It’s good business to level with partners

* username: rupertbu

Let us get the arguments against transparency in Dubai World affairs out of the way quickly.

Dubai World is not a quoted company, therefore has no obligation to be transparent at all; there is only one shareholder that matters, the Government of Dubai, and you can be sure that it is kept fully up to speed.

Moreover, the current negotiations concern private and confidential matters between bankers and their client. Who would be happy if their bank manager went around briefing the press on the details of their bank account?