Dubai's index may face selling pressure on Sunday following a Reuters report that the emirate's government has walked away from talks about a $10 billion debt restructuring at Dubai Group.
This has left the group, part of the Dubai ruler's personal empire, to deal directly with creditors and dashing hopes of a state-backed rescue.
"If the government has stepped away from the table, all the things which we have asked for are impossible because they (Dubai Group) don't have the ability to give us anything," one source told Reuters.
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