| Kippreport.com

Share

Dubai to meet potential investors abroad

October 19, 2009 4:10 by kippreport

Officials from Dubai’s Department of Finance are planning to meet potential investors in Europe and Asia later this month, reports Zawya Dow Jones.  Dubai Islamic Bank, Mitsubishi UFJ Securities International, Standard Chartered PLC and UBS Investment Bank will be arranging the meetings in Hong Kong, London, Singapore, Dubai and Frankfurt, says the report.

Authorities have not specified any particular reason for the meetings, but a spokesman for the department told Zawya Dow Jones that they were not being arranged to market the second $10 billion tranche of Dubai’s bond program

Tags: banks, bond, Dubai, investors