| From Businessweek.com: Investors should start buying some Gulf bonds as the region’s debt recovers from an “indiscriminate selloff” after Dubai World’s announced plans to restructure $26 billion of debt, Emirates NBD Asset Management said.
“After Dubai World’s standstill announcement the entire region was so oversold,” said Helen Holmes, the Dubai-based manager of the fund, overseeing about $2 billion in assets. “Aldar is a good example. It’s been painted with the same brush because it’s real estate and in the proximity of Dubai.”.....................................Full Article: Source
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