From Tradearabia.com: Investor confidence in Dubai took a fresh knock on Tuesday as its leaders dithered over a rescue for debt-laden company Dubai World and ratings agency Moody’s slapped a downgrade on government-related debt.

‘You can usually take the view that no news is good news, but in Dubai’s case it’s quite the opposite — investors need to hear some developments on Dubai World’s restructuring,’ said Julian Bruce, EFG-Hermes director of institutional equity sales……………………………..Full Article: Source