Dubai may use sovereign fund to repay debt
Dubai could use the $3.8 billion raised by its sovereign wealth fund to pay for its debts, as Dubai entities still have about $10 billion due next year.
December 6, 2011 3:46Register for our free newsletter
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Dubai could use the $3.8 billion raised by its sovereign wealth fund to pay for its debts, as Dubai entities still have about $10 billion due next year.
December 6, 2011 3:46With Dubai not having seen an IPO in over three years, MENA's private equity funds are scrambling for profits before investment exits. Analysts say M&As will lead the way.
October 3, 2011 1:40Modest recovery is expected in mergers and acquisitions across MENA next year, with most driven by mid-size restructuring. Not a bad start for 2012, but not great either.
September 26, 2011 12:25Gulf sovereign wealth funds may be tempted to make a quick injection into failing European banks but Una Galani hopes they’ve learned from their mistakes in 2007.
September 24, 2011 5:39