Nov 30, 2009 Posted by aingaran

Recession hits Middle-East / UAE – Big Time!

Dubai’s bourse .DFMGI suffered its biggest one-day fall in more than a year while Abu Dhabi .ADI fell the most on record as concerns over Dubai’s ability to repay its debt sparked a sell-off across all sectors. Dubai suffers biggest one-day loss in more than a year Banks, property shares hardest hit No recovery seen until more clarity from govt on... read more