Monday, 18 April 2011

Dubai Stocks Have Value as Index in Bull Market, Mobius Says

http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=aMoqocScZP98

“All the bad news about Dubai is now really old news; the real-estate market cracked in late 2008, the debt problems hit the headline in 2009, and at present there don’t appear to be any shoes left to drop,” according to Ibrahim Masood, who helps manage about $400 million at Mashreqbank PSC.

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