Credit Management,

DUBAI'S FINANCIAL CRISIS

Dubai for Business :
Dubai has emerged as a leading
regional commercial hub with state-
of-the art infrastructure and a world-
class business environment.

Dubais Business Climate

Market Access

Pro-Business Environment

Special Investment Incentives



Crisis :
1.a. A crucial or decisive point or
situation; a turning point.
b. An unstable condition, as in
political, social, or economic affair,
involving an impending abrupt or
decisive change.
2. A sudden change in the course of a
disease or fever, toward either
improvement or deterioration.
3. An emotionally stressful event or
traumatic change in a person's life.
4. A point in a story or drama when a
conflict reaches its highest tension
and must be resolved.

Sectoral Composition of GDP of
Dubai :
Dubai Crisis :
Major Impacts of Dubai Crisis on
Dubai itself
Impact on Banking

Fall in Real Estate Prices

Fall in Stock Market

Decline in GDP Rate


Major Impacts of Dubai Crisis on
Dubai itself ..contd..
Impact on the Dubais Credit
Ratings

Layoffs

Fall in House prices

Drop in Demand of Gold


Major Impacts of Dubai Crisis on
India
Impact on remitence

Layoffs of indian workers in dubai

Fall in import export.

Modest effect on equity sector


COMPANIES THAT ARE AFFECTED
BY THE CRISIS:


NAGARJUNA CONSTRUCTION: The Company is
doing around Rs 1400 crore apartment project in
Dubai. Along with this company is also doing 100
crore water pipeline project at Dewa Dubai.

LARSEN & TOUBRO: The Company has exposure in
the hydro-power segment. The exposure in the region
is to the tune of $200 million.

Voltas: The company is doing Rs 900 crore project in
Dubai as part of the joint venture where Voltas is
having 37% stake.

BANK OF BARODA: The bank has exposure in
Dubai real estate which is to the tune of 5-6% of the
total loan book. Bank of Baroda has 10 branches in
the region.


COMPANIES THAT ARE
AFFECTED BY THE CRISIS ..
Contd:
OMAXE: The real estate developer is planning to exit
two real estate projects in Dubai. Company has
planned an investment of Rs 2850 crore.

SPICE JET: Dubai World investment arm Istithmar
holds 13% stake in the Spice Jet.

GEOJIT FINANCE: Kerala based brokerage firm has
major client base in the Middle East region. Any crisis
in the region will affect its top line.

FEDERAL BANK: South Indian bank does major
business from the Middle East region. It provide for
the remittance and other service. Any problem will
directly or indirectly hit the bank.


Major Impacts of Dubai Crisis on rest
of the world.
Impact In Stock Market




Major Impacts of Dubai Crisis on rest
of the world.