/world business
(CNN) -- In focus: Dubai mood
For months it seemed the Middle East had escaped the banking crisis that has rippled through the rest of the world.
The financial crisis was predicted not to hit the Middle East, but now the region is suffering like everyone else.
With a surplus of oil revenue, it the region looked like it had plenty of cash to keep it liquid. But now -- with a fall in the main stock markets, a dip in property prices and reports of job cuts -- the region is suffering from the financial crisis, like everyone else.
MME gauges the mood in Dubai.
Facetime: Energy Roundtable
As oil prices continue to plummet, OPEC leaders gather in Cairo this week to consider a further cut in quotas. Will it make a difference to prices? Could a cut in supplies exacerbate the effects of a recession?
MME talks to Mehdi Varzi, Founder of Varzi Energy and Peter Barker-Homek, CEO of Abu Dhabi national energy company TAQA.
Together, they discuss the stability of oil prices and the prospects of future development.
Watch the show this week at the times (GMT) below:
Friday: 0915, 1945
Saturday: 0645
Sunday: 0815
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