UAE. Dubai expects two of its main companies to refinance debt this year without government help as economic growth accelerates. "I'm very confident they will manage to sort out these issues on their own," Mohammed Al Shaibani, director general of the Dubai ruler's court, said.
UAE. "Prospects for economic growth in the Gulf region remain healthy for the next few years. We expect most Gulf banks to continue to benefit from robust corporate activity and consumer consumption over the next 18-24 months."