Buy Dubai debt - Zawya

 Dubai has come a long way in a short period of time. From being shunned by investors after it infamously requested a debt standstill from creditors in November 2009, the emirate has made a number of painful cuts and significant restructuring of key companies.

The emirate has matured considerably, swallowed its pride, shunned projects that did not add value and brought down debt during the period.

Unrest around the emirate has also made it look better than its peers, such as Bahrain and Egypt, and the support down the road from Abu Dhabi has shored up investor confidence.

* username: rupertbu