Dubai's government-related entities (GREs) can pay down or refinance nearly $14 billon in debt maturing next year with relative ease, according to a report by investment bank JP Morgan.
October 15, 2011 4:07
Dubai Financial Support Fund provides money for the full payment of Islamic bond issued by the troubled developer.
May 11, 2010 4:43
The Abu Dhabi government has given Dubai $10 billion to help pay off its debt, including Nakheel’s $3.52 billion Islamic bond that matures today.
December 14, 2009 11:39
Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai, issued law no 24 of 2009 establishing the Dubai Financial Support Fund (Support Fund)...
July 22, 2009 6:43