Parts of Dubai’s economy improving but heightened concerns over debt
Risk Management Reports
- 25 May 2012
| 1 minute read
Aspects of Dubai’s economy are looking much brighter, according to the authorities, but there are still serious concerns over other economic factors. Tourism appears to be recovering. But in the real estate market, property values are as much as 60% lower than at their 2008 peak and there are serious concerns over the refinancing of debt at Dubai’s government- related entities (GREs).
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