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Email this article: Markets looking for leadership, says Emirates NBD investment strategist
Posted: Wed June 27, 2012 4:55 pm
UAE. All eyes now are on the European summit of 28 June for evidence that the continent's leadership is moving in the direction of a Europe-wide system of cross-guarantees for bank deposits and fiscal policies, says Mark McFarland, Chief Investment Strategist, Private Banking, Emirates NBD.
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UAE. Dubai World, the state-owned company at the center of the emirate's 2009 financial crisis, reached a deal with its main creditors to extend the repayment of US$10.3 billion of debt, according to people with knowledge of the matter.
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