Foreign company ownership should be allowed
On 9 August 2007, the financial crisis that would come to be known as the credit crunch hit the European and US financial markets. Almost exactly a year later, on 12 August 2008, the Dubai Financial Market (DFM) become a bear market when its index finished the day at 4,944 points, more than 20 per cent below its peak of 6,291 points on 15 January.
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