Articles in the Economics Category
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Dubai and Abu Dhabi saw their main stock markets fall sharply today as they opened for the first time since a state-owned company in Dubai asked for extra time to repay its debt.
For many in the Middle East, the specter of Dubai’s towering promise tumbling down is a deep affront to regional pride.
“Oh Proud Emirates, with your golden sands and high sky,” said a reader on Emirat Al-Youm, “your men, women, children, elderly and wise people will not bow down or be humiliated.”
