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Islamic Finance Briefing - Categorized | Finance, Funds more

Dubai Holding to get fresh funds

Posted on 19 November 2010

From Emirates247.com: The restructuring of Dubai Holding is under way and will include a haircut for creditors and injections of fresh government funds, the vice-chairman of Dubai’s top fiscal bodysaid.
Mohammed Al Shaibani, who is also Director of the Dubai Ruler’s Court, told the FT in an interview that the government had so far pumped $2 billion into the conglomerate……………………………………….Full Article: Source

 
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