Enlightening Dubai: Dubai business daily
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Days of darkness
Stock fraud coming to light is bound to hurt the market, more so when sentiment is already bearish. But when there is a string of such revelations compounded with apparent disregard for transparency, things get murkier. And, when there are unresolved regulatory issues, a bourse could find itself shrouded in darkness for a lengthy period, [...]
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A tribe without a sheikh
In ancient Arabia tribes often lived in complete isolation, answerable to no one but themselves. To ensure security and safety, each tribe would elect a sheikh – a head or chieftain – responsible for policing the members of the tribe, administering justice and acting as a watchdog over all tribal activities.
The days of tribes wandering [...]
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© 2008 Dubai Business Daily (DBD). 
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