisation in 2010, all eyes will be on the $18bn that we at least know is due to be repaid in 2011. Privatisation of assets is likely.
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