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Dubai Stocks Decline; Debt Relief Wanes

December 16, 2009

MEV was quoted in the following story “Dubai Stocks Decline; Debt Relief Wanes” in the Wall Street Journal:

“Repayment of the Nakheel sukuk has moved Dubai from the precipice,” said Faisal Ghori, Principal at Middle East Ventures. “While the Nakheel sukuk has now been paid what now remains to be seen is how Dubai, and Dubai World will handle their remaining liabilities.”

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