What’s the difference between Dubai and Dubai World?
Dubai’s spectacular rise from a village of pearl fishermen 50 years ago to a commercial and financial hub of the Persian Gulf today was built on the idea that the state and its economic interests were inseparable.
So, when a senior government official said this week that the government would not back the debt of Dubai World, Dubai’s wholly owned investment vehicle, investors and creditors were stunned.
Bangladeshi Farmer Sends "Aid" to Dubai Government link: http://wp.me/pIP1s-p
ReplyDelete