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Dubai looking at alternatives to repay debt

Favourable market conditions may prompt Dubai to issue another sovereign bond this year, a top official said on Tuesday, adding that the…

May 7, 2013 5:46
 
Boom in Dubai's real estate projects

Yes, Dubai has debt…but who doesn’t?

Nobody in the world succeeds or becomes a pioneer unless he makes mistakes. it's a price that we sometimes have to pay, says Habtoor.

November 29, 2012 8:58
 
business bay bridge dubai

Dubai still faces heavy burden – StanChart

Is Dubai now - unlike during the recession period - better equipped to handle its redemptions?

November 7, 2012 3:44
 
DP World to repay $3B October loan early with cash

DP World to repay $3B October loan early with cash

Repayment to take place between April 4 to 10; Operator's cash balance will be $1.2 billion after repayment; DP World cancels $2 bln existing revolving credit facility

March 26, 2012 9:12
 
State spend trumps dampened private sector

State spend trumps dampened private sector

Private sectors may be wary of the regional unrest, but booming energy industries are expected to offset this, especially with aggressive state spending.

April 5, 2011 4:10
 

Dubai support fund may need up to $2.4 bln – J.P. Morgan

Support fund could need as much as $2.4 bln in next 2yrs; $8.5 bln of total est.$79 bln debt could be challenging; Dubai likely to raise funds from capital mkts.

February 27, 2011 3:04
 
Best of the Web: January 21, 2011

Best of the Web: January 21, 2011

10 Top Dead Or Dying Career Paths; Dubai Finances: Debt forgetfulness; Facebook Privacy; How Truthful Must CEO Steve Jobs Be?

January 21, 2011 1:04
 

Cost of insuring Dubai debt spikes to two-month high

Five-year credit default swaps (CDS) for Dubai spiked 30 basis points from the previous close to 440 basis points, according to CDS monitor Markit.

November 12, 2010 2:14
 
Can Dubai afford not to?

Can Dubai afford not to?

Though some predict a quick economic recovery, times are still tough; Kipp wonders if Dubai can afford to hold onto its assets for a better price down the line.

October 27, 2010 3:15
 
Dubai debt seen at $115 bln, asset sales likely

Dubai debt seen at $115 bln, asset sales likely

Analysts estimate Dubai’s overall debt at $115 bln; Asset sales, then sovereign issue likely financing options; Dubai government likely to sell part of DP World stake.

October 14, 2010 5:05
 

DP World eyes London dual listing soon after March

Dual listing filing seen after March results.

October 13, 2010 3:02
 

UAE interbank rates at 7-month low, may fall further

Dirham forwards stay near one-month lows, Dubai CDS down.

October 12, 2010 8:38
 
Dubai assets on the line

Dubai assets on the line

Dubai is expected to boost budget revenues through asset sales, according to analysts, who say bond issuance and funds from other Gulf states are also options – ahead of new taxes.

September 13, 2010 2:48
 
Are UAE banks broke?

Are UAE banks broke?

Despite government bailouts, tight liquidity persists throughout the Emirates.

May 7, 2010 10:18
 

Negative press coverage ‘has not hit Dubai tourism’

Emirate retains luxury status despite media onslaught, according to survey of UK travel agents.

May 3, 2010 12:51
 
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