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| UAE stocks seen surging if Dubai government backs debt plan |
| Dubai's debt restructuring proposal will determine the fate of UAE equity markets as the ailing emirate seeks support from Abu Dhabi, with markets poised to rally if the deal includes guarantees, analysts said. |
| Reuters - Sun, 21 Mar 2010 12:22:41 GMT |
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| UAE banks boost capital by 8.4% in two months |
| UAE banks boosted their shareholders' equity by nearly 8.4 per cent in the first two months of 2010 to maintain their position as the largest capitalised banking system in the Arab World, UAE Central Bank data showed. |
| Zawya - Mon, 22 Mar 2010 04:50:51 GMT |
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| UAE stocks seen surging if Dubai govt backs debt plan |
| DUBAI, March 21 — Dubai’s debt restructuring proposal will determine the fate of UAE equity markets as the ailing emirate seeks support from Abu Dhabi, with markets poised to rally if the deal includes guarantees, analysts said. Dubai’s index has been resurgent, gaining 12.8 per cent in 12 trading days, as investors bet a restructuring deal would be more favourable to creditors than once thought ... |
| The Malaysian Insider - Sun, 21 Mar 2010 13:29:55 GMT |
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