Middle East Lawyers Calm Through Dubai Crisis


Posted on December 10, 2009 at 9:12 PM

Even with the surprise announcement by Dubai World that it wanted to delay debt repayments, which led to widespread panic, Middle East lawyers are downplaying the effects of it on Dubai’s future.Dubai World, a state-backed conglomerate in charge of some of the Middle East’s largest projects, has approximately $60 billio...

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