From Arabfinance.com: Investor confidence in the Gulf Cooperation Council (GCC) economies took a “significant” drop in December following the Dubai World crisis, but improved post the Nakheel sukuk payment, Shuaa Capital said.

The monthly GCC Investor Confidence Index dropped 32.7 points to 98.1 points in the wake of Dubai World’s announcement on Nov. 25 to request a standstill on its $26 billion debt obligations while it restructured various parts of its businesses, including developer Nakheel, Shuaa said…………………………………….Full Article: Source