On November 25th, 2009, the little city-state of Dubai shook monetary markets throughout the world when the Dubai World holding business revealed that it would ask its lenders to standstill its financial obligations. After 3 years of extraordinary development, something had actually gone off the rails with Dubai's advancement design.
Could Dubai keep its self-reliance from Abu Dhabi in the wake of the bailout? This case checks out all these problems, in light of the Great Recession, the geopolitical context, and Dubai's history
PUBLICATION DATE: March 10, 2010 PRODUCT #: 710061-HCB-ENG
This is just an excerpt. This case is about GLOBAL BUSINESS
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