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Second half of Dubai’s $20 billion tranche out before year end

Half of Dubai’s $20 billion bond program will be issued before the end of 2009…

November 16, 2009 4:58 by



Half of Dubai’s $20 billion bond program will be issued before the end of 2009, reports Bloomberg, citing the chairman of the emirate’s Supreme Fiscal Committee.

Sheikh Ahmed bin Saeed al-Maktoum told the agency “it will happen by the end of the year.”

Sheikh Ahmed is also chairman of Emirates Airlines.



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