Summary
Dubai - The Gulf city state refused to cover the huge debts of its commercial subsidiary company yesterday despite a record fall on its stock market.
On the first day of trading since news of Dubai World's financial problems became public, the main stock exchange dropped more than seven per cent while the exchange in neighbouring Abu Dhabi fell more than eight per cent.See the full content of this document
Extract
Gulf Financial Markets Plunge
Driving the finan...
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