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Official: UAE can overcome Dubai debt challenges

Published: December 2, 2009 9:22 AM
By The Associated Press  BARBARA SURK (Associated Press Writer)

Quick ReadUAE economy minister says country can overcome challenges despite Dubai's debt crunch

DUBAI, United Arab Emirates (AP) — Top Emirates officials rallied together Wednesday, extolling the strength of the country's economy in a show of bravado that ignored the debt woes facing the one-time Arab boomtown of Dubai.

In speeches on the national holiday marking the unification 38 years ago of seven small desert fiefdoms into the United Arab Emirates, they stressed the country's push...

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