Our Network

Register for our free newsletter

 
 
Latest News

Dubai meets investors in Europe to allay fears

Finance officials plan roadshow to reassure investors.

June 2, 2010 3:42 by



Starting from the end of this week, Dubai finance officials will begin meeting investors around Europe in a bid to reassure them over the emirate’s financial state, reports Zawya.com.

The Department of Finance “confirms that it is conducting a series of fixed income investor meetings in Europe as part of a non-deal investor update in line with its strategy of regular ongoing investor communications as set out last year,” said a spokesperson.

The reports come just a day after Dubai Holding confirmed debts of AED 23.5 billion, and a week after Dubai World reached an agreement in principle with seven main lenders.



0

Tags: , , , ,

Leave a Comment