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28 Nov

Dubai blackout over debt plans to hit Gulf markets (AFP)

Posted in business on 28.11.09

Traders follow the market's movement at the Stock Exchange in Kuwait City on September. A lack of details on how Dubai plans to pay off its 80-billion-dollar debt mountain will hit Gulf stock markets sharply this week when they trade for the first time since news broke of the emirate's problems, analysts predict.(AFP/File/Yasser al-Zayyat)AFP – A lack of details on how Dubai plans to pay off its 80-billion-dollar debt mountain will hit Gulf stock markets sharply this week when they trade for the first time since news broke of the emirate’s problems, analysts predict.



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