11.12.2009 - UAE - Moody's downgrades three Dubai-based banks
From Globalarabnetwork.com: Moody's Investors Service has today downgraded the ratings of three Dubai-based banks -- Emirates NBD, Mashreqbank PSC and Dubai Islamic Bank PJSC. These ratings were placed under review in August 2009 in response to a weakening of economic conditions in Dubai....................................Full Article: Source
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