The board changes at Dubai World have resolved some of the issues still surrounding the conglomerate, but leave other questions unanswered.
The injection of Dubai's top business talent into the boardroom has been welcomed by international creditors and financial markets. The four new appointees really are the cream of the emirate's commercial and political elite, and their appointments demonstrate again that the company's problems are being tackled at the highest possible level.
Their presence should reassure stakeholders that Dubai World's financial problems will never again be allowed to threaten the emirate's international reputation.
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