<?xml version='1.0' encoding='UTF-8'?><?xml-stylesheet href="http://www.blogger.com/styles/atom.css" type="text/css"?><entry xmlns='http://www.w3.org/2005/Atom' xmlns:georss='http://www.georss.org/georss'><id>tag:blogger.com,1999:blog-34208961.post-8369854113319974167</id><published>2009-07-02T11:36:00.001+04:00</published><updated>2009-07-02T11:40:45.806+04:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='Emaar'/><category scheme='http://www.blogger.com/atom/ns#' term='Dubai Holdings'/><title type='text'>Moody's reaction to Emaar, Dubai Holding merger</title><summary type='text'>There is a certain uncertainty surrounding the proposed consolidation between real estate giant Emaar and three other property developers under the government-owned Dubai Holding, and this has led to questions about the possible financial implications for the two companies.Moody's yesterday reacted to this scenario by downgrading its credit rating on Dubai Holding from level A2 to A3 and placed </summary><link rel='replies' type='application/atom+xml' href='http://www.blogger.com/feeds/34208961/8369854113319974167/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://www.blogger.com/comment.g?blogID=34208961&amp;postID=8369854113319974167' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/34208961/posts/default/8369854113319974167'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/34208961/posts/default/8369854113319974167'/><link rel='alternate' type='text/html' href='http://www.estatesdubai.com/2009/07/moodys-reaction-to-emaar-dubai-holding.html' title='Moody&apos;s reaction to Emaar, Dubai Holding merger'/><author><name>Exclusive Dubai</name><uri>http://www.blogger.com/profile/14489878657218497807</uri><email>noreply@blogger.com</email><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='OpenSocialUserId' value='08494109715561991047'/></author><thr:total xmlns:thr='http://purl.org/syndication/thread/1.0'>0</thr:total></entry>