Dubai -latest

March 25th, 2010 by Stephen Jones Leave a reply »

The governent is to assist Dubai World with $9.5bn
Nakheel will also get $8bn ti restart projects

Good to see government take a lead – no doubt the oil revnue surplus over budget is helping – this will help support the economy and build business confidence and reassure investors

Its disappointing therefore to see yet anothe high profile fradu scandal hit the front pages. There have far too many across the region and this is undoubtedly a factor in investor confidence. Its good to see that such investigations are happening and that those repsonsible are being held accountable, In the long run such transparency is the best reassurance.

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