Monday, March 2, 2009

Launch of $20 Billion Surges Dubai Financial Market up

Dubai's confidence boost
Construction Week Online - Dubai, United Arab Emirates
Towards the close of trading last Monday, the Dubai Financial Market was up almost 8 percent, and previously battered stocks such as Emaar had surged 15 percent.
The launch of a $20 billion bond by the Dubai government had the potential to spook investors already short on confidence. ...

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