With oil prices falling, Dubai is likely to feel the impact.
http://www.thenational.ae/business/markets/dubai-financial-market-slips-into-bear-territory
http://www.thenational.ae/business/markets/emaar-shares-tumble-in-dubai-trading
According to Reuters " Dubai's bourse fell 3.3 percent to 4,031 points and Emaar tumbled 7.0 percent late in the session to 8.32 dirhams; both hit five-month lows."
Reuters : http://www.reuters.com/article/2014/12/08/mideast-markets-wrap-idUSL6N0TS2HY20141208
MIDEAST STOCKS-Dubai leads losses as oil drags Gulf down
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