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Dubai Group interest

The debt days are over-uh huh?

The debt days are over-uh huh?

Dubai Group says there is no reason to worry. Analysts say Dubai debt will be manageable this year. Meanwhile, UAE banks tighten strings to mitigate overspending by public establishments. What to make of it all?

February 6, 2012 4:49

Dubai Group Stalls Interest On $10 Bln Debt-Sources

No interest paid by Dubai Group on $10 bln debt since Aug 2010; Unpaid bill now hundreds of millions of dollars-sources; No financial support from Dubai authorities offered; Full bank provisioning required if no debt deal by year-end

November 3, 2011 4:06