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Flying Shoppers: Dubai hopes airline passengers could ease its debt burden

Flying Shoppers: Dubai hopes airline passengers could ease its debt burden

With its bank credit scarce, Dubai is planning to raise at least $500 million by issuing bonds secured against future revenues of Dubai Duty Free. Will shopping save the day?

March 6, 2012 2:18
 
Egypt attracts solid demand for 7-year government bonds

Egypt attracts solid demand for 7-year government bonds

Egypt attracted solid demand at an auction of seven-year treasury bonds on Monday amid optimism that foreign donors will help ease the country's fiscal crisis, traders said.

March 6, 2012 10:57
 
Your key to 2012: Diversify

Your key to 2012: Diversify

Credit Suisse suggests diversifying your portfolio and do some strategic add-ons—it’s a safe advice that’s become a bit of a cliché. But it’s something.

December 12, 2011 4:47
 

Abu Dhabi’s TAQA sells $1.5B in bonds

TAQA sells $750 mln 5-year bonds, $750 mln 10-year; New TAQA issues used to refinance existing debt; Order books over $8 billion -market source; Existing bonds sell off after guidance released

December 6, 2011 10:36
 
Saudi Sipchem eyes up to $530 mln from Islamic bond

Saudi Sipchem eyes up to $530 mln from Islamic bond

Sipchem plans to raise 1.5-2 bln riyals from sukuk; Book building for sukuk to begin next week – CEO; Sukuk to fund expansion of projects with costs over $1 bln

June 20, 2011 12:54
 
Abu Dhabi to crack down on state firms’ bond binge

Abu Dhabi to crack down on state firms’ bond binge

Reuters exclusive: Abu Dhabi debt office to take central role in issuances and may issue bond late 2011 or early 2012. Review of investment will affect big names like Mubadala and TDIC.

May 19, 2011 1:47
 
Bonds dropped or shelved. Why do I care?

Bonds dropped or shelved. Why do I care?

Various high profile companies from across the region are cancelling or freezing plans to issue bonds. But why do you care?

March 10, 2011 4:15
 
Dubai’s debt saga

Dubai’s debt saga

With the emirate’s total obligations now estimated at $170 billion, analysts say the government may no longer come to the rescue of its related entities.

January 20, 2010 6:17
 

Dubai World may sell bonds to repay debt

Government-owned conglomerate Dubai World may...

October 21, 2009 3:13
 

UAE central bank may buy Dubai bonds

The bank will probably be one of the...

August 3, 2009 6:24
 
Nakheel back in the game

Nakheel back in the game

The Dubai-based developer has confirmed that it will be using some of the funds given by the government to repay its debtors.

May 28, 2009 12:07
 
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