EKs $1.1 billion profit (real or not) pales into insignificance when you realize that Dubai Inc is still up to it's neck in debt:
BBC Business commenting on Dubai World's debt restructuring:
But Dubai's financial crisis is far from over. Almost six months to the day that Dubai sent shockwaves around the world, there's still little confidence. There's also the matter of Dubai's overall debt burden. That currently stands at whopping $109bn.
That's the current bailout the EU has had to cough up to support Greece with a population of 11.5 million. Dubai; 1.4 million. That's $78,000 for every man, women and child against Greece's $9,500.