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Dubai faces another year of recession

18 May 2010

Dubai faces another year of recession, unless it introduces reforms and completes the restructuring of Dubai World

Read more: [Dubai] [Dubai World]

Dubai could be heading for another year of recession, unless it tackles the need for reform and completes the $25bn restructuring of government-owned holding company Dubai World soon.

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Poll

What will UCITS IV mean to the market?

It will increase economies of scale and reduce costs for UCITS investors
33%
It will provide more choice, transparency and investor protection
17%
It will encourage the consolidation of funds
20%
It will result in a push by firms to domicile in a single location as opposed to multiple
17%
No real effect at all
13%