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CITY VIEWS: ARE YOU CONCERNED ABOUT THE WIDER IMPLICATIONS OF DUBAI'S DEBT ISSUES ?

<strong>BRUCE GRIMMER </strong>BLUE FIN<br />&ldquo;There will be possible wider implications, but I suspect that the UAE will come to Dubai&rsquo;s aid, particularly Abu Dhabi. I think this is just a hiccup. It&rsquo;s not as bad as some of the other global debt. It seems to be that the market is overly sensitive.&rdquo;<br /><br /><strong>EDWARD ROGERS </strong>CTC AXION<br />&ldquo;I don&rsquo;t believe it will be a massive problem. Western banks have written down far more than what Dubai owes during this downturn. The market is worried about debt levels at this current time and that&rsquo;s what&rsquo;s causing the dip &ndash; but we&rsquo;ve been here before.&rdquo;<br /><br /><strong>JOHN EDGAR </strong>MORGAN FORBES<br />&ldquo;I think that there is a worry that Dubai&rsquo;s problems will have wider implications and a ripple effect &ndash; particularly in the property sector. It&rsquo;s a bit concerning as Dubai has been at the forefront of property development, but I think it&rsquo;s widely expected that other UAE states will come to its aid.&rdquo;