Unbridled ambition is being tempered by a survivor instinct as Dubai Aerospace Enterprise (DAE) tries to secure its place in the Middle East's emerging aerospace industrial world.rnThis new-found sentiment has more to do with the growth of rival Mubadala Development Co.-the strategic investment arm of the Abu Dhabi government-and overall economic realities than with a heightened business acumen. While Mubadala's Abu Dhabi-based backers are in the enviable position of being flush with cash, Dubai's debt burden is forcing DAE to retrench. "The global financial crisis has led people to change their attitude," acknowledges DAE's Marc Foerstemann, executive vice president for strategy and business development.
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